Equites Radar

PAYX · Paychex, Inc.

Software - ApplicationUnited StatesAnalyst view: Hold

$113.55

+2.94% last session

End-of-day data · updated 2026-07-28

Mildly bullish3 bullish · 2 bearish technical signals
Consensus: Hold (3.17 from 14 analysts)
To mean target: -4.4%

Market cap

$41B

Enterprise value

$45B

Trailing P/E

23.6

Forward P/E

18.1

Dividend yield

4.0%

Beta

Avg volume

3M

Employees

18K

2D change

5D change

4.36%

10D change

0.95%

30D change

15.60%

60D change

19.08%

MTD change

12.43%

YTD change

5.35%

Analyst Outlook

Consensus ratingHold
Recommendation mean (1–5)3.17
Covering analysts14
Mean price target$108.50
Low price target$95.00
Upside to mean target-4.4%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)71.3
50-day MA$102.13
200-day MA$102.22
Price vs 50-day MA+16.4%
Price vs 200-day MA+16.3%
MACD histogram0.42
Volume vs 3-month avg1.5×
52w low $84.4852w high $143.22

Analyst sentiment over time — PAYX

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-22

Latest call per bank · past 12 months

UBS

Neutral

$115

+1.3% vs price
▲ raised from $105Maintains · 2026-07-22

Morgan Stanley

Equal-Weight

$109

-4.0% vs price
▲ raised from $107Maintains · 2026-06-30

JP Morgan

Underweight

$105

-7.5% vs price
▲ raised from $100Maintains · 2026-06-25

Citigroup

Buy

$140

+23.3% vs price
▲ raised from $99.00Upgrade · 2026-06-15

Wells Fargo

Underweight

$95.00

-16.3% vs price
▼ cut from $116Maintains · 2026-03-26

RBC Capital

Sector Perform

$102

-10.2% vs price
▼ cut from $125Maintains · 2026-03-19

Jefferies

Hold

$118

+3.9% vs price
▼ cut from $130Maintains · 2025-12-08

Recent rating actions

DateFirmActionRatingPrice target
2026-07-22UBSMaintainsNeutral$105 $115
2026-06-30Morgan StanleyMaintainsEqual-Weight$107 $109
2026-06-25UBSMaintainsNeutral$100 $98.00
2026-06-25JP MorganMaintainsUnderweight$100 $105
2026-06-17StifelMaintainsHold$105 $110
2026-06-15CitigroupUpgradeNeutralBuy$99.00 $140
2026-06-08TD CowenMaintainsHold$94.00 $98.00
2026-04-13UBSMaintainsNeutral$98.00 $94.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 71 — overbought territory; the recent run-up may be due for a pause.
  • Price vs 50-day MA: Trading 16.4% above the 50-day MA ($102.13).
  • Price vs 200-day MA: Trading 16.3% above the 200-day MA ($102.22).
  • MA cross: The 50-day MA sits below the 200-day MA (death-cross regime) — the longer-term trend points down.
  • MACD (12,26,9): MACD histogram is positive (+0.41) — short-term momentum is improving.
  • 52-week range: Price sits between the 52-week low ($84.48) and high ($143.22).

PAYX Price Chart

Loading chart for PAYX

Fundamentals

Revenue (TTM)$4.0B
EBITDA$2.0B
Free cash flow
Operating cash flow$1.0B
Book value / share$10.50
Net debt / EBITDA2.2
WACC
Revenue growth12.00%
Earnings growth43.00%

About Paychex, Inc.

Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for human resources, payroll processing, employee benefits, and insurance services for small to medium-sized businesses in the United States, Europe, Canada, India, and Israel. It offers technology and advisory solutions; and payroll tax administration services. The company also provides retirement solutions, such as plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services; HCM solutions from recruiting and hiring to retirement; and talent management and talent acquisition services. In addition, it offers payroll solutions, including calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients' payroll obligations. Further, the company provides workforce management solutions; benefits administration solutions; digital marketplace for earned wages, financial wellness solutions, and voluntary lifestyle benefits; administrative services organization HR outsourcing solutions; solutions to payroll and non-payroll customers; retirement and funding solutions; and 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. Additionally, it offers payroll, HR, employee benefits administration, retirement, insurance, risk management outsourcing, and access to professionally trained HR representatives, virtually and on-site. It markets and sells its solutions primarily through its direct sales force. Paychex, Inc. was founded in 1971 and is headquartered in Rochester, New York.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.