Automatic Data Processing (NASDAQ:ADP) Releases FY 2025 Earnings Guidance

Automatic Data Processing (NASDAQ:ADP) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 9.910-10.100 for the period, compared to the consensus estimate of 9.970. The company issued revenue guidance of $20.2 billion-$20.4 billion, compared to the consensus revenue estimate of $20.2 billion. Automatic Data Processing also updated its FY25 guidance to $9.91-$10.10 EPS.

Automatic Data Processing Trading Up 0.8 %

Automatic Data Processing stock traded up $2.22 during trading hours on Friday, reaching $263.52. The stock had a trading volume of 2,310,606 shares, compared to its average volume of 1,644,141. The stock has a market cap of $107.86 billion, a PE ratio of 29.41, a PEG ratio of 2.72 and a beta of 0.78. Automatic Data Processing has a 52 week low of $205.53 and a 52 week high of $269.49. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.01 and a quick ratio of 1.01. The company has a fifty day simple moving average of $245.11 and a 200-day simple moving average of $245.84.

Automatic Data Processing (NASDAQ:ADP) last announced its quarterly earnings results on Wednesday, July 31st. The business services provider reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.06 by $0.03. The business had revenue of $4.80 billion for the quarter, compared to analyst estimates of $4.74 billion. Automatic Data Processing had a net margin of 19.54% and a return on equity of 89.20%. The company’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the firm earned $1.89 EPS. Analysts forecast that Automatic Data Processing will post 10.01 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on ADP shares. Bank of America boosted their price objective on shares of Automatic Data Processing from $250.00 to $267.00 and gave the stock a neutral rating in a research note on Thursday. Jefferies Financial Group boosted their price objective on shares of Automatic Data Processing from $250.00 to $260.00 and gave the stock a hold rating in a research note on Thursday. TD Cowen dropped their price objective on shares of Automatic Data Processing from $253.00 to $251.00 and set a hold rating on the stock in a research note on Thursday, May 2nd. Barclays boosted their price objective on shares of Automatic Data Processing from $280.00 to $282.00 and gave the stock an overweight rating in a research note on Thursday, May 2nd. Finally, StockNews.com lowered shares of Automatic Data Processing from a buy rating to a hold rating in a research note on Tuesday, July 2nd. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company has an average rating of Hold and a consensus price target of $259.64.

Automatic Data Processing Company Profile

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.