Paychex (PAYX) Stock Price, Analyst Forecasts, Price Targets, Ratings, News & Funds Holding
139.06 USD
At close Jan 10, 4:00 PM EST
After hours
139.06
+0.00
0.00%
1 day
0.00%
5 days
1.11%
1 month
-2.34%
3 months
-0.17%
6 months
18.89%
Year to date
0.40%
1 year
16.97%
5 years
63.08%
10 years
195.37%
 

About: Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, founded in 1971, services over 745,000 clients and pays 1 in 12 US private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.

Employees: 16,500

6
Funds holding %
of 6,810 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

45% more first-time investments, than exits

New positions opened: 136 | Existing positions closed: 94

12% more capital invested

Capital invested by funds: $33.3B [Q2] → $37.4B (+$4.11B) [Q3]

7% more funds holding in top 10

Funds holding in top 10: 15 [Q2] → 16 (+1) [Q3]

1% more funds holding

Funds holding: 1,492 [Q2] → 1,513 (+21) [Q3]

0.32% less ownership

Funds ownership: 77.98% [Q2] → 77.66% (-0.32%) [Q3]

4% less repeat investments, than reductions

Existing positions increased: 546 | Existing positions reduced: 567

16% less call options, than puts

Call options by funds: $352M | Put options by funds: $420M

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$139
0%
upside
Avg. target
$144
3%
upside
High target
$148
6%
upside

5 analyst ratings

positive
0%
neutral
80%
negative
20%
Barclays
Ramsey El-Assal
65% 1-year accuracy
35 / 54 met price target
1%upside
$140
Equal-Weight
Maintained
23 Dec 2024
RBC Capital
Ashish Sabadra
60% 1-year accuracy
34 / 57 met price target
6%upside
$148
Sector Perform
Reiterated
20 Dec 2024
TD Cowen
Bryan Bergin
89% 1-year accuracy
25 / 28 met price target
5%upside
$146
Hold
Maintained
3 Dec 2024
Stifel
Bryan Bergin
89% 1-year accuracy
25 / 28 met price target
5%upside
$146
Hold
Maintained
3 Dec 2024
JP Morgan
Tien-Tsin Huang
71% 1-year accuracy
72 / 102 met price target
0%downside
$139
Underweight
Maintained
19 Nov 2024

Financial journalist opinion

Based on 20 articles about PAYX published over the past 30 days

Neutral
Business Wire
14 hours ago
Paychex Declares Quarterly Dividend
ROCHESTER, N.Y.--(BUSINESS WIRE)--The Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend on Paychex common stock of $0.98 per share payable on February 27, 2025 to shareholders of record as of February 7, 2025. About Paychex Paychex, Inc. (Nasdaq: PAYX) is an industry-leading HCM company delivering a full suite of technology and advisory services in human resources, employee benefit solutions, insurance, and payroll. The company serves over 745,000 customers in the U.
Paychex Declares Quarterly Dividend
Neutral
Business Wire
2 days ago
Pace of U.S. Small Business Job Growth Moderated in 2024
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--Job growth in U.S. small businesses with fewer than 50 employees averaged modest employment growth throughout 2024, according to the Paychex Small Business Employment Watch. The national jobs index was relatively unchanged (0.02 percentage points) at the close of the year in December and has held its pace since the summer. At 2.96% in December, hourly earnings growth for U.S. small business workers remained below three percent for the fifth consecutive month. “.
Pace of U.S. Small Business Job Growth Moderated in 2024
Neutral
PRNewsWire
3 days ago
Apax Funds to Sell Their Majority Stake in Paycor HCM, Inc. to Paychex, Inc.
NEW YORK , Jan. 7, 2025 /PRNewswire/ -- Apax Partners LLP ("Apax") today announced that Paycor HCM, Inc. (Nasdaq: PYCR) ("Paycor"), a leading provider of human capital management ("HCM") software, has entered into a definitive agreement with Paychex, Inc. (Nasdaq: PAYX) ("Paychex") to be acquired in an all-cash transaction for $22.50 per share, representing a total enterprise value of $4.1 billion.  Funds advised by Apax, together with certain of their affiliates, currently own a majority of Paycor's outstanding common stock.
Apax Funds to Sell Their Majority Stake in Paycor HCM, Inc. to Paychex, Inc.
Positive
WSJ
3 days ago
Paychex to Acquire Competitor Paycor HCM
Payroll-services company Paychex is acquiring rival Paycor HCM in a deal with an enterprise value of about $4.1 billion.
Paychex to Acquire Competitor Paycor HCM
Neutral
Business Wire
3 days ago
Paychex Enters into Definitive Agreement to Acquire Paycor
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) (“Paychex”), an industry-leading human capital management (HCM) company delivering a full suite of technology and advisory solutions in human resources, employee benefit solutions, insurance, and payroll today announced it has entered into a definitive agreement to acquire Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of HCM, payroll and talent software in an all-cash transaction for $22.50 per share, representing a.
Paychex Enters into Definitive Agreement to Acquire Paycor
Positive
Zacks Investment Research
4 days ago
G or PAYX: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Outsourcing sector have probably already heard of Genpact (G) and Paychex (PAYX). But which of these two stocks is more attractive to value investors?
G or PAYX: Which Is the Better Value Stock Right Now?
Neutral
Business Wire
1 week ago
Paychex Flex® Perks Wins Silver in Brandon Hall Group's Excellence in Technology Awards
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has won a silver Brandon Hall Group Excellence in Technology award. Paychex Flex® Perks received a silver award in the “Best Advance in HR or Workforce Management Technology for Small and Medium-Sized Businesses” category, marking the 11th year that the global research and analyst firm has recognize.
Paychex Flex® Perks Wins Silver in Brandon Hall Group's Excellence in Technology Awards
Positive
Seeking Alpha
3 weeks ago
Paychex: Payrolling In Profits, But Valuation Could Use A Check
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.
Paychex: Payrolling In Profits, But Valuation Could Use A Check
Neutral
Zacks Investment Research
3 weeks ago
G or PAYX: Which Is the Better Value Stock Right Now?
Investors looking for stocks in the Outsourcing sector might want to consider either Genpact (G) or Paychex (PAYX). But which of these two stocks is more attractive to value investors?
G or PAYX: Which Is the Better Value Stock Right Now?
Positive
Zacks Investment Research
3 weeks ago
Compared to Estimates, Paychex (PAYX) Q2 Earnings: A Look at Key Metrics
Although the revenue and EPS for Paychex (PAYX) give a sense of how its business performed in the quarter ended November 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Compared to Estimates, Paychex (PAYX) Q2 Earnings: A Look at Key Metrics
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