Here’s Our Rant About Automatic Data Processing Inc. (ADP) – News Heater
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Here’s Our Rant About Automatic Data Processing Inc. (ADP)

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Automatic Data Processing Inc. (NASDAQ:ADP) went up by 1.62% from its latest closing price compared to the recent 1-year high of $217.15. The company’s stock price has collected 0.46% of gains in the last five trading sessions. Press Release reported 15 hours ago that Media Alert: September 2021 ADP Canada National Employment Report to be released on Thursday, October 21, 2021

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 34.36 x from its present earnings ratio. Plus, the 36-month beta value for ADP is at 0.75. Opinions of the stock are interesting as 3 analysts out of 22 who provided ratings for Automatic Data Processing Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 15 rated it as “hold,” and 3 as “sell.”


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The average price from analysts is $210.81, which is $2.29 above the current price. ADP currently public float of 422.19M and currently shorts hold a 1.02% ratio of that float. Today, the average trading volume of ADP was 1.47M shares.

ADP’s Market Performance

ADP stocks went up by 0.46% for the week, with a monthly jump of 3.99% and a quarterly performance of 1.42%, while its annual performance rate touched 40.41%. The volatility ratio for the week stands at 1.20% while the volatility levels for the past 30 days are set at 1.59% for Automatic Data Processing Inc.. The simple moving average for the period of the last 20 days is 3.47% for ADP stocks with a simple moving average of 8.68% for the last 200 days.

Analysts’ Opinion of ADP

Many brokerage firms have already submitted their reports for ADP stocks, with JP Morgan repeating the rating for ADP by listing it as a “Underweight.” The predicted price for ADP in the upcoming period, according to JP Morgan is $224 based on the research report published on August 17th of the current year 2021.

Credit Suisse, on the other hand, stated in their research note that they expect to see ADP reach a price target of $215. The rating they have provided for ADP stocks is “Neutral” according to the report published on August 16th, 2021.

Citigroup gave a rating of “Neutral” to ADP, setting the target price at $220 in the report published on August 11th of the current year.

ADP Trading at 1.20% 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 -3.97% of loss for the given period.

Volatility was left at 1.59%, however, over the last 30 days, the volatility rate increased by 1.20%, as shares surge +5.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.64% lower at present.

During the last 5 trading sessions, ADP rose by +0.46%, which changed the moving average for the period of 200-days by +19.24% in comparison to the 20-day moving average, which settled at $202.04. In addition, Automatic Data Processing Inc. saw 18.34% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ADP starting from Brown Laura G, who sale 1,490 shares at the price of $200.51 back on Oct 01. After this action, Brown Laura G now owns 8,296 shares of Automatic Data Processing Inc., valued at $298,760 using the latest closing price.

Rodriguez Carlos A, the President & CEO of Automatic Data Processing Inc., sale 48,572 shares at $204.41 during a trade that took place back on Sep 08, which means that Rodriguez Carlos A is holding 86,409 shares at $9,928,680 based on the most recent closing price.

Stock Fundamentals for ADP

Current profitability levels for the company are sitting at:

  • +22.16 for the present operating margin
  • +46.48 for the gross margin

The net margin for Automatic Data Processing Inc. stands at +17.32. The total capital return value is set at 38.38, while invested capital returns managed to touch 32.28. Equity return is now at value 45.10, with 5.30 for asset returns.

Based on Automatic Data Processing Inc. (ADP), the company’s capital structure generated 60.78 points at debt to equity in total, while total debt to capital is 37.80. Total debt to assets is 7.07, with long-term debt to equity ratio resting at 58.70. Finally, the long-term debt to capital ratio is 36.51.

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When we switch over and look at the enterprise to sales, we see a ratio of 5.72, with the company’s debt to enterprise value settled at 0.04. The receivables turnover for the company is 5.81 and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.

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