PAYX
Paychex, Inc. NASDAQ Listed Aug 26, 1983$98.24
+0.68%
vs $97.58
Mkt Cap $35.2B
52w Low $85.45
19.1% of range
52w High $152.57
50d MA $94.52
200d MA $106.73
P/E (TTM)
21.4x
EV/EBITDA
15.4x
P/B
8.6x
Debt/Equity
1.2x
ROE
13.8%
P/FCF
20.2x
RSI (14)
52.80
ATR (14)
$2.93
Beta
0.87
50d MA
$94.52
200d MA
$106.73
Avg Volume
3.3M
Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.
911 Panorama Trail South · Rochester, NY 14625-2396 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 25, 2026 | AMC | 1.67 | 1.71 | +2.4% | 93.36 | -0.3% | +0.2% | -2.0% | +1.6% | -1.1% | -1.3% | — |
| Dec 19, 2025 | AMC | 1.23 | 1.26 | +2.4% | 112.28 | +0.5% | +2.3% | -0.7% | +0.4% | -0.3% | -0.2% | — |
| Sep 30, 2025 | AMC | 1.20 | 1.22 | +1.7% | 126.76 | +0.0% | -2.2% | -0.5% | +1.0% | -0.2% | +2.1% | — |
| Jun 25, 2025 | AMC | 1.19 | 1.19 | +0.0% | 137.94 | +0.4% | +2.2% | +2.1% | +1.1% | +1.3% | -1.0% | — |
| Mar 26, 2025 | AMC | 1.48 | 1.49 | +0.7% | 150.19 | -0.5% | +1.1% | -0.5% | +2.2% | +0.2% | +0.2% | — |
| Dec 19, 2024 | AMC | 1.13 | 1.14 | +0.9% | 137.81 | -0.9% | +1.3% | -0.1% | +1.5% | +0.9% | -1.0% | — |
| Oct 1, 2024 | AMC | 1.14 | 1.16 | +1.8% | 140.79 | -1.0% | -0.0% | -1.0% | -0.5% | -0.9% | +0.5% | — |
| Jun 26, 2024 | AMC | 1.10 | 1.12 | +1.8% | 117.39 | -0.2% | +0.4% | +0.6% | -1.3% | +1.2% | -0.8% | — |
| Apr 2, 2024 | AMC | 1.37 | 1.38 | +0.7% | 122.08 | -0.0% | -1.5% | -0.2% | +2.0% | +1.2% | +2.2% | — |
| Dec 21, 2023 | AMC | 1.07 | 1.08 | +0.9% | 118.90 | -0.2% | +0.8% | +0.3% | -0.9% | +0.4% | -0.3% | — |
| Sep 27, 2023 | AMC | 1.12 | 1.14 | +1.8% | 116.51 | +0.5% | +0.5% | -1.5% | -1.3% | +0.4% | +0.9% | — |
| Jun 29, 2023 | AMC | 0.97 | 0.97 | +0.0% | 109.33 | +1.7% | +2.3% | -0.4% | +1.3% | +0.7% | -0.2% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jun 15 | Citigroup | Upgrade | Neutral → Buy | $140 | $100.63 | $102.90 | +2.3% | +0.3% | -0.6% | -2.7% | +0.7% | — |
| Apr 13 | UBS | Maintains | Neutral → Neutral | — | $85.57 | $85.69 | +0.1% | +4.4% | -0.5% | +1.6% | +2.1% | -0.2% |
| Mar 26 | JP Morgan | Maintains | Underweight → Underweight | — | $93.36 | $93.07 | -0.3% | +0.2% | -2.0% | +1.6% | -1.1% | -1.3% |
| Mar 26 | Wells Fargo | Maintains | Underweight → Underweight | — | $93.36 | $93.07 | -0.3% | +0.2% | -2.0% | +1.6% | -1.1% | -1.3% |
| Mar 26 | Citigroup | Maintains | Neutral → Neutral | — | $93.36 | $93.07 | -0.3% | +0.2% | -2.0% | +1.6% | -1.1% | -1.3% |
| Mar 26 | Baird | Maintains | Neutral → Neutral | — | $93.36 | $93.07 | -0.3% | +0.2% | -2.0% | +1.6% | -1.1% | -1.3% |
| Mar 26 | TD Cowen | Maintains | Hold → Hold | — | $93.36 | $93.07 | -0.3% | +0.2% | -2.0% | +1.6% | -1.1% | -1.3% |
