Automatic Data Processing (ADP) Projected to Post Earnings on Wednesday

Automatic Data Processing (NASDAQ:ADP) is anticipated to announce its earnings results before the market opens on Wednesday, January 29th. Analysts expect Automatic Data Processing to post earnings of $2.30 per share and revenue of $4,970,220.00 billion for the quarter. Automatic Data Processing has set its FY 2025 guidance at 9.820-10.010 EPS.Persons interested in registering for the company’s earnings conference call can do so using this link.

Automatic Data Processing (NASDAQ:ADP) last posted its quarterly earnings results on Wednesday, October 30th. The business services provider reported $2.33 EPS for the quarter, beating the consensus estimate of $2.21 by $0.12. Automatic Data Processing had a return on equity of 82.36% and a net margin of 19.72%. The firm had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.77 billion. During the same quarter in the prior year, the firm posted $2.08 EPS. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. On average, analysts expect Automatic Data Processing to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Automatic Data Processing Price Performance

Shares of NASDAQ:ADP opened at $300.15 on Tuesday. The firm has a market capitalization of $122.30 billion, a PE ratio of 32.03, a PEG ratio of 3.45 and a beta of 0.79. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.56. Automatic Data Processing has a 1-year low of $231.27 and a 1-year high of $309.63. The business’s 50 day moving average is $297.13 and its 200-day moving average is $282.77.

Automatic Data Processing Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Friday, March 14th will be given a $1.54 dividend. The ex-dividend date is Friday, March 14th. This represents a $6.16 annualized dividend and a yield of 2.05%. Automatic Data Processing’s dividend payout ratio (DPR) is currently 65.74%.

Insider Buying and Selling at Automatic Data Processing

In other Automatic Data Processing news, VP Sreenivasa Kutam sold 38,975 shares of the company’s stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $300.00, for a total transaction of $11,692,500.00. Following the transaction, the vice president now owns 32,604 shares of the company’s stock, valued at approximately $9,781,200. This represents a 54.45 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Maria Black sold 721 shares of Automatic Data Processing stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $291.59, for a total value of $210,236.39. Following the completion of the sale, the chief executive officer now directly owns 68,856 shares of the company’s stock, valued at $20,077,721.04. This trade represents a 1.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 42,129 shares of company stock worth $12,604,872. 0.21% of the stock is currently owned by insiders.

Analyst Ratings Changes

ADP has been the subject of a number of recent research reports. Barclays increased their price objective on shares of Automatic Data Processing from $310.00 to $325.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Royal Bank of Canada raised their price target on shares of Automatic Data Processing from $267.00 to $315.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 31st. StockNews.com lowered Automatic Data Processing from a “buy” rating to a “hold” rating in a research note on Monday. UBS Group increased their target price on Automatic Data Processing from $270.00 to $295.00 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. Finally, Mizuho boosted their price target on Automatic Data Processing from $281.00 to $310.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $289.91.

About Automatic Data Processing

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.