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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 - $148.11
Previous CloseN/A
Volume510.46K
Average Volume (3M)3.48M
Market Cap
$40.68B
Enterprise Value$38.19K
Total Cash (Recent Filing)$1.18B
Total Debt (Recent Filing)$4.61B
Price to Earnings (P/E)23.3
Beta0.40
Next Earnings
Sep 30, 2026EPS Estimate
1.32Next Dividend Ex-DateN/A
Dividend Yield3.7%
Share Statistics
EPS (TTM)4.91
Shares Outstanding355,600,000
10 Day Avg. Volume2,892,376
30 Day Avg. Volume3,484,957
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
$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
Cash GenerationConsistent high cash conversion and rising operating cash flow provide durable internal funding for dividends, buybacks, M&A and reinvestment. With free cash flow near 90% of net income and FCF of ~$2.3B, Paychex has structural flexibility to sustain shareholder returns and invest in growth initiatives.
Margin DurabilitySustained, high operating margins reflect pricing power and scalable service economics across payroll and HCM offerings. Durable margins support reinvestment in product development and sales, underpin free cash flow generation, and give room for selective client acquisition without sacrificing profitability.
Scale & Product DifferentiationExecution of Paycor integration and >$100M synergies plus rollout of WISE AI (hundreds of features) materially increase scale, automation and product differentiation. These structural improvements enhance cross-sell, raise switching costs, and expand addressable market sustainably over the medium term.
Bears Say
Guidance SlowdownManagement's FY27 revenue guide marks a meaningful deceleration from FY26's double-digit growth, reflecting normalization after acquisition tailwinds. Slower top-line expansion limits operating leverage potential, raises execution risk on cross-sell initiatives, and extends the timeline for meaningful organic growth acceleration.
Interest-on-funds SensitivityInterest income on client float is structurally sensitive to Fed policy and portfolio timing; an expected decline reduces a relatively stable non-service revenue stream. Persistently lower float income would compress overall revenue diversification and force greater reliance on service fees and cross-sell to sustain growth and margins.
Debt Volatility & Leverage UncertaintyAn unusually large year-over-year debt swing creates comparability and normalization uncertainty. Despite strong cash flow, meaningful outstanding borrowings (~$4.6B noted in the quarter) and balance-sheet volatility can complicate forecasting, constrain strategic flexibility, and elevate refinancing or covenant risks under adverse conditions.
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 $148.11 in the past 12 months.
What is Paychex’s market cap?
Paychex’s market cap is $40.68B.
When is Paychex’s upcoming earnings report date?
Paychex’s upcoming earnings report date is Sep 30, 2026 which is in 72 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 355,600,000 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
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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 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 470.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $857.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.8%
Last 30 Days ▲ 11.6%
Last 30 Days ▲ 11.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-16.88%
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 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
Average Price Target
$105.00
▲(14.18% Upside)
Technical Analysis
Ownership Overview
10.28% Insiders
24.17% Mutual Funds
1.04% Other Institutional Investors
32.63% Public Companies and Individual Investors