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NASDAQ:ADPAutomatic Data Processing Stock Price, Forecast & News

$160.13
+10.16 (+6.77 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$153.57
Now: $160.13
$161.05
50-Day Range
$133.10
MA: $140.76
$151.68
52-Week Range
$103.11
Now: $160.13
$182.32
Volume3.30 million shs
Average Volume2.66 million shs
Market Capitalization$68.82 billion
P/E Ratio27.47
Dividend Yield2.43%
Beta0.83
Automatic Data Processing, Inc. provides business process outsourcing services worldwide. It operates through two segments, Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers various human resources (HR) outsourcing and technology-based human capital management solutions. Its offerings include payroll, benefits administration, talent management, HR management, time and attendance management, insurance, retirement, and compliance services. This segment provides a range of solutions, which businesses of various types and sizes can use to activate talent, as well as recruit, pay, manage, and retain their workforce. It serves approximately 630,000 clients through its cloud-based strategic software as a service offering. The PEO Services segment provides HR outsourcing solutions through a co-employment model. This segment offers HR administration services, including employee recruitment, payroll and tax administration, time and attendance management, benefits administration, employee training and development, online HR management tools, and employee leave administration. It also provides employee benefits that enable eligible worksite employees with access to a 401(k) retirement savings plan, health savings accounts, flexible spending accounts, group term life and disability coverage, and an employee assistance program, as well as group health, dental, and vision coverage. In addition, this segment offers employer liability management services comprising workers' compensation program, unemployment claims management, safety compliance guidance and access to safety training, access to employment practices liability insurance, and guidance on compliance with the United States federal, state, and local employment laws and regulations. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.3Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.08 out of 5 stars


Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryData Processing & Outsourced Services
Current SymbolNASDAQ:ADP
CUSIP05301510
CIK8670
Phone973-974-5000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$14.18 billion
Cash Flow$9.12 per share
Book Value$12.41 per share

Profitability

Net Income$2.29 billion

Miscellaneous

Employees58,000
Market Cap$68.82 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Automatic Data Processing (NASDAQ:ADP) Frequently Asked Questions

How has Automatic Data Processing's stock been impacted by COVID-19 (Coronavirus)?

Automatic Data Processing's stock was trading at $148.01 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ADP stock has increased by 8.2% and is now trading at $160.13. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Automatic Data Processing?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Automatic Data Processing in the last year. There are currently 1 sell rating, 12 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Automatic Data Processing.

When is Automatic Data Processing's next earnings date?

Automatic Data Processing is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Automatic Data Processing.

How were Automatic Data Processing's earnings last quarter?

Automatic Data Processing (NASDAQ:ADP) released its quarterly earnings results on Wednesday, April, 29th. The business services provider reported $1.92 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $1.92. The business services provider had revenue of $4.05 billion for the quarter, compared to the consensus estimate of $4.03 billion. Automatic Data Processing had a net margin of 17.20% and a return on equity of 47.51%. The company's revenue for the quarter was up 5.7% on a year-over-year basis. During the same quarter last year, the business earned $1.77 earnings per share. View Automatic Data Processing's earnings history.

How often does Automatic Data Processing pay dividends? What is the dividend yield for Automatic Data Processing?

Automatic Data Processing announced a quarterly dividend on Wednesday, April 8th. Shareholders of record on Friday, June 12th will be given a dividend of $0.91 per share on Wednesday, July 1st. This represents a $3.64 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Thursday, June 11th. View Automatic Data Processing's dividend history.

How will Automatic Data Processing's stock buyback program work?

Automatic Data Processing declared that its board has initiated a stock 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 repurchase up to 6.8% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board believes its shares are undervalued.

What guidance has Automatic Data Processing issued on next quarter's earnings?

Automatic Data Processing issued an update on its FY20 earnings guidance on Wednesday, April, 29th. The company provided earnings per share guidance of $5.67-5.83 for the period, compared to the Thomson Reuters consensus estimate of $5.82. The company issued revenue guidance of approx $14.60 billion, compared to the consensus revenue estimate of $14.60 billion.

What price target have analysts set for ADP?

17 Wall Street analysts have issued 1 year price objectives for Automatic Data Processing's shares. Their forecasts range from $132.00 to $212.00. On average, they expect Automatic Data Processing's stock price to reach $165.54 in the next year. This suggests a possible upside of 3.4% from the stock's current price. View analysts' price targets for Automatic Data Processing.

Has Automatic Data Processing been receiving favorable news coverage?

News headlines about ADP stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by analyzing 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 news sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the business services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutAutomatic Data Processing.

Are investors shorting Automatic Data Processing?

Automatic Data Processing saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 4,320,000 shares, a decline of 22.3% from the April 30th total of 5,560,000 shares. Based on an average daily volume of 2,880,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.0% of the shares of the company are sold short. View Automatic Data Processing's Current Options Chain.

Who are some of Automatic Data Processing's key competitors?

What other stocks do shareholders of Automatic Data Processing own?

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

Who are Automatic Data Processing's key executives?

Automatic Data Processing's management team includes the following people:
  • Mr. Carlos A. Rodriguez, CEO, Pres & Director (Age 55)
  • Mr. Michael Anthony Bonarti, Director (Age 54)
  • Mr. Dermot J. O'Brien, Chief Transformation Officer (Age 53)
  • Ms. Kathleen A. Winters, Corp. VP & CFO (Age 51)
  • Mr. Donald Weinstein, Corp. VP of Global Product & Technology (Age 50)

What is Automatic Data Processing's stock symbol?

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

Who are Automatic Data Processing's major shareholders?

Automatic Data Processing's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.23%), State Street Corp (4.46%), Morgan Stanley (2.66%), JPMorgan Chase & Co. (2.33%), Bank of New York Mellon Corp (2.32%) and Alliancebernstein L.P. (2.22%). 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, 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.

Which institutional investors are selling Automatic Data Processing stock?

ADP stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Sustainable Growth Advisers LP, JPMorgan Chase & Co., Bessemer Group Inc., Nuveen Asset Management LLC, Two Sigma Advisers LP, Russell Investments Group Ltd., and Two Sigma Investments LP. 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, Dermot J O'brien, Don Mcguire, Donald Weinstein, and John Ayala. View insider buying and selling activity for Automatic Data Processing.

Which institutional investors are buying Automatic Data Processing stock?

ADP stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., M&G Investment Management Ltd., Morgan Stanley, Mackenzie Financial Corp, Public Investment Fund, California Public Employees Retirement System, Capital Research Global Investors, and Sumitomo Mitsui Trust Holdings Inc.. View insider buying and selling activity for Automatic Data Processing.

How do I buy shares of 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.

What is Automatic Data Processing's stock price today?

One share of ADP stock can currently be purchased for approximately $160.13.

How big of a company is Automatic Data Processing?

Automatic Data Processing has a market capitalization of $68.82 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.

What is Automatic Data Processing's official website?

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

How can I contact Automatic Data Processing?

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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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