Paychex (PAYX) Expected to Announce Quarterly Earnings on Wednesday

Paychex (NASDAQ:PAYX) is expected to be announcing its Q1 2027 results before the market opens on Wednesday, September 23rd. Analysts expect the company to post earnings of $1.32 per share and revenue of $1.6266 billion for the quarter. Paychex has set its FY 2027 guidance at 5.900-6.010 EPS. Individuals may review the information on the company’s upcoming Q1 2027 earning report page for the latest details on the call scheduled for Wednesday, September 23, 2026 at 9:30 AM ET.

Paychex (NASDAQ:PAYX) last announced its earnings results on Wednesday, June 24th. The business services provider reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.01. The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.60 billion. Paychex had a return on equity of 50.90% and a net margin of 27.03%.Paychex’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same period last year, the company earned $1.19 EPS. On average, analysts expect Paychex to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Paychex Stock Down 1.0%

Shares of PAYX opened at $115.01 on Tuesday. The company has a market capitalization of $40.91 billion, a PE ratio of 23.52, a PEG ratio of 2.44 and a beta of 0.82. Paychex has a 12 month low of $85.45 and a 12 month high of $130.88. The stock’s 50-day moving average price is $119.05 and its two-hundred day moving average price is $103.92. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.22.

Paychex Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Tuesday, July 28th were given a dividend of $1.19 per share. This represents a $4.76 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Tuesday, July 28th. Paychex’s dividend payout ratio (DPR) is 97.34%.

Insider Buying and Selling at Paychex

In related news, CFO Robert L. Schrader sold 2,600 shares of the business’s stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $115.09, for a total value of $299,234.00. Following the completion of the sale, the chief financial officer directly owned 18,547 shares of the company’s stock, valued at $2,134,574.23. The trade was a 12.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Joseph M. Tucci sold 3,907 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $98.25, for a total value of $383,862.75. Following the transaction, the director directly owned 67,364 shares in the company, valued at approximately $6,618,513. This trade represents a 5.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.60% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Stifel Nicolaus lifted their price objective on Paychex from $110.00 to $130.00 and gave the stock a “hold” rating in a research note on Wednesday, September 9th. Bank of America reduced their target price on Paychex from $450.00 to $225.00 in a report on Wednesday, July 15th. Jefferies Financial Group raised their price target on shares of Paychex from $105.00 to $120.00 and gave the stock a “hold” rating in a report on Wednesday, August 12th. Wolfe Research upgraded shares of Paychex from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, September 16th. Finally, Weiss Ratings raised shares of Paychex from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $126.76.

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.