Automatic Data Processing Inc. ($ADP) Stock Forecast: Down 2.2% Today

What is Automatic Data Processing Inc.?

Automatic Data Processing (ADP) is a leading provider of human resources management software and services. The company offers a wide range of solutions to help businesses streamline their HR processes and payroll operations.

Why is Automatic Data Processing Inc. going down?

ADP stock is down 2.2% on Jan 30, 2025 15:28

• Despite beating earnings and revenue estimates in the second quarter, ADP experienced a bearish movement.
• The market may have reacted negatively due to concerns about future growth prospects or profit-taking by investors after a period of outperformance.
• The strong performance over the past 10 years may have raised expectations, leading to a sell-off when the results did not meet heightened investor expectations.
• Investors might be focusing on other factors such as guidance, market conditions, or macroeconomic trends that could be impacting ADP's stock price negatively.

ADP Price Chart

ADP Technical Analysis

ADP News

Automatic Data Processing Q2 Earnings & Revenues Beat Estimates

Improved segmental performances aid ADP's second-quarter fiscal 2025 top line.

https://www.zacks.com/stock/news/2405961/automatic-data-processing-q2-earnings-revenues-beat-estimates

Automatic Data Processing ( ADP ) Q2 Earnings and Revenues Beat Estimates

ADP (ADP) delivered earnings and revenue surprises of 3.52% and 1.64%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2405282/automatic-data-processing-adp-q2-earnings-and-revenues-beat-estimates

If You Invested $100 In This Stock 10 Years Ago, You Would Have This Much Today - Automatic Data Processing ( NASDAQ:ADP )

Automatic Data Processing ADP has outperformed the market over the past 10 years by 2.06% on an annualized basis producing an average annual return of 13.36%. Currently, Automatic Data Processing has a market capitalization of $121.54 billion.

https://www.benzinga.com/insights/news/25/01/43237273/if-you-invested-100-in-this-stock-10-years-ago-you-would-have-this-much-today

Automatic Data Processing to Report Q2 Earnings: What's in Store?

Rising retirement service offerings and average worksite employees are likely to have driven ADP's revenues in the second quarter of fiscal 2025.

https://www.zacks.com/stock/news/2403025/automatic-data-processing-to-report-q2-earnings-whats-in-store

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Automatic Data Processing Inc. Price History

30.00.2025 - ADP Stock was down 2.2%

• Despite beating earnings and revenue estimates in the second quarter, ADP experienced a bearish movement.
• The market may have reacted negatively due to concerns about future growth prospects or profit-taking by investors after a period of outperformance.
• The strong performance over the past 10 years may have raised expectations, leading to a sell-off when the results did not meet heightened investor expectations.
• Investors might be focusing on other factors such as guidance, market conditions, or macroeconomic trends that could be impacting ADP's stock price negatively.

05.08.2023 - ADP Stock was down 1.3%

• The article about dividend stocks does not directly impact ADP as it focuses on different companies and their dividend payouts.
• The article about hydrogen stocks also does not have a direct impact on ADP as it discusses a different sector and investment opportunities.
• Possible reasons for the bearish movement in ADP:
• Poor financial performance or disappointing earnings report from ADP.
• Negative news or market sentiment surrounding the human resources management industry.
• Overall market downturn or negative macroeconomic factors affecting the stock.
• It is important to note that the provided articles do not provide any specific information or news related to ADP, so the exact cause of the bearish movement cannot be determined with certainty.

10.05.2024 - ADP Stock was down 2.5%

• ADP stock experienced a bearish movement after private employers added 152,000 jobs in May, falling below both Wall Street predictions and the revised figure for April.
• Investors reacted negatively to the weaker-than-expected job creation data, leading to a sell-off in ADP shares.
• The market sentiment was further impacted by the softer economic data, with investors buying stocks on lower yields as bonds rapidly moved up, indicating a cautious approach towards economic recovery.
• The upcoming release of the jobs report on Friday will be closely watched to assess the overall health of the job market and its potential impact on ADP's stock performance.

26.05.2024 - ADP Stock was down 3.5%

• Today's bearish movement in ADP's stock can be attributed to the following factors:
• Despite its historical outperformance, analysts' bearish sentiment towards ADP's stock may have influenced investor confidence and triggered selling pressure.
• Highlighting ADP's underperformance compared to other dividend aristocrat stocks could have raised concerns among investors about the company's future growth prospects.
• Investors may be reallocating their portfolios based on the negative outlook for ADP, leading to a significant sell-off and contributing to the bearish trend in the stock price.
• The overall market sentiment and broader economic conditions may have also played a role in the downward movement of ADP's stock today.

