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. Investors 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 dividend on an annualized basis and a yield of 2.01%. 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 has initiated a stock repurchase program on Tuesday, November 12th 2019, which allows the company to buyback $5,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 6.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

Automatic Data Processing (NASDAQ:ADP) announced its earnings results on Wednesday, January, 29th. The business services provider reported $1.52 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.44 by $0.08. The business services provider had revenue of $3.67 billion for the quarter, compared to analysts' expectations of $3.69 billion. The firm's revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.34 earnings per share. 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 updated 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 equities research analysts have issued 1 year price targets 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 3.2% 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.

Media headlines about ADP stock have been trending somewhat positive this week, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, 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 news headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Automatic Data Processing.

Some companies that are related to Automatic Data Processing include Worldpay (WP), Total System Services (TSS), Alliance Data Systems (ADS), Black Knight InfoServ (LPS), Broadridge Financial Solutions (BR), Cardtronics (CATM), Cass Information Systems (CASS), Corelogic (CLGX), CSG Systems International (CSGS), Euronet Worldwide (EEFT), Everi (EVRI), ExlService (EXLS), Fidelity National Information Servcs (FIS), Fiserv (FISV) and FleetCor Technologies (FLT).

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

Automatic Data Processing's stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (4.48%), Bank of New York Mellon Corp (2.30%), Polen Capital Management LLC (1.17%), UBS Asset Management Americas Inc. (0.87%), Goldman Sachs Group Inc. (0.76%) and FMR LLC (0.68%). 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, GQG Partners LLC, Banco Santander S.A., Sustainable Growth Advisers LP, MUFG Securities EMEA plc, PNC Financial Services Group Inc., Sabal Trust CO and AustralianSuper Pty Ltd. 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 acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Stifel Financial Corp, UBS Group AG, PGGM Investments, UBS Asset Management Americas Inc., Bank of New York Mellon Corp, State Street Corp and Polen Capital Management LLC. 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 $181.25.