pretickt

Is PAYX a good stock to buy?

Paychex, Inc. · end-of-day data as of Nov 13, 2026

Paychex
PAYX · $41.18B
$115.68+0.4%
Nov 13, 2026 · close
$100$120SepOctNov9:3016:003 months -2.6%Nov 13 · close
▲ 6
  • P/E vs sector-16.0%
  • FCF yield+4.9%
  • News
  • MAs4 of 4
  • MA20×50Golden 6d ago
  • MACD0.01
Neutral
  • Earnings in35d
  • P/E23.0x
  • RSI56
  • Support-2.6%
  • Resistance+1.9%
  • Off 52w high-9.6%
  • Volume0.5x
  • Bollingerupper half
  • P/E vs own+0.9%
  • ConsensusHold · 19
  • Trendsideways
  • 52w range$85–$128
  • ATR+2.7%
  • Off ATH-28.3%
▼ 3
  • PT$113.00 -2.3%
  • Insiders-$844K
  • Sector▼ -11.7%

Updates with the 15-min delayed price. Not a forecast or investment advice.

Is Paychex a good stock to buy?

Paychex is strong on 4 of the 5 questions about the business. The price is about usual: 23.0 times its earnings, near its 3-year median of 26.9 (Nov 13, 2026). pretickt does not say whether to buy or sell.

  1. Demand growing
  2. Advantage some edge
  3. Economics very profitable
  4. Execution delivers
  5. Fragility sturdy
  6. Price about usual
DemandDo people want more of what it sells?growing

PAYX sales growth revenue growth

+9%a year, for the last 3 years

Paychex's sales grew 9% a year for 3 years, to $6.51B in fiscal 2026.

PAYX analysts' forecast revenue estimates

+5%the sales they expect next fiscal year, on the last

Analysts expect Paychex's sales to grow 5% to $6.86B in fiscal 2027 (14 analysts).

PAYX peers

pretickt analysis+14%its sales in 12 months, on a year before

Paychex's sales grew 14% in the 12 months to Aug 31, 2026, faster than Carrier (+3%), slower than Rocket Lab (+59%), Ferrovial (+57%) and Comfort Systems USA (+51%).

PAYX sales by business revenue by segment

77%of its sales from Management Solutions

Management Solutions brought Paychex 77% of its sales in fiscal 2026; Peo And Insurance Solutions 23%.

Advantage moatIs it hard to copy?some edge

PAYX return on capital ROIC

pretickt analysis33%earned before tax on the money invested in it

Paychex earned 33% before tax on the capital invested in it in the 12 months to Aug 31, 2026; Comfort Systems USA 135%, Ferrovial 12%, Carrier -6% and Rocket Lab -17%.

PAYX margin on each sale gross margin

74%left after making the product

Paychex kept 74% of each sale after making the product in the 12 months to Aug 31, 2026; its peers' median is 31%.

EconomicsDoes it make good money?very profitable

PAYX margin after costs profit margin

39%of sales left after running the business

Paychex's operating margin was 39% in the 12 months to Aug 31, 2026, against 41% in fiscal 2023.

PAYX cash generated free cash flow

$2.02Bcash left after investing, last 12 months

Paychex generated $2.02B of free cash flow in the 12 months to Aug 31, 2026, more than its reported profit.

PAYX profit per share

+7%in its last fiscal year

Paychex's earnings per share grew 7% in fiscal 2026, to $4.88.

ExecutionDoes it deliver what it promises?delivers

PAYX earnings vs estimates

7 of 8quarters above the analysts' estimate

Paychex beat the analysts' profit estimate in 7 of its last 8 quarters, the latest on Sep 23, 2026.

PAYX insider selling

-$4.42Msold, net, by its executives in 12 months

Paychex's executives and directors sold a net $4.42M of shares in the 12 months to Nov 13, 2026 ($4.62M sold, $197K bought).

PAYX number of employees

-7%fewer people in a year

Paychex had 17,600 employees at the end of fiscal 2026, 7% fewer than a year before.

PAYX CEO pay

$10.27Mfor fiscal 2026, 82% of it in stock and options

Paychex paid its CEO $10.27M for fiscal 2026, 82% of it in stock and options.

Fragility risksCould something break it?sturdy

PAYX financial health Altman Z-score

3.3Altman Z-score, safe above 3

Paychex's Altman Z-score is 3.3 (Nov 13, 2026), above 3, where the safe zone starts.

PAYX quality checks Piotroski score

8 of 9checks passed

Paychex passes 8 of the 9 Piotroski checks in the 12 months to Aug 31, 2026; it misses on long-term debt.

PAYX shareholders institutional ownership

pretickt analysis
  • Vanguard10.2% ▲
  • Capital Group8.1% ▼
  • BlackRock7.8% ▼
1,578institutions hold it; the largest sold shares

1,578 institutions hold 86% of Paychex's shares (Jun 30, 2026); Vanguard added shares that quarter, Capital Group and BlackRock sold some.

PAYX in past recessions

pretickt analysis-4%its sales in the worst one

Paychex's sales fell in 1 of the last 2 US recessions, by as much as 4% in fiscal 2010.

Price valuationIs the price reasonable?about usual

PAYX price vs profit P/E ratio

23.0×a year's earnings

Paychex's P/E ratio is 23.0 (Nov 13, 2026), near its 3-year median of 26.9.

PAYX analysts' target price target

-2%to their average target

Analysts' average price target for Paychex is $113, 2% below the Nov 13, 2026 close of $115.68.

PAYX analyst ratings, 90 days

pretickt analysis
  • Wolfe Researchupgrade
  • JP Morganupgrade
2 up, 0 downratings raised and cut

In the 90 days to Nov 13, 2026, Wolfe Research and JP Morgan upgraded Paychex.

PAYX growth priced in fair value

pretickt analysis+7%a year, for ten years, to be worth the price

At $115.68 a share, Paychex's free cash flow must grow about 7% a year for ten years to be worth the price (Nov 13, 2026).

What is Paychex's P/E ratio?

Paychex's P/E ratio is 23.0 (Nov 13, 2026), near its 3-year median of 26.9.

Is Paychex profitable?

Paychex's operating margin was 39% in the 12 months to Aug 31, 2026, against 41% in fiscal 2023. Paychex generated $2.02B of free cash flow in the 12 months to Aug 31, 2026, more than its reported profit.

Are insiders selling Paychex stock?

Paychex's executives and directors sold a net $4.42M of shares in the 12 months to Nov 13, 2026 ($4.62M sold, $197K bought).

How does Paychex make money?

Management Solutions brought Paychex 77% of its sales in fiscal 2026; Peo And Insurance Solutions 23%.

Who owns Paychex stock?

1,578 institutions hold 86% of Paychex's shares (Jun 30, 2026); Vanguard added shares that quarter, Capital Group and BlackRock sold some.

How many employees does Paychex have?

Paychex had 17,600 employees at the end of fiscal 2026, 7% fewer than a year before.

From the companies' statements (FMP), their filings read by pretickt, the analysts and the insiders, as of Nov 13, 2026. Each card says what a fact means for its question, never what to do with the stock: for information only, not investment advice.