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PAYX Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
109.730
Open
107.460
VWAP
108.44
Vol
2.88M
Mkt Cap
38.45B
Low
107.460
Amount
312.71M
EV/EBITDA(TTM)
13.57
Total Shares
355.60M
EV
40.91B
EV/OCF(TTM)
16.00
P/S(TTM)
5.83
Paychex, Inc. is a human capital management (HCM) company. The Company is engaged in delivering a full suite of technology and advisory solutions in human resources, employee benefit solutions, insurance, and payroll for clients and their employees in the United States and parts of Europe. It offers integrated HCM solutions covering the employee life cycle for businesses and their employees. It supports its clients through its proprietary Paychex Flex platform, Paycor and the Company's SurePayroll software as a service (SaaS)-based solution. Its services include payroll services, time and attendance, employee benefits, human resources (HR), professional employer organization, talent management, business insurance, and payment processing. Its talent management includes recruiting, hiring and onboarding, performance management, learning and development, compensation management, employee engagement and recognition, employee benefits, among others.
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Events Timeline

(ET)
2026-06-24
16:30:00
Major Averages Mixed as Tech Stocks Face Pressure
select
2026-06-24
12:30:00
Markets Rebound, Nasdaq Up 0.75%
select
2026-06-24
09:00:00
Company Reports Q4 Revenue of $1.61B
select
2026-06-24
09:00:00
Sees FY27 Revenue Up 5%-6%
select
2026-06-23 (ET)
2026-06-23
14:30:00
Paychex, Novagold, Daktronics Earnings Preview Before Tomorrow's Open
select

