ADP's shares fell sharply as job growth data disappointed investors.
Automatic Data Processing Inc (NASDAQ:ADP) is seeing a significant drop, with shares down 2.08% to close at CA$277.62. This decline follows disappointing job growth figures released earlier in the week, raising concerns about the company's future performance.
Investor takeaway: ADP's recent job growth report has led to skepticism about its valuation and growth prospects, prompting a sell-off in its stock.
Advertisement
Automatic Data Processing Inc
ADP.US
ADP.US
Automatic Data Processing Inc
WealthAwesomeMarket cap
$102.26B
P/E
23.6x
Div. yield
2.54%
Div. / share
$6.64
52W high
$286.17
52W low
$185.56
1W change
-2.13%
Beta
0.83
Analyst Price Targets
Based on 18 analysts covering ADP · as of Sep 17, 2026
Wall Street analysts forecast ADP stock price to rise 11.4% over the next 12 months.
Consensus
Hold3.28 / 5.00
Avg. Target
C$287.60
+11.4% Upside
Current Price
C$258.06
Last close
Analyst Breakdown (18 analysts)
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ADP's historical volatility
30-Day Vol
21.5%
Annualized
90-Day Vol
28.9%
Annualized
Trend (90d)
+23.5%
Annualized drift
90d Mean
C$280.62
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$265.37 | C$246.41 – C$285.79 |
| 60 trading days | C$272.89 | C$245.72 – C$303.05 |
| 90 trading days | C$280.62 | C$246.80 – C$319.07 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Advertisement
ADP's shares down 2.08% amid job growth concerns
Advertisement
The stock's decline reflects broader worries about the labor market's stability and ADP's ability to maintain its growth in the face of economic challenges.
Bull case
ADP has a strong track record of returns and boasts a high client retention rate of 92%. The company’s long-term growth strategy is focused on expanding its payroll and HR services, which could position it well for future success.
Bear case
The recent job growth report showed only 38,000 new jobs added in August, falling short of expectations. This raises concerns about ADP's ability to sustain growth in a slowing labor market. Analysts are questioning whether ADP's current valuation is justified given the potential risks of a downturn.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Advertisement
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
