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PAYX Stock Chart & Stats
$91.96
$0.43(0.31%)
At close: 4:00 PM EST
$91.96
$0.43(0.31%)
Day’s Range― - ―
52-Week Range$85.45 - $152.57
Previous CloseN/A
Volume510.46K
Average Volume (3M)3.29M
Market Cap
$35.23B
Enterprise Value$38.18B
Total Cash (Recent Filing)$1.18B
Total Debt (Recent Filing)$4.61B
Price to Earnings (P/E)20.1
Beta0.41
Next Earnings
Sep 30, 2026EPS Estimate
1.32Next Dividend Ex-DateN/A
Dividend Yield3.7%
Share Statistics
EPS (TTM)4.91
Shares Outstanding358,290,900
10 Day Avg. Volume3,547,859
30 Day Avg. Volume3,286,916
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 Cap1.08
Enterprise Value/Revenue5.86
Enterprise Value/Gross Profit7.89
Enterprise Value/Ebitda12.69
Forecast
1Y Price Target
$105.00Price Target Upside14.18% Upside
Rating ConsensusHold
Number of Analyst Covering12
EPS Forecast (FY)5.97
Revenue Forecast (FY)$6.86B
Bulls Say, Bears Say
Bulls Say
Recurring HCM Service ModelPaychex’s core payroll and HCM services generate recurring, per-employee fees with high margins and steady revenue growth. This subscription-like cash flow supports predictable earnings, strong retention and effective cross-sell, sustaining durable revenue and margin profile over cycles.
Exceptional Cash GenerationHigh and consistent free cash flow provides flexibility to fund buybacks, dividends, M&A and technology investment without weakening operations. Strong cash conversion reduces reliance on external financing and supports capital allocation that preserves long-term shareholder returns and balance-sheet resilience.
M&A Synergies And AI DifferentiationSuccessful Paycor integration and >$100M synergies demonstrate scalable M&A value and faster upmarket expansion. Concurrently, the WISE AI platform embeds differentiated product features that improve client productivity and retention, expanding addressable market and enabling structural cross-sell opportunities.
Bears Say
Guidance Growth SlowdownManagement’s FY27 guide implies a material deceleration vs. FY26’s double-digit growth, reducing near-term operating leverage. Slower top-line expansion can limit margin expansion and constrain reinvestment or faster debt reduction, affecting multi-quarter earnings momentum and strategic optionality.
Interest-on-funds SensitivityInterest income on client funds is a meaningful, rate-sensitive revenue component. Lower expected interest-on-funds due to rate moves and lapping one-time gains creates a persistent headwind to revenue and EPS while rates remain unfavorable, reducing cash profitability independent of service demand.
Leverage Variability & Integration RiskAbsolute debt levels and uneven leverage across periods constrain financial flexibility despite recent reductions. Large borrowings plus ongoing Paycor reorganization create multi-quarter operational and execution risk, potentially limiting aggressive share repurchases or rapid debt paydown during stress periods.
Paychex News
PAYX FAQ
What was Paychex’s price range in the past 12 months?
Paychex lowest stock price was $85.45 and its highest was $152.57 in the past 12 months.
What is Paychex’s market cap?
Paychex’s market cap is $35.23B.
When is Paychex’s upcoming earnings report date?
Paychex’s upcoming earnings report date is Sep 30, 2026 which is in 91 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 Undervalued.
Does Paychex pay dividends?
Paychex pays a Quarterly dividend of $1.19 which represents an annual dividend yield of 3.7%. 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 358,290,900 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
Outperform
1
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4
5
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7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$105.00 (14.18% Upside)
$105.00 (14.18% Upside)
Blogger Sentiment
Bullish
PAYX Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 470.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $425.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days >0.1%
Last 30 Days ▲ 17.4%
Last 30 Days ▲ 17.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-29.62%
12-Months-Change
Fundamentals
Return on Equity
40.94%
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
73.00% Management Solutions
24.10% PEO and Insurance Solutions
2.90% Interest on funds held for clients

PAYX Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
$105.00
▲(14.18% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
10.21% Insiders
23.99% Mutual Funds
21.97% Other Institutional Investors
12.05% Public Companies and Individual Investors











