Paychex (NASDAQ:PAYX) Price Target Lowered to $115.00 at UBS Group

Paychex (NASDAQ:PAYX) had its price target decreased by stock analysts at UBS Group from $125.00 to $115.00 in a report issued on Thursday. The firm presently has a “neutral” rating on the business services provider’s stock. UBS Group’s target price suggests a potential upside of 9.88% from the company’s current price.

Other research analysts have also issued reports about the stock. Bank of America dropped their price target on shares of Paychex from $450.00 to $225.00 in a research note on Wednesday, July 15th. Cantor Fitzgerald reiterated an “underweight” rating and issued a $107.00 price objective on shares of Paychex in a research report on Monday, July 20th. Stephens began coverage on shares of Paychex in a research report on Friday, September 4th. They set an “equal weight” rating and a $132.00 target price for the company. Wells Fargo & Company increased their target price on Paychex from $95.00 to $111.00 and gave the company an “underweight” rating in a report on Wednesday, September 9th. Finally, Royal Bank Of Canada reissued a “sector perform” rating on shares of Paychex in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $128.18.

Paychex Stock Performance

NASDAQ:PAYX opened at $104.66 on Thursday. Paychex has a 12 month low of $85.45 and a 12 month high of $130.32. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.26 and a quick ratio of 1.26. The firm has a market capitalization of $37.22 billion, a PE ratio of 21.62, a price-to-earnings-growth ratio of 2.40 and a beta of 0.82. The business’s fifty day moving average price is $119.04 and its 200 day moving average price is $104.09.

Paychex (NASDAQ:PAYX) last issued its earnings results on Wednesday, September 23rd. The business services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.02. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.63 billion. Paychex had a return on equity of 50.90% and a net margin of 27.03%.The business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the company earned $1.22 EPS. Paychex has set its FY 2027 guidance at 5.896-6.006 EPS. On average, sell-side analysts anticipate that Paychex will post 5.96 earnings per share for the current fiscal year.

Insider Buying and Selling at Paychex

In other Paychex news, Director Joseph M. Tucci sold 3,907 shares of the company’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $98.25, for a total transaction of $383,862.75. Following the completion of the sale, the director directly owned 67,364 shares in the company, valued at $6,618,513. This represents a 5.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Robert L. Schrader sold 2,600 shares of Paychex stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $115.09, for a total value of $299,234.00. Following the completion of the transaction, the chief financial officer directly owned 18,547 shares in the company, valued at $2,134,574.23. This represents a 12.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 0.60% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Hilton Head Capital Partners LLC purchased a new stake in Paychex during the 4th quarter worth $31,000. Field & Main Bank acquired a new stake in shares of Paychex in the 2nd quarter valued at about $33,000. Leonteq Securities AG lifted its position in shares of Paychex by 2,669.2% during the first quarter. Leonteq Securities AG now owns 360 shares of the business services provider’s stock worth $33,000 after purchasing an additional 347 shares during the last quarter. Castleark Management LLC bought a new position in shares of Paychex during the second quarter worth about $35,000. Finally, Elevation Wealth Partners LLC grew its stake in Paychex by 45.5% in the second quarter. Elevation Wealth Partners LLC now owns 400 shares of the business services provider’s stock worth $39,000 after purchasing an additional 125 shares in the last quarter. Hedge funds and other institutional investors own 83.47% of the company’s stock.

Paychex News Summary

Here are the key news stories impacting Paychex this week:

• Positive Sentiment: Paychex reported fiscal Q1 adjusted earnings of $1.34 per share, above the $1.32–$1.33 analyst consensus, while revenue increased 5.9% year over year to $1.63 billion, in line with expectations. Operating margin expanded to 38.0% from 35.2%. Paychex Reports First Quarter Fiscal 2027 Results
• Positive Sentiment: PEO and Insurance Solutions revenue rose 12% to $367.6 million, prompting Paychex to raise its full-year growth outlook for that segment to 7%–8%, from 6%–7%.
• Positive Sentiment: JPMorgan upgraded PAYX from “underweight” to “neutral” and assigned a $115 price target, suggesting potential upside from the stock’s recent level. JPMorgan upgrades Paychex
• Positive Sentiment: The company introduced WISE Hire, an agentic AI recruiting product designed to automate candidate sourcing, matching and workflow management. The offering could support longer-term cross-selling and platform expansion. Paychex Introduces WISE Hire

Paychex Company Profile

Paychex, Inc is a provider of payroll, human resources, and workforce management solutions for businesses of varying sizes. Its offerings include payroll processing, tax administration, time and attendance tracking, employee benefits administration, retirement services, workers’ compensation and business insurance, recruiting, and compliance support.

The company also provides professional employer organization services, helping businesses manage employment administration and human resources through an integrated platform.