Automatic Data Processing Inc (ADP) Stock Forecast & Price Target
Automatic Data Processing Inc · NASDAQ
$265.16-2.80 (-1.04%)
15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 11 firms covering Automatic Data Processing Inc, 3 rate it Buy or better, 6 sit at Hold, and 2 rate it Sell or worse, a hold consensus. Targets are tightly clustered, $223.00 to $310.00, so the covering firms are broadly aligned. The average target of $271.73 sits 2% above the current $265.16. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees revenue growth near 6% this year and 6% next, consensus EPS building from about $2.92 next quarter toward $13.40 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS11 ratings
Hold
Strong Buy00%
Buy327%
Hold655%
Sell218%
Strong Sell00%
Based on 11 analysts giving stock ratings to Automatic Data Processing Inc.
As of Sep, 3 of 11 firms rate ADP a Buy (6 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
ADP EPS & revenue forecast
EPS · NEXT QUARTER
$2.92
Range $2.84 – $3.03 · 15 analysts · +11% YoY
Next period, 15 analysts expect Automatic Data Processing Inc to earn $2.92 a share (range $2.84 – $3.03), versus $2.62 a year earlier. Full-year consensus is $12.26, growing to $13.40 the year after.
REVENUE · NEXT QUARTER
$5.7B
Range $5.7B – $5.7B · 15 analysts · +6% YoY
Revenue is expected to reach $5.7B (range $5.7B – $5.7B), +6.0% year-over-year. Full-year consensus is $23.2B, rising to $24.6B next year.
Top analysts covering Automatic Data Processing Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ADP.
#1
TH
Tien-Tsin Huang
JP Morgan · Rank #58
Sell
$275.00+3.7% to target
Overall win rate
57%
+ Follow
#2
Jason Kupferberg
Wells Fargo
Hold
$283.00+6.7% to target
Coverage
—
+ Follow
#3
Kevin Mcveigh
UBS
Hold
$270.00+1.8% to target
Coverage
—
+ Follow
#4
David Grossman
Stifel
Hold
$285.00+7.5% to target
Coverage
—
+ Follow
#5
Ramsey El Assal
Cantor Fitzgerald
Buy
$310.00+16.9% to target
Coverage
—
+ Follow
ADP stock forecast FAQ
What is ADP's average 12-month price target?+
The 11 analysts with a live target average $271.73 for Automatic Data Processing Inc over the next 12 months, ranging from a $310.00 high to a $223.00 low.
Is ADP stock a Buy, Sell or Hold right now?+
The current consensus is Hold. Of the 11 analyst ratings, 3 are Buy or Strong Buy, 6 are Hold, and 2 are Sell or Strong Sell.
What are the highest and lowest price targets for ADP?+
The Street-high target is $310.00 (Cantor Fitzgerald), and the Street-low is $223.00 (TD Cowen). The average of all 11 active targets is $271.73.
How many Wall Street analysts cover ADP?+
11 analysts have an active rating on Automatic Data Processing Inc, and 11 firms carry a live 12-month price target.
Who is the most accurate analyst covering ADP?+
Among analysts who currently cover ADP, Tien-Tsin Huang of JP Morgan has the strongest overall Quantellect track record (Rank #58). Their current call is Sell with a $275.00 target.
What is Automatic Data Processing Inc's projected EPS for next quarter?+
The consensus estimate is $2.92 per share (range $2.84 – $3.03) across 15 analysts. Full-year EPS is projected at $12.26, rising to $13.40 the following year.
How much revenue is Automatic Data Processing Inc expected to report next quarter?+
Consensus revenue is $5.7B (range $5.7B – $5.7B). Full-year revenue is projected at $23.2B, growing to $24.6B next year.
Have analysts been upgrading or downgrading ADP lately?+
As of Sep, 3 of 11 firms rate ADP a Buy (6 Hold, 2 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ADP calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
