Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO).
Automatic Data Processing stock last closed at $289.86, up 0.58% from the previous day, and has increased 31.43% in one year. It has overperformed other stocks in the Staffing & Employment Services industry by 0.25 percentage points. Automatic Data Processing stock is currently +32.58% from its 52-week low of $218.63, and -1.47% from its 52-week high of $294.18.
As of Nov 4, 2024, there are 407.46M ADP shares outstanding. The market capitalization of ADP is $118.11B. In the last 24 hours, 1.18M ADP shares were traded.
How to Buy Automatic Data Processing Stock
Not sure how to invest in Automatic Data Processing stock? Here's how.
Figure out where to buy Automatic Data Processing stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Automatic Data Processing stock.
Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
Deposit funds into your investment account: Choose your payment method and add your info.
Research Automatic Data Processing stock: The Automatic Data Processing ticker symbol is ADP. Is Automatic Data Processing stock a good investment? Should you buy shares of ADP? How do ADP's underlying business fundamentals look? Do top analysts think Automatic Data Processing is a good buy? Why has ADP's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if ADP is a good stock to buy).
Execute your ADP trade: Decide if you will purchase ADP shares at the current market price or use a limit order to buy ADP stock at a specific price.
Get key alerts regarding your investment in ADP: Create a watchlist to track your new investment in Automatic Data Processing shares.
Step 1: Figure out where to buy Automatic Data Processing stock
You will need a brokerage account in order to access the NASDAQ market and buy ADP shares.
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Step 2: Create a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you can buy ADP today.
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Step 4: Research Automatic Data Processing stock
Once you have identified the best place to buy Automatic Data Processing stock, it's critical to evaluate their stock before you buy, so you can wrap your head around the risk as well as the upside.
Automatic Data Processing quick stats
ADP Price
$289.86
1w %
1.19%
1y %
31.43%
5y %
79.06%
P/E
30.84x
P/B
22.08x
P/S
6.06x
PEG
3.92x
Revenue
$19.52B
Earnings
$3.85B
Fore. Rev. Growth
5.24%
Fore. Earn. Growth
7.87%
Market Cap
$118.11B
Next Earnings
N/A
Next Dividend
N/A
Automatic Data Processing Due Diligence Checks
WallStreetZen was built to help average investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on ADP's stock page.
What is the fair value of ADP stock?
You can use many financial metrics, analyses, models, and charts to gauge ADP's true value.
Using relative valuations measures:
ADP could be overvalued based on its P/E ratio of 30.84x, relative to Staffing & Employment Services industry P/E ratio of 29.91x
ADP could be overvalued based on its P/B ratio of 22.08x, relative to Staffing & Employment Services industry P/B ratio of 10.1x
ADP could be overvalued based on its PEG ratio of 3.92x
You can access additional valuation analysis on ADP's stock here.
ADP Financial Summary
Passed Financial Due Diligence Checks:
There are more short-term assets than long-term liabilities on the ADP balance sheet.
There are more short-term assets than short-term liabilities on the ADP balance sheet.
ADP's operating cash flow of $4.66B allows it to safely service it's debt of $9.35B.
ADP earnings of $5.42B is not sufficient to cover its interest payments.
ADP profit margin has gone up from 19.1% to 19.7% in the past year.
Failed Financial Due Diligence Checks:
ADP has a relatively high debt to equity ratio of 8.26.
Total ADP debt is higher than 5 years ago, relative to shareholder equity.
Is Automatic Data Processing stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 10 Wall Street analysts who research ADP, the consensus analyst rating on ADP is a Hold
Please note that analyst ratings are not recommendations, nor are they financial advice.
Latest ADP Analyst Recommendations
Samad Samana, a bottom 7% analyst from Jefferies maintains ADP with a hold rating and raises their ADP price target from $260.00 to $290.00, on Oct 22, 2024.
Peter Christiansen, a top 29% analyst from Citigroup maintains ADP with a hold rating and raises their ADP price target from $260.00 to $295.00, on Sep 25, 2024.
Tien-tsin Huang, a top 15% analyst from JP Morgan maintains ADP with a strong sell rating and raises their ADP price target from $250.00 to $285.00, on Aug 20, 2024.
Jason Kupferberg, a bottom 1% analyst from Bank of America maintains ADP with a hold rating and raises their ADP price target from $250.00 to $267.00, on Aug 1, 2024.
David Grossman, a top 25% analyst from Stifel Nicolaus maintains ADP with a hold rating and raises their ADP price target from $271.00 to $287.00, on Aug 1, 2024.
Last year, ADP earnings were $3.85B. During the last five year, ADP's earnings have gone up by 11.44% per year. This was faster than the Staffing & Employment Services industry average of 6.71%.
Last year, ADP revenue was $19.52B. In the last 5 year, ADP's revenue has grown by 6.43% per year. This was slower than the Staffing & Employment Services industry average of 9.15%.
Automatic Data Processing pays a dividend of 1.93%, compared to the Staffing & Employment Services industry's average dividend yield of 2.09%. If you owned $1,000 worth of ADP stock, you would have been paid $19.32 last year.
Automatic Data Processing dividend payments have consistently grown over the past decade and have remained stable.
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Step 5: Execute your ADP trade
There are two main types of orders:
Market order: A market order is an order to buy or sell a stock at the best possible price. Market orders are usually fine.
Limit order: A limit order allows you to buy or sell a security at a specific price (or better). If you want to make sure you're buying or selling at a particular price, use a limit order.
Hit the Open button and your broker will place your order.
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How much does it cost to buy one Automatic Data Processing share?
As of Nov 4, 2024, it costs $289.86 to buy one share of Automatic Data Processing stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.345 shares of ADP.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.