4. As of noon trading, Paychex ( PAYX) is down $0.19 (-0.5%) to $38.46 on average volume Thus far, 1.1 million shares of Paychex exchanged hands as compared to its average daily volume of 2.5 million shares. The stock has ranged in price between $38.34-$38.58 after having opened the day at $38.54 as compared to the previous trading day's close of $38.65.

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 $13.9 billion and is part of the services sector. The company has a P/E ratio of 24.5, above the S&P 500 P/E ratio of 17.7. Shares are up 22.8% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Paychex as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full Paychex Ratings Report now.

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