Paychex (PAYX) Expected to Announce Quarterly Earnings on Friday

Paychex (NASDAQ:PAYX) is expected to issue its Q2 2026 results before the market opens on Friday, December 19th. Analysts expect the company to announce earnings of $1.24 per share and revenue of $1.5534 billion for the quarter. Paychex has set its FY 2026 guidance at 5.428-5.528 EPS. Parties can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Friday, December 19, 2025 at 9:30 AM ET.

Paychex (NASDAQ:PAYX) last issued its earnings results on Tuesday, September 30th. The business services provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.02. The business had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Paychex had a net margin of 27.85% and a return on equity of 45.17%. The business’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.16 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 1.3%

Paychex stock opened at $116.70 on Thursday. The firm’s fifty day moving average price is $116.57 and its 200-day moving average price is $132.43. Paychex has a fifty-two week low of $108.00 and a fifty-two week high of $161.24. The stock has a market cap of $42.00 billion, a P/E ratio of 26.22 and a beta of 0.91. The company has a debt-to-equity ratio of 1.15, a quick ratio of 1.27 and a current ratio of 1.27.

Paychex Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th were paid a $1.08 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.7%. Paychex’s dividend payout ratio is 97.08%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in PAYX. Wealth Watch Advisors INC purchased a new position in shares of Paychex during the 3rd quarter valued at $42,000. Triumph Capital Management bought a new position in shares of Paychex in the third quarter worth about $76,000. Darwin Wealth Management LLC purchased a new stake in shares of Paychex during the second quarter worth about $83,000. MUFG Securities EMEA plc purchased a new position in Paychex during the second quarter valued at $137,000. Finally, Blue Chip Partners LLC purchased a new stake in Paychex in the 2nd quarter worth $200,000. 83.47% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

PAYX has been the subject of several analyst reports. Wolfe Research dropped their target price on Paychex from $130.00 to $115.00 and set an “underperform” rating for the company in a report on Wednesday, December 10th. Argus decreased their target price on Paychex from $170.00 to $150.00 in a research report on Thursday, October 2nd. JPMorgan Chase & Co. decreased their price target on shares of Paychex from $153.00 to $140.00 and set an “underweight” rating for the company in a research note on Wednesday, October 1st. Stifel Nicolaus lowered their price objective on Paychex from $137.00 to $126.00 and set a “hold” rating for the company in a research note on Wednesday. Finally, Cowen reaffirmed a “hold” rating on shares of Paychex in a report on Monday, December 1st. Fourteen analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Paychex currently has a consensus rating of “Reduce” and an average target price of $131.13.

Paychex Company Profile

Paychex, Inc, together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing.