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S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Will Nvidia Be the Lifeline Intel Desperately Needs?
The Graphite Shortage Story You're Not Being Told (Ad)
Stock market today: Asian stocks follow Wall St up after strong US jobs report
Is Li Auto Head and Shoulders Above Its Chinese Counterparts?
AI industry Is Exploding! New Breakthrough Expected this Summer (Ad)
VirTra is an Overlooked Profitable National Defense Play
Analysts are Giving ChargePoint a Boost, but is it a Buy?
AI is Unstoppable. Now Is The Time! (Ad)
Here’s Why Disney’s MCU is Sinking in Quicksand
US Navy says Iran Revolutionary Guard fast-attack boats 'harassed' ship in Strait of Hormuz
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Will Nvidia Be the Lifeline Intel Desperately Needs?
The Graphite Shortage Story You're Not Being Told (Ad)
Stock market today: Asian stocks follow Wall St up after strong US jobs report
Is Li Auto Head and Shoulders Above Its Chinese Counterparts?
AI industry Is Exploding! New Breakthrough Expected this Summer (Ad)
VirTra is an Overlooked Profitable National Defense Play
Analysts are Giving ChargePoint a Boost, but is it a Buy?
AI is Unstoppable. Now Is The Time! (Ad)
Here’s Why Disney’s MCU is Sinking in Quicksand
US Navy says Iran Revolutionary Guard fast-attack boats 'harassed' ship in Strait of Hormuz
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
Will Nvidia Be the Lifeline Intel Desperately Needs?
The Graphite Shortage Story You're Not Being Told (Ad)
Stock market today: Asian stocks follow Wall St up after strong US jobs report
Is Li Auto Head and Shoulders Above Its Chinese Counterparts?
AI industry Is Exploding! New Breakthrough Expected this Summer (Ad)
VirTra is an Overlooked Profitable National Defense Play
Analysts are Giving ChargePoint a Boost, but is it a Buy?
AI is Unstoppable. Now Is The Time! (Ad)
Here’s Why Disney’s MCU is Sinking in Quicksand
US Navy says Iran Revolutionary Guard fast-attack boats 'harassed' ship in Strait of Hormuz
NASDAQ:ADP

Automatic Data Processing (ADP) Stock Forecast, Price & News

$216.52
+4.71 (+2.22%)
(As of 06/2/2023 08:47 PM ET)
Compare
Today's Range
$211.40
$216.94
50-Day Range
$208.99
$222.63
52-Week Range
$196.61
$274.92
Volume
1.45 million shs
Average Volume
1.96 million shs
Market Capitalization
$89.45 billion
P/E Ratio
27.65
Dividend Yield
2.31%
Price Target
$237.25

Automatic Data Processing MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.6% Upside
$237.25 Price Target
Short Interest
Healthy
1.25% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.22
Upright™ Environmental Score
News Sentiment
0.41mentions of Automatic Data Processing in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.91%
From $8.17 to $8.98 Per Share

Overall MarketRank

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

2.37 out of 5 stars

Business Services Sector

94th out of 332 stocks

Data Processing & Preparation Industry

13th out of 64 stocks


ADP stock logo

About Automatic Data Processing (NASDAQ:ADP) Stock

Automatic Data Processing, Inc. engages in the provision of business outsourcing solutions specializing in cloud-based human capital management. It operates through the following business segments: Employer Services, Professional Employer Organization Services, and Other. The Employer Services segment provides clients ranging from single-employee small businesses to large enterprises with tens of thousands of employees around the world, offering a range of human resources outsourcing and technology-based human capital management solutions, including strategic, cloud-based platforms. The Professional Employer Organization Services segment offers small and mid-sized businesses a human resources outsourcing solution through a co-employment mode. The company was founded by Henry Taub in 1949 and is headquartered in Roseland, NJ.

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ADP Stock News Headlines

The Graphite Shortage Story You're Not Being Told
Graphite demand for EV batteries is expected to increase 10X from 2020 to 2030. And today, with NO graphite-producing mines in N. America, China has a stranglehold on our graphite supply. That's why the U.S. government is spending billions of dollars to ensure an adequate domestic supply of this metal that's vital for energy independence and national security.
New "Mined in America" Lithium Opportunities?
The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.
Reason to believe Kyle Pitts will outperform ADP?
U.S. Dollar Rebounds After Solid ADP Data
Paylocity vs. ADP (2023 Comparison)
ADP to Present at Upcoming Investor Conferences
See More Headlines

ADP Price History

ADP Company Calendar

Ex-Dividend for 4/1 Dividend
3/09/2023
Dividend Payable
4/01/2023
Last Earnings
4/26/2023
Today
6/05/2023
Ex-Dividend for 7/1 Dividend
6/08/2023
Fiscal Year End
6/30/2023
Dividend Payable
7/01/2023
Next Earnings (Estimated)
7/26/2023

