Paychex (PAYX) Stock Forecast, Price Target & Predictions


PAYX Stock Forecast


Paychex (PAYX) stock forecast, based on 12 Wall Street analysts, predicts a 12-month average price target of $137.00, with a high of $142.00 and a low of $132.00. This represents a -6.96% decline from the last price of $147.25.

$115 $122 $129 $136 $143 $150 High: $142 Avg: $137 Low: $132 Last Closed Price: $147.25

PAYX Stock Rating


Paychex stock's rating consensus is Hold, based on 12 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (8.33%), 8 Hold (66.67%), 3 Sell (25.00%), and 0 Strong Sell (0.00%).

Hold
Total 12 3 8 1 0 Strong Sell Sell Hold Buy Strong Buy

PAYX Price Target Upside V Benchmarks


TypeNameUpside
StockPaychex-6.96%
SectorIndustrials Stocks 17.81%

Price Target Trends


1M3M12M
# Anlaysts--8
Avg Price Target--$128.88
Last Closing Price$147.25$147.25$147.25
Upside/Downside---12.48%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Feb, 25-1141218
Jan, 25-1151320
Dec, 24-1141319
Nov, 2421151322
Oct, 2421152222
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 02, 2024Kevin McVeighUBS$142.00$141.650.25%-3.57%
Sep 22, 2024Ramsey El-AssalBarclays$132.00$133.26-0.95%-10.36%
Jun 28, 2024John EadeArgus Research$135.00$118.9113.53%-8.32%
Jun 27, 2024James FaucetteMorgan Stanley$122.00$117.393.93%-17.15%
Jun 27, 2024Mark MarconRobert W. Baird$124.00$117.665.39%-15.79%
Jun 26, 2024David TogutEvercore ISI$130.00$117.3910.74%-11.71%
Apr 02, 2024David TogutEvercore ISI$116.00$120.21-3.50%-21.22%
Apr 01, 2024David GrossmanStifel Nicolaus$130.00$121.507.00%-11.71%
Sep 27, 2023Moshe KatriWedbush$115.00$112.722.02%-21.90%
Sep 27, 2023James FaucetteMorgan Stanley$125.00$112.7210.89%-15.11%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Oct 02, 2024UBSNeutralNeutralhold
Oct 01, 2024JefferiesHoldHoldhold
Sep 30, 2024CitigroupUnderweightUnderweighthold
Sep 25, 2024CitigroupNeutralNeutralhold
Sep 22, 2024BarclaysEqual-WeightEqual-Weighthold
Sep 12, 2024RBC CapitalSector PerformSector Performhold
Sep 12, 2024Cowen & Co.HoldHoldhold
Aug 20, 2024RBC CapitalSector PerformSector Performhold
Jun 27, 2024WedbushSector PerformSector Performhold
Jun 27, 2024Morgan StanleyEqual-WeightEqual-Weighthold

Financial Forecast


EPS Forecast

Dec 20 Dec 21 May 23 May 24 May 25 May 26 May 27
Dec 20Dec 21May 23May 24May 25May 26May 27
Reported--$4.32----
Avg Forecast$2.99$3.75$4.28$4.70$4.99$5.31$5.66
High Forecast$3.02$3.78$4.32$4.72$5.01$5.38$5.82
Low Forecast$2.97$3.72$4.24$4.66$4.94$5.24$5.45
Surprise %--0.93%----

Revenue Forecast

$4B $4B $5B $5B $6B $7B Dec 20 Dec 21 May 23 May 24 May 25 May 26 May 27
Dec 20Dec 21May 23May 24May 25May 26May 27
Reported--$5.01B----
Avg Forecast$4.01B$4.54B$5.00B$5.27B$5.52B$5.82B$6.15B
High Forecast$4.03B$4.57B$5.03B$5.31B$5.55B$5.89B$6.15B
Low Forecast$3.98B$4.51B$4.96B$5.26B$5.51B$5.75B$6.15B
Surprise %--0.15%----

Net Income Forecast

$500M $900M $1B $2B $2B $3B Dec 20 Dec 21 May 23 May 24 May 25 May 26 May 27
Dec 20Dec 21May 23May 24May 25May 26May 27
Reported--$1.56B----
Avg Forecast$992.16M$1.17B$1.55B$1.63B$1.81B$1.92B$2.04B
High Forecast$1.19B$1.40B$1.56B$1.96B$1.81B$1.95B$2.11B
Low Forecast$793.73M$932.51M$1.54B$1.30B$1.79B$1.90B$1.97B
Surprise %--0.46%----

PAYX Forecast FAQ


Is Paychex stock a buy?

Paychex stock has a consensus rating of Hold, based on 12 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 8 Hold, 3 Sell, and 0 Strong Sell, reflecting a consensus that Paychex is a neutral investment for most analysts.

What is Paychex's price target?

Paychex's price target, set by 12 Wall Street analysts, averages $137 over the next 12 months. The price target range spans from $132 at the low end to $142 at the high end, suggesting a potential -6.96% change from the previous closing price of $147.25.

How does Paychex stock forecast compare to its benchmarks?

Paychex's stock forecast shows a -6.96% downside, underperforming the average forecast for the industrials stocks sector (17.81%).

What is the breakdown of analyst ratings for Paychex over the past three months?

  • February 2025: 0% Strong Buy, 5.56% Buy, 77.78% Hold, 5.56% Sell, 11.11% Strong Sell.
  • January 2025: 0% Strong Buy, 5.00% Buy, 75.00% Hold, 5.00% Sell, 15.00% Strong Sell.
  • December 2024: 0% Strong Buy, 5.26% Buy, 73.68% Hold, 5.26% Sell, 15.79% Strong Sell.

What is Paychex’s EPS forecast?

Paychex's average annual EPS forecast for its fiscal year ending in December 2024 is $4.7, marking a 8.80% increase from the reported $4.32 in 2023. Estimates for the following years are $4.99 in 2025, $5.31 in 2026, and $5.66 in 2027.

What is Paychex’s revenue forecast?

Paychex's average annual revenue forecast for its fiscal year ending in December 2024 is $5.27B, reflecting a 5.31% increase from the reported $5.01B in 2023. The forecast for 2025 is $5.52B, followed by $5.82B for 2026, and $6.15B for 2027.

What is Paychex’s net income forecast?

Paychex's net income forecast for the fiscal year ending in December 2024 stands at $1.63B, representing an 4.65% increase from the reported $1.56B in 2023. Projections indicate $1.81B in 2025, $1.92B in 2026, and $2.04B in 2027.