Paychex, Inc. Reports Fourth Quarter and Full Year 2024 Results

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Go back to Paychex, Inc. Reports Fourth Quarter and Full Year 2024 Results

RBC Capital Reiterates Sector Perform Rating on Paychex (PAYX)

June 27, 2024 6:15 AM EDT

RBC Capital analyst Ashish Sabadra reiterated a Sector Perform rating and $130.00 price target on Paychex (NASDAQ: PAYX).

The analyst comments "4Q24 revenues were roughly inline, while lower taxes ($0.02 tailwinds) and cost takeout helped beat EPS. Revenue growth is slowing down... More

Paychex (PAYX) PT Raised to $113 at BofA Securities

June 27, 2024 5:11 AM EDT

BofA Securities analyst Jason Kupferberg raised the price target on Paychex (NASDAQ: PAYX) to $113.00 (from $111.00) while maintaining a Underperform rating.

The analyst comments "Shares down as top-line remains pressured Paychex (PAYX) shares are down after printing a relatively in line F4Q but... More

Paychex (PAYX) PT Raised to $130 at Evercore ISI

June 26, 2024 10:21 AM EDT

Evercore ISI analyst David Togut raised the price target on Paychex (NASDAQ: PAYX) to $130.00 (from $116.00) while maintaining a In Line rating.

The analyst comments "For 4Q/FY24, adjusted diluted EPS of $1.12 beat Consensus and EVRISI estimates of $1.10 largely on operating expense discipline and... More