Automatic Data Processing Stock Forecast, Price & News

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Automatic Data Processing in the last year. There are currently 4 sell ratings, 10 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Automatic Data Processing stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ADP, but not buy additional shares or sell existing shares.
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Automatic Data Processing is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
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Automatic Data Processing, Inc. (NASDAQ:ADP) announced its quarterly earnings results on Tuesday, January, 26th. The business services provider reported $1.52 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.29 by $0.23. The business services provider earned $3.70 billion during the quarter, compared to analyst estimates of $3.57 billion. Automatic Data Processing had a trailing twelve-month return on equity of 46.13% and a net margin of 17.07%. The business's revenue for the quarter was up .7% on a year-over-year basis. During the same period in the previous year, the business posted $1.52 EPS.
View Automatic Data Processing's earnings history.

Automatic Data Processing's stock was trading at $148.01 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, ADP stock has increased by 17.6% and is now trading at $174.02.
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Automatic Data Processing announced a quarterly dividend on Wednesday, January 13th. Shareholders of record on Friday, March 12th will be paid a dividend of $0.93 per share on Thursday, April 1st. This represents a $3.72 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend is Thursday, March 11th.
View Automatic Data Processing's dividend history.

Automatic Data Processing pays an annual dividend of $3.72 per share and currently has a dividend yield of 2.14%. Automatic Data Processing has been increasing its dividend for 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Automatic Data Processing is 62.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Automatic Data Processing will have a dividend payout ratio of 58.49% next year. This indicates that Automatic Data Processing will be able to sustain or increase its dividend.
View Automatic Data Processing's dividend history.

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

Automatic Data Processing issued an update on its FY21 earnings guidance on Wednesday, January, 27th. The company provided earnings per share guidance of $5.80-6.04 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.63. The company issued revenue guidance of $14.74-15.03 billion, compared to the consensus revenue estimate of $14.59 billion.

19 brokerages have issued 12 month price targets for Automatic Data Processing's shares. Their forecasts range from $132.00 to $210.00. On average, they anticipate Automatic Data Processing's stock price to reach $167.94 in the next year. This suggests that the stock has a possible downside of 3.5%.
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5,336 employees have rated Automatic Data Processing CEO Carlos A. Rodriguez on Glassdoor.com. Carlos A. Rodriguez has an approval rating of 90% among Automatic Data Processing's employees.

Some companies that are related to Automatic Data Processing include Visa (V), Mastercard (MA), Fidelity National Information Services (FIS), Fiserv (FISV), Global Payments (GPN), Paychex (PAYX), FLEETCOR Technologies (FLT), Broadridge Financial Solutions (BR), Jack Henry & Associates (JKHY), The Western Union (WU), WEX (WEX), Euronet Worldwide (EEFT), Genpact (G), CoreLogic (CLGX) and Maximus (MMS).
View all of ADP's competitors.

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

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

Automatic Data Processing's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.13%), Morgan Stanley (3.19%), Bank of New York Mellon Corp (3.06%), Alliancebernstein L.P. (2.61%), Wells Fargo & Company MN (2.15%) and Fundsmith LLP (1.66%). 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, Jan Siegmund, John Ayala, Joseph Desilva 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 JPMorgan Chase & Co., Renaissance Technologies LLC, CI Investments Inc., Sumitomo Mitsui Trust Holdings Inc., BlackRock Inc., Janus Henderson Group PLC, Cedar Rock Capital Ltd., and Bahl & Gaynor Inc.. 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, and Joseph Desilva.
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ADP stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Amundi Pioneer Asset Management Inc., American International Group Inc., Veritas Investment Partners UK Ltd., Cibc World Markets Corp, Principal Financial Group Inc., Bank of New York Mellon Corp, and Lazard Asset Management LLC.
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Shares of ADP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ADP stock can currently be purchased for approximately $174.02.

Automatic Data Processing has a market capitalization of $74.47 billion and generates $14.59 billion in revenue each year. The business services provider earns $2.47 billion in net income (profit) each year or $5.92 on an earnings per share basis.

Automatic Data Processing employs 58,000 workers across the globe.

The following companies are subsidiares of Automatic Data Processing: ADP Atlantic, ADP Benefits Services KY, ADP Brasil Ltda, ADP Broker-Dealer Inc, ADP Canada Co., ADP Employer Services GmbH, ADP Europe SAS, ADP France SAS, ADP GSI France SAS, ADP GlobalView B.V., ADP Indemnity, ADP International Services BV, ADP LLC, ADP MasterTax, ADP Pacific, ADP Payroll Services, ADP Private Limited, ADP Screening and Selection Services, ADP Tax Services, ADP Technology Services, ADP TotalSource CO XXI, ADP TotalSource CO XXII, ADP TotalSource FL XVI, ADP TotalSource FL XXIX, ADP TotalSource Group, ADP TotalSource I, ADP TotalSource of CO XXIII, Automatic Data Processing Insurance Agency, Automatic Data Processing Limited, Automatic Data Processing Limited (UK), Celergo, Global Cash Card, Ma Foi Consulting Solutions Ltd., Payroll S.A., PhyLogic Healthcare, SHPS Inc., The Marcus Buckingham Company, The RightThing, Wallace, and Work Market.

Automatic Data Processing was founded in 1949.

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

Automatic Data Processing is headquartered at ONE ADP BOULVARD, ROSELAND NJ, 07068.

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]