Paychex is a leading provider of payroll, human resource, and benefits outsourcing solutions for small to medium-sized businesses. The company specializes in delivering comprehensive services that include payroll processing, tax administration, employee benefits management, and human resource consulting. With a focus on simplifying administrative tasks and ensuring compliance with regulations, Paychex empowers businesses to streamline their operations, enhance employee engagement, and improve overall efficiency. Through innovative technology and personalized support, Paychex aims to be a trusted partner for businesses navigating the complexities of workforce management. Read More
According to the Paychex Small Business Employment Watch, job growth in U.S. small businesses with fewer than 50 employees ticked up slightly in April, gaining 0.27 percentage points to an index level of 100.02. The Small Business Jobs Index, a primary component of the Employment Watch report, has averaged 99.99 over the past 12 months, indicating little change in small business labor market over the last year. Hourly earnings growth for U.S. small business workers, meanwhile, slowed to its lowest level since May 2021 at 2.82%.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how hr software stocks fared in Q4, starting with Paylocity (NASDAQ:PCTY).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at hr software stocks, starting with Paycor (NASDAQ:PYCR).
While the S&P 500 (^GSPC) includes industry leaders, not every stock in the index is a winner.
Some companies are past their prime, weighed down by poor execution, weak financials, or structural headwinds.
Supply chain optimization software maker Manhattan Associates (NASDAQ:MANH) will be announcing earnings results tomorrow after the bell. Here’s what investors should know.
Paychex, Inc. (Nasdaq: PAYX) (“Paychex”), an industry-leading human capital management (HCM) company, today announced the successful completion of its acquisition of Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of HCM, payroll and talent software.
Paychex, Inc. (Nasdaq: PAYX) today announced the pricing of a public offering of $4.2 billion aggregate principal amount of senior notes, consisting of $1.5 billion aggregate principal amount of 5.100% notes due 2030, $1.5 billion aggregate principal amount of 5.350% notes due 2032, and $1.2 billion aggregate principal amount of 5.600% notes due 2035. The offering is expected to close on or about April 10, 2025, subject to the satisfaction of customary closing conditions.
The Paychex Small Business Employment Watch, which includes the Paychex Small Business Jobs Index as a measure of employment growth among U.S. businesses with fewer than 50 employees, showed job growth continued at levels seen over the last several quarters at 99.75 in March. Meanwhile, Paychex wage data revealed the hourly earnings growth rate (2.91%) for workers in U.S. small businesses remained essentially unchanged in March from the previous month.
Human capital management (HCM) stocks may be catching investors' attention as fears of an escalating trade war and hotter-than-expected PCE data led to a sharp decline among the broader indexes on Friday.
Paychex reported Q3 revenue of $1.509 billion, a 4.8% YoY increase, with EPS of $1.49 surpassing expectations. RBC analyst reiterated a Sector Perform rating on the shares of Paychex.
Shares of payroll and human resources software provider, Paychex (NASDAQ:PAYX)
jumped 6.2% in the morning session after the company reported decent first quarter (fiscal Q3 2025) earnings. There weren't many resounding positives in these results. Both revenue and EBITDA were roughly in line with expectations. However, free cash flow improved significantly.
U.S. stocks decline on renewed tariff concerns, technology shares lead selloff while blue-chip stocks are more resilient. VIX jumps 8%, dollar and Treasury yields remain flat.
Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has been recognized on Fortune® magazine’s list of America’s Most Innovative Companies for the third consecutive year. Paychex was honored for its commitment to industry-leading HR solutions while fostering a culture of innovation.
