Paychex(US:PAYX) Benzinga·2025-12-19 18:01Group 1: Company Overview - Paychex is a technology company that provides human capital management solutions, focusing on payroll, talent, time, tax, and benefits administration [11] - The company has a diverse product offering, with traditional cloud-based payroll and HCM software accounting for nearly half of total revenue [11] - In fiscal 2025, Paychex served 800,000 clients and nearly 2.5 million worksite employees through its administrative service organization and professional employer organization [11] Group 2: Current Market Analysis - Recent options activity indicates a bearish sentiment among traders, with 60% showing bearish tendencies and only 30% bullish [1] - The major market movers are focusing on a price band between $110.0 and $115.0 for Paychex over the last three months [2] - The current trading volume for Paychex is 3,386,869, with the stock price down by 0.15% to $114.07 [16] Group 3: Analyst Ratings and Price Targets - Analysts have set an average price target of $119.0 for Paychex, with individual targets ranging from $114 to $126 [13][14] - Wells Fargo maintains an Underweight rating with a price target of $116, while BMO Capital holds a Market Perform rating with a target of $121 [14] - Stifel and Jefferies both maintain Hold ratings, targeting prices of $126 and $118 respectively [14]