Automatic Data Processing, Inc. (ADP)

NASDAQ: ADP · IEX Real-Time Price · USD
249.69
-1.44 (-0.57%)
At close: Mar 1, 2024, 4:00 PM
248.43
-1.26 (-0.50%)
After-hours: Mar 1, 2024, 7:47 PM EST
-0.57%
Market Cap 102.57B
Revenue (ttm) 18.59B
Net Income (ttm) 3.56B
Shares Out 410.79M
EPS (ttm) 8.60
PE Ratio 29.03
Forward PE 25.96
Dividend $5.60 (2.24%)
Ex-Dividend Date Mar 7, 2024
Volume 2,091,033
Open 249.12
Previous Close 251.13
Day's Range 248.33 - 250.18
52-Week Range 201.46 - 256.84
Beta 0.80
Analysts Hold
Price Target 250.42 (+0.29%)
Earnings Date Apr 24, 2024

About 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... [Read more]

Sector Industrials
Founded 1949
Employees 63,000
Stock Exchange NASDAQ
Ticker Symbol ADP
Full Company Profile

Financial Performance

In 2023, ADP's revenue was $18.01 billion, an increase of 9.18% compared to the previous year's $16.50 billion. Earnings were $3.41 billion, an increase of 15.70%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for ADP stock is "Hold." The 12-month stock price forecast is $250.42, which is an increase of 0.29% from the latest price.

Price Target
$250.42
(0.29% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Workplace Innovators Take the Stage at 39th Annual ADP® Meeting of the Minds Conference

ROSELAND, N.J. , Feb. 29, 2024 /PRNewswire/ -- During the 39th annual ADP Meeting of the Minds conference, ADP, a leading global technology company providing human capital management (HCM) solutions, ...

3 days ago - PRNewsWire

Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Automatic Data Processing, Inc., and American Century Investments Services, Inc.

OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Automatic Data Processing, Inc., et al.

5 days ago - Business Wire

ADP® Offers AI-Enabled Partner Solutions on Powerful, Simple and Secure ADP Marketplace

HR leaders can rapidly source and implement benefits of AI across their HCM ecosystems ROSELAND, N.J. , Feb. 22, 2024 /PRNewswire/ -- ADP Marketplace, the world's largest digital HR storefront with ov...

10 days ago - PRNewsWire

ADP Named One of Fortune's "World's Most Admired Companies" for 18th Straight Year

ROSELAND, N.J. , Feb. 1, 2024 /PRNewswire/ -- ADP, a leading global technology company providing human capital management (HCM) solutions, has been named by FORTUNE® magazine as one of the "World's Mo...

4 weeks ago - PRNewsWire

ADP® Assist with Generative AI Features Makes HCM Decisions Easy, Smart and Human

Comprehensive AI solution transforms ADP's vast work data into actionable insights ROSELAND, N.J. , Jan. 31, 2024 /PRNewswire/ -- ADP®, a leading global technology company providing human capital mana...

4 weeks ago - PRNewsWire

ADP Reports Second Quarter Fiscal 2024 Results

ROSELAND, N.J. , Jan. 31, 2024  /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its second quarter fiscal 202...

4 weeks ago - PRNewsWire

Key earnings on deck: Nucor, Marathon Petroleum, Mastercard, ADP and Shell

Joe Terranova and Bill Baruch join CNBC's 'Halftime Report' to share the setup on key earnings this week.

Other symbols: MAMPCNUESHEL
4 weeks ago - CNBC Television

3 Dividend-Growth ETFs I Hate, And 3 Surging Dividends To Buy Instead

Look, I get it: many folks love ETFs, mainly because of the cheap management fees.

Other symbols: CVXDGRONOBLVVIG
6 weeks ago - Forbes

ADP appoints Thomas J. Lynch as the new Independent Board Chair

Carlos Rodriguez to continue as member of ADP Board of Directors ROSELAND, N.J. , Jan. 10, 2024 /PRNewswire/ -- ADP, a leading global technology company providing human capital management (HCM) soluti...

