Paychex Tidigare resultatutveckling
Tidigare kriterier kontrolleras 2/6
Paychex har ökat intäkterna med en genomsnittlig årlig takt på 6.7%, medan Professional Services -branschen såg intäkterna växer på 9.8% årligen. Intäkterna har varit växande med en genomsnittlig takt på 8% per år. Paychex s avkastning på eget kapital är 47.1% och den har en nettomarginal på 27%.
Viktig information
6.66%
Tillväxttakt i vinsten
6.70%
Tillväxttakt för EPS
| Professional Services Tillväxt i branschen | 10.99% |
| Intäkternas tillväxttakt | 8.03% |
| Avkastning på eget kapital | 47.12% |
| Nettomarginal | 27.03% |
| Nästa resultatuppdatering | 23 Sep 2026 |
Senaste uppdateringar av tidigare prestationer
Recent updates
Seeking Alpha • Sep 03
Paychex's AI Potential Could Produce A Nice Payday
Summary Paychex earns a buy rating, driven by strong revenue growth, high margins, and strategic AI integration targeting SMEs. PAYX leverages its WISE AI platform to streamline payroll and HR processes, enhancing value for cost-sensitive small and medium-sized businesses. Compared to ADP, PAYX boasts superior gross and net margins, and faster revenue and FCF growth, though it trades at higher price-to-sales multiples. AI-driven cost efficiencies and product innovation position PAYX to potentially capture SME market share, despite competitive threats from ADP and Workday. Read the full article on Seeking Alpha
Uppdatering av berättelse • Sep 03
PAYX: AI Execution And Paycor Synergies Will Support Dividend While Risks Remain
Analysts have raised the Paychex fair value estimate from $109.57 to $113.71, reflecting a series of higher Street price targets and expectations that the company can sustain wallet share gains while managing macro noise. Analyst Commentary Recent Street commentary on Paychex points to a mix of optimism around execution and wallet share gains, alongside caution about growth pacing and long term revenue trends.
Uppdatering av berättelse • Aug 19
PAYX: FY27 AI Integration And Paycor Synergies Will Support Future Upside
Analysts have lifted the Paychex fair value estimate from $131.32 to $139.68. This reflects a series of higher price targets and commentary that points to confidence in the business trajectory, a revenue growth focus into 2027, incremental benefits from the Paycor acquisition, and limited disruption risk from AI to its core offering.Uppdatering av berättelse • Aug 05
PAYX: AI And Paycor Synergies Will Test Dividend Support And Execution
Paychex's fair value estimate has been raised by about $4 to $109.57 as analysts factor in a slightly lower discount rate, a modest adjustment to expected revenue growth, and a higher projected profit margin supported by recent price target increases across the Street. Analyst Commentary Recent Street research on Paychex shows a mix of optimism and caution around the stock's valuation, growth outlook, and execution following fiscal Q4 results and the Paycor acquisition.
Uppdatering av berättelse • Jul 22
PAYX: FY27 Revenue Outlook Will Drive Downside Risk At Current P E
Analysts have nudged the Paychex fair value estimate higher from $90.00 to $95.00. This reflects updated models that incorporate refined discount rate assumptions, slightly adjusted revenue growth expectations, and a modestly higher projected profit margin and future P/E multiple based on recent price target changes and commentary around the FY27 setup, acquisition synergies, and dividend support.Uppdatering av berättelse • Jul 08
PAYX: FY27 Outlook And Paycor Synergies Will Drive Future Upside
The updated analyst price target for Paychex moves to $131 from $144, reflecting revised assumptions for slower revenue growth, a slightly higher discount rate, stable profit margins, and a lower future P/E multiple in line with recent Street research. That research has generally nudged targets into the $98 to $140 range while highlighting the FY27 outlook and Paycor synergies.Uppdatering av berättelse • Jun 24
PAYX: AI Workforce Tools And Paycor Synergies Will Test Dividend-Supported Resilience
Analysts have nudged the fair value estimate for Paychex higher, with the price target rising from about $102.07 to $105.43 as they factor in potential synergies from the Paycor acquisition, a modestly higher future P/E assumption around 19.7, and the perceived support of the stock's dividend for more defensive investors. Analyst Commentary Recent research on Paychex reflects a mix of optimism around the Paycor acquisition and dividend support, alongside pockets of caution on execution and long term growth assumptions.Analysartikel • Jun 21
Paychex (PAYX) Stock Could Be 3.7% Undervalued Ahead Of Fourth Quarter Earnings
Paychex (PAYX) heads into its June 24 fourth quarter fiscal 2026 earnings release with expectations centered on higher year over year earnings and revenue, putting the stock in focus ahead of the report. See our latest analysis for Paychex. At a share price of $98.24, Paychex has seen a 5.07% 90 day share price return, while its year to date share price is down 9.54% and the 1 year total shareholder return has declined 31.41%. This hints that recent earnings expectations are being weighed...Uppdatering av berättelse • Jun 07
PAYX: AI Integration And Paycor Execution Will Shape Future Earnings Resilience
Paychex's updated analyst price target edges higher by about $1 to roughly $102, as analysts factor in slightly stronger expected revenue growth, a modestly lower discount rate, and a small uplift in assumed future P/E, partly offset by more conservative profit margin assumptions and a series of recent target cuts across the Street. Analyst Commentary Street research on Paychex has recently leaned cautious, with a wave of target cuts across several firms.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Ny berättelse • 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?Uppdatering av berättelse • 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 berättelse • 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?Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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...Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.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 AlphaSeeking 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 AlphaFördelning av intäkter och kostnader
Fördelning av intäkter och kostnader
Hur Paychex tjänar och spenderar pengar. Baserat på senast rapporterade resultat, på rullande tolvmånadersbasis.
