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What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Sports analytics may be outnumbered when it comes to artificial intelligence
Critical asset just had biggest fall on record (Ad)
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
South Korean doctors hold massive anti-government rally over medical school recruitment plan
What to watch for as China's major political meeting of the year gets underway

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

$249.69
-1.44 (-0.57%)
(As of 03/1/2024 ET)
Today's Range
$248.33
$250.18
50-Day Range
$230.97
$255.87
52-Week Range
$201.46
$256.84
Volume
2.09 million shs
Average Volume
1.48 million shs
Market Capitalization
$102.57 billion
P/E Ratio
29.07
Dividend Yield
2.24%
Price Target
$253.17

Automatic Data Processing MarketRank™ Stock Analysis

Analyst Rating
Hold
2.11 Rating Score
Upside/​Downside
1.4% Upside
$253.17 Price Target
Short Interest
Healthy
1.15% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.22
Upright™ Environmental Score
News Sentiment
0.87mentions of Automatic Data Processing in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$3.83 M Sold Last Quarter
Proj. Earnings Growth
9.52%
From $9.14 to $10.01 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.38 out of 5 stars

Business Services Sector

37th out of 308 stocks

Data Processing & Preparation Industry

5th 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 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

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
ADP Mar 2024 252.500 call
8 cheap payroll services in February 2024
ADP data: Americans are working less now
Slow and Steady: 3 Stocks Targeting 50% Growth by 2030
3 Striking Dividend Stocks to Buy Now: February 2024
Automatic Data Processing Inc Insider Sells Shares
What Analysts Are Saying About Automatic Data Processing Stock
Q2 2024 Automatic Data Processing Inc Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 1/1 Dividend
12/07/2023
Dividend Payable
1/01/2024
Last Earnings
1/31/2024
Today
3/03/2024
Ex-Dividend for 4/1 Dividend
3/07/2024
Dividend Payable
4/01/2024
Next Earnings (Estimated)
4/24/2024
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
$253.17
High Stock Price Target
$280.00
Low Stock Price Target
$213.00
Potential Upside/Downside
+1.4%
Consensus Rating
Hold
Rating Score (0-4)
2.11
Research Coverage
9 Analysts

Profitability

Net Income
$3.41 billion
Pretax Margin
24.78%

Debt

Sales & Book Value

Annual Sales
$17.67 billion
Cash Flow
$12.00 per share
Book Value
$10.52 per share

Miscellaneous

Free Float
409,723,000
Market Cap
$102.57 billion
Optionable
Optionable
Beta
0.78

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ADP Stock Analysis - Frequently Asked Questions

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

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Automatic Data Processing in the last twelve months. There are currently 1 sell rating, 6 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?

9 Wall Street analysts have issued 12 month target prices for Automatic Data Processing's stock. Their ADP share price targets range from $213.00 to $280.00. On average, they anticipate the company's share price to reach $253.17 in the next year. This suggests a possible upside of 1.4% 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 2024?

Automatic Data Processing's stock was trading at $232.97 at the start of the year. Since then, ADP stock has increased by 7.2% and is now trading at $249.69.
View the best growth stocks for 2024 here
.

Are investors shorting Automatic Data Processing?

Automatic Data Processing saw a increase in short interest in the month of February. As of February 15th, there was short interest totaling 4,710,000 shares, an increase of 21.7% from the January 31st total of 3,870,000 shares. Based on an average daily trading volume, of 1,700,000 shares, the days-to-cover ratio is presently 2.8 days. Approximately 1.2% of the company's shares are sold short.
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, April 24th 2024.
View our ADP earnings forecast
.

How were Automatic Data Processing's earnings last quarter?

Automatic Data Processing, Inc. (NASDAQ:ADP) issued its earnings results on Wednesday, January, 31st. The business services provider reported $2.13 earnings per share for the quarter, topping analysts' consensus estimates of $2.10 by $0.03. The business services provider had revenue of $4.67 billion for the quarter, compared to analysts' expectations of $4.65 billion. Automatic Data Processing had a trailing twelve-month return on equity of 95.22% and a net margin of 19.14%. Automatic Data Processing's quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.96 earnings per share.
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, January 10th. Investors of record on Friday, March 8th will be paid a dividend of $1.40 per share on Monday, April 1st. This represents a $5.60 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend is Thursday, March 7th.
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 2.23%. 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 65.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ADP will have a dividend payout ratio of 55.94% 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 FY24 earnings guidance on Wednesday, January, 31st. The company provided EPS guidance of $9.05-9.22 for the period, compared to the consensus estimate of $9.12. The company issued revenue guidance of $19.09-19.27 billion, compared to the consensus revenue estimate of $19.14 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 retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.64%), Charles Schwab Investment Management Inc. (2.10%), Northern Trust Corp (1.38%), State Farm Mutual Automobile Insurance Co. (0.91%), Capital Research Global Investors (0.86%) and Legal & General Group Plc (0.84%). Insiders that own company stock include Alexander Quevedo, Augusto J Blanchard, Carlos A Rodriguez, Christopher D'ambrosio, David Kwon, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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 3/3/2024 by MarketBeat.com Staff