PAYX Add to watchlist $96.98 +1.47 (+1.54%) Last updated: May 31, 2026 06:58
52-Week Range
$96.98
$85.45 $96.98 $161.24

Fundamentals Overview

Paychex, Inc. is near the low of its 52-week range with moderate valuation, trading relatively flat today.

Valuation moderate

P/E 21.4 P/B 8.68 P/S 5.49

Intrinsic value (DCF)

+43.6% upside vs price

Profitability

Net margin 25.8%

Risk (Beta)

0.82 — in line vol

Earnings & growth

EPS $4.54 Rev +16.1% Profit +41.7% vs prior qtr

BullzEye Analysis

Our composite tilts Buy on technicals (e.g. RSI, ADX, trend), fundamentals, sentiment, sector and index context, and risk.

Composite Signal

Sell
Buy
Buy — 69% confidence Risk: Moderate Volatility — Beta 0.82. Diversify and only invest what you can afford to lose.

Supporting (Buy):

DCF +43.6% upside vs price · Analyst grade: B+ · 3M vs Industrials sector: +7.7%

Not financial advice. For education and research only; do your own research and consider a financial advisor before investing.

Key Stats

Market Cap
$34.75B
P/E (TTM)
21.37
EPS (TTM)
$4.54
Dividend Yield
4.57%
52-Week Range
$85.45 - $161.24
Volume vs Avg
N/A
Beta
0.82

About

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 empl...
Sector: Industrials
Headquarters: US
Employees: 16,500
IPO Date: Aug 1983
Beta: 0.82 (Less volatile than market)

Ratings & Grades at a Glance

Overall rating: B+. Current institutional positions: Equal Weight: 4, Hold: 7, Market Perform: 3, Neutral: 7, Sector Perform: 2, Underweight: 7.

Financial story & AI narrative

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Valuation & Ratios

Valuation, liquidity, and profitability metrics are consolidated here (including ratios that previously appeared in the Financials story). Trailing (TTM) vs forward-looking (e.g. DCF) is noted on each line where it matters.

DCF vs price: DCF estimate is $139.30; current price is $96.98. That’s a +43.6% gap. When the gap is large (e.g. >20%), that’s divergence; when they’re close, that’s convergence. Differences can reflect growth expectations, sector premiums, or conservative vs. optimistic assumptions. Use DCF as one input alongside technicals and sentiment.

Metric Value
Valuation
P/E (TTM) 21.37
DCF value (model) $139.30 (43.6% upside)
PEG (TTM) N/A
P/B (TTM) 8.68
P/S (TTM) 5.49
P/FCF (TTM) 16.15
Liquidity & enterprise
Current Ratio (TTM) 1.26
Quick Ratio (TTM) 1.26
Cash Ratio (TTM) 0.23
Profitability
ROE (TTM) N/A
ROA (TTM) N/A
Revenue growth (YoY) N/A
Net margin (TTM) 25.84%
Gross margin (TTM) 73.93%
Operating margin (TTM) 36.9%
Debt to equity (TTM) N/A

Latest News

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Price Target, Ratings & Grades

Analyst price targets, consensus, rating snapshot, and institutional grades for PAYX.

Analyst Sentiment at a Glance

B+
Equal Weight 4Hold 7Market Perform 3Neutral 7Sector Perform 2Underweight 7
Price Target Consensus
Current $96.98
Median $110.00
Consensus $112.14
Low consensus $98.00
High consensus $126.00

Stock Grades (Institutions)

Institution Action Previous Grade New Grade Date
UBS maintain Neutral Neutral 2026-04-13
JP Morgan maintain Underweight Underweight 2026-03-26
Wells Fargo maintain Underweight Underweight 2026-03-26
TD Cowen maintain Hold Hold 2026-03-26
Baird maintain Neutral Neutral 2026-03-26
Citigroup maintain Neutral Neutral 2026-03-26
RBC Capital maintain Sector Perform Sector Perform 2026-03-19
BMO Capital maintain Market Perform Market Perform 2026-03-13
Morgan Stanley maintain Equal Weight Equal Weight 2025-12-22
Citigroup maintain Neutral Neutral 2025-12-22
JP Morgan maintain Underweight Underweight 2025-12-22
Stifel maintain Hold Hold 2025-12-17
Wells Fargo maintain Underweight Underweight 2025-12-09
BMO Capital maintain Market Perform Market Perform 2025-12-09
Jefferies maintain Hold Hold 2025-12-08
TD Cowen maintain Hold Hold 2025-12-01
Morgan Stanley maintain Equal Weight Equal Weight 2025-10-20
Morgan Stanley maintain Equal Weight Equal Weight 2025-10-01
JP Morgan maintain Underweight Underweight 2025-10-01
BMO Capital maintain Market Perform Market Perform 2025-10-01
Stifel maintain Hold Hold 2025-09-22
UBS maintain Neutral Neutral 2025-09-17
Citigroup maintain Neutral Neutral 2025-08-21
JP Morgan maintain Underweight Underweight 2025-08-14
Morgan Stanley maintain Equal Weight Equal Weight 2025-06-27
Jefferies maintain Hold Hold 2025-06-26
Stifel maintain Hold Hold 2025-06-26
UBS maintain Neutral Neutral 2025-06-26
JP Morgan maintain Underweight Underweight 2025-06-18
RBC Capital maintain Sector Perform Sector Perform 2025-06-03