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

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

Automatic Data Processing announced a quarterly dividend on Wednesday, January 15th. Stockholders of record on Friday, March 13th will be given a dividend of $0.91 per share on Wednesday, April 1st. This represents a $3.64 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Thursday, March 12th. View Automatic Data Processing's Dividend History.

Automatic Data Processing declared that its Board of Directors has approved a share buyback plan on Tuesday, November 12th 2019, which authorizes the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 6.8% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

Automatic Data Processing (NASDAQ:ADP) issued 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 46.96% and a net margin of 16.97%. Automatic Data Processing's revenue for the quarter was up 5.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.34 EPS. View Automatic Data Processing's Earnings History.

Automatic Data Processing is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 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 earnings per share (EPS) guidance of $6.10-6.21 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokers have issued 1 year price objectives for Automatic Data Processing's stock. Their forecasts range from $176.00 to $212.00. On average, they anticipate Automatic Data Processing's share price to reach $187.00 in the next twelve months. This suggests a possible upside of 13.1% 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.

News coverage about ADP stock has been trending somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Automatic Data Processing earned a news impact score of -1.9 on InfoTrie's scale. They also gave headlines about the business services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Automatic Data Processing.

Automatic Data Processing saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 5,130,000 shares, an increase of 7.1% from the January 30th total of 4,790,000 shares. Based on an average daily trading volume, of 1,780,000 shares, the days-to-cover ratio is presently 2.9 days. Approximately 1.2% of the shares of the company are sold short. 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), Genpact (G) and Euronet Worldwide (EEFT).

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

Automatic Data Processing's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Wealth Quarterback LLC (12.28%), State Street Corp (4.48%), Bank of New York Mellon Corp (2.30%), Geode Capital Management LLC (1.75%), Alliancebernstein L.P. (1.75%) and Polen Capital Management LLC (1.17%). Company insiders that own Automatic Data Processing stock include Brock Albinson, Carlos A Rodriguez, Deborah L Dyson, 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 FMR LLC, Janus Henderson Group PLC, GQG Partners LLC, Banco Santander S.A., Alberta Investment Management Corp, Sustainable Growth Advisers LP, MUFG Securities EMEA plc and PNC Financial Services Group Inc.. Company insiders that have sold Automatic Data Processing company stock in the last year include Brock Albinson, Carlos A Rodriguez, Deborah L Dyson, Dermot J O'brien, Don Mcguire, Donald Weinstein, Jan Siegmund, John Ayala 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 Wealth Quarterback LLC, Goldman Sachs Group Inc., Alliancebernstein L.P., Stifel Financial Corp, UBS Group AG, Capital Research Global Investors, PGGM Investments and UBS Asset Management Americas Inc.. 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 $165.33.

Automatic Data Processing has a market capitalization of $71.38 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]