Automatic Data Processing Inc

Company Profile

Automatic Data Processing Inc had its IPO on 1983-04-06 under the ticker symbol ADP.

The company operates in the Industrials sector and Staffing & Employment Services industry. Automatic Data Processing Inc has a staff strength of 60,000 employees.

Stock update

Shares of Automatic Data Processing Inc opened at $216.3 at the start of the last trading session i.e. 2023-03-19.

The stocks traded within a range of $212.58 - $217.03, and closed at $213.22.

This is a -1.2% slip from the previous day's closing price.

A total volume of 8,927,500 shares were traded at the close of the day’s session.

In the last one week, shares of Automatic Data Processing Inc have slipped by -2.63%.

Automatic Data Processing Inc's Key Ratios

Automatic Data Processing Inc has a market cap of $91.69 billion, indicating a price to book ratio of 41.874 and a price to sales ratio of 6.1135.

In the last 12-months Automatic Data Processing Inc’s revenue was $17.25 billion with a gross profit of $7.45 billion and an EBITDA of $4.69 billion. The EBITDA ratio measures Automatic Data Processing Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Automatic Data Processing Inc’s operating margin was 24.12% while its return on assets stood at 4.58% with a return of equity of 78.3%.

In Q4, Automatic Data Processing Inc’s quarterly earnings growth was a positive 18.2% while revenue growth was a positive 9.1%.

Automatic Data Processing Inc’s PE and PEG Ratio

Forward PE

31.9489

Trailing PE

28.7004

PEG

2.947

Its diluted EPS in the last 12-months stands at $7.71 per share while it has a forward price to earnings multiple of 31.9489 and a PEG multiple of 2.947. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Automatic Data Processing Inc’s profitability.

Automatic Data Processing Inc stock is trading at a EV to sales ratio of 6.7227 and a EV to EBITDA ratio of 24.2217. Its price to sales ratio in the trailing 12-months stood at 6.1135.

Automatic Data Processing Inc stock pays annual dividends of $4.37 per share, indicating a yield of 2.28% and a payout ratio of 60.82%.

Balance sheet and cash flow metrics

Total Assets

$54.45 billion

Total Liabilities

$46.81 billion

Operating Cash Flow

$108.20 million

Capital Expenditure

$141.80 million

Dividend Payout Ratio

60.82%

Automatic Data Processing Inc ended 2023 with $54.45 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $54.45 billion while shareholder equity stood at $2.99 billion.

Automatic Data Processing Inc ended 2023 with $66.80 million in deferred long-term liabilities, $46.81 billion in other current liabilities, 63900000.00 in common stock, $21.33 billion in retained earnings and $2.32 billion in goodwill. Its cash balance stood at $1.35 billion and cash and short-term investments were $1.35 billion. The company’s total short-term debt was $0 while long-term debt stood at $2.99 billion.

Automatic Data Processing Inc’s total current assets stands at $46.14 billion while long-term investments were $7.70 million and short-term investments were $0. Its net receivables were $3.16 billion compared to accounts payable of $85.30 million and inventory worth $0.

In 2023, Automatic Data Processing Inc's operating cash flow was $108.20 million while its capital expenditure stood at $141.80 million.

Comparatively, Automatic Data Processing Inc paid $0.61 in dividends in 2023.

Other key metrics

Current Trading Price

$213.22

52-Week High

$274.92

52-Week Low

$194.8201

Analyst Target Price

$247.81

Automatic Data Processing Inc stock is currently trading at $213.22 per share. It touched a 52-week high of $274.92 and a 52-week low of $274.92. Analysts tracking the stock have a 12-month average target price of $247.81.

Its 50-day moving average was $225.79 and 200-day moving average was $231.89 The short ratio stood at 2.03 indicating a short percent outstanding of 0%.

Around 11.4% of the company’s stock are held by insiders while 8373.2% are held by institutions.