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January jobs report will be released on February 11 after shutdown delay
CNBC· 2026-02-04 17:09
A 'help wanted' advertisement is displayed in Manhattan on Jan. 9, 2026, in New York City.The January jobs report delayed by the brief government shutdown will be released next week, the Bureau of Labor Statistics said Wednesday.The closely watched report now will come out Feb. 11, five days later than its original release date, according to a revised schedule.In addition, the BLS will release the Job Openings and Labor Turnover Survey on Thursday, after it originally had been scheduled for Tuesday. There a ...
Paychex, Inc. (NASDAQ: PAYX) Overview and Analyst Insights
Financial Modeling Prep· 2025-09-30 15:00
Core Viewpoint - Paychex, Inc. is a leading provider of human capital management solutions, focusing on small and medium-sized businesses, with a competitive landscape that includes major players like ADP [1] Group 1: Price Target and Analyst Sentiment - The consensus price target for Paychex has decreased from $150.86 to $140, indicating a cautious outlook from analysts [2][6] - Citigroup analyst Peter Christiansen has set a higher price target of $145, reflecting some optimism ahead of the earnings report [2][6] Group 2: Earnings Expectations - Paychex is expected to report a 16.6% year-over-year revenue increase in its upcoming first-quarter earnings, driven by strong performance across its segments and contributions from Paycor [3][6] - Some analysts, including CNBC's Jim Cramer, suggest that Paychex may lack the ideal factors for an earnings beat [3] Group 3: Employment Trends - The Paychex Small Business Employment Watch indicates stable job growth among U.S. small businesses, with a slight increase in the Small Business Jobs Index [4][6] - Despite stable job growth, hourly earnings for small business workers have remained below expectations, reflecting broader economic conditions [4][6] Group 4: Stock Performance and Market Indicators - Since the last earnings report, Paychex's stock has increased by 3.8%, with a positive outlook supported by Citigroup's price target of $145 [5][6] - Investors are closely monitoring the upcoming earnings release and other economic indicators, such as the nonfarm payroll report, to gauge future performance [5]