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Lowest-Rated StocksLowest-Rated

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

$233.97
+4.70 (+2.05%)
(As of 01:57 PM ET)
Compare
Today's Range
$230.86
▼
$235.26
50-Day Range
$210.37
▼
$250.18
52-Week Range
$201.46
▼
$274.92
Volume
848,063 shs
Average Volume
1.75 million shs
Market Capitalization
$96.23 billion
P/E Ratio
27.82
Dividend Yield
2.39%
Price Target
$248.54
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

Automatic Data Processing MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.9% Upside
$248.54 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
0.91mentions of Automatic Data Processing in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$13.52 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.

2.84 out of 5 stars

Business Services Sector

31st out of 281 stocks

Data Processing & Preparation Industry

4th out of 51 stocks

See Top Rated MarketRank™ Stocks Here

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 services, 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 solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.

ADP Stock Price History

ADP Stock News Headlines

December 11, 2023 | americanbankingnews.com
Reviewing Automatic Data Processing (NASDAQ:ADP) & MSP Recovery (NASDAQ:LIFW)
December 10, 2023 | americanbankingnews.com
Automatic Data Processing, Inc. (NASDAQ:ADP) Receives Consensus Recommendation of "Hold" from Analysts
December 11, 2023 | Edge On The Street (Ad)
The Battery Metal Nobody Told You About
According to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech."
December 6, 2023 | fxstreet.com
Mexican Peso rallies for the second straight day amid soft US ADP jobs data
December 6, 2023 | msn.com
November Private Job Growth Misses Expectations, ADP Data Show
December 6, 2023 | finance.yahoo.com
ADP National Employment Report: Private Sector Employment Increased by 103,000 Jobs in November; Annual Pay was Up 5.6%
December 6, 2023 | finance.yahoo.com
Automatic Data Processing Inc's Dividend Analysis
December 5, 2023 | seekingalpha.com
Automatic Data Processing (ADP) Presents at NASDAQ 49th Investor Conference
December 11, 2023 | Edge On The Street (Ad)
The Battery Metal Nobody Told You About
According to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech."
December 5, 2023 | finance.yahoo.com
Automatic Data Processing (ADP) Rose on Better-Than-Expected Earnings
December 3, 2023 | americanbankingnews.com
Automatic Data Processing's (ADP) "Hold" Rating Reiterated at Stifel Nicolaus
November 30, 2023 | markets.businessinsider.com
6 Analysts Have This to Say About Automatic Data Processing
November 29, 2023 | finance.yahoo.com
ADP Canada Happiness@Work Index: Workers in Canada are Happier as the Holiday Season Nears
November 28, 2023 | seekingalpha.com
Automatic Data Processing: Buy This Cheap Dividend Aristocrat For Generous Income Growth
November 26, 2023 | seekingalpha.com
Dividend Investors Take Note: Automatic Data Processing Has It All!
November 23, 2023 | benzinga.com
Here's How Much $100 Invested In Automatic Data Processing 20 Years Ago Would Be Worth Today
November 22, 2023 | finance.yahoo.com
What Does Automatic Data Processing, Inc.'s (NASDAQ:ADP) Share Price Indicate?
November 16, 2023 | seekingalpha.com
Automatic Data Processing, Inc. (ADP) J.P. Morgan Ultimate Services Investor Conference (Transcript)
November 14, 2023 | finance.yahoo.com
Jaspreet Singh: Why Your Raise Might Get Canceled
November 13, 2023 | seekingalpha.com
Automatic Data Processing, Inc. (ADP) TD Cowen Human Capital Management Summit Conference (Transcript)
November 13, 2023 | finance.yahoo.com
Billionaire David Shaw’s Quant Models Love These 15 Stocks
November 11, 2023 | finance.yahoo.com
Automatic Data Processing (NASDAQ:ADP) Is Paying Out A Larger Dividend Than Last Year
November 10, 2023 | techrepublic.com
ADP Workforce Now vs. Zenefits Comparison 2023
November 8, 2023 | finance.yahoo.com
ADP Increases Cash Dividend; Marks 49th Consecutive Year of Dividend Increases
November 5, 2023 | finance.yahoo.com
Investing in Automatic Data Processing (NASDAQ:ADP) five years ago would have delivered you a 65% gain
November 3, 2023 | finance.yahoo.com
The Automatic Data Processing Inc (ADP) Company: A Short SWOT Analysis
November 1, 2023 | finance.yahoo.com
A Tiring Year: Nearly One-Third of Workers in Canada Feel Tired or Overworked - ADP Survey
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
Ex-Dividend for 1/1 Dividend
12/07/2023
Today
12/11/2023
Dividend Payable
1/01/2024
Next Earnings (Estimated)
1/24/2024
Fiscal Year End
6/30/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Data processing & preparation
Sub-Industry
Data Processing & Outsourced Services
Sector
Business Services
Current Symbol
NASDAQ:ADP
CUSIP
05301510
CIK
8670
Web
www.adp.com
Phone
(973) 974-5000
Fax
973-974-5390
Employees
63,000
Year Founded
1949

Price Target and Rating

Average Stock Price Target
$248.54
High Stock Price Target
$280.00
Low Stock Price Target
$211.00
Potential Upside/Downside
+8.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
8 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$8.41
Trailing P/E Ratio
27.26
Forward P/E Ratio
25.08
P/E Growth
2.15
Net Income
$3.41 billion
Net Margins
19.07%
Pretax Margin
24.69%
Return on Equity
102.59%
Return on Assets
6.53%

Debt

Debt-to-Equity Ratio
0.86
Current Ratio
0.98
Quick Ratio
0.98

Sales & Book Value

Annual Sales
$18.01 billion
Price / Sales
5.24
Cash Flow
$12.03 per share
Price / Cash Flow
19.06
Book Value
$8.49 per share
Price / Book
27.00

Miscellaneous

Outstanding Shares
411,300,000
Free Float
410,236,000
Market Cap
$94.30 billion
Optionable
Optionable
Beta
0.82

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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?

8 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, 4 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?

8 brokerages have issued 12 month target prices 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 share price to reach $248.54 in the next year. This suggests a possible upside of 5.9% 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 1.8% and is now trading at $234.64.
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) issued its quarterly earnings results on Wednesday, October, 25th. The business services provider reported $2.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.03 by $0.05. The business services provider earned $4.51 billion during the quarter, compared to the consensus estimate 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 announced a quarterly dividend on Wednesday, November 8th. Investors of record on Friday, December 8th will be paid a dividend of $1.40 per share on Monday, January 1st. This represents a $5.60 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date is Thursday, December 7th. This is an increase 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 $5.60 per share and currently has a dividend yield of 2.43%. 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 66.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ADP will have a dividend payout ratio of 56.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ADP.

What ETFs hold Automatic Data Processing's stock?

ETFs with the largest weight of Automatic Data Processing (NASDAQ:ADP) stock in their portfolio include Emerge EMPWR Sustainable Global Core Equity ETF (EMZA), Formidable Fortress ETF (KONG), Schwab US Dividend Equity ETF (SCHD), Industrial Select Sector SPDR Fund (XLI), Fidelity MSCI Industrials Index ETF (FIDU), Simplify Market Neutral Equity Long/Short ETF (EQLS), Adasina Social Justice All Cap Global ETF (JSTC) and ProShares Ultra Industrials (UXI).

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 EPS guidance of $9.05-9.22 for the period, compared to the consensus EPS 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 many different 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%), Wellington Management Group LLP (1.27%) and Ameriprise Financial Inc. (0.87%). 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 12/11/2023 by MarketBeat.com Staff

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