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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Paychex    PAYX

PAYCHEX (PAYX)
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Delayed Quote. Delayed  - 09/25 10:00:00 pm
73.72 USD   -1.10%
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Paychex : Now a 'Top 20' Insurance Agency in the U.S.

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07/12/2018 | 07:56pm CEST

By a News Reporter-Staff News Editor at Insurance Weekly News -- Paychex Insurance Agency, Inc., a wholly owned subsidiary of Paychex, Inc., ranked number 20 on Business Insurance magazine's 2018 list of the Top 100 Brokers of U.S. Business, up one spot from its number 21 ranking in 2017. In the agency's eighth appearance on the list, it once again ranks as one of the fastest-growing firms in the nation. Business Insurance, the leading trade magazine for the commercial insurance industry, annually ranks agents and brokers based on revenues generated by U.S.-based clients.

"We are honored to again be recognized among the most respected insurance firms in the U.S., and we are particularly proud to earn the distinction of being a 'top 20' agency," said Sally Prather, Paychex vice president of insurance services. "This achievement is a reflection of our best-in-class agents who continue to deliver customized solutions to meet the evolving needs of business owners and their employees. It's also a testament to our unique business model and ability to deliver value to our clients through an integration of insurance and payroll data that is unrivaled in the marketplace."

Keywords for this news article include: Business, Paychex Inc.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2018, NewsRx LLC

(c) 2018 NewsRx LLC, source Business Newsletters

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Financials ($)
Sales 2019 3 600 M
EBIT 2019 1 345 M
Net income 2019 1 033 M
Finance 2019 635 M
Yield 2019 3,06%
P/E ratio 2019 25,89
P/E ratio 2020 24,03
EV / Sales 2019 7,19x
EV / Sales 2020 6,76x
Capitalization 26 517 M
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Mean consensus HOLD
Number of Analysts 18
Average target price 69,4 $
Spread / Average Target -5,9%
EPS Revisions
Managers
NameTitle
Martin Mucci President, Chief Executive Officer & Director
Blase Thomas Golisano Chairman
Efrain Rivera Chief Financial Officer, Treasurer & Senior VP
Michael E. Gioja SVP-Information Technology & Product Development
Grant M. Inman Independent Director
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