Automatic Data Processing Stock Forecast, Price & News

Automatic Data Processing's stock was trading at $148.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ADP stock has increased by 8.9% and is now trading at $161.12.
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17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Automatic Data Processing in the last year. There are currently 4 sell ratings, 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Automatic Data Processing stock. 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.
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Automatic Data Processing is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Automatic Data Processing.

Automatic Data Processing will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Automatic Data Processing, Inc. (NASDAQ:ADP) released its quarterly earnings results on Wednesday, October, 28th. The business services provider reported $1.41 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.44. The business services provider had revenue of $3.47 billion for the quarter, compared to analysts' expectations of $3.29 billion. Automatic Data Processing had a net margin of 17.07% and a return on equity of 46.13%. During the same period last year, the firm earned $1.34 EPS.
View Automatic Data Processing's earnings history.

Automatic Data Processing declared a quarterly dividend on Wednesday, January 13th. Stockholders of record on Friday, March 12th will be paid a dividend of $0.93 per share on Thursday, April 1st. This represents a $3.72 annualized dividend and a yield of 2.31%. The ex-dividend date is Thursday, March 11th.
View Automatic Data Processing's dividend history.

Automatic Data Processing pays an annual dividend of $3.72 per share and currently has a dividend yield of 2.30%. Automatic Data Processing has been increasing its dividend for 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Automatic Data Processing is 62.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Automatic Data Processing will have a dividend payout ratio of 58.49% next year. This indicates that Automatic Data Processing will be able to sustain or increase its dividend.
View Automatic Data Processing's dividend history.

Automatic Data Processing announced that its Board of Directors has authorized a share buyback program on Tuesday, November 12th 2019, which authorizes the company to buyback $5,000,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 6.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Automatic Data Processing issued an update on its FY21 earnings guidance on Wednesday, October, 28th. The company provided earnings per share guidance of $5.51-5.74 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.00. The company issued revenue guidance of $14.44-14.74 billion, compared to the consensus revenue estimate of $14.16 billion.

17 brokerages have issued 12 month target prices for Automatic Data Processing's shares. Their forecasts range from $132.00 to $200.00. On average, they expect Automatic Data Processing's share price to reach $158.86 in the next year. This suggests that the stock has a possible downside of 1.4%.
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Some companies that are related to Automatic Data Processing include Visa (V), Mastercard (MA), Fidelity National Information Services (FIS), Fiserv (FISV), Global Payments (GPN), Paychex (PAYX), FLEETCOR Technologies (FLT), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), WEX (WEX), The Western Union (WU), Genpact (G), Euronet Worldwide (EEFT), CoreLogic (CLGX) and Maximus (MMS).
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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), The Procter & Gamble (PG), AT&T (T), AbbVie (ABBV), McDonald's (MCD), Walmart (WMT) and The Home Depot (HD).

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

Automatic Data Processing's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.24%), Boston Trust Walden Corp (0.16%), Huntington National Bank (0.07%), Gateway Investment Advisers LLC (0.05%), Tandem Investment Advisors Inc. (0.03%) and Raub Brock Capital Management LP (0.03%). Company insiders that own Automatic Data Processing stock include Brian L Michaud, Brock Albinson, Carlos A Rodriguez, Deborah L Dyson, Dermot J O'brien, Don Mcguire, Donald Weinstein, Douglas W Politi, Jan Siegmund, John Ayala, Joseph Desilva, Maria Black and Stuart Sackman.
View institutional ownership trends for Automatic Data Processing.

ADP stock was sold by a variety of institutional investors in the last quarter, including Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Gateway Investment Advisers LLC, American National Bank, Huntington National Bank, Abner Herrman & Brock LLC, State of Alaska Department of Revenue, Cullinan Associates Inc., and Crossmark Global Holdings Inc.. Company insiders that have sold Automatic Data Processing company stock in the last year include Brian L Michaud, Brock Albinson, Carlos A Rodriguez, Deborah L Dyson, Don Mcguire, Donald Weinstein, John Ayala, and Joseph Desilva.
View insider buying and selling activity for Automatic Data Processing or view top insider-selling stocks.

ADP stock was bought by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System, Bath Savings Trust Co, IFM Investors Pty Ltd, Tandem Investment Advisors Inc., Raub Brock Capital Management LP, Aurora Private Wealth Inc., Rockland Trust Co., and Bellecapital International Ltd..
View insider buying and selling activity for Automatic Data Processing or or view top insider-buying stocks.

Shares of ADP 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.

One share of ADP stock can currently be purchased for approximately $161.12.

Automatic Data Processing has a market capitalization of $69.09 billion and generates $14.59 billion in revenue each year. The business services provider earns $2.47 billion in net income (profit) each year or $5.92 on an earnings per share basis. Automatic Data Processing employs 58,000 workers across the globe.

The official website for Automatic Data Processing is www.adp.com.

Automatic Data Processing's mailing address is ONE ADP BOULVARD, ROSELAND NJ, 07068. The business services provider can be reached via phone at 973-974-5000 or via email at [email protected]