| Mar 19 | RBC Capital | Maintains | Sector Perform → Sector Perform | — | $90.64 | $91.12 | +0.5% | +1.2% | +0.9% | +1.0% | -3.1% | +3.0% |
| Mar 13 | BMO Capital | Maintains | Market Perform → Market Perform | — | $91.67 | $92.37 | +0.8% | +1.0% | +0.5% | -0.7% | -1.9% | +1.2% |
| Dec 22 | JP Morgan | Maintains | Underweight → Underweight | — | $112.28 | $112.83 | +0.5% | +2.3% | -0.7% | +0.4% | -0.3% | -0.2% |
| Dec 22 | Citigroup | Maintains | Neutral → Neutral | — | $112.28 | $112.83 | +0.5% | +2.3% | -0.7% | +0.4% | -0.3% | -0.2% |
| Dec 22 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $112.28 | $112.83 | +0.5% | +2.3% | -0.7% | +0.4% | -0.3% | -0.2% |
| Dec 17 | Stifel | Maintains | Hold → Hold | — | $115.22 | $115.22 | +0.0% | +1.3% | -2.1% | -1.7% | +2.3% | -0.7% |
| Dec 9 | Wells Fargo | Maintains | Underweight → Underweight | — | $112.45 | $112.39 | -0.1% | +0.3% | +0.1% | +1.6% | +0.7% | -0.1% |
| Dec 9 | BMO Capital | Maintains | Market Perform → Market Perform | — | $112.45 | $112.39 | -0.1% | +0.3% | +0.1% | +1.6% | +0.7% | -0.1% |
| Dec 8 | Jefferies | Maintains | Hold → Hold | — | $112.06 | $111.90 | -0.1% | +0.3% | +0.3% | +0.1% | +1.6% | +0.7% |
| Dec 1 | TD Cowen | Maintains | Hold → Hold | — | $111.69 | $110.83 | -0.8% | -1.0% | +0.2% | +2.4% | -1.4% | +0.3% |
| Oct 20 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $126.56 | $126.75 | +0.2% | +0.0% | +0.8% | -0.7% | -1.5% | -0.1% |
| Oct 1 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $126.76 | $126.76 | +0.0% | -2.2% | -0.5% | +1.0% | -0.2% | +2.1% |
| Oct 1 | JP Morgan | Maintains | Underweight → Underweight | — | $126.76 | $126.76 | +0.0% | -2.2% | -0.5% | +1.0% | -0.2% | +2.1% |
| Oct 1 | BMO Capital | Maintains | Market Perform → Market Perform | — | $126.76 | $126.76 | +0.0% | -2.2% | -0.5% | +1.0% | -0.2% | +2.1% |
| Sep 22 | Stifel | Maintains | Hold → Hold | — | $130.00 | $128.60 | -1.1% | +0.3% | -0.8% | -0.8% | -1.2% | +1.2% |
| Sep 17 | UBS | Maintains | Neutral → Neutral | — | $131.62 | $132.28 | +0.5% | +0.6% | -1.0% | -0.8% | +0.3% | -0.8% |
| Aug 21 | Citigroup | Maintains | Neutral → Neutral | — | $138.88 | $138.28 | -0.4% | -0.3% | +1.7% | -1.6% | -0.3% | +0.4% |
| Aug 14 | JP Morgan | Maintains | Underweight → Underweight | — | $138.61 | $138.38 | -0.2% | -0.8% | +0.6% | -0.5% | +1.0% | -0.1% |
| Jun 27 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $141.01 | $141.21 | +0.1% | +2.1% | +1.1% | +1.3% | -1.0% | +0.8% |
| Jun 26 | Jefferies | Maintains | Hold → Hold | — | $137.94 | $138.50 | +0.4% | +2.2% | +2.1% | +1.1% | +1.3% | -1.0% |
| Jun 26 | UBS | Maintains | Neutral → Neutral | — | $137.94 | $138.50 | +0.4% | +2.2% | +2.1% | +1.1% | +1.3% | -1.0% |
| Jun 26 | Stifel | Maintains | Hold → Hold | — | $137.94 | $138.50 | +0.4% | +2.2% | +2.1% | +1.1% | +1.3% | -1.0% |