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Data Processing & Outsourced Services
Current Symbol
NASDAQ:ADP
CUSIP
05301510
CIK
8670
Employees
60,000
Year Founded
1949

Price Target and Rating

Average Stock Price Forecast
$237.25
High Stock Price Forecast
$275.00
Low Stock Price Forecast
$211.00
Forecasted Upside/Downside
+9.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$2.95 billion
Pretax Margin
23.98%

Debt

Sales & Book Value

Annual Sales
$16.50 billion
Cash Flow
$10.89 per share
Book Value
$8.94 per share

Miscellaneous

Free Float
411,760,000
Market Cap
$89.45 billion
Optionable
Optionable
Beta
0.80

Social Links


Key Executives

  • Maria BlackMaria Black
    President
  • John C. AyalaJohn C. Ayala
    Chief Operating Officer
  • Don McGuireDon McGuire
    Chief Financial Officer & Vice President
  • Michael Anthony Bonarti
    Chief Administrative Officer & Vice President
  • Michael C. Eberhard
    Treasurer & Vice President













ADP Stock - Frequently Asked Questions

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

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Automatic Data Processing in the last year. There are currently 2 sell ratings, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023?

6 Wall Street research analysts have issued 1 year price objectives for Automatic Data Processing's stock. Their ADP share price forecasts range from $211.00 to $275.00. On average, they expect the company's stock price to reach $237.25 in the next twelve months. This suggests a possible upside of 9.6% 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 9.4% and is now trading at $216.52.
View the best growth stocks for 2023 here
.

Are investors shorting Automatic Data Processing?

Automatic Data Processing saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 5,150,000 shares, an increase of 19.8% from the April 30th total of 4,300,000 shares. Based on an average daily trading volume, of 1,820,000 shares, the days-to-cover ratio is currently 2.8 days. Approximately 1.3% of the shares of the stock are short sold.
View Automatic Data Processing's Short Interest
.

When is Automatic Data Processing's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023.
View our ADP earnings forecast
.

How were Automatic Data Processing's earnings last quarter?

Automatic Data Processing, Inc. (NASDAQ:ADP) posted its earnings results on Wednesday, April, 26th. The business services provider reported $2.52 EPS for the quarter, beating the consensus estimate of $2.42 by $0.10. The business services provider earned $4.93 billion during the quarter, compared to the consensus estimate of $4.88 billion. Automatic Data Processing had a trailing twelve-month return on equity of 104.60% and a net margin of 18.46%. The business's quarterly revenue was up 9.2% compared to the same quarter last year. During the same period last year, the firm earned $2.21 EPS.
Read the conference call transcript
.

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, April 12th. Shareholders of record on Friday, June 9th will be paid a dividend of $1.25 per share on Saturday, July 1st. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date of this dividend is Thursday, June 8th.
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 2.31%. 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 63.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ADP will have a dividend payout ratio of 55.68% 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 updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of $8.13-$8.20 for the period, compared to the consensus EPS estimate of $8.13. The company issued revenue guidance of $17.82 billion-$17.98 billion, compared to the consensus revenue estimate of $17.91 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).

What is Automatic Data Processing's stock symbol?

Automatic Data Processing trades on the NASDAQ under the ticker symbol "ADP."

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 shareholders include BlackRock Inc. (8.30%), State Street Corp (4.27%), Bank of New York Mellon Corp (2.28%), Geode Capital Management LLC (2.18%), Charles Schwab Investment Management Inc. (1.96%) and Wellington Management Group LLP (1.25%). Insiders that own company stock include Alexander Quevedo, Augusto J Blanchard, Brian L Michaud, Brock Albinson, Carlos A Rodriguez, Christopher D'ambrosio, Deborah L Dyson, Deborah L Dyson, Donald Weinstein, James T Sperduto, Joseph Desilva, Laura G Brown, 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.

What is Automatic Data Processing's stock price today?

One share of ADP stock can currently be purchased for approximately $216.52.

How much money does Automatic Data Processing make?

Automatic Data Processing (NASDAQ:ADP) has a market capitalization of $89.45 billion and generates $16.50 billion in revenue each year. The business services provider earns $2.95 billion in net income (profit) each year or $7.83 on an earnings per share basis.

How many employees does Automatic Data Processing have?

The company employs 60,000 workers across the globe.

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
How can I contact Automatic Data Processing?

Automatic Data Processing's mailing address is ONE ADP BOULVARD, ROSELAND NJ, 07068. The official website for the company is www.adp.com. The business services provider can be reached via phone at (973) 974-5000, via email at investor.mail@adp.com, or via fax at 973-974-5390.

This page (NASDAQ:ADP) was last updated on 6/5/2023 by MarketBeat.com Staff

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