7 weeks ago - PRNewsWire

ADP Declares Regular Quarterly Dividend

ROSELAND, N.J. , Jan. 10, 2024 /PRNewswire/ -- The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) has declared a regular quarterly dividend of $1.40 per share payable April 1, 202...

7 weeks ago - PRNewsWire

Stocks This Week: Buy IBM And Sell Short Automatic Data Processing

The market is likely to rally into the January 15th time frame. Here is how the month of January looks from three different viewpoints:

Other symbols: IBM
2 months ago - Forbes

ADP to Announce Second Quarter Fiscal 2024 Financial Results on January 31, 2024

ROSELAND, N.J. , Dec. 20, 2023 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the second fi...

2 months ago - PRNewsWire

ADP Named Market Leader in Global Payroll by Everest Group, NelsonHall and Ventana Research

Three Major Industry Analyst Rankings Highlight ADP's Strengths in Geography, Technology, Customer Experience and Analytics ROSELAND, N.J. , Dec. 13, 2023 /PRNewswire/ -- In three separate recent repo...

2 months ago - PRNewsWire

ADP Reimagines the Human Capital Management Client Experience with Salesforce Generative AI

SAN FRANCISCO & ROSELAND, N.J.--(BUSINESS WIRE)--Today, Salesforce (NYSE: CRM), the #1 AI CRM, and ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solut...

Other symbols: CRM
2 months ago - Business Wire

ADP and Convera Partner on Payroll and Payments Solution

ADP, a global technology company specializing in human capital management solutions, has formed a collaboration with Convera, a B2B payments FinTech, to provide an end-to-end payroll and payments solu...

3 months ago - PYMNTS

ADP Launches Customizable Payroll Solution for Large Businesses

ADP has launched a customizable payroll solution designed specifically for large businesses with over 1,000 employees across various industries. The new ADP Enterprise Payroll aims to help businesses ...

4 months ago - PYMNTS

ADP to Present at Upcoming Investor Conferences

ROSELAND, N.J. , Nov. 8, 2023 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced that members of its management ...

4 months ago - PRNewsWire

ADP Increases Cash Dividend; Marks 49th Consecutive Year of Dividend Increases

ROSELAND, N.J. , Nov. 8, 2023 /PRNewswire/ -- The board of directors of ADP (Nasdaq: ADP) approved a $0.15 increase in the quarterly cash dividend to an annual rate of $5.60 per share, Maria Black, AD...

4 months ago - PRNewsWire

3 payroll companies get clocked, but 1 looks cheap

Payroll companies alleviate the complexities of processing payrolls. They withhold taxes, apply payments to various government agencies, track employee hours, track benefits, comply with regulations, ...

Other symbols: PAYCPAYX
4 months ago - MarketBeat

67 Best Dividend Stocks for Dependable Dividend Growth

The highest yield isn't everything when it comes to finding the best dividend stocks. Income investors know there's no substitute for regular dividend increases over the long haul.

4 months ago - Kiplinger

Why ADP Shares Tumbled 9% Despite Fiscal Q1 Bottom-Line Beat

Shares of Automatic Data Processing Inc. (ADP) tumbled more than 9% Wednesday as a mixed earnings report from the payroll services provider failed to satisfy investors, as revenue fell just short of e...

4 months ago - Investopedia

Among the S&P 500, these 20 companies have made the best use of investors' money

There is no easy way to select individual stocks. Measures of financial quality can highlight companies that are worth a closer look, but a decision to commit money must also take into consideration b...

4 months ago - Market Watch

ADP Reports First Quarter Fiscal 2024 Results

ROSELAND, N.J. , Oct. 25, 2023  /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its first quarter fiscal 2024...

4 months ago - PRNewsWire

ADP Launches First All-in-One HCM Solution for the Construction Industry

ADP Workforce Now®  for Construction is the first comprehensive HCM solution built for the unique challenges of the construction industry ROSELAND, N.J. , Oct. 19, 2023 /PRNewswire/ -- Construction fi...

4 months ago - PRNewsWire

Will ADP's Strong Gains Of Recent Years Continue?

Automatic Data Processing is expected to publish its Q1 FY'24 earnings on October 25, reporting on a period that saw the U.S. job market remain strong.

4 months ago - Forbes