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PAYX Stock Chart & Stats
$124.99
$2.89(2.61%)
At close: 4:00 PM EDT
$124.99
$2.89(2.61%)
Day’s Range― - ―
52-Week Range$85.45 - $128.78
Previous CloseN/A
Volume2.74M
Average Volume (3M)3.32M
Market Cap
$39.74B
Enterprise Value$49.04B
Total Cash (Recent Filing)$934.20M
Total Debt (Recent Filing)$4.62B
Price to Earnings (P/E)22.1
Beta0.39
Next Earnings
Dec 17, 2026EPS Estimate
1.28Next Dividend Ex-DateN/A
Dividend Yield4.07%
Share Statistics
EPS (TTM)5.05
Shares Outstanding355,980,470
10 Day Avg. Volume2,872,583
30 Day Avg. Volume3,315,644
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 Cap1.23
Enterprise Value/Revenue7.43
Enterprise Value/Gross Profit9.98
Enterprise Value/Ebitda15.96
Forecast
1Y Price Target
$116.00Price Target Upside-7.19% Downside
Rating ConsensusHold
Number of Analyst Covering16
EPS Forecast (FY)5.96
Revenue Forecast (FY)$6.86B
Bulls Say, Bears Say
Bulls Say
Durable ProfitabilityConsistently high gross and net margins indicate a scalable service model with meaningful operating efficiency and pricing power. This profitability provides resilience through changing conditions while supporting continued investment, shareholder returns, and durable earnings generation over the next several quarters.
High-Quality Cash GenerationCash conversion near net income shows that reported earnings are supported by tangible operating cash rather than accounting gains. Strong recurring cash generation improves funding flexibility for product investment, acquisitions, dividends, and other capital allocation priorities.
PEO And HCM ExpansionGrowth in PEO, insurance, and related advisory services broadens Paychex beyond core payroll and increases revenue per client. High worksite-employee growth and record retention suggest stronger customer depth and a durable cross-selling opportunity within the HCM platform.
Bears Say
Higher LeverageThe recent step-up in leverage materially changes Paychex's balance-sheet profile from its previously low-debt position. Higher debt relative to equity can reduce financial flexibility, increase exposure to financing costs, and constrain the company's ability to absorb weaker growth or fund strategic initiatives.
Slowing Organic GrowthRecent top-line growth has slowed markedly from earlier periods, and management's outlook assumes no employment-driven expansion. This places greater reliance on pricing, product penetration, referrals, and PEO execution, making sustained acceleration more dependent on internal initiatives than broad market growth.
Health-Care Cost And Renewal RiskHealth-care inflation may encourage clients to shop for alternatives and can make PEO renewals more difficult. Uncertainty around upcoming enrollment periods and employee plan selections creates a structural risk to retention, insurance volumes, and revenue growth in the affected book of business.
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 $128.78 in the past 12 months.
What is Paychex’s market cap?
Paychex’s market cap is $39.74B.
When is Paychex’s upcoming earnings report date?
Paychex’s upcoming earnings report date is Dec 17, 2026 which is in 58 days.
How were Paychex’s earnings last quarter?
Paychex released its earnings results on Sep 23, 2026. The company reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.02.
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 4.07%. See more information on Paychex dividends here
What is Paychex’s EPS estimate?
Paychex’s EPS estimate is 1.28.
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 $1.34 in its last earnings report, beating expectations of $1.32. Following the earnings report the stock price went down -8.766%.
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
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$116.00 (-7.19% Downside)
$116.00 (-7.19% Downside)
Blogger Sentiment
Bullish
PAYX Sentiment 80%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 238.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $731.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days >0.1%
Last 30 Days ▲ 2.7%
Last 30 Days ▲ 2.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-7.86%
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.
PAYX Company Deck
PAYX 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 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
$116.00
▼(-7.19% Downside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
Ownership Overview
10.27% Insiders
24.14% Mutual Funds
1.58% Other Institutional Investors
31.79% Public Companies and
Individual Investors












