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Automatic Data Processing (ADP)
NASDAQ:ADP
Automatic Data Processing (ADP) Stock Price & Analysis
2,269 Followers
ADP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$201.56 - $255.10
Previous Close$243.3
Volume1.57M
Average Volume (3M)1.69M
Market Cap
$99.58B
Enterprise Value$99.59B
Total Cash (Recent Filing)$3.29B
Total Debt (Recent Filing)$3.30B
Price to Earnings (P/E)27.2
Beta0.96
Next Earnings
Jul 31, 2024EPS Estimate
$2.06Next Dividend Ex-Date
Jun 14, 2024Dividend Yield2.18%
Share Statistics
EPS (TTM)8.96
Shares Outstanding409,291,332
10 Day Avg. Volume1,117,319
30 Day Avg. Volume1,691,452
Standard Deviation0.07
R-Squared0.40
Alpha0.00224
Financial Highlights & Ratios
Price to Book (P/B)104.38
Price to Sales (P/S)18.95
Price to Cash Flow (P/CF)17.00
P/FCF Ratio18.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.90
Enterprise Value/Gross Profit5.28
Enterprise Value/Ebitda21.85
Forecast
1Y Price Target
$258.13Price Target Upside7.51% Upside
Rating ConsensusHold
Number of Analyst Covering8
Automatic Data Processing News
PremiumPress Releases
ADP Reports Third Quarter Fiscal 2024 Results
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst recommends 'Buy', with a stable F3Q helping narrow the organic growth gap versus competition.
Market LeadershipGlobal market leader with diversified customer base, riding on the solid growth of global HCM market.
Product DevelopmentProduct upgrades are bearing fruit, evidenced by an increase to the FY24 client retention guidance.
Bears Say
Competitive LandscapeIntensifying competition could create downward pressure on product pricing.
Financial GuidanceManagement lowered the FY margin growth guide for PEO revenue, raising concerns about future profitability.
Financial PerformanceThe negative guidance revision to segment margin was a function of lower workers comp reserve release.
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Ownership Overview
2.04% Insiders
19.35% Mutual Funds
43.55% Other Institutional Investors
35.07% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Tech & InnovationRisks related to the company’s reliance on technology and ability to make innovative products
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ADP FAQ
What was Automatic Data Processing’s price range in the past 12 months?
Automatic Data Processing lowest stock price was $201.56 and its highest was $255.09 in the past 12 months.
What is Automatic Data Processing’s market cap?
Currently, no data Available
When is Automatic Data Processing’s upcoming earnings report date?
Automatic Data Processing’s upcoming earnings report date is Jul 31, 2024 which is in 62 days.
How were Automatic Data Processing’s earnings last quarter?
Automatic Data Processing released its earnings results on May 01, 2024. The company reported $2.88 earnings per share for the quarter, beating the consensus estimate of $2.786 by $0.094.
Is Automatic Data Processing overvalued?
According to Wall Street analysts Automatic Data Processing’s price is currently Undervalued.
Does Automatic Data Processing pay dividends?
Automatic Data Processing pays a Quarterly dividend of $1.4 which represents an annual dividend yield of 2.18%. See more information on Automatic Data Processing dividends here
What is Automatic Data Processing’s EPS estimate?
Automatic Data Processing’s EPS estimate is $2.06.
How many shares outstanding does Automatic Data Processing have?
Automatic Data Processing has 409,291,320 shares outstanding.
What happened to Automatic Data Processing’s price movement after its last earnings report?
Automatic Data Processing reported an EPS of $2.88 in its last earnings report, beating expectations of $2.786. Following the earnings report the stock price went up 2.249%.
Which hedge fund is a major shareholder of Automatic Data Processing?
Among the largest hedge funds holding Automatic Data Processing’s share is Guardcap Asset Management Ltd. It holds Automatic Data Processing’s shares valued at 440M.
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Automatic Data Processing Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$258.13 (7.51% Upside)
$258.13 (7.51% Upside)
Blogger Sentiment
Bullish
ADP Sentiment 90%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.5M Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
17.12%
12-Months-Change
Fundamentals
Return on Equity
88.92%
Trailing 12-Months
Asset Growth
7.18%
Trailing 12-Months
Company Description
Automatic Data Processing
Automatic Data Processing, Inc. is one of the leading providers of cloud-based human resources management solutions worldwide. The company has two operating business segments – Employer Services and Professional Employer Organization (PEO). Under the Employer Services segment, the company provides payroll, talent management, benefits administration, workforce management, HR management, insurance, retirement, and compliance services to clients with workforces ranging from a single employee to tens of thousands of staff members across the world. Under its PEO services division, it offers HR outsourcing solutions to small and mid-sized businesses through a co-employment model.
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ADP Company Deck
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ADP Earnings Call
Q3 2024
0:00 / 0:00
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ADP Revenue Breakdown
88.56% U.S.
7.27% Europe
2.37% Canada
1.80% Other
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ADP Stock 12 Month Forecast
Average Price Target
$258.13
▲(7.51% Upside)
Technical Analysis
Best Analysts Covering ADP
1 Year
1 Year Success Rate
21/24 ratings generated profit
1 Year Average Return
+16.25%
reiterated a buy rating 28 days ago
Copying Ramsey El Assal's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +16.25% per trade.
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