Automatic Data Processing Inc (ADP) Stock Forecast & Price Target
Automatic Data Processing Inc · NASDAQ
$264.61+9.63 (+3.77%)
15-min delayed · Jul 28, 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 $295.00, so the covering firms are broadly aligned. The average target of $255.91 sits 3% below the current $264.61. Sentiment has drifted a little more constructive lately, with Sell ratings easing from 3 to 2 over recent months. On the fundamentals, the Street sees revenue growth near 6% this year and 6% next, consensus EPS building from about $2.76 next quarter toward $12.20 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 Jul, 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
$2.76
Range $2.68 – $2.80 · 12 analysts · +11% YoY
Next period, 12 analysts expect Automatic Data Processing Inc to earn $2.76 a share (range $2.68 – $2.80), versus $2.49 a year earlier. Full-year consensus is $11.07, growing to $12.20 the year after.
REVENUE · NEXT QUARTER
$5.5B
Range $5.4B – $5.5B · 12 analysts · +6% YoY
Revenue is expected to reach $5.5B (range $5.4B – $5.5B), +6.0% year-over-year. Full-year consensus is $21.8B, rising to $23.1B 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
Kevin Mcveigh
UBS
Hold
$270.00+2.0% to target
Coverage
—
+ Follow
#2
Jason Kupferberg
Wells Fargo
Hold
$248.00-6.3% to target
Coverage
—
+ Follow
#3
David Grossman
Stifel
Hold
$260.00-1.7% to target
Coverage
—
+ Follow
#4
James Faucette
Morgan Stanley
Hold
$240.00-9.3% to target
Coverage
—
+ Follow
#5
Ashish Sabadra
RBC Capital
Hold
$290.00+9.6% 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 $255.91 for Automatic Data Processing Inc over the next 12 months, ranging from a $295.00 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 $295.00 (Cantor Fitzgerald), and the Street-low is $223.00 (TD Cowen). The average of all 11 active targets is $255.91.
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, Kevin Mcveigh of UBS has the strongest overall Quantellect track record. Their current call is Hold with a $270.00 target.
What is Automatic Data Processing Inc's projected EPS for next quarter?+
The consensus estimate is $2.76 per share (range $2.68 – $2.80) across 12 analysts. Full-year EPS is projected at $11.07, rising to $12.20 the following year.
How much revenue is Automatic Data Processing Inc expected to report next quarter?+
Consensus revenue is $5.5B (range $5.4B – $5.5B). Full-year revenue is projected at $21.8B, growing to $23.1B next year.
Have analysts been upgrading or downgrading ADP lately?+
As of Jul, 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.
