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Automatic Data Processing (ADP) Stock Price, News & Analysis

$269.56
-0.61 (-0.23%)
(As of 09/6/2024 ET)
Today's Range
$267.79
â–Ľ
$271.49
50-Day Range
$233.44
â–Ľ
$275.91
52-Week Range
$205.53
â–Ľ
$278.24
Volume
2.81 million shs
Average Volume
1.65 million shs
Market Capitalization
$110.33 billion
P/E Ratio
30.08
Dividend Yield
2.08%
Price Target
$265.36

Automatic Data Processing MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
1.6% Downside
$265.36 Price Target
Short Interest
Healthy
1.20% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.22
Upright™ Environmental Score
News Sentiment
0.35mentions of Automatic Data Processing in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$13.52 M Sold Last Quarter
Proj. Earnings Growth
8.27%
From $10.04 to $10.87 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.65 out of 5 stars

Business Services Sector

27th out of 303 stocks

Data Processing & Preparation Industry

7th out of 56 stocks

ADP stock logo

About Automatic Data Processing Stock (NASDAQ:ADP)

Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.

ADP Stock Price History

ADP Stock News Headlines

The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
The death of Nvidia?
Today, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.
ADP Prices Offering Of $1 Bln Of Senior Notes
ADP Announces Pricing of its Senior Notes Due 2034
ADP Sep 2024 275.000 put
ADP to Present at Upcoming Investor Conference
See More Headlines
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Company Calendar

Ex-Dividend for 7/1 Dividend
6/14/2024
Dividend Payable
7/01/2024
Last Earnings
7/31/2024
Today
9/07/2024
Ex-Dividend for 10/1 Dividend
9/13/2024
Dividend Payable
10/01/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
Data Processing & Outsourced Services
Current Symbol
NASDAQ:ADP
CUSIP
05301510
CIK
8670
Employees
64,000
Year Founded
1949

Price Target and Rating

Average Stock Price Target
$265.36
High Stock Price Target
$310.00
Low Stock Price Target
$235.00
Potential Upside/Downside
-1.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
12 Analysts

Profitability

Net Income
$3.75 billion
Pretax Margin
25.37%

Debt

Sales & Book Value

Annual Sales
$19.20 billion
Cash Flow
$12.82 per share
Book Value
$11.15 per share

Miscellaneous

Free Float
408,227,000
Market Cap
$110.33 billion
Optionable
Optionable
Beta
0.78

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Should I Buy Automatic Data Processing Stock? ADP Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Automatic Data Processing, Inc.:

  • Automatic Data Processing (ADP) recently set a new 1-year high at $269.50, indicating positive momentum in the stock price.
  • The company has a strong return on equity of 89.20%, showcasing efficient utilization of shareholder funds.
  • ADP has a consistent revenue growth rate, with a 7.2% increase in revenue year-over-year, reflecting a healthy business performance.
  • Automatic Data Processing offers cloud-based human capital management solutions globally, tapping into the growing demand for digital HR services.
  • With a dividend yield of 2.12% and a payout ratio of 62.50%, ADP provides investors with a steady income stream.

Cons

Investors should be bearish about investing in Automatic Data Processing, Inc. for these reasons:

  • Despite recent highs, ADP's stock price can be volatile, posing risks for short-term investors.
  • The company's P/E ratio of 29.47 may indicate the stock is currently overvalued compared to industry peers.
  • ADP's debt-to-equity ratio of 0.66 suggests a moderate level of financial leverage, which could impact future growth strategies.
  • Analysts have issued mixed ratings on the stock, with some recommending a hold or sell, signaling uncertainty in the market sentiment.
  • Market conditions and regulatory changes in the HR technology sector could impact ADP's future growth prospects and profitability.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 25, 2024. Please send any questions or comments about these Automatic Data Processing pros and cons to contact@marketbeat.com.

ADP Stock Analysis - Frequently Asked Questions

How have ADP shares performed this year?

Automatic Data Processing's stock was trading at $232.97 at the beginning of 2024. Since then, ADP stock has increased by 15.7% and is now trading at $269.56.
View the best growth stocks for 2024 here
.

How were Automatic Data Processing's earnings last quarter?

Automatic Data Processing, Inc. (NASDAQ:ADP) posted its earnings results on Wednesday, July, 31st. The business services provider reported $2.09 EPS for the quarter, topping analysts' consensus estimates of $2.06 by $0.03. Automatic Data Processing's quarterly revenue was up 7.2% on a year-over-year basis.
Read the conference call transcript
.

What is Carlos A. Rodriguez's approval rating as Automatic Data Processing's CEO?

5,336 employees have rated Automatic Data Processing Chief Executive Officer Carlos A. Rodriguez on Glassdoor.com. Carlos A. Rodriguez has an approval rating of 90% among the company's employees.

Does Automatic Data Processing have any subsidiaries?

Automatic Data Processing subsidiaries include these companies: Celergo, Work Market, Global Cash Card, The Marcus Buckingham Company, Payroll S.A., SHPS Inc., PhyLogic Healthcare, and others.

Who are Automatic Data Processing's major shareholders?

Automatic Data Processing's top institutional investors include Bank of New York Mellon Corp (2.04%), Ameriprise Financial Inc. (0.99%), Legal & General Group Plc (0.87%) and Ninety One UK Ltd (0.62%). Insiders that own company stock include Maria Black, Michael A Bonarti, Carlos A Rodriguez, Don Mcguire, Donald Weinstein, Deborah L Dyson, Sreenivasa Kutam, John Ayala, Joseph Desilva, David Kwon, James T Sperduto, Laura G Brown, Augusto J Blanchard, Christopher D'ambrosio and Stuart Sackman.
View institutional ownership trends
.

How do I buy shares of Automatic Data Processing?

Shares of ADP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Automatic Data Processing own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Automatic Data Processing investors own include Johnson & Johnson (JNJ), Cisco Systems (CSCO), Intel (INTC), Verizon Communications (VZ), Procter & Gamble (PG), AT&T (T) and AbbVie (ABBV).

This page (NASDAQ:ADP) was last updated on 9/7/2024 by MarketBeat.com Staff

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