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 annualized dividend and a yield of 2.07%. The ex-dividend date is Thursday, March 12th. View Automatic Data Processing's Dividend History.

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

Automatic Data Processing (NASDAQ:ADP) released its earnings results on Wednesday, October, 30th. The business services provider reported $1.34 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.33 by $0.01. The business services provider earned $3.50 billion during the quarter, compared to analyst estimates of $3.52 billion. Automatic Data Processing had a return on equity of 46.94% and a net margin of 16.52%. The company's quarterly revenue was up 5.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.20 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 will be holding an earnings conference call on Wednesday, January 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Automatic Data Processing issued an update on its FY20 earnings guidance on Wednesday, October, 30th. The company provided earnings per share (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 $14.96-$15.10 billion, compared to the consensus revenue estimate of $15.07 billion.

12 brokerages have issued twelve-month price objectives for Automatic Data Processing's shares. Their forecasts range from $174.00 to $195.00. On average, they expect Automatic Data Processing's share price to reach $182.50 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price. View Analyst Price Targets for Automatic Data Processing.

12 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 3 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 positive this week, according to InfoTrie. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Automatic Data Processing earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned news stories about the business services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock'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 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 trading volume of 1,720,000 shares, the short-interest ratio is currently 2.9 days. Approximately 1.1% of the company's stock 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), Home Depot (HD), Mcdonald's (MCD), Verizon Communications (VZ), 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 investors include Boston Trust Walden Corp (0.16%), PGGM Investments (0.07%), Welch & Forbes LLC (0.06%), Gateway Investment Advisers LLC (0.05%), Tocqueville Asset Management L.P. (0.05%) and Pennsylvania Trust Co (0.04%). 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, Stuart Sackman and Thomas J Perrotti. 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, Baxter Bros Inc., State of Alaska Department of Revenue, Tocqueville Asset Management L.P., Abner Herrman & Brock LLC, Archford Capital Strategies LLC, Park National Corp OH and First Hawaiian Bank. 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 acquired by a variety of institutional investors in the last quarter, including PGGM Investments, Rockland Trust Co., Bright Rock Capital Management LLC, Johanson Financial Advisors Inc., Cullinan Associates Inc., Advisors Capital Management LLC, Windward Capital Management Co. CA and Baxter Bros 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 $175.70.

Automatic Data Processing has a market capitalization of $76.03 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]