As the world becomes increasingly uncertain, Automatic Data Processing Inc. (ADP) offers stability

Automatic Data Processing Inc. (NASDAQ: ADP) closed the day trading at $261.97 up 1.70% from the previous closing price of $257.60. In other words, the price has increased by $+4.37 from its previous closing price. On the day, 1266277 shares were traded. ADP stock price reached its highest trading level at $262.54 during the session, while it also had its lowest trading level at $258.06.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.



For a better understanding of ADP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 87.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 59.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 1.16 whereas as Long-Term Debt/Eq ratio is at 1.16.

Upgrades & Downgrades

On August 17, 2021, JP Morgan Downgraded its rating to Underweight which previously was Neutral but kept the price unchanged to $224.

Credit Suisse Downgraded its Outperform to Neutral on August 16, 2021, while the target price for the stock was maintained at $215.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 07 when D’Ambrosio Christopher sold 304 shares for $238.45 per share. The transaction valued at 72,488 led to the insider holds 3,276 shares of the business.

Sperduto James T sold 160 shares of ADP for $38,982 on Nov 02. The Corp VP now owns 8,375 shares after completing the transaction at $243.64 per share. On Nov 01, another insider, Sperduto James T, who serves as the Corp VP of the company, sold 207 shares for $242.34 each. As a result, the insider received 50,164 and left with 8,535 shares of the company.

Valuation Measures:

As of this moment, Automatic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.29, and their Forward P/E ratio for the next fiscal year is 29.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.42. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.38 while its Price-to-Book (P/B) ratio in mrq is 42.19.

Stock Price History:

Over the past 52 weeks, ADP has reached a high of $261.59, while it has fallen to a 52-week low of $192.26. The 50-Day Moving Average of the stock is 237.38, while the 200-Day Moving Average is calculated to be 226.49.

Shares Statistics:

Over the past 3-months, ADP traded about 1.76M shares per day on average, while over the past 10 days, ADP traded about 1.6M shares per day. A total of 414.60M shares are outstanding, with a floating share count of 414.36M. Insiders hold about 0.10% of the company’s shares, while institutions hold 81.90% stake in the company. Shares short for ADP as of Oct 13, 2022 were 5.85M with a Short Ratio of 5.79M, compared to 4.61M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.41% and a Short% of Float of 1.41%.

Dividends & Splits

ADP’s forward annual dividend rate is 5.00, up from 3.68 a year ago. Against a Trailing Annual Dividend Yield of 1.43%, it implies a Forward Annual Dividend Yield of 1.77%. The stock’s 5-year Average Dividend Yield is 1.96. The current Payout Ratio is 55.80% for ADP, which recently paid a dividend on Dec 31, 2022 with an ex-dividend date of Sep 07, 2022. Stock splits for the company last occurred on Sep 30, 2014 when the company split stock in a 1139:1000 ratio.

Earnings Estimates

Current recommendations for the stock of the company come from 17 analysts. On average, analysts expect EPS of $1.94 for the current quarter, with a high estimate of $2.01 and a low estimate of $1.89, while EPS last year was $1.65. The consensus estimate for the next quarter is $2.49, with high estimates of $2.58 and low estimates of $2.34.

Analysts are recommending an EPS of between $8.23 and $7.92 for the fiscal current year, implying an average EPS of $8.12. EPS for the following year is $9.05, with 17 analysts recommending between $9.25 and $8.7.

Revenue Estimates

A total of 18 analysts have provided revenue estimates for ADP’s current fiscal year. The highest revenue estimate was $18.02B, while the lowest revenue estimate was $17.58B, resulting in an average revenue estimate of $17.92B. In the same quarter a year ago, actual revenue was $16.5B, up 8.60% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $19.19B in the next fiscal year. The high estimate is $19.55B and the low estimate is $18.68B. The average revenue growth estimate for next year is up 7.10% from the average revenue estimate for this year.