Paychex (PAYX) Expected to Release Quarterly Earnings on Wednesday

Paychex (NASDAQ:PAYX) is projected to announce its Q1 2027 results before the market opens on Wednesday, September 23rd. Analysts expect Paychex 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. Investors can find conference call details on the company’s upcoming Q1 2027 earning report 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 analysts’ consensus estimates of $1.31 by $0.01. Paychex had a net margin of 27.03% and a return on equity of 50.90%. The company had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.60 billion. During the same quarter in the previous year, the business posted $1.19 earnings per share. The firm’s quarterly revenue was up 12.5% compared to the same quarter last year. On average, analysts expect Paychex to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Paychex Price Performance

Shares of NASDAQ PAYX opened at $116.14 on Monday. The firm’s 50-day moving average is $118.96 and its two-hundred day moving average is $103.78. The company has a market capitalization of $41.31 billion, a PE ratio of 23.75, a price-to-earnings-growth 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 $131.96. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.26 and a quick ratio of 1.26.

Paychex Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Tuesday, July 28th were paid a $1.19 dividend. The ex-dividend date of this dividend was Tuesday, July 28th. This represents a $4.76 dividend on an annualized basis and a yield of 4.1%. Paychex’s dividend payout ratio is presently 97.34%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Jefferies Financial Group increased their target price on Paychex from $105.00 to $120.00 and gave the company a “hold” rating in a report on Wednesday, August 12th. Stephens began coverage on Paychex in a report on Friday, September 4th. They issued an “equal weight” rating and a $132.00 price target for the company. Wells Fargo & Company upped their price objective on Paychex from $95.00 to $111.00 and gave the company an “underweight” rating in a research report on Wednesday, September 9th. Cantor Fitzgerald reaffirmed an “underweight” rating and set a $107.00 price objective on shares of Paychex in a research note on Monday, July 20th. Finally, Morgan Stanley lifted their price objective on Paychex from $107.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Paychex currently has a consensus rating of “Hold” and a consensus price target of $126.76.

Insiders Place Their Bets

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

About Paychex

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.