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NASDAQ:PAYX

Paychex (PAYX) Stock Price, News & Analysis

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$119.40 -1.90 (-1.57%)
As of 02:40 PM Eastern

About Paychex Stock (NASDAQ:PAYX)

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Key Stats

Today's Range
$118.50
$121.05
50-Day Range
$95.93
$122.13
52-Week Range
$85.45
$141.19
Volume
868,332 shs
Average Volume
3.63 million shs
Market Capitalization
$42.47 billion
P/E Ratio
24.42
Dividend Yield
3.99%
Price Target
$108.20
Consensus Rating
Hold

Company Overview

Paychex, Inc., founded in 1971 by B. Thomas "Tom" Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company’s core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers’ compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.

Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools. In addition to software, the company supplies ancillary services such as hiring and onboarding support, employee screening, HR consulting, and various insurance products, enabling clients to scale administrative capabilities as their businesses grow.

While Paychex’s client focus is primarily on the U.S. market and on small- to medium-sized employers, its services are structured to address federal, state and local payroll and compliance needs across multiple jurisdictions. The company combines technology, compliance expertise and service-consulting relationships to serve a broad range of industries that require reliable payroll and HR administration.

Paychex is managed by an executive leadership team and governed by a board of directors. Over its history the company has expanded from a regional payroll processor into a diversified provider of HR outsourcing and technology solutions, positioning itself as a longstanding partner for employers seeking to outsource complex payroll and HR functions.

AI Generated. May Contain Errors.

Paychex Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
54th Percentile Overall Score

PAYX MarketRank™: 

Paychex scored higher than 54% of companies evaluated by MarketBeat, and ranked 435th out of 669 stocks in the industrials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Paychex has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 strong buy rating, 2 buy ratings, 10 hold ratings, and 4 sell ratings.

  • Downside Risk

    Paychex has a consensus price target of $108.20, representing about 9.8% downside from its current price of $120.00.

  • Amount of Analyst Coverage

    Paychex has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Paychex's stock forecast and price target.
  • Earnings Growth

    Earnings for Paychex are expected to grow by 6.38% in the coming year, from $5.96 to $6.34 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Paychex is 24.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.65.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Paychex is 24.54, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 28.18.

  • Price to Book Value per Share Ratio

    Paychex has a P/B Ratio of 11.51. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Paychex's valuation and earnings.
  • Percentage of Shares Shorted

    5.71% of the float of Paychex has been sold short.
  • Short Interest Ratio / Days to Cover

    Paychex has a short interest ratio ("days to cover") of 5.6.
  • Change versus previous month

    Short interest in Paychex has recently increased by 4.72%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Paychex is a leading dividend payer. It pays a dividend yield of 3.93%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Paychex has only been increasing its dividend for 3 years.

  • Dividend Coverage

    The dividend payout ratio of Paychex is 97.34%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Paychex will have a dividend payout ratio of 75.08% in the coming year. This indicates that Paychex may not be able to sustain their current dividend.

  • Read more about Paychex's dividend.
  • News Sentiment

    Paychex has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Industrials companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Paychex this week, compared to 9 articles on an average week.
  • Search Interest

    18 people have searched for PAYX on MarketBeat in the last 30 days. This is an increase of 13% compared to the previous 30 days.
  • MarketBeat Follows

    4 people have added Paychex to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Paychex insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $683,097.00 in company stock.

  • Percentage Held by Insiders

    0.80% of the stock of Paychex is held by insiders.

  • Percentage Held by Institutions

    83.47% of the stock of Paychex is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Paychex's insider trading history.
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PAYX Stock News Headlines

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See More Headlines

PAYX Stock Analysis - Frequently Asked Questions

Paychex's stock was trading at $112.18 at the beginning of the year. Since then, PAYX stock has increased by 7.0% and is now trading at $120.00.

Paychex, Inc. (NASDAQ:PAYX) announced its earnings results on Wednesday, June, 24th. The business services provider reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.01. The business's revenue was up 12.5% on a year-over-year basis.
Read the conference call transcript
.

Paychex's board approved a stock buyback plan on Friday, January 16th 2026, which authorizes the company to repurchase $1,000,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 2.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board believes its stock is undervalued.

The following companies are subsidiaries of Paychex: Flock, Oasis Outsourcing, Lessor Group, HR Outsourcing, Advance Partners, nettime Solutions, myStaffingPro by HR Services, and others.

Top institutional investors of Paychex include BlackRock Inc. (7.80%), Bank of New York Mellon Corp (0.55%), Deutsche Bank AG (0.43%) and Hamlin Capital Management LLC (0.33%). Insiders that own company stock include Martin Mucci, John B Gibson, Mark Anthony Bottini, Joseph M Velli, Joseph M Tucci, Robert L Schrader and Michael E Gioja.
View institutional ownership trends
.

Shares of PAYX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Paychex investors own include Verizon Communications (VZ), American Water Works (AWK), NVIDIA (NVDA), Humana (HUM), Meta Platforms (META), Tesla (TSLA) and JPMorgan Chase & Co. (JPM).

Company Calendar

Record date for 5/29 Dividend
5/13/2026
Ex-Dividend for 5/29 Dividend
5/13/2026
Dividend Payable
5/29/2026
Last Earnings
6/24/2026
Record date for 8/28 Dividend
7/28/2026
Ex-Dividend for 8/28 Dividend
7/28/2026
Today
8/12/2026
Dividend Payable
8/28/2026
Next Earnings (Estimated)
9/29/2026
Fiscal Year End
5/31/2027

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Professional Services
Sub-Industry
Human Resource & Employment Services
Current Symbol
NASDAQ:PAYX
CIK
723531
Employees
17,600
Year Founded
1971

Price Target and Rating

High Price Target
$150.00
Low Price Target
$52.00
Potential Upside/Downside
-9.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
17 Analysts

Profitability

EPS (Trailing Twelve Months)
$4.89
Trailing P/E Ratio
24.45
Forward P/E Ratio
20.06
P/E Growth
N/A
Net Income
$1.76 billion
Net Margins
27.03%
Pretax Margin
35.49%
Return on Equity
50.90%
Return on Assets
11.87%

Debt

Debt-to-Equity Ratio
1.22
Current Ratio
1.26
Quick Ratio
1.26

Sales & Book Value

Annual Sales
$6.51 billion
Price / Sales
6.53
Cash Flow
$7.35 per share
Price / Cash Flow
16.27
Book Value
$10.43 per share
Price / Book
11.46

Miscellaneous

Outstanding Shares
355,680,000
Free Float
352,838,000
Market Cap
$42.53 billion
Optionable
Optionable
Beta
0.81

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This page (NASDAQ:PAYX) was last updated on 8/12/2026 by MarketBeat.com Staff.
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