Resultat- och intäktshistorik
| Datum | Intäkter | Intäkter | G+A Kostnader | FoU-kostnader |
|---|---|---|---|---|
| 31 May 26 | 6,512 | 1,760 | 2,265 | 0 |
| 28 Feb 26 | 6,334 | 1,637 | 2,189 | 0 |
| 30 Nov 25 | 6,034 | 1,596 | 1,906 | 0 |
| 31 Aug 25 | 5,793 | 1,614 | 1,871 | 0 |
| 31 May 25 | 5,572 | 1,657 | 1,702 | 0 |
| 28 Feb 25 | 5,440 | 1,740 | 1,643 | 0 |
| 30 Nov 24 | 5,370 | 1,719 | 1,639 | 0 |
| 31 Aug 24 | 5,311 | 1,699 | 1,627 | 0 |
| 31 May 24 | 5,278 | 1,690 | 1,625 | 0 |
| 29 Feb 24 | 5,213 | 1,661 | 1,593 | 0 |
| 30 Nov 23 | 5,155 | 1,630 | 1,580 | 0 |
| 31 Aug 23 | 5,087 | 1,597 | 1,551 | 0 |
| 31 May 23 | 5,007 | 1,557 | 1,521 | 0 |
| 28 Feb 23 | 4,922 | 1,503 | 1,505 | 0 |
| 30 Nov 22 | 4,817 | 1,467 | 1,470 | 0 |
| 31 Aug 22 | 4,735 | 1,438 | 1,448 | 0 |
| 31 May 22 | 4,612 | 1,393 | 1,415 | 0 |
| 28 Feb 22 | 4,497 | 1,359 | 1,385 | 0 |
| 30 Nov 21 | 4,332 | 1,279 | 1,363 | 0 |
| 31 Aug 21 | 4,208 | 1,220 | 1,336 | 0 |
| 31 May 21 | 4,057 | 1,098 | 1,325 | 0 |
| 28 Feb 21 | 3,943 | 1,055 | 1,289 | 0 |
| 30 Nov 20 | 3,974 | 1,059 | 1,282 | 0 |
| 31 Aug 20 | 3,981 | 1,046 | 1,298 | 0 |
| 31 May 20 | 4,041 | 1,098 | 1,299 | 0 |
| 29 Feb 20 | 4,106 | 1,108 | 1,314 | 0 |
| 30 Nov 19 | 4,034 | 1,078 | 1,297 | 0 |
| 31 Aug 19 | 3,902 | 1,055 | 1,259 | 0 |
| 31 May 19 | 3,773 | 1,034 | 1,218 | 0 |
| 28 Feb 19 | 3,638 | 1,022 | 1,158 | 0 |
| 30 Nov 18 | 3,504 | 1,064 | 1,137 | 0 |
| 31 Aug 18 | 3,448 | 1,027 | 1,101 | 0 |
| 31 May 18 | 3,378 | 994 | 1,068 | 0 |
| 28 Feb 18 | 3,331 | 972 | 1,058 | 0 |
| 30 Nov 17 | 3,190 | 807 | 1,016 | 0 |
| 31 Aug 17 | 3,159 | 810 | 998 | 0 |
| 31 May 17 | 3,153 | 826 | 980 | 0 |
| 28 Feb 17 | 3,107 | 800 | 981 | 0 |
| 30 Nov 16 | 3,063 | 778 | 975 | 0 |
| 31 Aug 16 | 3,014 | 765 | 964 | 0 |
| 31 May 16 | 2,952 | 757 | 948 | 0 |
| 29 Feb 16 | 2,890 | 740 | 928 | 0 |
| 30 Nov 15 | 2,842 | 729 | 910 | 0 |
Kvalitetsintäkter: PAYX har inkomster av hög kvalitet.
Växande vinstmarginal: PAYX s nuvarande netto vinstmarginaler (27%) är lägre än förra året (29.7%).
Fritt kassaflöde vs resultatanalys
Analys av tidigare vinsttillväxt
Resultatutveckling: PAYX s intäkter har ökat med 6.7% per år under de senaste 5 åren.
Accelererande tillväxt: PAYX s intäktstillväxt under det senaste året ( 6.2% ) är under sitt 5-åriga genomsnitt ( 6.7% per år).
Resultat vs industri: PAYX vinsttillväxt under det senaste året ( 6.2% ) överträffade inte Professional Services branschen 8.2%.
Avkastning på eget kapital
Hög ROE: Medan PAYX s avkastning på eget kapital ( 47.12% ) är utestående, är detta mått skevt på grund av deras höga skuldnivå.
Avkastning på tillgångar
Avkastning på sysselsatt kapital
Upptäck starka bolag som tidigare presterat bra
Företagsanalys och finansiella data Status
| Uppgifter | Senast uppdaterad (UTC-tid) |
|---|---|
| Analys av företag | 2026/09/10 08:19 |
| Aktiekurs vid dagens slut | 2026/09/10 00:00 |
| Intäkter | 2026/05/31 |
| Årlig intjäning | 2026/05/31 |
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.
| Paket | Uppgifter | Tidsram | Exempel US-källa |
|---|---|---|---|
| Företagets finansiella ställning | 10 år |
| |
| Analytikernas konsensusuppskattningar | +3 år |
|
|
| Marknadspriser | 30 år |
| |
| Ägarskap | 10 år |
| |
| Förvaltning | 10 år |
| |
| Viktiga utvecklingstendenser | 10 år |
|
* 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 används för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och handledningar på Youtube.
Lär dig mer om det 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 34 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.
| Analytiker | Institution |
|---|---|
| null null | Argus Research Company |
| Mark Marcon | Baird |
| Lisa Dejong Ellis | Bernstein |