TD Cowen Downgrades Paychex (PAYX) to Market Perform, 'Fair Valuation"
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Paychex (PAYX) PT Raised to $118 at Evercore ISI
December 21, 2023 4:03 PM ESTEvercore ISI analyst David Togut raised the price target on Paychex (NASDAQ: PAYX) to $118.00 (from $114.00) while maintaining a In Line rating.... More
Paychex's quarterly revenue growth slows on weak client spending
December 21, 2023 1:53 PM EST(Reuters) - Payroll services provider Paychex reported its slowest rise in quarterly revenue in over two years on Thursday, hurt by tepid spending by businesses and a slower pace of hiring, sending its stock down 6%.
Shares of the Rochester, New York-based company fell to $120 in early trading.
... MoreIncreasing unusual call option volume: IREN CAN AER CIFR SKIN PAYX FDX
December 21, 2023 9:56 AM ESTIncreasing unusual call option volume: IREN CAN AER CIFR SKIN PAYX FDX
... MoreMidday movers: Micron, Salesforce and more
December 21, 2023 9:05 AM EST(Updated - December 21, 2023 12:08 PM EST)
Investing.com -- Main U.S. indexes rose Thursday, bouncing after the previous sessions selloff. Yesterdays decline in the S&P 500 was the worst since September and ended a rally fueled by hopes the Fed will begin cutting interest rates early next year.
Here are some of the biggest U.S. stock movers today:
Micron (NASDAQ: MU) stock rose 7% after the memory chipmaker unveiled a better-than-expected second-quarter revenue forecast, expecting the company "to benefit from higher prices" next year and into 2025.
Warner Bros... More
Paychex (PAYX) shares dip as revenue misses expectations
December 21, 2023 9:02 AM ESTPaychex (NASDAQ: PAYX) shares are down more than 3% premarket after the company reported earnings for its latest quarter, missing the consensus revenue estimate.
The company reported second-quarter earnings of $1.08, $0.01 better than the analyst estimate of $1.07, while revenue, which rose 6% YoY, came in at $1.26... More
Paychex (PAYX) Tops Q2 EPS by 1c
December 21, 2023 8:34 AM ESTPaychex (NASDAQ: PAYX) reported Q2 EPS of $1.08, $0.01 better than the analyst estimate of $1.07. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.27 billion.
For earnings history and earnings-related data on Paychex (PAYX) click here.
... MorePaychex (PAYX) January 130 straddle into quarter results
December 21, 2023 5:23 AM ESTPaychex (NASDAQ: PAYX) January 130 straddle is priced for a move of 5.5% into the expected release of quarter results today before the bell.
... MorePaychex (PAYX) January 129 straddle into quarter results
December 20, 2023 4:31 AM ESTPaychex (NASDAQ: PAYX) January 129 straddle is priced for a move of 5.5% into the expected release of quarter results before the bell on December 22.
... More