PCX Stock Chart & Stats
€108.94
€1.62(1.62%)
At close: 4:00 PM EDT
€108.94
€1.62(1.62%)
Day’s Range― - ―
52-Week Range€73.63 - €125.00
Previous CloseN/A
Volume171.00
Average Volume (3M)109.00
Market Cap
€35.62B
Enterprise Value€49.04B
Total Cash (Recent Filing)€934.20M
Total Debt (Recent Filing)€4.62B
Price to Earnings (P/E)22.2
Beta0.19
Next Earnings
Dec 17, 2026EPS Estimate
1.14Next Dividend Ex-DateN/A
Dividend Yield3.99%
Share Statistics
EPS (TTM)5.05
Shares Outstanding355,980,470
10 Day Avg. Volume89
30 Day Avg. Volume109
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
€103.86Price Target Upside-4.66% Downside
Rating ConsensusHold
Number of Analyst Covering16
EPS Forecast (FY)5.31
Revenue Forecast (FY)€6.11B
Bulls Say, Bears Say
Bulls Say
Durable Profitability And Cash GenerationConsistently high margins demonstrate strong operating economics, while free cash flow closely matching net income indicates quality earnings and dependable cash conversion. Together, these characteristics support ongoing investment, shareholder returns, and resilience across the next several quarters.
PEO Growth And Client RetentionStrong PEO employee growth combined with record retention strengthens recurring revenue visibility and client lifetime value. Continued adoption of PEO services also creates opportunities to expand Paychex's relationship with existing ASO clients and deepen its position in outsourced workforce administration.
Product Innovation And AutomationBroad AI deployment and measurable payroll-error prevention can improve service quality, operating efficiency, and product differentiation over time. These capabilities may strengthen Paychex's value proposition for SMB customers while supporting automation across its recurring HCM platform.
Bears Say
Material Increase In LeverageThe sharp increase in debt relative to equity represents a meaningful deterioration from Paychex's earlier balance-sheet profile. Although profitability remains strong, higher leverage can reduce financial flexibility, increase financing exposure, and constrain future capital allocation during weaker conditions.
Slowing Underlying Revenue GrowthRecent growth has slowed materially from the company's historical pattern, and the outlook points to moderate rather than accelerating expansion. A slower top line can limit operating leverage, make cross-selling execution more important, and place greater pressure on PEO and ancillary offerings to drive growth.
Employment And Healthcare-related Growth ConstraintsFlat employment reduces the natural expansion of payroll and HCM volumes, while healthcare cost inflation and renewal uncertainty may pressure PEO economics and client choices. These factors could restrain organic growth and make benefits-related revenue less predictable over the coming quarters.
Paychex News
PCX FAQ
What was Paychex’s price range in the past 12 months?
Paychex lowest stock price was €73.63 and its highest was €125.00 in the past 12 months.
What is Paychex’s market cap?
Paychex’s market cap is €35.62B.
When is Paychex’s upcoming earnings report date?
Paychex’s upcoming earnings report date is Dec 17, 2026 which is in 46 days.
How were Paychex’s earnings last quarter?
Paychex released its earnings results on Sep 23, 2026. The company reported €1.196 earnings per share for the quarter, beating the consensus estimate of €1.178 by €0.018.
Is Paychex overvalued?
According to Wall Street analysts Paychex’s price is currently Overvalued.
Does Paychex pay dividends?
Paychex pays a Quarterly dividend of €1.066 which represents an annual dividend yield of 3.99%. See more information on Paychex dividends here
What is Paychex’s EPS estimate?
Paychex’s EPS estimate is 1.14.
How many shares outstanding does Paychex have?
Paychex has 355,980,470 shares outstanding.
What happened to Paychex’s price movement after its last earnings report?
Paychex reported an EPS of €1.196 in its last earnings report, beating expectations of €1.178. Following the earnings report the stock price went down -6.095%.
Which hedge fund is a major shareholder of Paychex?
Currently, no hedge funds are holding shares in DE:PCX
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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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
€103.86 (-4.66% Downside)
€103.86 (-4.66% Downside)
Blogger Sentiment
Bullish
DE:PCX Sentiment 80%
Sector Average 64%
Sector Average 64%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.87%
12-Months-Change
Fundamentals
Return on Equity
47.11%
Trailing 12-Months
Asset Growth
-6.02%
Trailing 12-Months
Learn more about TipRanks Smart Score
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.
PCX Company Deck
PCX Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call was strongly positive. Paychex reported solid revenue, earnings and margin growth; raised PEO and Insurance Solutions guidance; achieved record PEO retention; and described strong momentum in advisory solutions, bookings, referrals, AI deployment and revenue synergies. The main cautions were a Management Solutions result slightly below expectations due to the favorable mix shift into PEO, a difficult second-quarter comparison, flat employment levels, health-care renewal uncertainty and continued heavy AI investment. Management remained confident in the strategy and full-year outlook.View all DE:PCX earnings summariesPCX Revenue Breakdown
74.75% Management Solutions
22.01% PEO and Insurance Solutions
3.24% Interest on funds held for clients

PCX Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
€103.86
▼(-4.66% Downside)
Technical Analysis
1 Day
3 Days
1 Week
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