Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
146.19
+0.93 (0.64%)
At close: Nov 26, 2024, 4:00 PM
146.07
-0.12 (-0.08%)
After-hours: Nov 26, 2024, 7:47 PM EST
Paychex Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Paychex stock have an average target of 131.62, with a low estimate of 113 and a high estimate of 148. The average target predicts a decrease of -9.97% from the current stock price of 146.19.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Paychex stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 10 | 10 | 10 | 10 | 11 | 11 |
| Sell | 3 | 3 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 12 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JP Morgan | JP Morgan | Sell Maintains $133 → $139 | Sell | Maintains | $133 → $139 | -4.92% | Nov 19, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $126 → $131 | Hold | Maintains | $126 → $131 | -10.39% | Oct 2, 2024 |
| Stifel | Stifel | Hold Maintains $130 → $141 | Hold | Maintains | $130 → $141 | -3.55% | Oct 2, 2024 |
| Jefferies | Jefferies | Hold Maintains $120 → $130 | Hold | Maintains | $120 → $130 | -11.07% | Oct 2, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $130 → $148 | Hold | Maintains | $130 → $148 | +1.24% | Oct 2, 2024 |
Financial Forecast
Revenue This Year
5.63B
from 5.28B
Increased by 6.68%
Revenue Next Year
5.94B
from 5.63B
Increased by 5.47%
EPS This Year
5.09
from 4.67
Increased by 8.91%
EPS Next Year
5.39
from 5.09
Increased by 6.04%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.8B | 6.2B | 6.6B | ||
| Avg | 5.6B | 5.9B | 6.3B | ||
| Low | 5.4B | 5.6B | 5.9B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 10.3% | 9.5% | 10.6% | ||
| Avg | 6.7% | 5.5% | 5.7% | ||
| Low | 2.1% | 0.2% | -1.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 5.30 | 5.64 | 6.07 | ||
| Avg | 5.09 | 5.39 | 5.73 | ||
| Low | 4.83 | 5.09 | 5.34 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 13.5% | 10.9% | 12.5% | ||
| Avg | 8.9% | 6.0% | 6.2% | ||
| Low | 3.5% | 0.0% | -1.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.