PAYX Stock Chart & Stats
$1990.00
$320.00(19.16%)
At close: 4:00 PM EDT
$1990.00
$320.00(19.16%)
Day’s Range― - ―
52-Week Range$1,588.71 - $2,744.00
Previous CloseN/A
Volume12.00
Average Volume (3M)1.00
Market Cap
$716.47B
Enterprise ValueN/A
Total Cash (Recent Filing)$1.18B
Total Debt (Recent Filing)$4.61B
Price to Earnings (P/E)24.2
Beta-0.18
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.91
Shares Outstanding355,682,860
10 Day Avg. Volume1
30 Day Avg. Volume1
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$1,892.62Price Target Upside-4.89% Downside
Rating ConsensusHold
Number of Analyst Covering12
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationConsistent, high-quality cash generation—operating cash flow roughly doubled over five years and FCF has run at ~90%+ of net income—provides durable funding for dividends, buybacks, M&A and debt reduction, supporting capital returns and financial flexibility through 2–6 months and beyond.
Durable Margins And ProfitabilityExpanded gross and operating margins reflect pricing power, scale and disciplined cost control across payroll and HCM services. High, stable margins translate into persistent earnings power and resilience to revenue cycles, underpinning sustained free cash flow and shareholder returns over the medium term.
Strategic Optionality From Paycor Synergies And WISE AIRealized Paycor synergies and an expanding AI platform create structural advantages: cost savings improve margin baseline while WISE and cross-sell capabilities increase product differentiation, retention and addressable market, enabling sustainable revenue mix expansion and margin leverage over coming quarters.
Bears Say
Guidance Implies Meaningful DecelerationManagement's FY27 guide signals a clear step-down in growth versus FY26, reflecting lapping gains and more selective client acquisition. Slower revenue growth reduces operating leverage and limits the pace at which Paychex can expand margins and redeploy cash into growth initiatives over the medium term.
Interest-on-funds Revenue ExposureA material portion of revenue and EPS is sensitive to interest income on client float. Forecasted declines in interest-on-funds create a structural headwind to topline and EBITDA unless offset by higher service revenue or cross-sell, making near-term earnings more dependent on non-interest growth execution.
Balance-sheet Debt Volatility And Comparability RiskA large, unexplained swing in reported debt complicates trend analysis and raises questions about temporary financing, timing of paydowns, or accounting shifts. This variability elevates refinancing and covenant risk perception and can limit confidence in leverage normalization and future capital-allocation plans.
PAYX FAQ
What was Paychex’s price range in the past 12 months?
Paychex lowest stock price was $1588.71 and its highest was $2744.00 in the past 12 months.
What is Paychex’s market cap?
Paychex’s market cap is $716.47B.
When is Paychex’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Paychex’s earnings last quarter?
Paychex released its earnings results on Jun 24, 2026. The company reported $23.013 earnings per share for the quarter, beating the consensus estimate of $22.751 by $0.262.
Is Paychex overvalued?
According to Wall Street analysts Paychex’s price is currently Overvalued.
Does Paychex pay dividends?
Paychex does not currently pay dividends.
What is Paychex’s EPS estimate?
Paychex’s EPS estimate for its next earnings report is not yet available.
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 $23.013 in its last earnings report, beating expectations of $22.751. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Paychex?
Currently, no hedge funds are holding shares in MX: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
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10
Analyst Consensus
Hold
Average Price Target:
$1,892.62 (-4.89% Downside)
$1,892.62 (-4.89% Downside)
Blogger Sentiment
Bullish
MX:PAYX Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $20.2M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-19.36%
12-Months-Change
Fundamentals
Return on Equity
3.82%
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 MX: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
$1,892.62
▼(-4.89% Downside)
Technical Analysis
1 Day
3 Days
1 Week
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