| Jun 18 | JP Morgan | Maintains | Underweight → Underweight | — | $152.52 | $152.52 | +0.0% | -1.4% | -0.8% | +1.4% | +0.7% | -9.4% |
| Jun 3 | RBC Capital | Maintains | Sector Perform → Sector Perform | — | $157.50 | $157.08 | -0.3% | +0.5% | +0.7% | -0.0% | +0.3% | -1.8% |
| Mar 31 | Barclays | Maintains | Equal Weight → Equal Weight | — | $151.03 | $151.40 | +0.2% | +2.2% | +0.2% | +0.2% | -0.9% | -6.7% |
| Mar 27 | Citigroup | Maintains | Neutral → Neutral | — | $150.19 | $149.48 | -0.5% | +1.1% | -0.5% | +2.2% | +0.2% | +0.2% |
| Mar 27 | Stifel | Maintains | Hold → Hold | — | $150.19 | $149.48 | -0.5% | +1.1% | -0.5% | +2.2% | +0.2% | +0.2% |
| Mar 27 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $150.19 | $149.48 | -0.5% | +1.1% | -0.5% | +2.2% | +0.2% | +0.2% |
| Mar 4 | UBS | Maintains | Neutral → Neutral | — | $153.37 | $154.43 | +0.7% | -0.9% | +0.1% | -1.5% | +2.4% | +0.7% |
| Dec 23 | Barclays | Maintains | Equal Weight → Equal Weight | — | $139.54 | $139.17 | -0.3% | -0.1% | +1.5% | +0.9% | -1.0% | -0.9% |
| Dec 20 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $137.81 | $136.58 | -0.9% | +1.3% | -0.1% | +1.5% | +0.9% | -1.0% |
| Dec 20 | RBC Capital | Maintains | Sector Perform → Sector Perform | — | $137.81 | $136.58 | -0.9% | +1.3% | -0.1% | +1.5% | +0.9% | -1.0% |
| Dec 3 | TD Cowen | Maintains | Hold → Hold | — | $145.45 | $145.59 | +0.1% | -0.7% | -0.4% | -1.1% | +0.3% | -1.3% |
| Dec 3 | Stifel | Maintains | Hold → Hold | — | $145.45 | $145.59 | +0.1% | -0.7% | -0.4% | -1.1% | +0.3% | -1.3% |
| Nov 19 | JP Morgan | Maintains | Underweight → Underweight | — | $141.76 | $141.26 | -0.4% | -0.8% | +0.8% | +1.6% | +0.3% | +0.6% |
| Oct 7 | Barclays | Maintains | Equal Weight → Equal Weight | — | $138.65 | $137.88 | -0.6% | -0.9% | +0.5% | +1.2% | -0.4% | -0.3% |
| Oct 2 | Jefferies | Maintains | Hold → Hold | — | $140.79 | $139.38 | -1.0% | -0.0% | -1.0% | -0.5% | -0.9% | +0.5% |
| Oct 2 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $140.79 | $139.38 | -1.0% | -0.0% | -1.0% | -0.5% | -0.9% | +0.5% |
| Oct 2 | TD Cowen | Maintains | Hold → Hold | — | $140.79 | $139.38 | -1.0% | -0.0% | -1.0% | -0.5% | -0.9% | +0.5% |
| Oct 2 | Citigroup | Maintains | Neutral → Neutral | — | $140.79 | $139.38 | -1.0% | -0.0% | -1.0% | -0.5% | -0.9% | +0.5% |
| Oct 2 | UBS | Maintains | Neutral → Neutral | — | $140.79 | $139.38 | -1.0% | -0.0% | -1.0% | -0.5% | -0.9% | +0.5% |
| Oct 2 | Stifel | Maintains | Hold → Hold | — | $140.79 | $139.38 | -1.0% | -0.0% | -1.0% | -0.5% | -0.9% | +0.5% |
