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Paychex, Inc.NasdaqGS:PAYX Aktierapport

Marknadsvärde US$33.7b
Aktiekurs
US$93.93
US$100.93
6.9% undervärderad intrinsisk rabatt
1Y-38.1%
7D1.6%
Portföljens värde
Utsikt

Paychex, Inc.

NasdaqGS:PAYX Aktierapport

Börsvärde: US$33.7b

Paychex (PAYX) Aktievy

Paychex, Inc. tillsammans med sina dotterbolag, tillhandahåller lösningar för hantering av humankapital (HCM) för löner, personalförmåner, HR- och försäkringstjänster för små och medelstora företag i USA, Europa och Indien. Mer information

PAYX fundamental analys
Snöflinga Score
Värdering3/6
Framtida tillväxt2/6
Tidigare resultat2/6
Finansiell hälsa4/6
Utdelningar5/6

PAYX Community Fair Values

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See what 87 others think this stock is worth. Follow their fair value or set your own to get alerts.

Paychex, Inc. Konkurrenter

Prishistorik och prestanda

Sammanfattning av aktiekursernas upp- och nedgångar samt förändringar för Paychex
Historiska aktiekurser
Aktuell aktiekursUS$93.93
52 veckors högstaUS$161.24
52 veckors lägstaUS$85.45
Beta0.82
1 månads förändring9.77%
3 månaders förändring-5.15%
1 års förändring-38.08%
3 års förändring-13.16%
5 års förändring-5.93%
Förändring sedan börsintroduktionen54,064.86%

Senaste nyheter och uppdateringar

Analysuppdatering Apr 27

PAYX: AI And Tapcheck Partnership Will Support Post Paycor Integration Concerns

The analyst price target for Paychex has been trimmed by about $0.27, reflecting a wave of recent target cuts from multiple firms as analysts factor in choppy macro conditions and the ongoing integration of Paycor into their models. Analyst Commentary Recent research on Paychex shows a clear reset in expectations, with several firms cutting their price targets and one new initiation at a neutral stance.
Analysuppdatering Apr 10

PAYX: AI Tools And Buybacks Will Support Post Paycor Integration Concerns

Analysts have nudged their blended price target on Paychex slightly lower to $101.20 from $102.80 as they factor in a higher discount rate, modestly different revenue growth and profit margin assumptions, and a slightly reduced future P/E multiple, following a series of recent target cuts and cautious research notes. Analyst Commentary Recent research has leaned cautious on Paychex, with several firms trimming price targets and a few initiating more conservative ratings as they reassess growth, profitability and the integration of Paycor.
Seeking Alpha Apr 09

Paychex: Staying Neutral Because Of Near-Term Growth Concerns

Summary Paychex (PAYX) is rated Hold as core growth remains subdued despite promising Paycor integration and outsourcing momentum. Integration of Paycor is progressing well, with cross-selling and larger ASO/PEO wins supporting potential revenue synergies and a structurally improved growth profile. Outsourcing and PEO segments are showing solid growth and retention, but these remain a small portion of overall revenues. Valuation is at a premium to peers due to high margins, but further re-rating is unlikely without clear evidence of accelerating organic growth. Read the full article on Seeking Alpha

Recent updates

Analysuppdatering Apr 27

PAYX: AI And Tapcheck Partnership Will Support Post Paycor Integration Concerns

The analyst price target for Paychex has been trimmed by about $0.27, reflecting a wave of recent target cuts from multiple firms as analysts factor in choppy macro conditions and the ongoing integration of Paycor into their models. Analyst Commentary Recent research on Paychex shows a clear reset in expectations, with several firms cutting their price targets and one new initiation at a neutral stance.
Analysuppdatering Apr 10

PAYX: AI Tools And Buybacks Will Support Post Paycor Integration Concerns

Analysts have nudged their blended price target on Paychex slightly lower to $101.20 from $102.80 as they factor in a higher discount rate, modestly different revenue growth and profit margin assumptions, and a slightly reduced future P/E multiple, following a series of recent target cuts and cautious research notes. Analyst Commentary Recent research has leaned cautious on Paychex, with several firms trimming price targets and a few initiating more conservative ratings as they reassess growth, profitability and the integration of Paycor.
Seeking Alpha Apr 09

