Paychex has updated its guidance for the fiscal year ending May 31, 2027, outlining a 5% to 6% revenue growth range. The payroll and HR services company also launched the WISE Hire AI recruiting solution, news now being weighed against a recent share pullback. Paychex shares are down 3.2% over the past week and 8.0% over the last month, though they remain up 18.9% over 90 days and 5.5% year to date, with a 1 year total shareholder return of 7.5%, at a recent price of US$114.53. Analysts hold a consensus price target of $113.71, with the most bullish at $150.0 and the most bearish at $95.0, while a discounted cash flow model estimates future cash flow value of $189.98. The company faces pressure if the Paycor integration stumbles or if smaller deal sizes and cautious clients weigh on long term revenue assumptions.
Paychex IncPaychex guided for 5% to 6% revenue growth through fiscal 2027, a financial/earnings outlook update.
