Trade Paychex, Inc. - PAYX CFD

Trading Conditions

• Spread: 0.16
• Long position overnight feeLong position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position-0.026179 %(-US$1.05)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: -0.026179%
• Short position overnight feeShort position overnight feeMargin. Your investmentUS$1,000.00Overnight feeCharges from full value of position0.003957 %(US$0.16)Trade size with leverage ~ US$5,000.00Short position overnight fee ~ US$4,000.00Go to platform: 0.003957%
• Overnight fee time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 20
• Stock exchange: United States of America
• Commission on trade: 0%

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: -0.026179 %
  (-US$1.05)

• Margin. Your investment: US$1,000.00
• Overnight feeCharges from full value of position: 0.003957 %
  (US$0.16)

Key Stats

• Prev. Close: 121.85
• Open: 121.51
• 1-Year Change: 12.58%
• Day's Range: 119.82 - 121.96

Paychex Company profile

About Paychex, Inc.

Paychex, Inc. is a provider of integrated human capital management (HCM) solutions for payroll, human resource (HR), retirement and insurance services for small- to medium-sized businesses in the United States. It combines its software-as-a-service (SaaS) technology and mobility platform with personal service and allows business owners to focus on the growth and management of their business. The Company, through its HCM software-as-a-service platform, Paychex Flex, provides an integrated product suite that covers the employee life cycle from recruiting and hiring to retirement. Its Paychex Flex uses a device-independent design throughout its HCM suite, which allows functionality of all application components, regardless of device or screen size.

Financial summary

BRIEF: For the six months ended 30 November 2021, Paychex, Inc. revenues increased 14% to $2.19B. Net income increased 38% to $665.7M. Revenues reflect Management Solutions segment increase of 15% to $1.64B, PEO & Insurance Services segment increase of 13% to $525.3M. Net income benefited from Cost-saving initiatives decrease from $32.2M (expense) to $0K, Other - Balancing value increase from $3.6M to $16.1M (income).

Equity composition

Common Stock $.01 Par, 02/11, 600M auth., 361,849,681 issd. Insiders & Stakeholder owns 10.46% PO 8/83, 1M shares @ $11.00 by Hambrecht & Quist, Inc. 5/00, 5/99, 5/98, 5/97, 5/96, 5/95, 9/93, 5/92, 10/87, 3-for-2 stock splits. FY'01 & '03 fincls. are reclassified.