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NASDAQ: ADP
Automatic Data Processing Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for ADP

Based on 7 analysts offering 12 month price targets for Automatic Data Processing Inc.
Min Forecast
$143.00-27.59%
Avg Forecast
$174.29-11.75%
Max Forecast
$220.00+11.39%

Should I buy or sell ADP stock?

Hold
Strong Buy
2 analysts 28.57%
Buy
0 analysts 0%
Hold
3 analysts 42.86%
Sell
1 analysts 14.29%
Strong Sell
1 analysts 14.29%

ADP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Dan Dolev
Mizuho
Strong BuyMaintains$220.00+11.39%2021-05-27
Peter Christiansen
Citigroup
Strong BuyMaintains$212.00+7.34%2021-05-03
Anonymous
Morgan Stanley
HoldMaintains$185.00-6.33%2021-04-29
Steven Wald
Morgan Stanley
HoldMaintains$171.00-13.42%2021-01-28
Bryan Bergin
Cowen & Co.
HoldDowngrades$143.00-27.59%2020-09-21
David Togut
Evercore ISI Group
SellDowngrades$143.00-27.59%2021-01-13
Matthew O'Neill
Goldman Sachs
Strong SellInitiates Coverage On$146.00-26.08%2020-07-14

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Forecast return on equity

Is ADP forecast to generate an efficient return?
Company
54.17%
Industry
40.32%
Market
50.39%

Forecast return on assets

Is ADP forecast to generate an efficient return on assets?
Company
5.65%
Industry
10.65%
Market
16.54%

ADP earnings per share forecast

What is ADP's earnings per share in the next 3 years based on estimates from 10 analysts?
Avg 1 year Forecast
$5.95+2.94%
Avg 2 year Forecast
$6.54+13.07%
Avg 3 year Forecast
$7.22+24.96%
ADP's earnings are forecast to grow at a rate of 7.53% per year, which is not exceptional
Forecast

ADP revenue forecast

What is ADP's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$14.9B+1.97%
Avg 2 year Forecast
$15.8B+8.18%
Avg 3 year Forecast
$16.7B+14.34%
ADP's revenue is forecast to grow at a rate of 4.57% per year, which is not exceptional
Forecast

ADP earnings growth forecast

How is ADP forecast to perform vs Industrials companies and vs the US market?
Company
7.53%
Industry
17.75%
Market
19.61%
ADP's earnings are forecast to grow slower (7.53% per year) than the US Industrials industry average (17.75%)
Forecast
ADP's earnings are forecast to grow slower (7.53% per year) than the US market average (19.61%)
Forecast
ADP's earnings are forecast to grow faster (7.53% per year) than the risk-free savings rate (1.5%)
Forecast

ADP revenue growth forecast

How is ADP forecast to perform vs Industrials companies and vs the US market?
Company
4.57%
Industry
12.7%
Market
14.6%
ADP's revenues are forecast to grow slower (4.57% per year) than the US Industrials industry average (12.7%)
Forecast
ADP's revenues are forecast to grow slower (4.57% per year) than the US market average (14.6%)
Forecast

Automatic Data Processing Stock Forecast FAQ

Is Automatic Data Processing Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: ADP) stock is to Hold ADP stock.

Out of 7 analysts, 2 (28.57%) are recommending ADP as a Strong Buy, 0 (0%) are recommending ADP as a Buy, 3 (42.86%) are recommending ADP as a Hold, 1 (14.29%) are recommending ADP as a Sell, and 1 (14.29%) are recommending ADP as a Strong Sell.

What is ADP's earnings growth forecast for 2021-2023?

(NASDAQ: ADP) Automatic Data Processing's forecast annual earnings growth rate of 7.53% is not forecast to beat the US Industrials industry's average forecast earnings growth rate of 17.75%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.61%.

Automatic Data Processing's earnings in 2021 is $2,471,900,000.On average, 10 Wall Street analysts forecast ADP's earnings for 2021 to be $2,531,834,004, with the lowest ADP earnings forecast at $2,519,068,454, and the highest ADP earnings forecast at $2,544,599,554. On average, 11 Wall Street analysts forecast ADP's earnings for 2022 to be $2,780,974,980, with the lowest ADP earnings forecast at $2,727,572,431, and the highest ADP earnings forecast at $2,867,993,477.

In 2023, ADP is forecast to generate $3,073,306,066 in earnings, with the lowest earnings forecast at $3,008,414,522 and the highest earnings forecast at $3,106,283,736.

What is ADP's revenue growth forecast for 2021-2023?

(NASDAQ: ADP) Automatic Data Processing's forecast annual revenue growth rate of 4.57% is not forecast to beat the US Industrials industry's average forecast revenue growth rate of 12.7%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.6%.

Automatic Data Processing's revenue in 2021 is $14,645,200,000.On average, 7 Wall Street analysts forecast ADP's revenue for 2021 to be $6,354,556,552,609, with the lowest ADP revenue forecast at $6,343,014,368,179, and the highest ADP revenue forecast at $6,366,307,241,016. On average, 8 Wall Street analysts forecast ADP's revenue for 2022 to be $6,741,357,386,191, with the lowest ADP revenue forecast at $6,643,302,646,603, and the highest ADP revenue forecast at $6,830,845,590,960.

In 2023, ADP is forecast to generate $7,125,672,767,265 in revenue, with the lowest revenue forecast at $7,015,324,803,413 and the highest revenue forecast at $7,239,726,144,648.

What is ADP's forecast return on assets (ROA) for 2021-2024?

(NASDAQ: ADP) forecast ROA is N/A, which is lower than the forecast US Industrials industry average of 9.96%.

What is ADP's Price Target?

According to 7 Wall Street analysts that have issued a 1 year ADP price target, the average ADP price target is $174.29, with the highest ADP stock price forecast at $220.00 and the lowest ADP stock price forecast at $143.00.

On average, Wall Street analysts predict that Automatic Data Processing's share price could stay at $174.29 by May 27, 2022. The average Automatic Data Processing stock price prediction forecasts a potential downside of N/A from the current ADP share price of $197.50.

What is ADP's Earnings Per Share (EPS) forecast for 2021-2023?

(NASDAQ: ADP) Automatic Data Processing's current Earnings Per Share (EPS) is $5.78. On average, analysts forecast that ADP's EPS will be $5.95 for 2021, with the lowest EPS forecast at $5.92, and the highest EPS forecast at $5.98. On average, analysts forecast that ADP's EPS will be $6.54 for 2022, with the lowest EPS forecast at $6.41, and the highest EPS forecast at $6.74. In 2023, ADP's EPS is forecast to hit $7.22 (min: $7.07, max: $7.30).

What is ADP's forecast return on equity (ROE) for 2021-2024?

(NASDAQ: ADP) forecast ROE is N/A, which is considered weak.
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