Zacks cuts Paychex stock estimate to USD 1.31

Published on 10/08/2026 at 21:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zacks cut the estimate to USD 1.31 from USD 1.36 on October 7, 2026. Paychex stock costs EUR 93.22 on October 8, 2026 after EUR 90.64.

Key points in brief

Zacks cut its second-quarter fiscal 2027 earnings estimate for Paychex to USD 1.31 from USD 1.36 on October 7, 2026.
Paychex reported USD 1.63 billion in first-quarter fiscal 2027 revenue, up 6 percent year over year.
The stock was at EUR 93.22 at Lang & Schwarz on October 8, 2026, up 2.85 percent versus EUR 90.64.

Flatlay-Foto mit ISIN-Karte US7043261079, Gehaltsabrechnung, Taschenrechner und Kugelschreiber auf Holztisch — Paychex Inc. US7043261079 als Flatlay mit ISIN-Karte, generischer Gehaltsabrechnung, Taschenrechner und Kugelschreiber, Illustration mit AI erstellt.

Paychex stock was trading at EUR 93.22 at Lang & Schwarz on October 8, 2026, up 2.85 percent versus the prior close of EUR 90.64. Zacks Research cut its second-quarter fiscal 2027 earnings estimate to USD 1.31 from USD 1.36 in a report issued on October 7, 2026, according to MarketBeat.

What does the estimate cut change

The revised quarterly estimate sits below the previous USD 1.36 forecast, while the full-year fiscal 2027 consensus remains USD 5.96 per share. MarketBeat also reported fiscal 2027 guidance of USD 5.896 to USD 6.006 per share, keeping the annual outlook above the reduced quarterly estimate.

The immediate counterweight is Paychex's latest operating performance. For the first quarter of fiscal 2027 ended August 31, 2026, revenue rose 6 percent year over year to USD 1.6305 billion, while diluted earnings per share increased 14 percent to USD 1.21, according to Nasdaq.

Three milestones define the trend

On June 24, 2026, Paychex reported fiscal 2026 revenue of USD 6.51 billion, according to its investor-relations release. On September 23, 2026, the company reported first-quarter fiscal 2027 revenue of USD 1.6305 billion, up 6 percent year over year, before the October 7 estimate cut became the latest dated development.

Paychex's first-quarter mix also matters: PEO and Insurance Solutions revenue grew 12 percent year over year to USD 367.6 million, while adjusted operating income rose 9 percent to USD 684.7 million. The company raised its fiscal 2027 PEO and Insurance Solutions revenue-growth outlook to 7 percent to 8 percent from 6 percent to 7 percent, according to Nasdaq.

The next shareholder date is October 15

Paychex's 2026 annual meeting of stockholders is scheduled for October 15, 2026, at 9:30 a.m. EDT, according to the company's investor-relations calendar. The date gives shareholders the next formal corporate event after the earnings-estimate revision.

Euro quote and Nasdaq context

On Nasdaq, Paychex was last at USD 104.47 on October 8, 2026 at 3:57 p.m. EDT. Its 52-week Nasdaq range was USD 85.45 to USD 129.24, while market capitalization stood at USD 37.2 billion on the same date.

The Lang & Schwarz quote was EUR 93.22 at 9:49 p.m. CEST on October 8, 2026, compared with a prior close of EUR 90.64. The further course of trading is shown by the continuously updated real-time quote of Paychex stock.