Automatic Data Processing (NASDAQ:ADP) Updates FY 2025 Earnings Guidance

Automatic Data Processing (NASDAQ:ADP - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 9.820-10.010 for the period, compared to the consensus estimate of 10.030. The company issued revenue guidance of $20.4 billion-$20.5 billion, compared to the consensus revenue estimate of $20.2 billion.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. StockNews.com lowered Automatic Data Processing from a "buy" rating to a "hold" rating in a research report on Thursday, September 19th. Stifel Nicolaus upped their price target on shares of Automatic Data Processing from $271.00 to $287.00 and gave the company a "hold" rating in a report on Thursday, August 1st. Bank of America raised their price objective on shares of Automatic Data Processing from $250.00 to $267.00 and gave the stock a "neutral" rating in a report on Thursday, August 1st. Jefferies Financial Group increased their target price on Automatic Data Processing from $260.00 to $290.00 and gave the stock a "hold" rating in a report on Tuesday, October 22nd. Finally, Royal Bank of Canada restated a "sector perform" rating and issued a $267.00 price target on shares of Automatic Data Processing in a report on Thursday, August 1st. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $277.64.

Automatic Data Processing Stock Performance

Shares of NASDAQ:ADP traded up $2.92 on Wednesday, reaching $290.87. 646,252 shares of the company's stock were exchanged, compared to its average volume of 1,626,218. Automatic Data Processing has a twelve month low of $205.53 and a twelve month high of $294.18. The company has a fifty day moving average of $280.30 and a 200-day moving average of $259.15. The company has a market capitalization of $119.05 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 3.13 and a beta of 0.79. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.66.

Automatic Data Processing (NASDAQ:ADP - Get Free Report) last posted its quarterly earnings data on Wednesday, July 31st. The business services provider reported $2.09 earnings per share for the quarter, topping the consensus estimate of $2.06 by $0.03. Automatic Data Processing had a net margin of 19.54% and a return on equity of 89.20%. The business had revenue of $4.80 billion during the quarter, compared to analysts' expectations of $4.74 billion. During the same quarter in the prior year, the business posted $1.89 earnings per share. Automatic Data Processing's revenue was up 7.2% compared to the same quarter last year. On average, research analysts predict that Automatic Data Processing will post 10.04 EPS for the current fiscal year.

Automatic Data Processing Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Friday, September 13th were given a dividend of $1.40 per share. The ex-dividend date was Friday, September 13th. This represents a $5.60 annualized dividend and a dividend yield of 1.93%. Automatic Data Processing's dividend payout ratio is currently 62.50%.

Insider Transactions at Automatic Data Processing

In related news, VP Don Mcguire sold 3,179 shares of the firm's stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of $274.38, for a total transaction of $872,254.02. Following the sale, the vice president now owns 41,696 shares of the company's stock, valued at $11,440,548.48. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Automatic Data Processing news, VP Don Mcguire sold 3,179 shares of Automatic Data Processing stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $274.38, for a total transaction of $872,254.02. Following the transaction, the vice president now directly owns 41,696 shares of the company's stock, valued at approximately $11,440,548.48. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Carlos A. Rodriguez sold 9,203 shares of the stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $269.45, for a total value of $2,479,748.35. Following the completion of the sale, the director now directly owns 36,741 shares of the company's stock, valued at approximately $9,899,862.45. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 58,817 shares of company stock valued at $15,999,208. 0.26% of the stock is currently owned by insiders.

About Automatic Data Processing

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.