02.10.2023 - ADP Stock was up 5.0%

• ADP has consistently outperformed the market over the past 15 years, with an average annual return of 12.72%. This indicates a strong track record of growth and profitability.
• The company's Q1 earnings beat expectations, driven by healthy demand for its human capital management solutions. This suggests that ADP's strong clientele and recurring revenues have contributed to its bullish market movement.
• The bearish options activity observed in an article from Benzinga may not have had a significant impact on ADP's overall market movement, considering the positive earnings and long-term performance mentioned in the other articles.
• While the news articles do not directly mention the cause of ADP's bullish movement today, the company's solid financial performance and reputation as a top dividend stock could have contributed to investor confidence and buying interest.

25.09.2023 - ADP Stock was down 7.8%

• The bearish movement in ADP's stock today can be attributed to the mixed bag of fiscal first quarter results and the revised 2024 outlook. While the company's profit for the first quarter increased and beat Street estimates, there was a miss in revenue projections. This discrepancy may have caused investor concern and led to the decline in the stock price. The upcoming Q1 earnings announcement could also be contributing to the market movement as investors may be cautious ahead of the release.

01.10.2023 - ADP Stock was down 5.3%

• Paycom's stock plunges 25% as payroll company whiffs on earnings outlook: This news about a competitor in the same industry performing poorly could have negatively impacted ADP's stock.
• Automatic Data Processing Unusual Options Activity: The bearish stance taken by a large investor or institution could have influenced the market sentiment towards ADP.
• These Analysts Slash Their Forecasts On ADP After Q1 Results: The mixed results reported by ADP for the first quarter, with revenues slightly missing analyst consensus, could have contributed to the bearish movement in the stock.

23.05.2023 - ADP Stock was down 1.9%

• The stock price of ADP experienced a strong bearish movement today. Here are some possible reasons why:
• The company's high costs may have negatively impacted investor sentiment, as mentioned in an article from Zacks Commentary.
• The recent drop in the stock price may be related to the increase in debt, as discussed in an article from Benzinga.
• The increase in holdings by Voya Investment Management LLC, as mentioned in an article from The AM Reporter and one from EIN News Investing, may not have been enough to offset the negative market sentiment towards the company.
• The overall market may have also played a role in the bearish movement of ADP's stock price.

02.03.2024 - ADP Stock was up 0.2%

• The bullish movement in ADP's stock today could be linked to positive market sentiment towards dividend stocks aiming for upside potential, with investors increasingly interested in assets offering growth and income.
• Mention of dividend stocks with growth attributes may have influenced investors to consider ADP for investment due to its robust financial position, consistent dividend payments, and future growth possibilities.
• Investors might have favored ADP because of its sustainable free cash flow, which plays a crucial role in increasing dividends over time.
• The focus on valuation metrics such as the price to earnings ratio (P/E) and payout ratio in discussions may have boosted investor confidence in ADP's potential for capital appreciation.

21.07.2023 - ADP Stock was up 0.3%

• The bullish movement in ADP's stock today can be attributed to several factors:
• 1. Positive rating and valuation: The hold rating and positive assessment of ADP's price and valuation in an article from Seeking Alpha may have contributed to investor confidence and buying interest.
• 2. Strong historical performance: an article from Benzinga highlights ADP's outperformance in the market over the past 15 years, which could have attracted investors seeking a reliable and profitable investment.
• 3. Unusual options activity: The bearish stance taken by a large investor, as mentioned in an article from Benzinga, might have sparked interest and buying activity from other investors who believe in the company's potential.
• 4. Decrease in short interest: The decrease in short percent of float, as mentioned in an article from Benzinga, indicates a reduction in bearish sentiment and short positions, which could have further boosted ADP's stock price.
• Overall, the combination of positive assessments, strong historical performance, unusual options activity, and decrease in short interest likely contributed to the bullish movement in ADP's stock today.

26.06.2023 - ADP Stock was up 6.4%

• The bullish movement in ADP's stock today can be attributed to the following factors:
• 1. Strong Q4 2023 Revenue Growth: ADP reported a revenue growth of 8% year-on-year, beating the consensus estimates. This positive financial performance indicates a strong business outlook for the company.
• 2. Beat Street Estimates: ADP's earnings for the fourth quarter increased from the same period last year and beat the Street estimates. The company's non-GAAP EPS of $1.89 beat expectations by $0.06, and revenue of $4.5B beat expectations by $110M. This positive surprise in earnings and revenue is likely to have contributed to the bullish market movement.
• 3. Optimistic Outlook: ADP's management has set an optimistic outlook for 2024, touting "incredibly" strong business bookings. This positive sentiment from the company's leadership can instill confidence in investors and drive the stock price higher.
• Overall, ADP's strong financial performance, beating of Street estimates, and optimistic outlook have likely fueled the bullish market movement in the stock today.