Paychex: Staying Neutral Because Of Near-Term Growth Concerns

Summary Paychex (PAYX) is rated Hold as core growth remains subdued despite promising Paycor integration and outsourcing momentum. Integration of Paycor is progressing well, with cross-selling and larger ASO/PEO wins supporting potential revenue synergies and a structurally improved growth profile. Outsourcing and PEO segments are showing solid growth and retention, but these remain a small portion of overall revenues. Valuation is at a premium to peers due to high margins, but further re-rating is unlikely without clear evidence of accelerating organic growth. Read the full article on Seeking Alpha
Ny analys Mar 28

AI Rollout And PEO Demand Will Support Steady Outlook Despite Integration Risks

Catalysts About Paychex Paychex provides HR, payroll, benefits and PEO solutions to businesses of various sizes, with a large small business client base. What are the underlying business or industry changes driving this perspective?
Analysuppdatering Mar 27

PAYX: AI Upgrades And Buybacks Will Offset Paycor Integration Concerns

Paychex's analyst price target has been reset lower to about $103 from roughly $117, as analysts factor in softer revenue growth assumptions, a slightly higher discount rate, and a lower future P/E multiple, partly offset by expectations for stable profitability and ongoing integration of Paycor. Analyst Commentary Recent Street research on Paychex has centered on recalibrated price targets, with several firms adjusting their models to reflect more tempered revenue expectations, a higher discount rate, and lower assumed future P/E multiples.
Ny analys Mar 13

AI Adoption And HCM Data Scale Will Reshape This Payroll Leader’s Long-Term Potential

Catalysts About Paychex Paychex provides payroll, HR, benefits and HCM technology solutions to small and midsize businesses across its Paychex Flex, SurePayroll and Paycor platforms. What are the underlying business or industry changes driving this perspective?
Analysuppdatering Mar 12

PAYX: AI Automation And Buybacks Will Offset Defensive Competitive Concerns Over Time

Analysts have reduced their Paychex price target by about $2 to reflect slightly lower fair value estimates, higher required returns, and modestly softer assumptions for revenue growth, profit margins, and future P/E following recent bearish initiations and cautious commentary. Analyst Commentary Recent Street research has leaned cautious on Paychex, with new coverage framing recent moves, including the Paycor stake, as largely defensive rather than a clear growth accelerator.
Analysuppdatering Feb 26

PAYX: AI And Buybacks Will Counter Defensive Competitive Pressures Over Time

Analysts have trimmed their Paychex price target slightly to about $119 per share, reflecting modest adjustments to fair value, discount rate, revenue growth, profit margin, and future P/E assumptions following new bearish coverage that characterizes recent competitive moves as largely defensive. Analyst Commentary Recent research frames the latest competitive response, including the Paycor related move, as more defensive than opportunistic.
Analysuppdatering Feb 11

PAYX: AI And Buybacks Will Support Resilient Future Cash Flow Profile

Analysts have trimmed their average Paychex price target slightly to about $119.53 from roughly $120.20, reflecting a modestly lower assumed future P/E and fresh bearish initiation commentary that characterizes the recent Paycor acquisition as a largely defensive move. Analyst Commentary Recent commentary focuses heavily on the Paycor acquisition and how it feeds into expectations for Paychex valuation and execution.
Analysuppdatering Jan 27

PAYX: AI And Platform Partnerships Will Support Resilient Cash Flow Profile

Analysts have trimmed their Paychex fair value estimate from about US$122 to roughly US$120, reflecting slightly softer revenue growth assumptions, a modestly lower future P/E and a mild uptick in the discount rate after recent bearish initiations on the stock. Analyst Commentary Recent research has focused on the implications of Paychex's move toward Paycor and how that fits with the current fair value reassessment.
Analysuppdatering Jan 11

