Paychex Trading Volume Surges 43.83% to $344 Million, Ranks 221st in Daily Volume

On June 18, 2025, Paychex (PAYX) saw a trading volume of $344 million, marking a 43.83% increase from the previous day. This surge placed Paychex at the 221st position in terms of trading volume for the day. However, the stock price experienced a decline of 1.46%, marking the second consecutive day of losses, with a total decrease of 2.21% over the past two days.

Paychex is scheduled to release its quarterly earnings report for the period ending May 2025. Analysts anticipate that the company will report higher revenues and a year-over-year increase in earnings. The consensus estimate for the quarter is earnings of $1.20 per share and revenue of $1.38 billion.

JPMorgan has revised its price target for Paychex to $148, while Bank of America has adjusted its target to $150.03. These revisions come ahead of the company's upcoming earnings release, reflecting the analysts' expectations for the company's performance.

William Blair has issued a negative forecast for Paychex's earnings, citing concerns about the company's financial health. Despite this, Paychex has a strong balance sheet with a quick ratio of 1.39, indicating its ability to cover short-term obligations.