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Automatic Data Processing Stock Price, News & Analysis (NASDAQ:ADP)

$229.16
+0.17 (+0.07%)
(As of 05:27 PM ET)
Compare
Today's Range
$228.84
$231.05
50-Day Range
$210.37
$250.18
52-Week Range
$201.46
$274.92
Volume
1.29 million shs
Average Volume
1.74 million shs
Market Capitalization
$94.25 billion
P/E Ratio
27.25
Dividend Yield
2.18%
Price Target
$248.42

Automatic Data Processing MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
8.5% Upside
$248.42 Price Target
Short Interest
Healthy
1.09% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.22
Upright™ Environmental Score
News Sentiment
0.46mentions of Automatic Data Processing in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$41.49 M Sold Last Quarter
Proj. Earnings Growth
9.19%
From $9.14 to $9.98 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.70 out of 5 stars

Business Services Sector

34th out of 304 stocks

Data Processing & Preparation Industry

7th out of 57 stocks


ADP stock logo

About Automatic Data Processing Stock (NASDAQ:ADP)

Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

ADP Stock Price History

ADP Stock News Headlines

3 payroll companies get clocked, but 1 looks cheap
Despite the strong jobs market, stocks of payroll companies are plummeting, and valuations are more attractive, but one provides more value than the others
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Jaspreet Singh: Why Your Raise Might Get Canceled
ADP Workforce Now vs. Zenefits Comparison 2023
See More Headlines
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Company Calendar

Ex-Dividend for 10/1 Dividend
9/07/2023
Dividend Payable
10/01/2023
Last Earnings
10/25/2023
Today
11/29/2023
Ex-Dividend for 1/1 Dividend
12/07/2023
Dividend Payable
1/01/2024
Next Earnings (Estimated)
1/24/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Data Processing & Outsourced Services
Current Symbol
NASDAQ:ADP
CUSIP
05301510
CIK
8670
Employees
63,000
Year Founded
1949

Price Target and Rating

Average Stock Price Target
$248.42
High Stock Price Target
$280.00
Low Stock Price Target
$211.00
Potential Upside/Downside
+7.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$3.41 billion
Pretax Margin
24.69%

Debt

Sales & Book Value

Annual Sales
$18.01 billion
Cash Flow
$12.14 per share
Book Value
$8.44 per share

Miscellaneous

Free Float
410,236,000
Market Cap
$94.83 billion
Optionable
Optionable
Beta
0.83

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Should I Buy Automatic Data Processing Stock? ADP Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Automatic Data Processing was last updated on Tuesday, November 28, 2023 at 10:49 PM.

Pros

Here are some ways that investors could benefit from investing in Automatic Data Processing, Inc.:

  • Automatic Data Processing, Inc. provides cloud-based human capital management solutions, which are in high demand in today's digital era.
  • The company operates in two segments, Employer Services and Professional Employer Organization (PEO), offering a diverse range of services to cater to different client needs.
  • Automatic Data Processing, Inc. has a long-standing history since its founding in 1949, indicating stability and experience in the industry.
  • With comprehensive outsourcing and recruitment process outsourcing services, the company offers cost-effective solutions for businesses to streamline their HR processes.
  • Recent developments and updates in Automatic Data Processing, Inc.'s offerings ensure that investors can benefit from the latest advancements in human capital management technology.

Cons

Investors should be bearish about investing in Automatic Data Processing, Inc. for these reasons:

  • While Automatic Data Processing, Inc. has a strong presence in the market, competition in the cloud-based human capital management industry is increasing, which may impact the company's market share.
  • Fluctuations in the global economy and business environment can affect the demand for human capital management solutions, potentially impacting Automatic Data Processing, Inc.'s financial performance.
  • Investors should carefully consider the current stock price of Automatic Data Processing, Inc. and evaluate whether it aligns with their investment goals and risk tolerance.
  • As with any investment, there are inherent risks involved, and investors should conduct thorough research and analysis before making investment decisions.
  • It is important for investors to stay updated on the latest developments and financial performance of Automatic Data Processing, Inc. to make informed investment decisions.














ADP Stock Analysis - Frequently Asked Questions

Should I buy or sell Automatic Data Processing stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Automatic Data Processing in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ADP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ADP, but not buy additional shares or sell existing shares.
View ADP analyst ratings
or view top-rated stocks.

What is Automatic Data Processing's stock price target for 2024?

7 brokers have issued 1-year price targets for Automatic Data Processing's stock. Their ADP share price targets range from $211.00 to $280.00. On average, they predict the company's stock price to reach $248.42 in the next year. This suggests a possible upside of 8.5% from the stock's current price.
View analysts price targets for ADP
or view top-rated stocks among Wall Street analysts.

How have ADP shares performed in 2023?

