Analyst Ratings for Automatic Data Processing Inc. (ADP)

Updated: 2017-07-28

Shares of Automatic Data Processing Inc. (NASDAQ:ADP) have received a consensus rating of Hold from Wall Street analysts. ADP had previously received a consensus rating of Hold a month ago.

21 analysts issued ratings on the stock, where 3 gave ADP a buy rating, 1 gave an overweight rating, 14 issued a hold rating, 1 gave an underweight rating, and 2 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 1.

Many analysts weighed in on price targets for ADP. The most optimistic analyst gave a price target of 115, implying potential capital gains of -0.54 percent. The most pessimistic analyst gave a price target of 77, which equates to a potential downside of -33.41 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -5.63 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.14 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 1.37 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.

ADP has an estimated earnings growth rate of 13.21 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. ADP has a PEG ratio of 2.28.

ADP has a 52-week high of 120.00 and a 52-week low of 85.48. Today's price is 35.27 percent above the 52-week low, and below the high by 3.64 percent. ADP has a price/earnings ratio of 30.08. Investors typically compare the P/E ratio to a company's peers in the industry. The ADP value stock report compares ADP to some of its peers using value stock charts. The stock has a market capitalization of $47.42 billion. ADP's next earnings release will be on 0000-00-00, which is days away.