On Tuesday, Automatic Data Processing Inc (NASDAQ: ADP) was -0.12% drop from the session before settling in for the closing price of $297.89. A 52-week range for ADP has been $227.12 – $309.37.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 6.30%. When this article was written, the company’s average yearly earnings per share was at 8.45%. With a float of $406.93 million, this company’s outstanding shares have now reached $408.10 million.
The extent of productivity of a business whose workforce counts for 64000 workers is very important to gauge. In terms of profitability, gross margin is 46.87%, operating margin of 26.16%, and the pretax margin is 25.69%.
Automatic Data Processing Inc (ADP) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Automatic Data Processing Inc stocks. The insider ownership of Automatic Data Processing Inc is 0.13%, while institutional ownership is 81.65%. The most recent insider transaction that took place on Nov 06 ’24, was worth 11,692,500. In this transaction Corp VP of this company sold 38,975 shares at a rate of $300.00, taking the stock ownership to the 32,604 shares. Before that another transaction happened on Nov 06 ’24, when Company’s Officer proposed sale 38,975 for $300.00, making the entire transaction worth $11,692,500.
Automatic Data Processing Inc (ADP) Latest Financial update
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
You can see what Automatic Data Processing Inc (ADP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.21. Likewise, its price to free cash flow for the trailing twelve months is 27.38.
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)
The latest stats from [Automatic Data Processing Inc, ADP] show that its last 5-days average volume of 1.48 million was inferior to 1.63 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 23.46%. Additionally, its Average True Range was 4.20.
During the past 100 days, Automatic Data Processing Inc’s (ADP) raw stochastic average was set at 84.85%, which indicates a significant increase from 49.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.24% in the past 14 days, which was higher than the 15.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $288.04, while its 200-day Moving Average is $259.60. Now, the first resistance to watch is $299.40. This is followed by the second major resistance level at $301.26. The third major resistance level sits at $303.43. If the price goes on to break the first support level at $295.37, it is likely to go to the next support level at $293.20. The third support level lies at $291.34 if the price breaches the second support level.
Automatic Data Processing Inc (NASDAQ: ADP) Key Stats
There are 407,457K outstanding shares of the company, which has a market capitalization of 121.23 billion. As of now, sales total 19,203 M while income totals 3,752 M. Its latest quarter income was 4,833 M while its last quarter net income were 956,300 K.
