Key Highlights:
- Automatic Data Processing (ADP, Financial) announces a steady quarterly dividend, yielding 2.2%.
- Analysts predict a 13.19% upside for ADP stock, with an average price target of $311.37.
- ADP's current brokerage recommendation stands at "Hold" with a 2.8 rating out of 5.
Automatic Data Processing (ADP) has declared a consistent quarterly dividend of $1.54 per share. This decision maintains the company's prior dividend payout, resulting in a forward yield of 2.2%. Shareholders who are recorded by June 13 will receive their dividends on July 1, with the ex-dividend date set for June 13.
Analyst Price Predictions
In the realm of analyst forecasts, 14 financial experts have presented their one-year price targets for Automatic Data Processing Inc (ADP, Financial). The average target price is $311.37, featuring a high estimate of $350.00 and a low forecast of $284.15. This average target suggests a potential upside of 13.19% from the current stock price of $275.08. For more detailed forecasting data, investors can visit the Automatic Data Processing Inc (ADP) Forecast page.
Brokerage Recommendations
The consensus recommendation from 18 brokerage firms currently assigns Automatic Data Processing Inc (ADP, Financial) an average brokerage recommendation of 2.8, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell.
GF Value Estimation
According to GuruFocus, the estimated GF Value for Automatic Data Processing Inc (ADP, Financial) in one year is $310.21. This estimation suggests a potential upside of 12.77% from the current market price of $275.08. GuruFocus' GF Value is a measure of the fair value at which the stock should ideally trade, calculated based on the stock's historical trading multiples, past business growth, and future business performance projections. For more comprehensive data, visit the Automatic Data Processing Inc (ADP) Summary page.
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