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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
95.420
Open
93.080
VWAP
94.11
Vol
1.57M
Mkt Cap
33.35B
Low
92.630
Amount
147.96M
EV/EBITDA(TTM)
12.56
Total Shares
358.29M
EV
36.53B
EV/OCF(TTM)
15.75
P/S(TTM)
5.31
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.
Show More

Events Timeline

(ET)
2026-04-01
09:40:00
Tapcheck Signs Agreement with Paychex for Real-Time Wage Access
select
2026-03-25 (ET)
2026-03-25
18:50:00
Paychex Sees Accelerating Organic Growth in Q3
select
2026-03-25
16:30:00
Major Averages Rise on U.S. Iran Peace Plan
select

News

NASDAQ.COM
8.0
04-10NASDAQ.COM
Analysis of Paychex Dividend Predictions
  • Dividend Volatility: Paychex Inc's dividend amounts are not always predictable and tend to fluctuate with the company's profitability, indicating that investors should carefully consider the company's financial health when evaluating dividends.
  • Historical Data Reference: By examining the historical dividend chart for PAYX, investors can better assess whether the most recent dividend is likely to continue, which in turn affects expectations for future returns.
  • Yield Expectations: Although the market maintains a cautious stance on Paychex's dividends, there remains a reasonable expectation that its annual yield could reach 5%, which would attract investors seeking stable income.
  • Market Perspective: The views and opinions expressed in the article are solely those of the author and do not necessarily reflect those of Nasdaq, Inc., suggesting that investors should independently evaluate and analyze the relevant information.
NASDAQ.COM
8.0
04-03NASDAQ.COM
Analysis of Upcoming Dividend Increases
  • Nasdaq Dividend Growth: Nasdaq (NDAQ) is projected to increase its dividend by 12.5% in 2025, with a current yield of 1.3%, reflecting strong profitability and a consistent dividend growth potential despite its long-term performance mirroring tech-heavy indices.
  • Synchrony Financial Outlook: Synchrony Financial (SYF) plans a 20% dividend increase in 2025, with a current yield of 1.8%, and its payout represents only 13% of estimated 2026 earnings, indicating room for further dividend expansion despite earnings variability.
  • Victory Capital's Investment Strategy: Victory Capital (VCTR) is expected to raise its dividend by 4.2% in 2025, currently yielding 3.0%, and despite a recent failed acquisition attempt, the company maintains a strong history of dividend growth, with an announcement anticipated in early May.
  • Paychex Market Performance: Paychex (PAYX) is projected to increase its dividend by 10.2% in 2025, with a yield of 4.7%, and despite facing economic headwinds, the company is expected to announce a dividend increase in early May, reflecting management's confidence in the current employment landscape.
Newsfilter
7.5
04-01Newsfilter
Tapcheck Partners with Paychex for Real-Time Wage Access
  • Real-Time Wage Access: Tapcheck's agreement with Paychex enables eligible employees to access earned wages instantly through an embedded solution, enhancing financial flexibility and control, which is expected to significantly improve employee financial wellness.
  • Seamless Integration: The solution is fully integrated within the Paychex HR PEO platform, allowing clients to activate on-demand pay effortlessly without new systems or process changes, thereby reducing administrative burdens and enhancing HR management efficiency.
  • Boosting Employee Retention: By providing instant access to wages, Tapcheck's solution helps businesses enhance employee engagement and protect talent investments, which is anticipated to effectively lower turnover rates and increase productivity.
  • Leading Industry Trends: As more industries adopt on-demand pay, Tapcheck's innovative solution is seen as the next generation of payroll management, emphasizing flexibility, transparency, and trust, aligning with the needs of modern employees.
CNBC
7.5
04-01CNBC
Private Sector Adds 62,000 Jobs in March, Exceeding Expectations
  • Job Growth Overview: Private sector employment increased by 62,000 in March, down 4,000 from February's revised total of 66,000 but exceeding the Dow Jones estimate of 39,000, indicating resilience in economic recovery.
  • Sector Contribution Analysis: The education and health services sector contributed 58,000 jobs, while construction added 30,000, highlighting the critical role of the health services industry in transforming the labor market.
  • Small Business Dominance: Businesses with fewer than 50 employees added 85,000 jobs, while medium-sized firms lost 20,000, indicating a shift towards small businesses leading the recovery, potentially due to inflation impacts and the need for multiple jobs.
  • Wage Growth Trends: Wage growth for those remaining in their jobs held steady at 4.5%, while job changers saw a 6.6% increase, up 0.3 percentage points from February, reflecting tightening competition in the labor market.
Newsfilter
7.5
03-31Newsfilter
U.S. Small Business Employment and Wage Growth Remain Stable
  • Employment Index Increase: The latest Paychex Small Business Employment Watch indicates a 0.04 percentage point increase in the employment index for small businesses, reaching 98.81 in March, reflecting stability in hiring despite ongoing market challenges.
  • Wage Growth Stagnation: Hourly earnings growth remained at 2.66% in March, marking the 17th consecutive month below 3%, which highlights the pressure small businesses face in compensation, potentially impacting their ability to attract and retain talent.
  • Regional Performance Variance: The Midwest led with a jobs index of 99.52 in March, primarily due to employment growth in Wisconsin, Illinois, and Ohio, showcasing regional economic vitality amidst broader trends.
  • Industry Dynamics Shift: The Education and Health Services sector saw a 0.32 percentage point increase in job growth in March, becoming the leading industry, indicating its significance and potential in small business hiring trends.
Fool
6.5
03-27Fool
Analysis of High-Yield Stock Investment Strategies
  • Dividend Yield Comparison: Among the Nasdaq-100, Kraft Heinz, Paychex, and Comcast offer dividend yields of 7%, 4.6%, and 4.38% respectively, attracting income-seeking investors, especially amid market volatility.
  • Kraft Heinz Turnaround Plan: Kraft Heinz aims to enhance shareholder value by spinning off its faster-growing condiment business, and despite pausing this plan under pressure from Berkshire Hathaway, its 7% dividend yield remains attractive, reflecting confidence in future growth.
  • Paychex's AI Integration: Although Paychex's shares have fallen over 35% in the past year, the company is guiding for double-digit earnings growth this fiscal year, partly due to AI integration and a recently approved $1 billion share repurchase program, which could boost EPS growth.
  • Comcast's Diversification Strategy: Comcast's diversified media portfolio provides a competitive edge, and while its stock has experienced volatility, potential value unlocking through business spin-offs could attract more investors, especially with its 4.6% dividend yield offering stable returns.
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
UBS
Kevin McVeigh
Neutral
downgrade
$98 -> $94
AI Analysis
2026-04-13
Reason
UBS
Kevin McVeigh
Price Target
$98 -> $94
AI Analysis
2026-04-13
downgrade
Neutral
Reason
UBS analyst Kevin McVeigh lowered the firm's price target on Paychex to $94 from $98 and keeps a Neutral rating on the shares.
Morgan Stanley
James Faucette
Equal Weight
downgrade
$123 -> $107
2026-03-27
Reason
Morgan Stanley
James Faucette
Price Target
$123 -> $107
2026-03-27
downgrade
Equal Weight
Reason
Morgan Stanley analyst James Faucette lowered the firm's price target on Paychex to $107 from $123 and keeps an Equal Weight rating on the shares. Paycor's high-single digit recurring growth could help to improve confidence that the "bottom" is in, but the firm would like to see faster organic Management Solutions growth, the analyst tells investors. Following the report, the firm is slightly raising estimates, but lowering its price target given recent multiple compression.
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 15.31, compared to its 5-year average forward P/E of 26.72. 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
26.72
Current PE
15.31
Overvalued PE
31.00
Undervalued PE
22.43

