(PAYX) Paychex - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US7043261079

PAYX: Payroll, HR, Benefits, Insurance, Compliance

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of integrated human capital management (HCM) solutions, offering a comprehensive suite of payroll, benefits, human resources (HR), and insurance services tailored to small- and medium-sized businesses across the United States, Europe, and India. The company’s services include payroll processing, payroll tax administration, employee payment solutions, and regulatory compliance support, such as new-hire reporting and garnishment processing. Additionally, Paychex delivers HR solutions, including integrated HCM technology platforms and HR advisory services, available both virtually and on-site through professionally trained representatives. Its HR Partner Plus solution extends HR support to non-payroll clients, while retirement services administration encompasses plan implementation, regulatory compliance, and administrative oversight.

Paychex also offers cloud-based HR administration software for benefits management, time and attendance tracking, digital communication, recruiting, and onboarding. Other services include plan administration outsourcing, state unemployment insurance management, payroll funding, and tax preparation. The company provides payment processing solutions, financial fitness programs, and a small-business loan resource center. Its insurance offerings span property and casualty coverage, including workers’ compensation, business-owner policies, cyber security protection, and commercial auto insurance, as well as health and benefits coverage such as health, dental, vision, and life insurance. Paychex markets and sells its services primarily through its direct sales force, leveraging its extensive industry expertise and customer-centric approach.

Founded in 1971 and headquartered in Rochester, New York, Paychex has established itself as a trusted partner for businesses seeking streamlined and compliant HR and payroll solutions. Its robust product portfolio, combined with its focus on innovation and customer service, positions the company as a key player in the human resource and employment services sector.

3-Month Forecast: Based on the provided and , Paychex (PAYX) is expected to experience moderate volatility over the next three months. The stock is currently trading below its 20-day and 50-day moving averages (SMA 20: 147.38, SMA 50: 148.22), suggesting short-term downward pressure. However, its 200-day moving average (137.97) indicates long-term upward momentum. The Average True Range (ATR) of 4.51 signals moderate price movement expectations. From a perspective, Paychex’s high P/E ratio (30.51) and forward P/E (27.86) reflect market expectations for future growth, supported by its strong return on equity (RoE: 42.27). However, the elevated P/B ratio (12.84) and P/S ratio (9.72) may indicate caution among investors regarding its current valuation. Overall, the stock is likely to remain range-bound with potential consolidation in the near term, as market participants weigh its growth prospects against its premium valuation.

Additional Sources for PAYX Stock

PAYX Stock Overview

Market Cap in USD 52,858m
Sector Technology
Industry Software - Application
GiC Sub-Industry Human Resource & Employment Services
IPO / Inception 1990-03-26

PAYX Stock Ratings

Growth Rating 88.9
Fundamental 85.8
Dividend Rating 73.6
Rel. Strength 16.8
Analysts 2.89/5
Fair Price Momentum 157.80 USD
Fair Price DCF 97.75 USD

PAYX Dividends

Dividend Yield 12m 2.79%
Yield on Cost 5y 6.64%
Annual Growth 5y 9.08%
Payout Consistency 98.1%

PAYX Growth Ratios

Growth Correlation 3m -10.4%
Growth Correlation 12m 91.7%
Growth Correlation 5y 86.1%
CAGR 5y 19.41%
CAGR/Max DD 5y 0.83
Sharpe Ratio 12m 0.62
Alpha 16.06
Beta 0.547
Volatility 34.60%
Current Volume 1903.5k
Average Volume 20d 2632.2k
What is the price of PAYX stocks?
As of April 23, 2025, the stock is trading at USD 143.29 with a total of 1,903,453 shares traded.
Over the past week, the price has changed by -2.93%, over one month by -1.06%, over three months by -0.37% and over the past year by +21.71%.
Is Paychex a good stock to buy?
Yes, based on ValueRay Fundamental Analyses, Paychex (NASDAQ:PAYX) is currently (April 2025) a good stock to buy. It has a ValueRay Fundamental Rating of 85.75 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of PAYX as of April 2025 is 157.80. This means that PAYX is currently undervalued and has a potential upside of +10.13% (Margin of Safety).
Is PAYX a buy, sell or hold?
Paychex has received a consensus analysts rating of 2.89. Therefor, it is recommend to hold PAYX.
  • Strong Buy: 1
  • Buy: 0
  • Hold: 15
  • Sell: 2
  • Strong Sell: 1
What are the forecast for PAYX stock price target?
According to ValueRays Forecast Model, PAYX Paychex will be worth about 172.4 in April 2026. The stock is currently trading at 143.29. This means that the stock has a potential upside of +20.28%.
Issuer Forecast Upside
Wallstreet Target Price 145 1.2%
Analysts Target Price 137.9 -3.7%
ValueRay Target Price 172.4 20.3%