Automatic Data Processing's stock was trading at $238.86 on January 1st, 2023. Since then, ADP stock has decreased by 4.2% and is now trading at $228.91.
View the best growth stocks for 2023 here
.

When is Automatic Data Processing's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, January 24th 2024.
View our ADP earnings forecast
.

How were Automatic Data Processing's earnings last quarter?

Automatic Data Processing, Inc. (NASDAQ:ADP) announced its quarterly earnings results on Wednesday, October, 25th. The business services provider reported $2.08 earnings per share for the quarter, beating the consensus estimate of $2.03 by $0.05. The business services provider earned $4.51 billion during the quarter, compared to analysts' expectations of $4.52 billion. Automatic Data Processing had a trailing twelve-month return on equity of 102.59% and a net margin of 19.07%.

How often does Automatic Data Processing pay dividends? What is the dividend yield for Automatic Data Processing?

Automatic Data Processing declared a quarterly dividend on Wednesday, November 8th. Investors of record on Friday, December 8th will be given a dividend of $1.40 per share on Monday, January 1st. This represents a $5.60 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Thursday, December 7th. This is a positive change from the stock's previous quarterly dividend of $1.25.
Read our dividend analysis for ADP
.

Is Automatic Data Processing a good dividend stock?

Automatic Data Processing (NASDAQ:ADP) pays an annual dividend of $5.00 per share and currently has a dividend yield of 2.18%. The company has been increasing its dividend for 48 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 59.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ADP will have a dividend payout ratio of 50.10% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ADP.

What guidance has Automatic Data Processing issued on next quarter's earnings?

Automatic Data Processing issued an update on its FY24 earnings guidance on Wednesday, October, 25th. The company provided earnings per share guidance of $9.05-9.22 for the period, compared to the consensus earnings per share estimate of $9.14. The company issued revenue guidance of $19.09-19.27 billion, compared to the consensus revenue estimate of $19.19 billion.

What is Carlos A. Rodriguez's approval rating as Automatic Data Processing's CEO?

5,336 employees have rated Automatic Data Processing Chief Executive Officer Carlos A. Rodriguez on Glassdoor.com. Carlos A. Rodriguez has an approval rating of 90% among the company's employees.

What other stocks do shareholders of Automatic Data Processing own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Automatic Data Processing investors own include Johnson & Johnson (JNJ), Cisco Systems (CSCO), Intel (INTC), Verizon Communications (VZ), Procter & Gamble (PG), AT&T (T), AbbVie (ABBV), McDonald's (MCD), Walmart (WMT) and Home Depot (HD).

Who are Automatic Data Processing's major shareholders?

Automatic Data Processing's stock is owned by a variety of institutional and retail investors. Top institutional investors include Morgan Stanley (2.63%), Bank of New York Mellon Corp (2.19%), Charles Schwab Investment Management Inc. (2.11%), Northern Trust Corp (1.44%), Ameriprise Financial Inc. (0.87%) and Invesco Ltd. (0.76%). Insiders that own company stock include Alexander Quevedo, Augusto J Blanchard, Brock Albinson, Carlos A Rodriguez, Christopher D'ambrosio, Deborah L Dyson, Deborah L Dyson, Don Mcguire, Donald Weinstein, James T Sperduto, John Ayala, Joseph Desilva, Laura G Brown, Maria Black, Michael A Bonarti, Sreenivasa Kutam and Stuart Sackman.
View institutional ownership trends
.

How do I buy shares of Automatic Data Processing?

Shares of ADP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

Does Automatic Data Processing have any subsidiaries?
The following companies are subsidiares of Automatic Data Processing: ADP Atlantic, ADP Benefits Services KY, ADP Brasil Ltda, ADP Broker-Dealer Inc, ADP Canada Co., ADP Employer Services GmbH, ADP Europe SAS, ADP France SAS, ADP GSI France SAS, ADP GlobalView B.V., ADP Indemnity, ADP International Services BV, ADP LLC, ADP MasterTax, ADP Pacific, ADP Payroll Services, ADP Private Limited, ADP Screening and Selection Services, ADP Tax Services, ADP Technology Services, ADP TotalSource CO XXI, ADP TotalSource CO XXII, ADP TotalSource FL XVI, ADP TotalSource FL XXIX, ADP TotalSource Group, ADP TotalSource I, ADP TotalSource of CO XXIII, Automatic Data Processing Insurance Agency, Automatic Data Processing Limited, Automatic Data Processing Limited (UK), Celergo, Global Cash Card, Ma Foi Consulting Solutions Ltd., Payroll S.A., PhyLogic Healthcare, SHPS Inc., The Marcus Buckingham Company, The RightThing, Wallace, and Work Market.
Read More
This page (NASDAQ:ADP) was last updated on 11/29/2023 by MarketBeat.com Staff

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