Reasons to Hold Paychex (PAYX) Stock in Your Portfolio
PAYXPaychex(PAYX) zacks.com·2024-05-27 21:56

Paychex, Inc. (PAYX) has had an impressive run over the past year, appreciating 15%.The company has an expected long-term (three to five years) EPS growth rate of 7.3%. Its earnings for fiscal 2024 and 2025 are anticipated to grow 10.3% and 5.6%, respectively, year over year.Factors That Bode WellPaychex has seen significant growth by providing industry-leading service and technology solutions to clients and employees. This growth is driven by a robust business model, diverse offerings and strategic acquisi ...