NASDAQ:ADP - Automatic Data Processing Stock Price, Forecast & News

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

Automatic Data Processing declared a quarterly dividend on Wednesday, January 15th. Investors of record on Friday, March 13th will be paid a dividend of $0.91 per share on Wednesday, April 1st. This represents a $3.64 dividend on an annualized basis and a yield of 2.12%. The ex-dividend date is Thursday, March 12th. View Automatic Data Processing's Dividend History.

Automatic Data Processing declared that its board has approved a stock repurchase program on Tuesday, November 12th 2019, which permits the company to repurchase $5,000,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 6.8% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its stock is undervalued.

Automatic Data Processing (NASDAQ:ADP) posted its earnings results on Wednesday, January, 29th. The business services provider reported $1.52 EPS for the quarter, topping analysts' consensus estimates of $1.44 by $0.08. The business services provider had revenue of $3.67 billion for the quarter, compared to analyst estimates of $3.69 billion. Automatic Data Processing had a return on equity of 46.94% and a net margin of 16.52%. The company's revenue for the quarter was up 5.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.34 earnings per share. View Automatic Data Processing's Earnings History.

Automatic Data Processing is scheduled to release their next quarterly earnings announcement on Wednesday, January 29th 2020. View Earnings Estimates for Automatic Data Processing.

Automatic Data Processing issued an update on its FY20 earnings guidance on Wednesday, January, 29th. The company provided EPS guidance of $6.10-6.21 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.15. The company issued revenue guidance of approx $15.03 billion, compared to the consensus revenue estimate of $15.00 billion.

13 Wall Street analysts have issued 12-month price targets for Automatic Data Processing's stock. Their forecasts range from $176.00 to $212.00. On average, they expect Automatic Data Processing's stock price to reach $186.44 in the next year. This suggests a possible upside of 8.5% from the stock's current price. View Analyst Price Targets for Automatic Data Processing.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Automatic Data Processing in the last year. There are currently 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Automatic Data Processing.

Media stories about ADP stock have trended very negative this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Automatic Data Processing earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines about the business services provider a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock's share price in the near future. View News Stories for Automatic Data Processing.

Automatic Data Processing saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 4,930,000 shares, an increase of 9.3% from the December 15th total of 4,510,000 shares. Based on an average daily volume of 1,720,000 shares, the days-to-cover ratio is currently 2.9 days. Currently, 1.1% of the company's shares are short sold. View Automatic Data Processing's Current Options Chain.

Some companies that are related to Automatic Data Processing include Visa (V), Mastercard (MA), Fidelity National Information Servcs (FIS), Fiserv (FISV), Global Payments (GPN), Worldpay (WP), Paychex (PAYX), FleetCor Technologies (FLT), Total System Services (TSS), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), WEX (WEX), Euronet Worldwide (EEFT) and Genpact (G).

Based on aggregate information from My MarketBeat watchlists, some companies that other Automatic Data Processing investors own include Anworth Mortgage Asset Corp Reit (ANH), Johnson & Johnson (JNJ), Procter & Gamble (PG), Cisco Systems (CSCO), Verizon Communications (VZ), Mcdonald's (MCD), Home Depot (HD), AT&T (T), Air Transport Services Group (ATSG) and Walmart (WMT).

Automatic Data Processing's stock is owned by many different of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.40%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.29%), Boston Trust Walden Corp (0.16%), New York State Teachers Retirement System (0.13%), Huntington National Bank (0.11%) and State of Michigan Retirement System (0.07%). Company insiders that own Automatic Data Processing stock include Brock Albinson, Carlos A Rodriguez, Dermot J O'brien, Don Mcguire, Donald Weinstein, Douglas W Politi, Jan Siegmund, John Ayala, John P Jones III, Maria Black, Michael A Bonarti, Michael C Eberhard 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 Sabal Trust CO, Zurcher Kantonalbank Zurich Cantonalbank, California Public Employees Retirement System, Baxter Bros Inc., Meag Munich Ergo Kapitalanlagegesellschaft MBH, Strs Ohio, State of Alaska Department of Revenue and Tocqueville Asset Management L.P.. Company insiders that have sold Automatic Data Processing company stock in the last year include Brock Albinson, Carlos A Rodriguez, Dermot J O'brien, Don Mcguire, Donald Weinstein, Douglas W Politi, Jan Siegmund, John Ayala, Maria Black and Stuart Sackman. View Insider Buying and Selling for Automatic Data Processing.

ADP stock was bought by a variety of institutional investors in the last quarter, including PGGM Investments, Hillman Co., Rockland Trust Co., DT Investment Partners LLC, Executive Wealth Management LLC, Bright Rock Capital Management LLC, Johanson Financial Advisors Inc. and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA. View Insider Buying and Selling for Automatic Data Processing.

Shares of ADP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of ADP stock can currently be purchased for approximately $171.89.

Automatic Data Processing has a market capitalization of $74.38 billion and generates $14.18 billion in revenue each year. The business services provider earns $2.29 billion in net income (profit) each year or $5.45 on an earnings per share basis. Automatic Data Processing employs 58,000 workers across the globe.View Additional Information About Automatic Data Processing.

The official website for Automatic Data Processing is http://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]