Automatic Data Processing, Inc. (NASDAQ:ADP - Get Rating) - Equities research analysts at Jefferies Financial Group issued their Q1 2024 EPS estimates for shares of Automatic Data Processing in a research note issued on Wednesday, January 25th. Jefferies Financial Group analyst S. Samana expects that the business services provider will earn $2.08 per share for the quarter. The consensus estimate for Automatic Data Processing's current full-year earnings is $8.12 per share. Jefferies Financial Group also issued estimates for Automatic Data Processing's Q2 2024 earnings at $2.20 EPS, Q3 2024 earnings at $2.68 EPS, Q4 2024 earnings at $2.04 EPS and FY2025 earnings at $9.78 EPS.
A number of other brokerages also recently weighed in on ADP. Robert W. Baird increased their price target on shares of Automatic Data Processing to $251.00 in a research report on Tuesday, November 1st. Morgan Stanley raised their target price on shares of Automatic Data Processing from $245.00 to $250.00 and gave the stock an "equal weight" rating in a report on Thursday, October 27th. Mizuho dropped their target price on shares of Automatic Data Processing from $285.00 to $275.00 and set a "buy" rating on the stock in a report on Thursday. Wolfe Research raised their price target on shares of Automatic Data Processing from $220.00 to $225.00 in a research note on Thursday, January 5th. Finally, Cowen raised their price target on shares of Automatic Data Processing to $237.00 in a research note on Thursday, October 27th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Automatic Data Processing presently has an average rating of "Hold" and an average target price of $243.67.
more info :https://www.marketbeat.com/instant-alerts/nasdaq-adp-analyst-earnings-estimates-2023-01-27/
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