PAYX / Here's Why Investors Should Hold on to Paychex (PAYX) Stock

Paychex's latest quarterly results once again exceeded analysts' expectations for earnings and revenue. The company's share price might not be present more_horizontal

Paychex, Inc. provides human capital management solutions for small and medium sized businesses, simplifying HR, payroll, benefits, and insurance proc more_horizontal

Paychex's (PAYX) earnings and revenues grow year over year due to in-demand HR solutions. more_horizontal

The headline numbers for Paychex (PAYX) give insight into how the company performed in the quarter ended August 2023, but it may be worthwhile to comp more_horizontal

Paychex (NASDAQ:PAYX) stock edged higher in pre-market trade on Wednesday after it reported first quarter fiscal 2024 sales and earnings that beat Wal more_horizontal

Shares of Paychex Inc. jumped 3.8% in premarket trading Wednesday, after the human resources services company reported fiscal first-quarter profit and more_horizontal

Paychex saw its stock trading at around $114 at the end of June 2022, just before the Fed started increasing rates, and remains marginally up from the more_horizontal

Paychex (PAYX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy). more_horizontal