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
18.33
Current EV/EBITDA
10.56
Overvalued EV/EBITDA
20.95
Undervalued EV/EBITDA
15.71

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
8.21
Current PS
4.86
Overvalued PS
9.39
Undervalued PS
7.04

Financials

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Whales Holding PAYX

S
Susquehanna Fundamental Investments, LLC
Holding
PAYX
+144.40%
3M Return
E
Edgestream Partners, L.P.
Holding
PAYX
+101.33%
3M Return
D
Distillate Capital Partners LLC
Holding
PAYX
+85.42%
3M Return
D
Disciplined Growth Investors, Inc.
Holding
PAYX
+14.05%
3M Return
I
Inspire Investing, LLC
Holding
PAYX
+11.35%
3M Return
W
WEDGE Capital Management LLP
Holding
PAYX
+11.34%
3M Return

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Frequently Asked Questions

What is Paychex Inc (PAYX) stock price today?

The current price of PAYX is 94.29 USD — it has increased 1.29

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 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.

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 1.81B USD, increased 19.87

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

Paychex Inc. EPS for the last quarter amounts to 1.56 USD, increased 9.09

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

Paychex Inc (PAYX) has 19000 emplpoyees as of April 21 2026.

What is Paychex Inc (PAYX) market cap?

Today PAYX has the market capitalization of 33.35B USD.