| Oct 2 | RBC Capital | Maintains | Sector Perform → Sector Perform | — | $140.79 | $139.38 | -1.0% | -0.0% | -1.0% | -0.5% | -0.9% | +0.5% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| May 13, 2026 | Roaldsen Elizabeth | Sr. Vice President | Sell | 459 | $90.00 | $41K | 9,335 | +3.22% | +2.92% |
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Capital Management Llc | 20,965,270 | $1.9B | New | Mar 2026 |
| 2 | Vanguard Portfolio Management Llc | 15,249,560 | $1.4B | New | Mar 2026 |
| 3 | Morgan Stanley | 9,686,496 | $1.1B | — | Dec 2025 |
| 4 | Select Equity Group, L.p. | 5,716,237 | $641M | Added | Dec 2025 |
| 5 | Invesco Ltd. | 5,250,908 | $484M | Added | Mar 2026 |
| 6 | Bank Of America Corp /de/ | 4,323,890 | $398M | Reduced | Mar 2026 |
| 7 | Wells Fargo & Company/mn | 4,239,248 | $391M | New | Mar 2026 |
| 8 | Northern Trust Corp | 3,996,797 | $368M | Reduced | Mar 2026 |
| 9 | Ubs Group Ag | 3,532,389 | $325M | Added | Mar 2026 |
| 10 | Jpmorgan Chase & Co | 2,742,879 | $255M | Added | Mar 2026 |
| 11 | First Trust Advisors Lp | 2,344,056 | $216M | Added | Mar 2026 |
| 12 | Capital Research Global Investors | 2,098,312 | $193M | Added | Mar 2026 |
| 13 | Bank Of New York Mellon Corp | 2,007,580 | $185M | Reduced | Mar 2026 |
| 14 | Raymond James Financial Inc | 1,750,562 | $161M | Added | Mar 2026 |
| 15 | Hamlin Capital Management, Llc | 1,359,025 | $152M | Added | Dec 2025 |
| 16 | Amundi | 1,634,609 | $151M | New | Mar 2026 |
| 17 | Victory Capital Management Inc | 1,399,866 | $129M | Added | Mar 2026 |
| 18 | London Co Of Virginia | 1,354,123 | $125M | Reduced | Mar 2026 |
| 19 | Royal Bank Of Canada | 1,316,671 | $121M | Added | Mar 2026 |
| 20 | Renaissance Technologies Llc | 1,166,201 | $107M | Added | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$35.20B
Enterprise Value
$38.45B
P/E (TTM)
21.45x
Forward P/E
17.88x
PEG Ratio
-17.88x
P/B
8.57x
P/S
6.38x
P/FCF
20.21x
EV/EBITDA
15.44x
Shares Out
362.0M
Financials (TTM)
Revenue
$5.57B
Net Income
$1.66B
EBITDA
$2.49B
Free Cash Flow
$1.76B
Op Cash Flow
$1.95B
EPS Basic
$4.60
EPS Diluted
$4.58
EPS Forward
$5.50
Gross Margin
72.4%
Op Margin
39.6%
Net Margin
29.7%
Balance Sheet
Total Assets
$16.56B
Total Liab.
$12.44B
Total Equity
$4.13B
Cash
$1.66B
LT Debt
$4.55B
Book Value/Sh
$11.46
Debt/Equity
1.22x
Current Ratio
1.28
Quick Ratio
1.28
Returns & Growth
ROE
13.8%
ROA
3.1%
ROIC
16.8%
Rev Growth YoY
+5.6%
EPS Growth YoY
-1.9%
Price Returns
2W
+9.2%
1M
+4.7%
3M
+3.6%
6M
-13.2%
12M
-38.6%
Technicals
52W High
$152.57
52W Low
$85.45
50d MA
$94.52
200d MA
$106.73
RSI (14)
52.80
ATR (14)
$2.93
Beta
0.87
Avg Volume
3.3M
Dividends
Div Rate
$4.02
Div Yield
4.3%
Frequency
4
Ex-Div Date
Jan 28, 2026
Analyst Price Targets
Consensus
$112.14
High
$126.00
Low
$98.00
Median
$110.00
Data updated apr 26, 2026 6:46pm
· Source: financialmodelingprep.com