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. Shareholders 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 yield of 2.19%. The ex-dividend date of this dividend is Thursday, March 12th. View Automatic Data Processing's Dividend History.

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

Automatic Data Processing (NASDAQ:ADP) posted its quarterly earnings results on Wednesday, January, 29th. The business services provider reported $1.52 EPS for the quarter, beating the consensus estimate of $1.44 by $0.08. The business services provider earned $3.67 billion during the quarter, compared to analysts' expectations of $3.69 billion. Automatic Data Processing had a net margin of 16.97% and a return on equity of 46.96%. The firm's quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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 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 brokerages have issued 1 year target prices for Automatic Data Processing's stock. Their forecasts range from $176.00 to $212.00. On average, they expect Automatic Data Processing's share price to reach $187.00 in the next year. This suggests a possible upside of 12.4% 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 articles about ADP stock have trended somewhat negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Automatic Data Processing earned a coverage optimism score of -1.2 on InfoTrie's scale. They also gave news stories about the business services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Automatic Data Processing.

Automatic Data Processing saw a increase in short interest in 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 trading volume of 1,780,000 shares, the short-interest ratio is presently 2.9 days. Currently, 1.2% 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), 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 investors 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 purchased 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 $166.33.

Automatic Data Processing has a market capitalization of $71.81 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]