PAYX: Broader Suite And AI Will Confront Cyclical Labor And Rate Risks

Analysts have made a modest upward adjustment to their price target on Paychex, pointing to the broader solution suite following the Paycor acquisition, while also flagging cyclical risks tied to potential revenue softness if unemployment rises and interest rates move lower. Analyst Commentary Bullish Takeaways Bullish analysts point to the Paycor acquisition as a way for Paychex to offer a broader and more comprehensive suite of solutions, which they see as supportive of the current valuation range.
Analysartikel Jan 07

Should You Investigate Paychex, Inc. (NASDAQ:PAYX) At US$111?

Let's talk about the popular Paychex, Inc. ( NASDAQ:PAYX ). The company's shares received a lot of attention from a...
Analysuppdatering Dec 25

PAYX: AI And Suite Expansion Will Navigate Cyclical Labor Uncertainty Ahead

Analysts have modestly reduced their Paychex fair value estimate by about $6 to roughly $122 per share, reflecting tempered expectations for revenue growth and future valuation multiples, despite resilient margins and a broader solution suite. Analyst Commentary Street research on Paychex reflects a generally balanced stance, with most firms maintaining neutral or modestly cautious ratings while making incremental target price adjustments.
Analysuppdatering Dec 11

PAYX: Acquisition Synergy Will Support Suite Expansion Amid Cyclical Labor Market Uncertainty

Analysts modestly reduced their fair value estimate for Paychex to approximately $128 from about $134 per share, citing slightly softer assumptions for long term revenue growth, profit margins, and valuation multiples amid heightened macroeconomic and labor market uncertainty. Analyst Commentary Street research on Paychex reflects a generally cautious, wait and see stance, with most firms maintaining neutral or Hold type ratings while trimming price targets.
Analysuppdatering Nov 27

PAYX: Acquisition Synergy Will Boost Solution Suite And Support Margin Resilience

The analyst price target for Paychex has edged down slightly, with the fair value estimate decreasing by $0.57 to $134.14. Analysts cite ongoing macroeconomic concerns and mixed signals from recent earnings results as key factors behind the adjustment.
Analysuppdatering Nov 05

PAYX: Acquisition Will Drive Broader Solution Suite And Support Margins Going Forward

The analyst price target for Paychex has shifted slightly lower, down by $0.52 to $134.71. Analysts see a stable but cautious outlook due to ongoing macroeconomic concerns and modest revenue growth expectations.
Analysuppdatering Oct 22

Analyst Commentary Highlights Balanced Views on Paychex Amid Subtle Valuation and Growth Adjustments

The analyst price target for Paychex edged up slightly to $135.23 from $135.15, as analysts balanced lower organic growth expectations and macroeconomic uncertainty with the company's resilient margins and cash flow profile. Analyst Commentary Analyst opinions on Paychex reflect a range of perspectives, balancing the company’s strong margins and free cash flow with concerns about cyclical pressures and growth variability.
Analysuppdatering Oct 08

Paycor Acquisition And AI Tools Will Redefine HCM Solutions

The analyst price target for Paychex has been lowered from approximately $145.08 to $135.15. Analysts cite ongoing revenue growth headwinds, a premium valuation, and a balanced risk/reward outlook in a challenging operating environment.
Analysuppdatering Sep 23

Paycor Acquisition And AI Tools Will Redefine HCM Solutions

Paychex’s consensus price target was revised slightly lower to $145.08 as analysts cite slower organic revenue growth, lack of FY26 guidance clarity, and a subdued sector outlook amid macroeconomic headwinds, suggesting shares may remain range-bound. Analyst Commentary Slower organic revenue growth in Management Solutions, partly attributed to integration distractions, is weighing on near-term performance and expectations.
Analysuppdatering Sep 04

