Martin Mucci - Paychex Chairman

PAYX Stock  USD 122.52  0.90  0.74%   

Chairman

Mr. Martin Mucci is President, Chief Executive Officer, NonIndependent Director of the Company. Mr. Mucci has served as President and CEO of the Company since September 2010. Mr. Mucci joined the Company in 2002 as Senior Vice President, Operations. Prior to joining Paychex, he held senior level positions with Frontier Communications, a telecommunications company, including President of Telephone Operations and CEO of Frontier Telephone of Rochester, over the course of his 20year career since 2015.
Age 57
Tenure 9 years
Address 911 Panorama Trail South, Rochester, NY, United States, 14625-2396
Phone585 385 6666
Webhttps://www.paychex.com

Latest Insider Transactions

2023-07-14Disposed of 132851 shares @ 120.43View
Mucci was a member of the Board of Directors of Cbeyond, Inc. until it was purchased by Birch Communications in July 2014. He is a member of the Upstate New York Regional Advisory Board of the Federal Reserve Bank of New York and is a Trustee Emeritus of St. John Fisher College. The Board has concluded that Mr. Mucci is qualified to serve as a director of the Company because he provides daytoday leadership as the current President and CEO of Paychex, giving him extensive knowledge of the Company, its operations, challenges, and opportunities. In addition, Mr. Mucci’s educational background provides him with strong financial literacy.

Paychex Management Efficiency

The company has return on total asset (ROA) of 0.1135 % which means that it generated a profit of $0.1135 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4647 %, meaning that it created $0.4647 on every $100 dollars invested by stockholders. Paychex's management efficiency ratios could be used to measure how well Paychex manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.14 in 2024. Return On Capital Employed is likely to drop to 0.33 in 2024. At this time, Paychex's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 3.6 B in 2024, whereas Other Current Assets are likely to drop slightly above 316.6 M in 2024.
The company currently holds 865.7 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Paychex has a current ratio of 1.26, suggesting that it may have difficulties to pay its financial obligations when due. Debt can assist Paychex until it has trouble settling it off, either with new capital or with free cash flow. So, Paychex's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Paychex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Paychex to invest in growth at high rates of return. When we think about Paychex's use of debt, we should always consider it together with cash and equity.

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Paychex, Inc. provides integrated human capital management solutions for human resources , payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. The company was founded in 1971 and is headquartered in Rochester, New York. Paychex operates under Staffing Employment Services classification in the United States and is traded on NASDAQ Exchange. It employs 16000 people. Paychex (PAYX) is traded on NASDAQ Exchange in USA. It is located in 911 Panorama Trail South, Rochester, NY, United States, 14625-2396 and employs 16,000 people. Paychex is listed under Human Resource & Employment Services category by Fama And French industry classification.

Management Performance

Paychex Leadership Team

Elected by the shareholders, the Paychex's board of directors comprises two types of representatives: Paychex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Paychex. The board's role is to monitor Paychex's management team and ensure that shareholders' interests are well served. Paychex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Paychex's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dave Wilson, Vice Services
Christopher DeSalvo, VP Operations
Neal Collins, VP Acquisitions
Elizabeth Roaldsen, Senior Experience
David Flaschen, Independent Director
Mark Bottini, Sr. VP of Sales
Stephanie Schaeffer, Corporate Secretary
Terri Allen, Investor Relations
Joseph Doody, Independent Director
Martin Mucci, CEO and President Director and Chairman of Executive Committee
Joseph Velli, Independent Director
Robert Schrader, Vice President Controller
Pamela Joseph, Independent Director
John Gibson, Sr. VP of Service
Laurie Zaucha, Vice President - Human Resources and Organizational Development
Phillip Horsley, Independent Director
BThomas Golisano, Chairman of the Board
Kara Wilson, Director
Frank Fiorille, Compliance Risk
Grant Inman, Independent Director
Christopher Simmons, Controller, VP
Joseph Tucci, Independent Director
Efrain Rivera, CFO, Senior Vice President Treasurer
Michael Gioja, Sr. VP of Information Technology, Product Management and Devel.
LLM JD, VP Officer
Jennifer Vossler, Vice President Controller
Thomas Bonadio, Director
MBA DM, VP CFO

Paychex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Paychex a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Paychex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paychex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paychex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paychex Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paychex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.
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Is Paychex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paychex. If investors know Paychex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paychex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.07
Dividend Share
3.56
Earnings Share
4.58
Revenue Per Share
14.461
Quarterly Revenue Growth
0.042
The market value of Paychex is measured differently than its book value, which is the value of Paychex that is recorded on the company's balance sheet. Investors also form their own opinion of Paychex's value that differs from its market value or its book value, called intrinsic value, which is Paychex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paychex's market value can be influenced by many factors that don't directly affect Paychex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paychex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paychex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paychex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.