NasdaqGS - Delayed Quote • USD
Automatic Data Processing, Inc. (ADP)
At close: April 19 at 4:00 PM EDT
After hours: April 19 at 6:01 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 17 | 17 | 20 | 20 |
| Avg. Estimate | 2.78 | 2.12 | 9.13 | 10 |
| Low Estimate | 2.68 | 1.92 | 9.05 | 9.8 |
| High Estimate | 2.92 | 2.2 | 9.21 | 10.16 |
| Year Ago EPS | 2.52 | 1.89 | 8.23 | 9.13 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 14 | 14 | 18 | 18 |
| Avg. Estimate | 5.22B | 4.75B | 19.15B | 20.27B |
| Low Estimate | 5.19B | 4.67B | 19.04B | 19.98B |
| High Estimate | 5.25B | 4.79B | 19.2B | 20.58B |
| Year Ago Sales | -- | 4.48B | 18.01B | 19.15B |
| Sales Growth (year/est) | -- | 6.00% | 6.30% | 5.90% |
Earnings History
| CURRENCY IN USD | 3/31/2023 | 6/30/2023 | 9/30/2023 | 12/31/2023 |
|---|---|---|---|---|
| EPS Est. | 2.45 | 1.83 | 2.02 | 2.1 |
| EPS Actual | 2.52 | 1.89 | 2.08 | 2.13 |
| Difference | 0.07 | 0.06 | 0.06 | 0.03 |
| Surprise % | 2.90% | 3.30% | 3.00% | 1.40% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 2.78 | 2.12 | 9.13 | 10 |
| 7 Days Ago | 2.78 | 2.12 | 9.13 | 10 |
| 30 Days Ago | 2.79 | 2.12 | 9.13 | 10 |
| 60 Days Ago | 2.79 | 2.12 | 9.12 | 10.01 |
| 90 Days Ago | 2.8 | 2.14 | 9.12 | 9.99 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (Mar 2024) | Next Qtr. (Jun 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | -- | 1 | -- | -- |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | ADP | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 10.30% | -- | -- | 1.60% |
| Next Qtr. | 12.20% | -- | -- | 10.50% |
| Current Year | 10.90% | -- | -- | 5.20% |
| Next Year | 9.50% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 10.93% | -- | -- | 11.22% |
| Past 5 Years (per annum) | 10.03% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | Evercore ISI Group: Underperform to Underperform | 3/26/2024 |
| Maintains | Mizuho: Buy to Buy | 3/11/2024 |
| Reiterates | RBC Capital: Sector Perform to Sector Perform | 2/1/2024 |
| Upgrade | B of A Securities: Underperform to Neutral | 1/17/2024 |
| Upgrade | Wolfe Research: Underperform to Peer Perform | 1/4/2024 |
| Reiterates | Stifel: Hold to Hold | 11/30/2023 |
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