Paychex, Inc. (PAYX)
NASDAQ: PAYX · Real-Time Price · USD
148.00
-0.73 (-0.49%)
Nov 12, 2024, 4:00 PM EST - Market closed
Paychex Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Paychex stock have an average target of 130.77, with a low estimate of 113 and a high estimate of 148. The average target predicts a decrease of -11.64% from the current stock price of 148.00.
Analyst Consensus: Hold
* Price targets were last updated on Oct 2, 2024.
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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 11 | 10 | 10 | 10 | 10 | 11 |
Sell | 3 | 3 | 3 | 2 | 2 | 2 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 14 | 13 | 13 | 12 | 12 | 13 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
TD Cowen | TD Cowen | Hold Maintains $126 → $131 | Hold | Maintains | $126 → $131 | -11.49% | Oct 2, 2024 |
Stifel | Stifel | Hold Maintains $130 → $141 | Hold | Maintains | $130 → $141 | -4.73% | Oct 2, 2024 |
Jefferies | Jefferies | Hold Maintains $120 → $130 | Hold | Maintains | $120 → $130 | -12.16% | Oct 2, 2024 |
RBC Capital | RBC Capital | Hold Maintains $130 → $148 | Hold | Maintains | $130 → $148 | n/a | Oct 2, 2024 |
UBS | UBS | Hold Maintains $125 → $142 | Hold | Maintains | $125 → $142 | -4.05% | 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.