Automatic Data Processing Stock Forecast, Price & News

12 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, 9 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research 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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12 brokers have issued 12-month price objectives for Automatic Data Processing's stock. Their ADP stock forecasts range from $213.00 to $257.00. On average, they anticipate Automatic Data Processing's stock price to reach $230.69 in the next twelve months. This suggests a possible upside of 8.2% from the stock's current price.
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Automatic Data Processing's stock was trading at $246.58 on January 1st, 2022. Since then, ADP stock has decreased by 13.5% and is now trading at $213.23.
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Automatic Data Processing is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
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Automatic Data Processing will be holding an earnings conference call on Wednesday, July 27th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

Automatic Data Processing, Inc. (NASDAQ:ADP) released its earnings results on Wednesday, April, 27th. The business services provider reported $2.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.14. The business services provider earned $4.51 billion during the quarter, compared to analyst estimates of $4.45 billion. Automatic Data Processing had a trailing twelve-month return on equity of 56.01% and a net margin of 17.77%. The company's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.89 EPS.
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Automatic Data Processing announced a quarterly dividend on Wednesday, April 6th. Shareholders of record on Friday, June 10th will be given a dividend of $1.04 per share on Friday, July 1st. This represents a $4.16 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date is Thursday, June 9th.
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Automatic Data Processing(NASDAQ:ADP) pays an annual dividend of $4.16 per share and currently has a dividend yield of 1.98%. 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 61.45%. 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 53.68% next year. This indicates that Automatic Data Processing will be able to sustain or increase its dividend.
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Automatic Data Processing issued an update on its FY22 earnings guidance on Wednesday, April, 27th. The company provided earnings per share guidance of $6.92-7.04 for the period, compared to the consensus estimate of $6.82. The company issued revenue guidance of ~$16.36-16.51 billion, compared to the consensus revenue estimate of $16.29 billion.

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

Some companies that are related to Automatic Data Processing include Visa (V), Mastercard (MA), Fiserv (FISV), Fidelity National Information Services (FIS), Paychex (PAYX), Global Payments (GPN), Broadridge Financial Solutions (BR), FLEETCOR Technologies (FLT), Jack Henry & Associates (JKHY), Genpact (G), WEX (WEX), Western Union (WU), Euronet Worldwide (EEFT), ExlService (EXLS) 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), Procter & Gamble (PG), AT&T (T), AbbVie (ABBV), McDonald's (MCD), Walmart (WMT) and Home Depot (HD).

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

Automatic Data Processing's stock is owned by many different retail and institutional investors. Top institutional shareholders include Park National Corp OH (0.01%) and Chemung Canal Trust Co. (0.00%). Company insiders that own Automatic Data Processing stock include Alexander Quevedo, Brian L Michaud, Brock Albinson, Carlos A Rodriguez, Christopher D'ambrosio, Deborah L Dyson, Deborah L Dyson, Dermot J O'brien, Don Mcguire, Donald Weinstein, James T Sperduto, John Ayala, Joseph Desilva, Sreenivasa Kutam and Stuart Sackman.
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ADP stock was sold by a variety of institutional investors in the last quarter, including Park National Corp OH. Company insiders that have sold Automatic Data Processing company stock in the last two years include Alexander Quevedo, Brian L Michaud, Brock Albinson, Carlos A Rodriguez, Christopher D'ambrosio, Deborah L Dyson, Donald Weinstein, James T Sperduto, Joseph Desilva, Sreenivasa Kutam, and Stuart Sackman.
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ADP stock was bought by a variety of institutional investors in the last quarter, including Chemung Canal Trust Co..
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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.
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One share of ADP stock can currently be purchased for approximately $213.23.

Automatic Data Processing (NASDAQ:ADP) has a market capitalization of $89.08 billion and generates $15.01 billion in revenue each year. The business services provider earns $2.60 billion in net income (profit) each year or $6.77 on an earnings per share basis.

Automatic Data Processing employs 56,000 workers across the globe.

Automatic Data Processing was founded in 1949.

Automatic Data Processing's mailing address is ONE ADP BOULVARD, ROSELAND NJ, 07068. The official website for Automatic Data Processing is www.adp.com. The business services provider can be reached via phone at (833) 800-0380, via email at investor.mail@adp.com, or via fax at 973-974-5390.