Paychex (PAYX) Projected to Post Quarterly Earnings on Wednesday

Paychex (NASDAQ:PAYX) will likely be issuing its Q4 2026 results before the market opens on Wednesday, June 24th. Analysts expect the company to announce earnings of $1.32 per share and revenue of $1.6006 billion for the quarter. Individuals may visit the the company’s upcoming Q4 2026 earning results page for the latest details on the call scheduled for Wednesday, June 24, 2026 at 9:30 AM ET.

Paychex (NASDAQ:PAYX) last announced its quarterly earnings results on Wednesday, March 25th. The business services provider reported $1.71 EPS for the quarter, beating the consensus estimate of $1.67 by $0.04. The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.78 billion. Paychex had a net margin of 25.84% and a return on equity of 48.52%. Paychex’s revenue was up 19.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.49 earnings per share. On average, analysts expect Paychex to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Paychex Stock Performance

PAYX opened at $100.28 on Wednesday. The business’s 50 day moving average is $94.30 and its 200-day moving average is $99.85. The stock has a market cap of $35.93 billion, a PE ratio of 22.09 and a beta of 0.84. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.13. Paychex has a twelve month low of $85.45 and a twelve month high of $154.29.

Paychex Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Wednesday, May 13th were given a $1.19 dividend. The ex-dividend date was Wednesday, May 13th. This represents a $4.76 annualized dividend and a yield of 4.7%. This is an increase from Paychex’s previous quarterly dividend of $1.08. Paychex’s payout ratio is 104.85%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PAYX. Morgan Stanley cut their target price on Paychex from $123.00 to $107.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 28th. Guggenheim began coverage on Paychex in a report on Thursday, March 19th. They set a “neutral” rating on the stock. Royal Bank Of Canada restated a “sector perform” rating on shares of Paychex in a research note on Thursday, May 28th. Stephens reduced their price objective on shares of Paychex from $125.00 to $105.00 and set an “equal weight” rating for the company in a report on Thursday, March 26th. Finally, Argus upgraded shares of Paychex to a “strong-buy” rating in a research report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, eleven have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $109.19.

Institutional Investors Weigh In On Paychex

Institutional investors and hedge funds have recently modified their holdings of the stock. Bison Wealth LLC grew its stake in Paychex by 3.0% during the 4th quarter. Bison Wealth LLC now owns 4,035 shares of the business services provider’s stock valued at $566,000 after acquiring an additional 117 shares in the last quarter. Brighton Jones LLC lifted its position in shares of Paychex by 26.3% in the fourth quarter. Brighton Jones LLC now owns 5,710 shares of the business services provider’s stock worth $801,000 after purchasing an additional 1,190 shares in the last quarter. Summit Securities Group LLC boosted its holdings in shares of Paychex by 1,770.9% during the fourth quarter. Summit Securities Group LLC now owns 1,029 shares of the business services provider’s stock worth $115,000 after purchasing an additional 974 shares during the period. Parsonex Advisory Services Inc. acquired a new stake in shares of Paychex during the fourth quarter worth approximately $201,000. Finally, Loomis Sayles & Co. L P grew its position in Paychex by 62.9% during the fourth quarter. Loomis Sayles & Co. L P now owns 808 shares of the business services provider’s stock valued at $91,000 after purchasing an additional 312 shares in the last quarter. 83.47% of the stock is owned by institutional investors and hedge funds.

Paychex Company Profile

Paychex, Inc, founded in 1971 by B. Thomas “Tom” Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company’s core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers’ compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.

Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools.