Want to see PAYX full AI Analyst Report?
PAYX Stock Chart & Stats
$113.55
$2.89(2.61%)
At close: 4:00 PM EDT
$113.55
$2.89(2.61%)
Day’s Range― - ―
52-Week Range$85.45 - $141.19
Previous CloseN/A
Volume2.74M
Average Volume (3M)3.49M
Market Cap
$42.66B
Enterprise Value$38.19K
Total Cash (Recent Filing)$1.18B
Total Debt (Recent Filing)$4.63B
Price to Earnings (P/E)24.9
Beta0.46
Next Earnings
Sep 30, 2026EPS Estimate
1.32Next Dividend Ex-DateN/A
Dividend Yield3.71%
Share Statistics
EPS (TTM)4.91
Shares Outstanding355,682,860
10 Day Avg. Volume3,054,605
30 Day Avg. Volume3,489,895
Financial Highlights & Ratios
PEG Ratio3.21
Price to Book (P/B)9.84
Price to Sales (P/S)5.65
P/FCF Ratio15.84
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$111.27Price Target Upside-2.01% Downside
Rating ConsensusHold
Number of Analyst Covering13
EPS Forecast (FY)5.97
Revenue Forecast (FY)$6.86B
Bulls Say, Bears Say
Bulls Say
Recurring HCM Revenue ModelRecurring payroll, HR, benefits and workforce-management fees support predictable revenue and client retention. Paychex can deepen relationships by cross-selling additional modules, increasing revenue per client and making the model more resilient.
Strong Margins And Cash GenerationHigh cash conversion and expanding margins provide financial flexibility for dividends, buybacks, product investment and debt reduction. This supports durable shareholder returns while funding technology and integration priorities.
AI And Paycor Integration Enhance DifferentiationWISE can improve client productivity and strengthen Paychex's HCM value proposition, while Paycor synergies validate integration execution. Together, they support cross-selling, operating leverage and longer-term competitive differentiation.
Bears Say
Fiscal 2027 Growth DecelerationThe sharp moderation in expected growth indicates that recent acquisition, pricing and demand benefits may not repeat at the same pace. Slower expansion could limit operating leverage and make future performance more dependent on cross-selling.
Declining Interest IncomeInterest income is an important earnings contributor but depends on client-fund balances and rates outside Paychex's control. Lower expected income creates a structural headwind to growth and reduces the benefit of otherwise strong operating execution.
Leverage And Integration ComplexityAlthough leverage has improved, substantial borrowings can constrain flexibility if integration costs or execution issues rise. Territory, brand and organizational changes also create ongoing operational complexity that could delay synergies or pressure margins.
PAYX FAQ
What was Paychex’s price range in the past 12 months?
Paychex lowest stock price was $85.45 and its highest was $141.19 in the past 12 months.
What is Paychex’s market cap?
Paychex’s market cap is $42.66B.
When is Paychex’s upcoming earnings report date?
Paychex’s upcoming earnings report date is Sep 30, 2026 which is in 41 days.
How were Paychex’s earnings last quarter?
Paychex released its earnings results on Jun 24, 2026. The company reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.305 by $0.015.
Is Paychex overvalued?
According to Wall Street analysts Paychex’s price is currently Overvalued.
Does Paychex pay dividends?
Paychex pays a Quarterly dividend of $1.19 which represents an annual dividend yield of 3.71%. See more information on Paychex dividends here
What is Paychex’s EPS estimate?
Paychex’s EPS estimate is 1.32.
How many shares outstanding does Paychex have?
Paychex has 355,682,860 shares outstanding.
What happened to Paychex’s price movement after its last earnings report?
Paychex reported an EPS of $1.32 in its last earnings report, beating expectations of $1.305. Following the earnings report the stock price went down -1.725%.
Which hedge fund is a major shareholder of Paychex?
Currently, no hedge funds are holding shares in PAYX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Paychex Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$111.27 (-2.01% Downside)
$111.27 (-2.01% Downside)
Blogger Sentiment
Bullish
PAYX Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 470.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-19.36%
12-Months-Change
Fundamentals
Return on Equity
3.71%
Trailing 12-Months
Asset Growth
-2.35%
Trailing 12-Months
Company Description
Paychex
Founded in 1971 and headquartered in Rochester, New York, Paychex, Inc. delivers comprehensive human capital management (HCM) solutions. The company primarily serves small to medium-sized enterprises (SMEs) across the United States, Europe, and India, addressing their needs in human resources, payroll administration, employee benefits, and insurance. Its diverse service portfolio includes: Payroll Management: Encompassing core payroll processing, payroll tax administration, employee payment facilitation, and ensuring compliance with regulations like new-hire reporting and garnishment processing. Human Resources Solutions: Providing support for employer compliance, HR and employee benefits administration, risk management outsourcing, and even the availability of professionally trained on-site HR representatives. Retirement Services: Offering full administration for retirement plans, which covers implementation, ongoing adherence to government regulations, reporting for both participants and employers, online access capabilities, electronic funds transfers, and other administrative tasks. Cloud-based HR Software: A suite of software products designed for efficient HR administration, including tools for benefits management, time and attendance tracking, digital communication, recruitment, and onboarding processes. Additional Business Services: This category features plan administration outsourcing, state unemployment insurance services, and various support functions for SMBs such as payroll funding and outsourcing (including payroll processing, invoicing, and tax preparation), payment processing solutions, financial wellness programs, and a resource center for small business loans. Insurance Offerings: Providing both property and casualty coverage, which includes workers' compensation, business-owner policies, cybersecurity protection, and commercial auto insurance, alongside health and benefits coverage like medical, dental, vision, and life insurance. Paychex primarily distributes its services through its dedicated direct sales team.
PAYX Company Deck
PAYX Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational execution and financial performance in fiscal 2026 — double-digit revenue and earnings growth, margin expansion, exceptional cash generation, successful Paycor integration with >$100M in cost synergies, and early commercial traction for the WISE AI platform and advisory offerings. Management tempered optimism with conservative fiscal 2027 guidance (5%–6% revenue growth) reflecting lower interest income, the lapping of one-time gains, and an intentional, selective approach to client acquisition. While there are near-term headwinds (interest float decline, insurance agency drag, flat client counts) and ongoing integration/legal complexity, the balance of evidence — robust cash flow, shareholder returns, improving organic momentum, and AI-enabled product differentiation — points to continued durable performance and strategic optionality.View all PAYX earnings summariesPAYX Revenue Breakdown
74.75% Management Solutions
22.01% PEO and Insurance Solutions
3.24% Interest on funds held for clients

PAYX Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$111.27
▼(-2.01% Downside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
10.29% Insiders
24.16% Mutual Funds
6.88% Other Institutional Investors
26.01% Public Companies and
Individual Investors













