Online Payroll Services Market Reach USD 11.50 Billion by 2032, Driven by Digital Transformation and Technological Advancements | Research by SNS Insider [Yahoo! Finance]
Paychex, Inc. (PAYX)
Last paychex, inc. earnings: 3/25 08:15 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.paychex.com
Company Research
Source: Yahoo! Finance
Pune, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Online Payroll Services Market Size Analysis: “ The Online Payroll Services Market was valued at USD 3.45 Billion in 2023 and is projected to reach USD 11.50 Billion by 2032, growing at a compound annual growth rate (CAGR) of 14.35% from 2024 to 2032. ” Online Payroll Services Market Driving Efficiency and Compliance The online payroll services market is experiencing robust growth, fueled by increasing digitalization and the need for streamlined payroll management. Cloud-based payroll solutions are widely adopted to automate salary processing, tax calculations, and compliance management, saving time and reducing errors. In 2023, 62% of companies used cloud payroll systems, which cut processing costs by up to 80%, making them an attractive option for businesses of all sizes, especially SMEs. The rising demand for remote work and SaaS models further accelerates adoption, as companies prioritize efficiency, accuracy, and compliance with comp
Show less
Read more
Impact Snapshot
Event Time:
PAYX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PAYX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PAYX alerts
High impacting Paychex, Inc. news events
Weekly update
A roundup of the hottest topics
PAYX
News
- Three Key Predictions For How SMBs Should Prepare For Growth In 2025 [Forbes]Forbes
- Paychex, Inc. (NASDAQ: PAYX) had its price target raised by analysts at Barclays PLC from $135.00 to $140.00. They now have an "equal weight" rating on the stock.MarketBeat
- Paychex EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Paychex, Inc. (NASDAQ: PAYX) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $148.00 price target on the stock.MarketBeat
- Paychex Inc (PAYX) Q2 2025 Earnings Call Highlights: Strong Revenue Growth and Strategic Innovations [Yahoo! Finance]Yahoo! Finance
PAYX
Earnings
- 12/19/24 - Beat
PAYX
Sec Filings
- 12/19/24 - Form 10-Q
- 12/19/24 - Form 8-K
- 12/4/24 - Form 4
- PAYX's page on the SEC website