News

Yahoo Finance
9.5
07-01Yahoo Finance
Paychex Reports Q4 and FY2026 Results, Exceeding Expectations
  • Earnings Highlights: Paychex reported adjusted earnings per share of $1.32 for Q4 FY2026, surpassing the market expectation of $1.31, indicating robust profitability growth for the company.
  • Revenue Growth: The company achieved revenue of $1.61 billion in Q4, slightly exceeding the projected $1.60 billion, reflecting strong performance in the human capital management sector for small to medium-sized businesses.
  • AI Platform Launch: Paychex introduced its WISE AI-based analytics platform aimed at enhancing operational efficiency for clients, demonstrating the company's ongoing commitment to technological innovation and keen insight into future market demands.
  • Analyst Rating: Stifel maintained a Hold rating on Paychex on June 17 while raising the price target from $105 to $110, reflecting confidence in mid-single-digit revenue growth for FY2027.
CNBC
8.5
07-01CNBC
Market Trends and Company Outlook
  • Meta Cloud Business Plan: Meta shares surged over 7% this morning after reports emerged that the social media giant plans to build a cloud business to sell excess AI compute capacity, which not only allows the company to profit from AI investments but also potentially opens new revenue streams.
  • Micron Long-Term Agreements Outlook: Micron CEO Sanjay Mehrotra indicated that more long-term supply agreements are expected, with 16 currently in place; as memory chip prices soar and supply tightens, this will provide greater market visibility and confidence for Micron's future plans.
  • Nike's Underwhelming Quarter: Nike's quarterly results were uninspiring, showing slight improvement over the previous two quarters but not enough to anticipate a major turnaround, reflecting analysts' cautious sentiment regarding the brand's future performance.
  • QXO Acquires TopBuild: QXO has completed its acquisition of TopBuild, enhancing its position in the building products distribution market, with expectations to become number one in insulation and waterproofing in North America, showcasing the company's strong expansion potential in the construction sector.
Newsfilter
7.5
06-30Newsfilter
U.S. Small Business Job Growth Continues to Improve
  • Job Growth Trend: The Paychex Small Business Jobs Index indicates that U.S. small business job growth improved for the fourth consecutive month in June 2026, reaching an index level of 99.83, the highest since August 2025, demonstrating resilience and steady demand for labor among small businesses.
  • Regional Performance: The West region saw a 1.22 percentage point increase in job growth, while the Leisure & Hospitality sector surged by 1.68 percentage points, driving the overall jobs index up and reflecting sustained demand for labor across various industries.
  • Slow Wage Growth: Despite the positive employment trends, hourly earnings growth for U.S. workers remains below 3%, currently at 2.80%, indicating that while small businesses are actively hiring, there is still pressure on wage increases.
  • State-Level Performance: Indiana reclaimed the top position for small business employment growth with an index of 101.46, while California's jobs index gained over two percentage points in the past quarter, surpassing 100 for the first time since March 2024, signaling positive economic recovery in the state.
Yahoo Finance
9.5
06-24Yahoo Finance
Paychex Reports Double-Digit Revenue and Earnings Growth in Q4
  • Significant Revenue Growth: Paychex reported a 12% increase in total revenue for Q4 2026, reaching $1.6 billion, with Management Solutions revenue growing 14% to $1.2 billion, indicating strong market performance and sustained client demand.
  • Enhanced Profitability: Diluted earnings per share surged 43% to $1.17 in Q4, while adjusted diluted EPS rose 11% to $1.32, reflecting successful cost control and operational efficiency, which further bolsters investor confidence.
  • Strong Cash Flow: Free cash flow for FY 2026 increased by 36% to $2.3 billion, with operating cash flow rising 35% to $2.6 billion, providing robust support for future investments and shareholder returns, showcasing the company's solid financial health.
  • Optimistic Future Outlook: The company anticipates total revenue growth of 5% to 6% for FY 2027, with an expected adjusted operating income margin of approximately 44%, demonstrating Paychex's confidence in ongoing innovation and market expansion, particularly driven by the AI technology Wise.
seekingalpha
9.5
06-24seekingalpha
Paychex Q4 Fiscal 2026 Earnings Call Highlights
  • Strong Financial Performance: Paychex reported total revenue of $1.6 billion in Q4 fiscal 2026, reflecting a 12% year-over-year increase, with Management Solutions revenue reaching $1.2 billion, up 14%, showcasing the company's robust competitive position in the market.
  • PEO Business Growth: The PEO segment achieved high single-digit growth in both the quarter and the full year, with employee counts consistently outpacing industry averages, indicating that this segment remains a key growth driver and enhances market positioning.
  • AI Capability Enhancement: The newly launched WISE intelligence engine supports approximately 600 AI features, leveraging over 26 trillion data points, which is expected to further drive revenue growth and improve customer service efficiency.
  • Cost Synergy Success: Following the Paycor acquisition, Paychex exceeded its fiscal year '26 synergy targets, realizing over $100 million in cost savings, demonstrating the company's success in integration and market share expansion.
seekingalpha
9.5
06-24seekingalpha
Paychex Q4 Earnings Meet Expectations, Stock Drops
  • Earnings Performance: Paychex reported Q4 adjusted EPS of $1.32, slightly above the analyst estimate of $1.31, reflecting an 11% year-over-year growth that indicates strong revenue and earnings performance.
  • Revenue Growth: The total revenue for Q4 was $1.61 billion, in line with expectations and representing a 12% year-over-year increase, showcasing the company's ongoing growth in management solutions and insurance services.
  • Expenses Exceed Expectations: Selling, general, and administrative expenses reached $583.5 million, surpassing the analyst consensus of $551.3 million, although this figure represents a 3% decline from the previous year, which may impact future profitability.
  • Future Outlook: The company anticipates FY2027 adjusted EPS growth of 7%-9% and revenue growth of 5%-6%, indicating signs of slowing growth post-Pacor integration, which could affect investor confidence.
Wall Street analysts forecast PAYX stock price to rise
12 Analyst Rating
Wall Street analysts forecast PAYX stock price to rise
0 Buy
10 Hold
2 Sell
Hold
Current: 0.000
sliders
Low
110.00
Averages
120.55
High
126.00
Current: 0.000
sliders
Low
110.00
Averages
120.55
High
126.00
Morgan Stanley
Equal Weight
maintain
$107 -> $109
AI Analysis
2026-06-30
Reason
Morgan Stanley
Price Target
$107 -> $109
AI Analysis
2026-06-30
maintain
Equal Weight
Reason
Morgan Stanley raised the firm's price target on Paychex to $109 from $107 and keeps an Equal Weight rating on the shares. The firm came away from fiscal Q4 results with more confidence that the FY27 setup is "less noisy than FY26," the analyst tells investors.
UBS
Kevin McVeigh
Neutral
downgrade
$100 -> $98
2026-06-25
Reason
UBS
Kevin McVeigh
Price Target
$100 -> $98
2026-06-25
downgrade
Neutral
Reason
UBS analyst Kevin McVeigh lowered the firm's price target on Paychex to $98 from $100 and keeps a Neutral rating on the shares. Revenue growth remains a focus for 2027, the analyst tells investors in a research note.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for PAYX
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Valuation Metrics

