Paychex (PAYX) Expected to Announce Quarterly Earnings on Wednesday

Paychex (NASDAQ:PAYX) will likely be posting its Q3 2026 results before the market opens on Wednesday, March 25th. Analysts expect Paychex to post earnings of $1.68 per share and revenue of $1.7798 billion for the quarter. Individuals are encouraged to explore the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Wednesday, March 25, 2026 at 9:30 AM ET.

Paychex (NASDAQ:PAYX) last announced its quarterly earnings results on Friday, December 19th. The business services provider reported $1.26 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.03. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.55 billion. Paychex had a net margin of 26.45% and a return on equity of 46.38%. Paychex’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter last year, the business earned $1.14 EPS. On average, analysts expect Paychex to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Paychex Trading Up 0.9%

PAYX stock opened at $92.55 on Monday. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.17. The company has a market cap of $33.22 billion, a price-to-earnings ratio of 20.99 and a beta of 0.91. The business has a fifty day simple moving average of $98.48 and a 200-day simple moving average of $112.14. Paychex has a 52 week low of $86.89 and a 52 week high of $161.24.

Paychex declared that its board has authorized a stock repurchase plan on Friday, January 16th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the business services provider to repurchase up to 2.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

Paychex Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Wednesday, January 28th were given a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Wednesday, January 28th. Paychex’s payout ratio is 97.96%.

Hedge Funds Weigh In On Paychex

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Acumen Wealth Advisors LLC purchased a new stake in shares of Paychex during the fourth quarter valued at approximately $34,000. Wealth Watch Advisors INC purchased a new position in shares of Paychex in the third quarter valued at $42,000. DV Equities LLC purchased a new position in shares of Paychex in the fourth quarter valued at $51,000. Darwin Wealth Management LLC acquired a new stake in Paychex during the 2nd quarter valued at $83,000. Finally, Triumph Capital Management acquired a new stake in Paychex during the 3rd quarter valued at $76,000. Hedge funds and other institutional investors own 83.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on PAYX. BMO Capital Markets dropped their target price on shares of Paychex from $121.00 to $103.00 and set a “market perform” rating for the company in a research report on Friday, March 13th. Argus decreased their price objective on shares of Paychex from $150.00 to $130.00 and set a “buy” rating for the company in a research note on Friday, January 2nd. Citigroup dropped their price objective on shares of Paychex from $139.00 to $120.00 and set a “neutral” rating for the company in a research report on Monday, December 22nd. Royal Bank Of Canada cut their target price on shares of Paychex from $125.00 to $102.00 and set a “sector perform” rating on the stock in a research note on Thursday. Finally, Jefferies Financial Group set a $110.00 target price on shares of Paychex in a report on Friday, December 19th. One analyst has rated the stock with a Buy rating, fourteen have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Paychex presently has a consensus rating of “Reduce” and an average target price of $121.38.

About Paychex

Paychex, Inc, founded in 1971 by B. Thomas “Tom” Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company’s core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers’ compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.

Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools.