A new trading day began on Tuesday, with Automatic Data Processing Inc (NASDAQ: ADP) stock price up 0.46% from the previous day of trading, before settling in for the closing price of $289.86. ADP’s price has ranged from $218.63 to $294.18 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 6.30%. Meanwhile, its annual earnings per share averaged 8.45%. With a float of $407.32 million, this company’s outstanding shares have now reached $408.10 million.
Considering the fact that the conglomerate employs 64000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 46.87%, operating margin of 19.2%, and the pretax margin is 25.69%.
Automatic Data Processing Inc (ADP) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Automatic Data Processing Inc is 0.13%, while institutional ownership is 81.64%. The most recent insider transaction that took place on Sep 17 ’24, was worth 28,000. In this transaction Corp VP of this company sold 100 shares at a rate of $280.00, taking the stock ownership to the 10,218 shares. Before that another transaction happened on Sep 17 ’24, when Company’s Corp VP sold 1,383 for $280.00, making the entire transaction worth $387,240. This insider now owns 18,607 shares in total.
Automatic Data Processing Inc (ADP) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 2.13 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.97% during the next five years compared to 11.68% growth over the previous five years of trading.
Automatic Data Processing Inc (NASDAQ: ADP) Trading Performance Indicators
Here are Automatic Data Processing Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.08. Likewise, its price to free cash flow for the trailing twelve months is 26.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.36, a number that is poised to hit 2.30 in the next quarter and is forecasted to reach 10.89 in one year’s time.
Technical Analysis of Automatic Data Processing Inc (ADP)
Compared to the last year’s volume of 1.63 million, its volume of 1.67 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 63.09%. Additionally, its Average True Range was 3.78.
During the past 100 days, Automatic Data Processing Inc’s (ADP) raw stochastic average was set at 95.23%, which indicates a significant increase from 80.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.76% in the past 14 days, which was lower than the 14.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $282.24, while its 200-day Moving Average is $256.53. Nevertheless, the first resistance level for the watch stands at $292.45 in the near term. At $293.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $295.72. If the price goes on to break the first support level at $289.18, it is likely to go to the next support level at $287.17. Now, if the price goes above the second support level, the third support stands at $285.91.
Automatic Data Processing Inc (NASDAQ: ADP) Key Stats
With a market capitalization of 118.64 billion, the company has a total of 407,826K Shares Outstanding. Currently, annual sales are 19,203 M while annual income is 3,752 M. The company’s previous quarter sales were 4,833 M while its latest quarter income was 956,300 K.