Paycor Acquisition And AI Tools Will Redefine HCM Solutions

Paychex’s analyst price target remained unchanged at $147.33 as mixed sentiment—driven by weaker-than-expected Q4 results, softer revenue growth, integration concerns surrounding the Paycor deal, and uncertainty over FY26 projections—was offset by a stable client base and resilient underlying demand. Analyst Commentary Bearish analysts highlight weaker-than-expected Q4 and softer organic revenue growth, with Paychex’s fiscal 2026 guidance falling below investor expectations.
Analysartikel Sep 02

Investor Optimism Abounds Paychex, Inc. (NASDAQ:PAYX) But Growth Is Lacking

With a price-to-earnings (or "P/E") ratio of 30.3x Paychex, Inc. ( NASDAQ:PAYX ) may be sending very bearish signals at...
Analysartikel Aug 04

The Returns On Capital At Paychex (NASDAQ:PAYX) Don't Inspire Confidence

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysartikel Jul 11

Calculating The Intrinsic Value Of Paychex, Inc. (NASDAQ:PAYX)

Key Insights The projected fair value for Paychex is US$145 based on 2 Stage Free Cash Flow to Equity Current share...
Analysartikel Jun 18

Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Seeking Alpha Mar 24

Paychex: Accelerating Growth With Paycor

Summary Paychex shares trade at a premium, supported by organic growth and the Paycor acquisition, despite economic cyclicality concerns. Paychex's technology-driven growth in human capital management targets a $90 billion market, with strong client retention and consistent revenue growth. The Paycor acquisition adds 50,000 larger clients, with huge synergy potential amidst lackluster margins reported. At 27 times earnings, Paychex must deliver on integration and synergies. I'm waiting for more impact clues before reconsidering my neutral stance. Read the full article on Seeking Alpha
Seeking Alpha Jan 25

Paychex Inc: The Paycor Acquisition Could Be A Game Changer

Summary I recommend a buy rating for Paychex Inc. (PAYX) due to its transformative acquisition of PYCR, expanding its TAM and cross-selling opportunities. The acquisition increases PAYX's TAM by ~$10 billion, targeting mid-market clients and leveraging AI-powered HR tools for significant productivity gains. Financial synergies include $80 million in cost savings and substantial cross-selling opportunities, potentially accelerating revenue growth to high single digits or low teens. Despite the $4.1 billion price tag, the valuation is reasonable, and successful integration could narrow PAYX's valuation discount relative to peers, offering upside potential. Read the full article on Seeking Alpha
Seeking Alpha Jan 08

Paychex Writes A Fat Check For Paycor HCM

Summary Paychex's acquisition of Paycor HCM for $22.50 per share led to a 3% drop in Paycor's stock, reflecting market disappointment. Despite the drop, Paychex's management expects $80 million in annual run-rate synergies and additional revenue synergies from the deal. PAYX shares have underperformed the S&P 500, but the company's fundamentals are strong, though its stock remains expensive. I maintain a 'hold' rating for Paychex and recommend a 'sell' for PYCR due to limited additional upside. Read the full article on Seeking Alpha
Seeking Alpha Dec 20

Paychex: Payrolling In Profits, But Valuation Could Use A Check

Summary Paychex's Q2 2025 results exceeded expectations, driven by strong growth in PEO and Insurance Solutions, and a focus on AI-driven solutions and HR analytics. Despite a solid outlook for FY 2025, risks include a moderating job market and increasing competition in the HR and payroll services industry. The company's valuation is high, trading at a premium to historical and peer group multiples, making it difficult to justify paying current prices for the stock. Given the strong fundamentals but expensive valuation, I rate Paychex a 'hold'. Investors may want to avoid the stock for now. Read the full article on Seeking Alpha
Seeking Alpha Oct 02

Paychex Q1: Did Not Put Me Over The Fence

Summary Paychex's Q1 earnings showed slight revenue and EPS growth, but not enough to change my hold rating due to the lack of significant catalysts. The expiration of the ERTC program impacted revenue growth and margins, but the company remains financially strong with substantial cash reserves. New offerings like Paychex Flex Engage and AI-driven recruiting co-pilot show innovation, but are hard to quantify in terms of sales impact. I am waiting for further margin improvements and revenue catalysts before considering an investment; maintaining a hold rating on PAYX stock for now. Read the full article on Seeking Alpha

Aktieägarnas avkastning

PAYXUS Professional ServicesUS Marknad
7D1.6%-0.8%2.2%
1Y-38.1%-22.6%31.1%

Avkastning vs industri: PAYX presterade sämre än US Professional Services branschen som gav -22.6 % under det senaste året.

