Automatic Data Processing Stock Forecast, Price & News

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. Since then, ADP stock has increased by 11.9% and is now trading at $165.67.
View which stocks have been most impacted by COVID-19.

17 Wall Street equities research 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 3 buy ratings for the stock. The consensus among Wall Street equities research 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.
View analyst ratings for Automatic Data Processing or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Automatic Data Processing a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Automatic Data Processing wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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.

Automatic Data Processing, Inc. (NASDAQ:ADP) announced its quarterly earnings results on Tuesday, January, 26th. The business services provider reported $1.52 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.29 by $0.23. The business services provider had revenue of $3.70 billion for the quarter, compared to analyst estimates of $3.57 billion. Automatic Data Processing had a net margin of 17.07% and a trailing twelve-month return on equity of 46.13%. The business's revenue for the quarter was up .7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.52 EPS.
View Automatic Data Processing's earnings history.

Automatic Data Processing announced a quarterly dividend on Wednesday, January 13th. Stockholders of record on Friday, March 12th will be given a dividend of $0.93 per share on Thursday, April 1st. This represents a $3.72 annualized dividend and a dividend yield of 2.25%. 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 2.26%. 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 initiated a stock repurchase program on Tuesday, November 12th 2019, which permits the company to repurchase $5,000,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 6.8% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's board of directors believes its stock is undervalued.

Automatic Data Processing updated its FY21 earnings guidance on Wednesday, January, 27th. The company provided EPS guidance of $5.80-6.04 for the period, compared to the Thomson Reuters consensus EPS 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.

17 Wall Street analysts have issued 1-year price targets for Automatic Data Processing's stock. Their forecasts range from $132.00 to $200.00. On average, they anticipate Automatic Data Processing's stock price to reach $158.86 in the next twelve months. This suggests that the stock has a possible downside of 4.1%.
View analysts' price targets for Automatic Data Processing or view Wall Street analyst' top-rated stocks.

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), Genpact (G), Euronet Worldwide (EEFT), 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 many different institutional and retail investors. Top institutional shareholders include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.24%), Coho Partners Ltd. (0.24%), Boston Trust Walden Corp (0.16%), New York State Teachers Retirement System (0.12%), KAMES CAPITAL plc (0.11%) and Dearborn Partners LLC (0.08%). 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, Joseph Desilva, Maria Black 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 Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Candriam Luxembourg S.C.A., Gateway Investment Advisers LLC, American National Bank, Huntington National Bank, UNIVEST FINANCIAL Corp, Pacer Advisors Inc., and Strategic Blueprint LLC. 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, Donald Weinstein, and Joseph Desilva.
View insider buying and selling activity for Automatic Data Processing or view top insider-selling stocks.

ADP stock was bought by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Coho Partners Ltd., Robeco Institutional Asset Management B.V., Mechanics Bank Trust Department, Louisiana State Employees Retirement System, Ingalls & Snyder LLC, Bath Savings Trust Co, and Adviser Investments LLC.
View insider buying and selling activity for Automatic Data Processing or or view top insider-buying stocks.

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.

One share of ADP stock can currently be purchased for approximately $165.67.

Automatic Data Processing has a market capitalization of $71.04 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 official website for Automatic Data Processing is 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]