Paychex (PAYX) to Post Earnings on Wednesday

Key Points

• Paychex is scheduled to report Q1 fiscal 2027 earnings before the market opens on September 23, 2026. Analysts expect $1.32 in earnings per share and $1.6266 billion in revenue; full-year guidance is $5.90–$6.01 EPS.
• The company’s latest quarterly results exceeded expectations, with $1.32 EPS and $1.61 billion in revenue, while revenue increased 12.5% year over year.
• Paychex pays a quarterly dividend of $1.19 per share, equivalent to a 4.0% yield, but its payout ratio is high at 97.34%. Wall Street’s consensus rating is Hold, with an average price target of $126.76.

Paychex (NASDAQ:PAYX - Get Free Report) is expected to be issuing its Q1 2027 results before the market opens on Wednesday, September 23rd. Analysts expect Paychex to post earnings of $1.32 per share and revenue of $1.6266 billion for the quarter. Paychex has set its FY 2027 guidance at 5.900-6.010 EPS. Individuals may review the information on the company's upcoming Q1 2027 earning report page for the latest details on the call scheduled for Wednesday, September 23, 2026 at 9:30 AM ET.

Paychex (NASDAQ:PAYX - Get Free Report) last released its earnings results on Wednesday, June 24th. The business services provider reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.01. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.60 billion. Paychex had a net margin of 27.03% and a return on equity of 50.90%. Paychex's revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.19 EPS. On average, analysts expect Paychex to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Paychex Stock Down 0.2%

Paychex stock opened at $118.30 on Wednesday. The business's 50-day simple moving average is $118.38 and its two-hundred day simple moving average is $103.31. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market cap of $42.08 billion, a PE ratio of 24.19, a PEG ratio of 2.49 and a beta of 0.82. Paychex has a fifty-two week low of $85.45 and a fifty-two week high of $134.14.

Paychex Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Tuesday, July 28th were given a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a yield of 4.0%. The ex-dividend date was Tuesday, July 28th. Paychex's dividend payout ratio (DPR) is currently 97.34%.

Wall Street Analyst Weigh In

PAYX has been the subject of a number of recent analyst reports. UBS Group lifted their price objective on shares of Paychex from $105.00 to $115.00 and gave the company a "neutral" rating in a report on Wednesday, July 22nd. Wells Fargo & Company increased their target price on shares of Paychex from $95.00 to $111.00 and gave the stock an "underweight" rating in a research note on Wednesday, September 9th. Weiss Ratings upgraded Paychex from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, July 20th. Royal Bank Of Canada restated a "sector perform" rating on shares of Paychex in a research report on Thursday, May 28th. Finally, Jefferies Financial Group lifted their price target on Paychex from $105.00 to $120.00 and gave the company a "hold" rating in a research note on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $126.76.

Insiders Place Their Bets

In other news, Director Joseph M. Tucci sold 3,907 shares of Paychex stock in a transaction on Friday, June 26th. The stock was sold at an average price of $98.25, for a total transaction of $383,862.75. Following the transaction, the director owned 67,364 shares in the company, valued at $6,618,513. The trade was a 5.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Robert L. Schrader sold 2,600 shares of Paychex stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $115.09, for a total transaction of $299,234.00. Following the transaction, the chief financial officer directly owned 18,547 shares in the company, valued at $2,134,574.23. This trade represents a 12.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.60% of the stock is owned by corporate insiders.

Paychex Company Profile

Paychex, Inc is a provider of payroll, human resources, and workforce management solutions for businesses of varying sizes. Its offerings include payroll processing, tax administration, time and attendance tracking, employee benefits administration, retirement services, workers' compensation and business insurance, recruiting, and compliance support.

The company also provides professional employer organization services, helping businesses manage employment administration and human resources through an integrated platform.

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