Automatic Data Processing, Inc. (ADP)
| Market Cap | 95.82B |
| Revenue (ttm) | 18.31B |
| Net Income (ttm) | 3.49B |
| Shares Out | 411.31M |
| EPS (ttm) | 8.42 |
| PE Ratio | 27.67 |
| Forward PE | 24.79 |
| Dividend | $5.60 (2.40%) |
| Ex-Dividend Date | Dec 7, 2023 |
| Volume | 1,020,155 |
| Open | 232.43 |
| Previous Close | 232.49 |
| Day's Range | 231.86 - 233.44 |
| 52-Week Range | 201.46 - 256.84 |
| Beta | 0.83 |
| Analysts | Hold |
| Price Target | 244.25 (+4.84%) |
| Earnings Date | Jan 31, 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 12 analysts, the average rating for ADP stock is "Hold." The 12-month stock price forecast is $244.25, which is an increase of 4.84% from the latest price.
News
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...
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, ...
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...
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...
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...
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...
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.
ADP® API Central Makes HCM Integration Simple, Fast and Secure
Developers can instantly access secure APIs, tools and resources to automate business processes quickly and easily ROSELAND, N.J. , Oct. 10, 2023 /PRNewswire/ -- ADP®, a global technology company prov...
ADP Launches Corporate Venture Capital Fund
ADP Ventures will focus on leading edge innovators in the HCM space and beyond ROSELAND, N.J. , Oct. 3, 2023 /PRNewswire/ -- ADP, a leading global technology company providing human capital management...
Workday and ADP Expand Partnership to Deliver Enhanced Global Payroll, Compliance, and HR for Joint Customers
Deeper Partnership Will Help Customers Navigate Increasing Payroll and HR Complexities in the Changing World of Work SAN FRANCISCO , Sept. 28, 2023 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a lea...
ADP to Announce First Quarter Fiscal 2024 Financial Results on October 25, 2023
ROSELAND, N.J. , Sept. 27, 2023 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the first f...
The Business Impact of Promotions and Measuring Employee Motivation and Commitment: New Findings from the ADP Research Institute
New quarterly report series, Today at Work, leverages proprietary data to deliver a comprehensive view of the world of work. ROSELAND, N.J.
ADP to Present at Upcoming Investor Conference
ROSELAND, N.J. , Aug. 30, 2023 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced that it will present at Citi's...
Here are the stocks to buy and the ones to sell if interest rates stay high, says Jefferies
A summer swoon that has been chipping away at stocks since early July was egged on Tuesday with news that Americans have hardly curbed their spending.
ADP Declares Regular Quarterly Dividend
ROSELAND, N.J. , Aug. 3, 2023 /PRNewswire/ -- The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) has declared a regular quarterly dividend of $1.25 per share payable October 1, 20...
ADP Acquires Sora; Enhancing Seamless Integration Capabilities
Advanced data integration and unified workflow experience simplifies complex HR processes for companies of all sizes ROSELAND, N.J. , Aug. 3, 2023 /PRNewswire/ -- ADP®, a global technology company pro...
AI-Powered Mobile App Roll™ by ADP® Just Got Even Smarter
Generative AI enhancement turns innovative HR and payroll app into intuitive advisor for small businesses; Solution to be offered in Europe this fall. ROSELAND, N.J.