Avkastning vs Marknaden: PAYX presterade sämre än US marknaden som gav 31.1 % under det senaste året.

Prisvolatilitet

Is PAYX's price volatile compared to industry and market?
PAYX volatility
PAYX Average Weekly Movement4.3%
Professional Services Industry Average Movement8.2%
Market Average Movement7.3%
10% most volatile stocks in US Market16.1%
10% least volatile stocks in US Market3.2%

Stabil aktiekurs: PAYX har inte haft någon betydande prisvolatilitet under de senaste 3 månaderna jämfört med marknaden för US.

Volatilitet över tid: PAYX s veckovolatilitet ( 4% ) har varit stabil under det senaste året.

Om företaget

GrundadAnställdaVD OCH KONCERNCHEFWebbplats
197119,000John Gibsonwww.paychex.com

Paychex, Inc. och dess dotterbolag tillhandahåller lösningar för hantering av humankapital (HCM) för löner, personalförmåner, personaladministration (HR) och försäkringstjänster för små och medelstora företag i USA, Europa och Indien. Företaget erbjuder tjänster för lönebearbetning, administration av löneskatter, betalningstjänster för anställda och tjänster för efterlevnad av regelverk. Företaget tillhandahåller pensionslösningar, såsom implementering av planer, löpande efterlevnad av statliga regler, rapportering till anställda och arbetsgivare, onlineåtkomst för deltagare och arbetsgivare, elektronisk överföring av medel och andra administrativa tjänster; HCM-lösningar från rekrytering och anställning till pension; samt tjänster för talanghantering och talanganskaffning.

Paychex, Inc. Sammanfattning av grunderna

Hur förhåller sig Paychex:s resultat och omsättning till dess börsvärde?
PAYX grundläggande statistik
BörsvärdeUS$33.65b
Vinst(TTM)US$1.64b
Intäkter(TTM)US$6.33b
20.6x
P/E-förhållande
5.3x
P/S-förhållande

Resultat & intäkter

Viktig lönsamhetsstatistik från den senaste resultatrapporten (TTM)
PAYX resultaträkning (TTM)
IntäkterUS$6.33b
Kostnad för intäkterUS$1.65b
BruttovinstUS$4.68b
Övriga kostnaderUS$3.05b
IntäkterUS$1.64b

Senast redovisade vinst

Feb 28, 2026

Nästa vinstdatum

n/a

Vinst per aktie (EPS)4.57
Bruttomarginal73.93%
Nettovinstmarginal25.84%
Skuld/egenkapitalförhållande123.4%

Hur har PAYX utvecklats på lång sikt?

Se historisk utveckling och jämförelse

Utdelningar

4.6%
Aktuell utdelningsavkastning
95%
Utbetalningskvot

Ger PAYX en tillförlitlig utdelning?

Se PAYX utdelningshistorik och jämförelsetal
När behöver man köpa PAYX för att få en kommande utdelning?
Paychex datum för utdelning
Ex utdelningsdagMay 13 2026
Utbetalningsdag för utdelningMay 29 2026
Dagar till Ex-utdelning1 day
Dagar till utdelningsdag17 days

Ger PAYX en tillförlitlig utdelning?

Se PAYX utdelningshistorik och jämförelsetal

Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/05/11 20:22
Aktiekurs vid dagens slut2026/05/08 00:00
Intäkter2026/02/28
Årlig intjäning2025/05/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som användes för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och tutorials på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

Paychex, Inc. bevakas av 35 analytiker. 18 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
null nullArgus Research Company
Mark MarconBaird
Lisa Dejong EllisBernstein