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NASDAQ: PAYX
Paychex (PAYX) stock, explained like you're 5
Paychex trades on the Nasdaq under the ticker PAYX. It is a large cap company in the diversified commercial services industry, part of the industrials sector, with a market value of about 37 billion dollars.
- Ticker
- PAYX
- Exchange
- Nasdaq
- Sector
- Industrials
- Industry
- Diversified Commercial Services
- Size
- Large cap, about 37 billion dollars
Is Paychex a small, medium or large cap company?
Yes. Paychex is a large cap stock. Its market cap, which is the total value of all its shares, is about 37 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Paychex makes money
- Building and selling machines, aircraft, equipment or infrastructure.
- Moving goods and people.
- Long term service and maintenance contracts.
What moves PAYX stock
- Orders and backlog, which show future sales.
- Business spending and the health of the economy.
- Costs of materials and labor.
In the news lately
- Paychex (PAYX) Stock Could Be 40% Undervalued As AI Compliance Tool Launches (Yahoo Finance)
- Paychex AGM Highlights AI Growth Strategy, Stock Split Debate and Shareholder Votes (TradingView)
- Paychex Builds Fortress of Steady Dividend Growth While Stock Struggles (24/7 Wall St.)
- Why Paychex Stock Slumped This Week (The Motley Fool)
- At $110.78 a share, Paychex (PAYX) CFO Robert L. Schrader has 116 shares withheld for taxes (Stock Titan)
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Questions about Paychex stock
What does Paychex do?
Paychex trades on the Nasdaq under the ticker PAYX. It is a large cap company in the diversified commercial services industry, part of the industrials sector, with a market value of about 37 billion dollars.
What is the ticker symbol for Paychex?
Paychex trades under the ticker PAYX on the Nasdaq.
What is Paychex's market cap?
Paychex is a large cap stock with a market cap of about 37 billion dollars.
How does Paychex make money?
Building and selling machines, aircraft, equipment or infrastructure. Moving goods and people. Long term service and maintenance contracts.
What moves PAYX stock?
Orders and backlog, which show future sales. Business spending and the health of the economy. Costs of materials and labor.
How can I follow PAYX stock every day?
Add PAYX to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.