Paychex CEO: Paycor acquisition was all about growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 16 2025
0mins
Source: Business Insider
Paychex Acquisition Impact: John Gibson stated that Paycor's acquisition expands Paychex's market potential by approximately $10 billion, highlighting the company's ability to cater to clients of all sizes.
Economic Outlook: Gibson noted a lack of recession signs but mentioned that people are hesitant and seeking more clarity on tariffs.
Analyst Views on PAYX
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 is 120.55 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.
12 Analyst Rating
0 Buy
10 Hold
2 Sell
Hold
Current: 107.190
Low
110.00
Averages
120.55
High
126.00
Current: 107.190
Low
110.00
Averages
120.55
High
126.00
About PAYX
Paychex, Inc. is a human capital management (HCM) company. The Company is engaged in delivering a full suite of technology and advisory services in human resources, employee benefit solutions, insurance, and payroll. It is a provider of integrated HCM solutions for human resources (HR), payroll, benefits, and insurance for small- to medium-sized businesses in the United States (U.S.) and parts of Europe. It supports its small-business clients by utilizing its proprietary, software as a service (SaaS) Paychex Flex platform and the Company’s SurePayroll SaaS-based solutions. Its HR solutions include HR packages, HR consulting, employee onboarding, hiring services, and artificial intelligence -assisted recruiting. Its payroll services include payroll packages, small business payroll, midsize to enterprise payroll, switch payroll companies, and payroll tax services. Its employee benefits services include Group health insurance, retirement services, and benefits administration services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
