3. As of noon trading, Paychex ( PAYX) is down $0.17 (-0.5%) to $34.22 on light volume Thus far, 911,745 shares of Paychex exchanged hands as compared to its average daily volume of 2.7 million shares. The stock has ranged in price between $33.99-$34.29 after having opened the day at $34.29 as compared to the previous trading day's close of $34.39.

Paychex, Inc., together with its subsidiaries, provides payroll, human resource, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. Paychex has a market cap of $12.3 billion and is part of the services sector. The company has a P/E ratio of 21.9, above the S&P 500 P/E ratio of 17.7. Shares are up 9.0% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Paychex a buy, 4 analysts rate it a sell, and 18 rate it a hold.

TheStreet Ratings rates Paychex as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Paychex Ratings Report now.

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