BofA Securities upgraded Automatic Data from Underperform to Neutral and set a new price target of $243.00 from $217.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/17/2024 | $217.00 → $243.00 | Underperform → Neutral | BofA Securities |
| 1/4/2024 | Underperform → Peer Perform | Wolfe Research | |
| 11/7/2023 | $235.00 | Neutral | UBS |
| 9/5/2023 | $267.00 | Sector Perform | RBC Capital Mkts |
| 6/2/2023 | $230.00 | Neutral | UBS |
| 4/3/2023 | $249.00 → $211.00 | Neutral → Underperform | BofA Securities |
| 3/9/2022 | $223.00 | Underperform → Neutral | BofA Securities |
| 1/27/2022 | $235.00 → $203.00 | Hold | Deutsche Bank |
Workers often forego billions of dollars in gains that they could have made off their retirement plans. Why? They unknowingly roll their savings into cash holdings instead of new investments after they switch jobs. When a 401(k) balance from an old company’s plan is rolled over into an individual retirement account (IRA), that money is usually held as cash until it is put into new investments held by the IRA. Almost a third of workers who rolled savings into IRAs at Vanguard Group in 2015 still had the balance sitting in cash seven years later, the New York Times reported. Americans with IRAs that hold a lot of cash forfeit more than $172 billion a year in retirement wealth tha
Automatic Data Processing (NASDAQ:ADP) has outperformed the market over the past 10 years by 2.47% on an annualized basis producing an average annual return of 13.18%. Currently, Automatic Data Processing has a market capitalization of $102.01 billion. Buying $1000 In ADP: If an investor had bought $1000 of ADP stock 10 years ago, it would be worth $3,424.27 today based on a price of $249.24 for ADP at the time of writing. Automatic Data Processing's Performance Over Last 10 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was gene
Automatic Data Processing's (NYSE:ADP) short percent of float has risen 6.36% since its last report. The company recently reported that it has 4.78 million shares sold short, which is 1.17% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.43 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Shor
BofA Securities upgraded Automatic Data from Underperform to Neutral and set a new price target of $243.00 from $217.00 previously
Wolfe Research upgraded Automatic Data from Underperform to Peer Perform
UBS initiated coverage of Automatic Data with a rating of Neutral and set a new price target of $235.00
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SC 13G/A - AUTOMATIC DATA PROCESSING INC (0000008670) (Subject)
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Transaction will expand global offering and drive workforce management innovation to meet the future needs of businesses ROSELAND, N.J., Oct. 15, 2024 /PRNewswire/ -- ADP® (NASDAQ:ADP), a leading global technology company providing human capital management (HCM) solutions, today announced that it has acquired WorkForce Software, a premier workforce management solutions provider that specializes in supporting large, global enterprises. This acquisition will expand ADP's global offering of workforce management solutions and enable future innovation in the space. Transaction will expand global offering and drive workforce management innovation to meet the future needs of businesses"As the needs
Carlos Rodriguez to continue as member of ADP Board of Directors ROSELAND, N.J., Jan. 10, 2024 /PRNewswire/ -- ADP, a leading global technology company providing human capital management (HCM) solutions, announced today that its board of directors appointed Thomas J. Lynch as its independent, non-executive board chair to succeed Carlos A. Rodriguez as executive chair of the board, effective as of January 31, 2024. Mr. Lynch has served as an independent director of the board since 2018. Mr. Rodriguez will continue to serve on the company's board as a non-employee director. In addition, John P. Jones will transition from his role as lead independent director but remain a board member. Prior
Cloud Software Industry Veteran Michael Haske Succeeds CEO and Co-Founder Olivier Pailhes to Lead Next Chapter of Aircall's Growth Aircall, the business phone system, today announced that Michael Haske will join the company as Chief Executive Officer (CEO) effective September 2, 2022. Haske, previously the President and Chief Operating Officer at Paylocity, will succeed Aircall CEO Olivier Pailhes. Pailhes co-founded Aircall in 2014 and has led the global company to achieve over $1bn valuation and scale to serve more than 13,000 customers in over 100 countries. Pailhes will remain on the board and continue to serve as a strategic advisor to the company. Haske joins Aircall at a pivotal ti
Fiserv, Inc. (NYSE:FI), a leading global provider of payments and financial services technology, and ADP® (NASDAQ:ADP), a leading global technology company providing human capital management (HCM) solutions, today announced a strategic partnership that brings together Fiserv's preeminent small business solutions, including Clover® and CashFlow CentralSM, with the industry-leading small business payroll and HR solution, RUN Powered by ADP®. With Fiserv research finding that 87 percent of small business owners are interested in one easy-to-use business management system, ADP and Fiserv have a unique opportunity to deliver a robust solution that combines a premier set of capabilities across
Winners to be revealed during 40th Annual ADP® Meeting of the Minds Conference in March ROSELAND, N.J., Oct. 31, 2024 /PRNewswire/ -- ADP, a leading global technology company providing human capital management (HCM) solutions, today announced the finalists for the 2025 HCM Distinction Awards. Celebrating the transformation of work, the awards program recognizes a select group of large employers that demonstrate excellence in HCM and lead the way in workplace innovation. This year's prestigious HCM Distinction Awards recognize organizations that are leveraging HCM technology to drive organizational agility, build inclusive and engaged cultures, lead workplace innovation, enable global perfor
ROSELAND, N.J., Oct. 30, 2024 /PRNewswire/ -- Private sector employment increased by 233,000 jobs in October and annual pay was up 4.6 percent year-over-year, according to the October ADP® National Employment Report™ produced by ADP Research in collaboration with the Stanford Digital Economy Lab ("Stanford Lab"). The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25 million U.S. employees. The jobs report and pay insights use ADP's fine-grained anonymized and aggregated payroll data to provide a representative picture of the private-sector labor market. The report detail
8-K - AUTOMATIC DATA PROCESSING INC (0000008670) (Filer)
8-K - AUTOMATIC DATA PROCESSING INC (0000008670) (Filer)
10-Q - AUTOMATIC DATA PROCESSING INC (0000008670) (Filer)
ROSELAND, N.J., Oct. 30, 2024 /PRNewswire/ -- ADP (NASDAQ:ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its first quarter fiscal 2025 financial results along with its revised fiscal 2025 outlook through an earnings release available on the company's website at investors.adp.com/events-and-presentations. This earnings release will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K and available at sec.gov. As previously announced, ADP will host a conference call for financial analysts today, Wednesday, October 30, 2024 at 8:30 a.m. ET. The conference call will be webcast live on ADP'
ROSELAND, N.J., Oct. 1, 2024 /PRNewswire/ -- ADP (NASDAQ:ADP), a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the first fiscal quarter ending September 30, 2024 before the opening of the Nasdaq on Wednesday, October 30, 2024. ADP will also be hosting a conference call at 8:30 a.m. ET on October 30, 2024 to discuss these results. Maria Black, President & Chief Executive Officer, Don McGuire, Chief Financial Officer and Matthew Keating, Vice President of Investor Relations, will be participating on the call. Please note that ADP no longer publishes its financial results over a news wire service. Instead, the results wil
ROSELAND, N.J., Aug. 7, 2024 /PRNewswire/ -- The board of directors of Automatic Data Processing, Inc. (NASDAQ:ADP) has declared a regular quarterly dividend of $1.40 per share payable October 1, 2024 to shareholders of record on September 13, 2024. About ADP (NASDAQ – ADP)Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc. Copyright © 2024 ADP, Inc. All rights reserved. ADP - Investor Relations