Automatic Data Processing Inc. (NASDAQ:ADP) went down by -2.60% from its latest closing price compared to the recent 1-year high of $182.32. The company’s stock price has collected -1.93% of loss in the last five trading sessions. Press Release reported 10 hours ago that ADP Declares Regular Quarterly Dividend
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Is It Worth Investing in Automatic Data Processing Inc. (NASDAQ :ADP) Right Now?
Automatic Data Processing Inc. (NASDAQ:ADP) scored a price-to-earnings ratio above its average ratio, recording 28.65 x from its present earnings ratio. Plus, the 36-month beta value for ADP is at 0.72. Opinions of the stock are interesting as 4 analysts out of 21 who provided ratings for Automatic Data Processing Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 12 rated it as “hold,” and 3 as “sell.”
The average price from analysts is $167.94, which is $5.06 above the current price. ADP currently public float of 427.71M and currently shorts hold a 0.93% ratio of that float. Today, the average trading volume of ADP was 1.70M shares.
ADP’s Market Performance
ADP stocks went down by -1.93% for the week, with a monthly drop of -5.11% and a quarterly performance of 10.00%, while its annual performance rate touched -3.84%. The volatility ratio for the week stands at 2.08% while the volatility levels for the past 30 days are set at 1.87% for Automatic Data Processing Inc.. The simple moving average for the period of the last 20 days is -5.12% for ADP stocks with a simple moving average of 9.92% for the last 200 days.
Analysts’ Opinion of ADP
Many brokerage firms have already submitted their reports for ADP stocks, with Evercore ISI repeating the rating for ADP by listing it as a “Underperform.” The predicted price for ADP in the upcoming period, according to Evercore ISI is $143 based on the research report published on January 13th of the current year 2021.
Wells Fargo, on the other hand, stated in their research note that they expect to see ADP reach a price target of $200. The rating they have provided for ADP stocks is “Overweight” according to the report published on December 18th, 2020.
Cowen gave a rating of “Market Perform” to ADP, setting the target price at $143 in the report published on September 21st of the previous year.
ADP Trading at -4.35% from the 50-Day Moving Average
After a stumble in the market that brought ADP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.69% of loss for the given period.
Volatility was left at 1.87%, however, over the last 30 days, the volatility rate increased by 2.08%, as shares sank -4.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.24% upper at present.
During the last 5 trading sessions, ADP fell by -1.93%, which changed the moving average for the period of 200-days by +19.47% in comparison to the 20-day moving average, which settled at $173.12. In addition, Automatic Data Processing Inc. saw -6.55% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ADP starting from Eberhard Michael C, who sale 3,893 shares at the price of $168.65 back on Jan 12. After this action, Eberhard Michael C now owns 34,792 shares of Automatic Data Processing Inc., valued at $656,554 using the latest closing price.
Dyson Deborah L, the Corp. VP of Automatic Data Processing Inc., sale 600 shares at $170.93 during a trade that took place back on Jan 11, which means that Dyson Deborah L is holding 24,186 shares at $102,558 based on the most recent closing price.
Stock Fundamentals for ADP
Current profitability levels for the company are sitting at:
- +21.53 for the present operating margin
- +45.96 for the gross margin
The net margin for Automatic Data Processing Inc. stands at +16.91. The total capital return value is set at 39.58, while invested capital returns managed to touch 34.02. Equity return is now at value 44.40, with 5.70 for asset returns.
Based on Automatic Data Processing Inc. (ADP), the company’s capital structure generated 42.73 points at debt to equity in total, while total debt to capital is 29.94. Total debt to assets is 6.28, with long-term debt to equity ratio resting at 23.42. Finally, the long-term debt to capital ratio is 16.41.
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When we switch over and look at the enterprise to sales, we see a ratio of 4.45, with the company’s debt to enterprise value settled at 0.04. The receivables turnover for the company is 5.98 and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.
