Automatic Data Processing, Inc. (ADP)
| Market Cap | 101.42B |
| Revenue (ttm) | 18.91B |
| Net Income (ttm) | 3.70B |
| Shares Out | 409.29M |
| EPS (ttm) | 8.97 |
| PE Ratio | 27.63 |
| Forward PE | 25.17 |
| Dividend | $5.60 (2.26%) |
| Ex-Dividend Date | Jun 14, 2024 |
| Volume | 892,023 |
| Open | 247.50 |
| Previous Close | 246.86 |
| Day's Range | 246.77 - 249.82 |
| 52-Week Range | 205.53 - 256.84 |
| Beta | n/a |
| Analysts | Hold |
| Price Target | 252.67 (+1.97%) |
| Earnings Date | May 1, 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]
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 StatementsAnalyst Forecast
According to 13 analysts, the average rating for ADP stock is "Hold." The 12-month stock price forecast is $252.67, which is an increase of 1.97% from the latest price.
News
24 Dividend Aristocrats in the stock market with the fastest-growing payouts
At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors...
ADP Reports Third Quarter Fiscal 2024 Results
ROSELAND, N.J., May 1, 2024 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its third quarter fiscal 2024 fin...
ADP Declares Regular Quarterly Dividend
ROSELAND, N.J. , April 3, 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 July 1, 2024...
ADP to Announce Third Quarter Fiscal 2024 Financial Results on May 1, 2024
ROSELAND, N.J. , April 1, 2024 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the third fi...
ADP Marketplace Summit Focuses on HR Ecosystem Advancement, Celebrates Partners
ROSELAND, N.J. , March 20, 2024 /PRNewswire/ -- ADP, a leading global technology company providing human capital management (HCM) solutions, focused its 6th annual ADP Marketplace Summit on showcasin...
Here's why AllianceBernstein's Jim Tierney favors ADP
Jim Tierney, AllianceBernstein CIO, joins 'Power Lunch' to discuss how the Fed's next move would impact the market and financials.
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, ...
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.
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...
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...
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...
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...
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.
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...
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:
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...
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...
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...
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...
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 ...
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 ...
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...
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...