The current forward P/E ratio for Paychex Inc (PAYX.O) is 17.18, compared to its 5-year average forward P/E of 26.15. For a more detailed relative valuation and DCF analysis to assess Paychex Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
26.15
Current PE
17.18
Overvalued PE
30.86
Undervalued PE
21.43

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
17.97
Current EV/EBITDA
12.73
Overvalued EV/EBITDA
20.95
Undervalued EV/EBITDA
14.99

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
8.07
Current PS
5.18
Overvalued PS
9.41
Undervalued PS
6.73

Financials

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Whales Holding PAYX

I
Inspire Investing, LLC
Holding
PAYX
+16.46%
3M Return
O
Oak Associates, ltd.
Holding
PAYX
+13.59%
3M Return
D
Disciplined Growth Investors, Inc.
Holding
PAYX
+12.27%
3M Return
L
Landscape Capital Management, LLC
Holding
PAYX
+12.24%
3M Return
T
The Investment House LLC
Holding
PAYX
+11.91%
3M Return
S
Susquehanna Fundamental Investments, LLC
Holding
PAYX
+11.85%
3M Return

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Frequently Asked Questions

What is Paychex Inc (PAYX) stock price today?

The current price of PAYX is 108.12 USD — it has increased 2.59

What is Paychex Inc (PAYX)'s business?

Paychex, Inc. is a human capital management (HCM) company. The Company is engaged in delivering a full suite of technology and advisory solutions in human resources, employee benefit solutions, insurance, and payroll for clients and their employees in the United States and parts of Europe. It offers integrated HCM solutions covering the employee life cycle for businesses and their employees. It supports its clients through its proprietary Paychex Flex platform, Paycor and the Company's SurePayroll software as a service (SaaS)-based solution. Its services include payroll services, time and attendance, employee benefits, human resources (HR), professional employer organization, talent management, business insurance, and payment processing. Its talent management includes recruiting, hiring and onboarding, performance management, learning and development, compensation management, employee engagement and recognition, employee benefits, among others.

What is the price predicton of PAYX Stock?

Wall Street analysts forecast PAYX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PAYX is120.55 USD with a low forecast of 110.00 USD and a high forecast of 126.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Paychex Inc (PAYX)'s revenue for the last quarter?

Paychex Inc revenue for the last quarter amounts to 1.60B USD, increased 12.49

What is Paychex Inc (PAYX)'s earnings per share (EPS) for the last quarter?

Paychex Inc. EPS for the last quarter amounts to 1.17 USD, increased 42.68

How many employees does Paychex Inc (PAYX). have?

Paychex Inc (PAYX) has 19000 emplpoyees as of July 08 2026.

What is Paychex Inc (PAYX) market cap?

Today PAYX has the market capitalization of 38.45B USD.