Automatic Data Processing Stock Forecast, Price & News

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Automatic Data Processing in the last year. There are currently 4 sell ratings, 7 hold ratings and 6 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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Automatic Data Processing saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 3,830,000 shares, a decline of 19.9% from the March 31st total of 4,780,000 shares. Based on an average trading volume of 1,970,000 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.9% of the company's stock are short sold.
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Automatic Data Processing is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Automatic Data Processing.

Automatic Data Processing, Inc. (NASDAQ:ADP) issued its quarterly earnings results on Tuesday, April, 27th. The business services provider reported $1.89 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.82 by $0.07. The business services provider had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.08 billion. Automatic Data Processing had a trailing twelve-month return on equity of 46.13% and a net margin of 17.07%. The company's quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.92 earnings per share.
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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 shares have increased by 30.1% and is now trading at $192.52.
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Automatic Data Processing announced a quarterly dividend on Wednesday, April 7th. Investors of record on Friday, June 11th will be paid a dividend of $0.93 per share on Thursday, July 1st. This represents a $3.72 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date is Thursday, June 10th.
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 1.96%. 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 declared that its Board of Directors has authorized a share repurchase 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 repurchase up to 6.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company's management believes its shares are undervalued.

Automatic Data Processing updated its FY 2021 earnings guidance on Wednesday, May, 5th. The company provided earnings per share (EPS) guidance of 5.920-5.980 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.930. The company issued revenue guidance of $14.88 billion-$15.03 billion, compared to the consensus revenue estimate of $14.88 billion.

17 equities research analysts have issued 12 month price targets for Automatic Data Processing's stock. Their forecasts range from $132.00 to $212.00. On average, they expect Automatic Data Processing's share price to reach $176.31 in the next twelve months. This suggests that the stock has a possible downside of 8.4%.
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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), Fidelity National Information Services (FIS), Fiserv (FISV), Global Payments (GPN), Paychex (PAYX), FLEETCOR Technologies (FLT), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), WEX (WEX), Genpact (G), Euronet Worldwide (EEFT), CoreLogic (CLGX) and Alliance Data Systems (ADS).
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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 retail and institutional investors. Top institutional investors include BlackRock Inc. (7.17%), Bank of New York Mellon Corp (3.12%), Alliancebernstein L.P. (2.69%), Geode Capital Management LLC (1.82%), Northern Trust Corp (1.45%) and Jensen Investment Management Inc. (0.49%). 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, John Ayala, Joseph Desilva and Stuart Sackman.
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ADP stock was sold by a variety of institutional investors in the last quarter, including Cibc World Markets Corp, Sumitomo Mitsui Trust Holdings Inc., Franklin Resources Inc., Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Avalon Investment & Advisory, State of Michigan Retirement System, Bank of Montreal Can, and Norinchukin Bank The. 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, Joseph Desilva, and Stuart Sackman.
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ADP stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., HS Management Partners LLC, Jensen Investment Management Inc., Alliancebernstein L.P., Conning Inc., Bank of New York Mellon Corp, Coerente Capital Management, and Clarus Group Inc..
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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 $192.52.

Automatic Data Processing has a market capitalization of $81.92 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 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.

Automatic Data Processing was founded in 1949.

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

Automatic Data Processing is headquartered at ONE ADP BOULVARD, ROSELAND NJ, 07068.

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]