Paychex Inc
PAYX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $xg | LOCK|j%%l | LOCK|zx$S?Z%R |
Paychex Embarks on New Chapter After Paycor Acquisition
Business Strategy and Outlook
Paychex is a leader in payroll and human capital management software in the United States. The company, which focuses on servicing small and medium-size businesses, generates revenue from three sources: management solutions, professional employer organization and insurance, and interest income on funds held for clients.
