Automatic Data Processing, Inc. (ADP)

NASDAQ: ADP · IEX Real-Time Price · USD
264.39
-5.51 (-2.04%)
At close: Dec 5, 2022 4:00 PM
264.75
+0.36 (0.14%)
After-hours: Dec 5, 2022 7:05 PM EST
-2.04%
Market Cap 111.96B
Revenue (ttm) 16.88B
Net Income (ttm) 3.03B
Shares Out 414.60M
EPS (ttm) 7.22
PE Ratio 36.62
Forward PE 33.11
Dividend $4.37 (1.65%)
Ex-Dividend Date Dec 8, 2022
Volume 1,255,994
Open 266.55
Previous Close 269.9
Day's Range 263.46 - 267.16
52-Week Range 192.26 - 270.88
Beta 0.83
Analysts Hold
Price Target 255.48 (-3.4%)
Earnings Date Jan 24, 2023

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, 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 outso... [Read more]

Industry IT Services
Founded 1949
CEO Carlos Rodriguez
Employees 60,000
Stock Exchange NASDAQ
Ticker Symbol ADP
Full Company Profile

Financial Performance

In 2022, ADP's revenue was $16.50 billion, an increase of 9.95% compared to the previous year's $15.01 billion. Earnings were $2.95 billion, an increase of 13.48%.

Financial Statements

Analyst Forecast

According to 25 analysts, the average rating for ADP stock is "Hold." The 12-month stock price forecast is 255.48, which is a decrease of -3.37% from the latest price.

Price Target
$255.48
(-3.37% downside)
Analyst Consensus: Hold
Stock Forecasts

News

EXLS or ADP: Which Is the Better Value Stock Right Now?

EXLS vs. ADP: Which Stock Is the Better Value Option?

Other symbols: EXLS
3 days ago - Zacks Investment Research

Markets Slide on Fall in Long-Term Yields

This puts the 30-year marginally lower than the 5-year, to say nothing of the 2-year yield.

4 days ago - Zacks Investment Research

Core PCE Inflation Falls Below Expectation

Core PCE Inflation Falls Below Expectation.

4 days ago - Zacks Investment Research

New Jobless Claims Down, PCE Flat-to-Down

Basically, a still-strong economy is shrinking some of its inflation bloat, and the Fed Chair has taken note of this.

4 days ago - Zacks Investment Research

Automatic Data Processing (ADP) Seems Promising: Here's Why

Strong business model, high recurring revenues, good margins and robust client retention boost Automatic Data Processing (ADP) stock.

4 days ago - Zacks Investment Research

ADP Lower at +127K, Q3 GDP Upped to +2.9% & More

While we appear to be staving off a pending slide in the overall economy, we do not expect much by way of shifts to the Fed Chair's perspective this afternoon.

5 days ago - Zacks Investment Research

Less-Than-Expected Private Payrolls in November

Less-Than-Expected Private Payrolls in November.

5 days ago - Zacks Investment Research

From "Black Friday" to "White Paper Revolution"

It had looked for a while that the indices would push through mid-August highs, but seemed to get cold feet.

1 week ago - Zacks Investment Research

Are Business Services Stocks Lagging Automatic Data Processing (ADP) This Year?

Here is how Automatic Data Processing (ADP) and CRA International (CRAI) have performed compared to their sector so far this year.

1 week ago - Zacks Investment Research

Why Is ADP (ADP) Up 11.8% Since Last Earnings Report?

ADP (ADP) reported earnings 30 days ago. What's next for the stock?

1 week ago - Zacks Investment Research

Jobless Claims Increased Higher Than Expected

Jobless Claims Increased Higher Than Expected

1 week ago - Zacks Investment Research

Jobless Claims, Goods Orders, Airline Metrics Up Ahead of Holiday

We see higher-than-expected numbers this morning on weekly jobless claims, durable goods and airline travel.

1 week ago - Zacks Investment Research

Next Generation of Wisely® by ADP Offers Workers Enhanced Digital Financial Wellness Options

New Features – Including Earned Wage Access 1  – Help Workers Better Manage Their Financial Lives and Give Employers a Hiring and Retention Advantage ROSELAND, N.J. , Nov. 17, 2022 /PRNewswire/ -- ADP, ...

2 weeks ago - PRNewsWire

ADP Authorized to Purchase $5 Billion of its Common Stock

ROSELAND, N.J. , Nov. 9, 2022 /PRNewswire/ -- The board of directors of ADP (Nasdaq: ADP) authorized the purchase of $5 billion of its common stock, Carlos Rodriguez, chief executive officer, announced ...

3 weeks ago - PRNewsWire

ADP raises dividend by 20%, to boost yield above 2%

Automatic Data Processing Inc. ADP, +1.93% said Wednesday it was increasing its quarterly dividend by 20.2%, to $1.25 a share from $1.04 a share.

3 weeks ago - Market Watch

Add These 4 GARP Stocks to Your Portfolio for Maximum Returns

The GARP strategy helps investors gain exposure to stocks that boast impressive prospects and are trading at a discount. GWW, NFG, ADP and JHX are some stocks that hold promise.

Other symbols: GWWJHXNFG
3 weeks ago - Zacks Investment Research

Economic Data Gradually Dwindles: Jobless Claims, Productivity & More

With a Fed meeting still in our rearview mirror, these data points will not be directly consequential.

1 month ago - Zacks Investment Research

ADP Jobs +239K, Better than Expected; Markets Drop

These numbers today -- and the economic prints we've seen since the last Fed meeting, overall -- are not likely to warrant any softening from the Fed.

1 month ago - Zacks Investment Research

Private Payrolls Increased Higher Than Expected

Private Payrolls Increased Higher Than Expected

1 month ago - Zacks Investment Research

Spooky Busy Trading Week Ahead: Fed, Jobs, Q3 Earnings, etc.

More than 1600 companies reporting this week join a new Fed policy meeting, new jobs reports, and more this week.

Other symbols: ONXPO
1 month ago - Zacks Investment Research

ADP (ADP) Upgraded to Buy: Here's What You Should Know

ADP (ADP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

1 month ago - Zacks Investment Research

Automatic Data Processing (ADP) Q1 Earnings and Revenues Top

Automatic Data Processing's (ADP) first-quarter fiscal 2023 earnings and revenues surge year over year.

1 month ago - Zacks Investment Research

Automatic Data Processing (ADP) Beats Q1 Earnings and Revenue Estimates

ADP (ADP) delivered earnings and revenue surprises of 4.49% and 1.48%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

ADP President Maria Black to succeed CEO Carlos Rodriguez, Effective January 1, 2023

Carlos Rodriguez to continue as Executive Chair of the Board upon transition ROSELAND, N.J. , Oct. 26, 2022 /PRNewswire/ -- ADP, a leading global technology company providing human capital management (H...

1 month ago - PRNewsWire

ADP Reports First Quarter Fiscal 2023 Results

ROSELAND, N.J. , Oct. 26, 2022 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its first quarter fiscal 2023 fi...

1 month ago - PRNewsWire