In the past week, ADP stock has gone up by 0.55%, with a monthly decline of -2.60% and a quarterly surge of 7.98%. The volatility ratio for the week is 1.87%, and the volatility levels for the last 30 days are 1.47% for Automatic Data Processing Inc The simple moving average for the last 20 days is -1.10% for ADP stock, with a simple moving average of 11.60% for the last 200 days.
Is It Worth Investing in Automatic Data Processing Inc (NASDAQ: ADP) Right Now?
The price-to-earnings ratio for Automatic Data Processing Inc (NASDAQ: ADP) is above average at 31.67x. The 36-month beta value for ADP is also noteworthy at 0.80. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 2 rating it as “overweight,” 14 rating it as “hold,” and 0 rating it as “sell.”
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The public float for ADP is 406.93M, and at present, short sellers hold a 1.49% of that float. The average trading volume of ADP on December 26, 2024 was 1.70M shares.
ADP) stock’s latest price update
Automatic Data Processing Inc (NASDAQ: ADP)’s stock price has plunge by 0.79relation to previous closing price of 294.15. Nevertheless, the company has seen a 0.55% surge in its stock price over the last five trading sessions. prnewswire.com reported 2024-12-18 that ROSELAND, N.J., Dec. 18, 2024 /PRNewswire/ — ADP (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the second fiscal quarter ending December 31, 2024 before the opening of the Nasdaq on Wednesday, January 29, 2025.
Analysts’ Opinion of ADP
Many brokerage firms have already submitted their reports for ADP stocks, with BofA Securities repeating the rating for ADP by listing it as a “Neutral.” The predicted price for ADP in the upcoming period, according to BofA Securities is $243 based on the research report published on January 17, 2024 of the current year 2024.
UBS gave a rating of “Neutral” to ADP, setting the target price at $235 in the report published on November 07th of the previous year.
ADP Trading at -0.38% 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 -4.25% of loss for the given period.
Volatility was left at 1.47%, however, over the last 30 days, the volatility rate increased by 1.87%, as shares sank -2.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.88% upper at present.
During the last 5 trading sessions, ADP rose by +0.30%, which changed the moving average for the period of 200-days by +21.46% in comparison to the 20-day moving average, which settled at $299.71. In addition, Automatic Data Processing Inc saw 27.57% 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 KUTAM SREENIVASA, who sale 38,975 shares at the price of $300.00 back on Nov 06 ’24. After this action, KUTAM SREENIVASA now owns 32,604 shares of Automatic Data Processing Inc, valued at $11,692,500 using the latest closing price.
KUTAM SREENIVASA, the Officer of Automatic Data Processing Inc, proposed sale 38,975 shares at $300.00 during a trade that took place back on Nov 06 ’24, which means that KUTAM SREENIVASA is holding shares at $11,692,500 based on the most recent closing price.
Stock Fundamentals for ADP
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.47 for the gross margin
The net margin for Automatic Data Processing Inc stands at 0.2. The total capital return value is set at 0.13. Equity return is now at value 87.26, with 7.79 for asset returns.
Based on Automatic Data Processing Inc (ADP), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.56. The debt to equity ratio resting at 1.56. The interest coverage ratio of the stock is 12.53.
Currently, EBITDA for the company is 5.8 billion with net debt to EBITDA at 1.1. When we switch over and look at the enterprise to sales, we see a ratio of 6.52. The receivables turnover for the company is 5.89for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.01.
Conclusion
In summary, Automatic Data Processing Inc (ADP) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
