Paychex CEO explains why he doesn't see a recession on the horizon [CNBC]
Paychex, Inc. (PAYX)
Last paychex, inc. earnings: 3/25 08:15 am
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Source: CNBC
Small businesses are optimistic, he said, even though they are concerned about the macroeconomy and the political sphere. “I'm not seeing any signs of a recession in our data. The underlying labor market remains fundamentally healthy,” Gibson said. “We continue to see moderate growth for small businesses, we see wages continuing to be moderate.” CEO John Gibson told CNBC's on Wednesday he doesn't think a recession is imminent. Small businesses are optimistic, he said, even though they are concerned about the macroeconomy and the political sphere. “I'm not seeing any signs of a recession in our data. The underlying labor market remains fundamentally healthy,” Gibson said. “We continue to see moderate growth for small businesses, we see wages continuing to be moderate.” Paychex provides a number of services to small and medium-sized businesses, including payroll and human resources. The company exceeded earnings expectations when it Wednesday morning, and by close, shares were
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PAYX
News
- Cramer's week ahead: New economic data and earnings from FedEx, Jabil [CNBC]CNBC
- Paychex Pays 3.65% and Added $4.2 Billion in Debt but the Dividend Looks Safe [Yahoo! Finance]Yahoo! Finance
- Paychex (NASDAQ:PAYX) had its price target lowered by analysts at Wolfe Research from $130.00 to $115.00. They now have an "underperform" rating on the stock.MarketBeat
- Paychex (NASDAQ:PAYX) had its "hold (c)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Paychex (NASDAQ:PAYX) was given a new $116.00 price target on by analysts at Wells Fargo & Company.MarketBeat
PAYX
Earnings
- 9/30/25 - Beat
PAYX
Sec Filings
- 12/3/25 - Form 4
- 11/13/25 - Form SCHEDULE
- 11/12/25 - Form 4
- PAYX's page on the SEC website