PAYX
Paychex Inc
NASDAQ: PAYX · TECHNOLOGY · SOFTWARE - APPLICATION
$93.88
+1.06% today
Updated 2026-06-05
Market cap
$36.05B
P/E ratio
22.21
P/S ratio
9.09x
EPS (TTM)
$4.53
Dividend yield
—
52W range
$84 – $149
Volume
3.3M
WallStSmart proprietary scores
65
out of 100
Grade: B
Buy
Investment rating
6.7
Growth
B4.0
Quality
C9.5
Profitability
A+4.0
Valuation
C3/9
Piotroski F-Score
Weak
1.3
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →202 stocks currently score above 75
Price targets
Analyst target
$114.73
+22.21%
12-Month target
$90.58
-3.52%
Intrinsic (DCF)
$62.34
Margin of safety
-52.13%
1 Strong Buy1 Buy13 Hold3 Sell1 Strong Sell
Price chart
Stock snapshot
Strengths
+ Profit margin 26.60% — above average
+ ROE 40.78% — strong efficiency
+ Free cash flow $761.50M — positive
+ Revenue growth 19.90% QoQ
Risks
- Piotroski 3/9 — weak financial health
- Altman Z 1.32 — distress zone
- 52.13% above intrinsic value
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $4.61B | $5.01B | $5.28B | $5.57B | $3.97B | $6.6B |
| Net income | $1.39B | $1.56B | $1.69B | $1.66B | $560.30M | — |
| EPS | — | — | — | — | $4.53 | $5.60 |
| Free cash flow | $1.37B | $1.56B | $1.74B | $1.76B | $761.50M | — |
| Profit margin | 30.20% | 31.10% | 32.03% | 29.74% | 26.60% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-01 | GOLISANO, B THOMAS | Sale | 1,032 | $96.98 |
| 2026-05-13 | ROALDSEN, ELIZABETH | Sale | 459 | $90.00 |
| 2026-05-08 | VELLI, JOSEPH M | Sale | 10,220 | — |
Peer comparison
Smart narrative
Paychex Inc trades at $93.88. representing a P/E of 22.21x trailing earnings. Our Smart Value Score of 65/100 indicates the stock is good. The company scores 3/9 on the Piotroski F-Score. With an Altman Z-Score of 1.32, it sits in the distress. TTM revenue stands at $3.97B. with profit margins at 26.60%. Our DCF model estimates intrinsic value at $62.34.
Frequently asked questions
What is Paychex Inc's stock price?
Paychex Inc (PAYX) trades at $93.88, on a P/E of 22.2x and a P/S of 9.1x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Paychex Inc overvalued?
Paychex Inc carries a Smart Value Score of 65/100 (Grade B), which we rate Buy. That score blends growth, quality, and valuation into one read. On valuation specifically, our conservative DCF puts intrinsic value at $62.34 against the $93.88 price, so on cash flow terms the market is paying a premium for Paychex Inc's growth. The Buy rating reflects that growth and quality, while the DCF flags that the price already assumes a lot.
What is the price target of Paychex Inc (PAYX)?
The 12-month analyst consensus target is $114.73, about 22.2% above the current $93.88. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of PAYX by 2030?
Our research-backed model puts the 2030 base case at $284.27, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is the intrinsic value of Paychex Inc (PAYX)?
Our DCF model estimates intrinsic value at $62.34, a -52.1% margin of safety versus today's $93.88. Intrinsic value is what the projected cash flows are worth today. A negative reading means the price is running ahead of that conservative estimate, leaving little downside cushion if growth slows.
What is Paychex Inc's revenue?
Paychex Inc's trailing twelve-month revenue is $3.97B, and our model projects it reaching about $8.62B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Paychex Inc's Altman Z-Score is 1.32, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorTECHNOLOGY
IndustrySOFTWARE - APPLICATION
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio9.09x
ROE40.78%
Beta0.89
50D MA$93.88
200D MA$107.51
Shares out0.36B
Float0.32B
Short ratio—
Avg volume3.3M
Performance
1 week+0.00%
1 month+9.82%
3 months+9.99%
YTD-10.39%
1 year—
3 years—
5 years—