Automatic Data Processing Inc (NASDAQ: ADP) on Tuesday, soared 1.08% from the previous trading day, before settling in for the closing price of $304.67. Within the past 52 weeks, ADP’s price has moved between $227.12 and $309.37.
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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%. The company achieved an average annual earnings per share of 8.45%. With a float of $406.93 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 26.16%, and the pretax margin is 25.69%.
Automatic Data Processing Inc (ADP) Breakdown of a Key Holders of the stock
Observing investor behavior towards Software – Application industry stocks is more important than anything else. 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 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) Recent Fiscal highlights
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 2.13 earnings per share (EPS) for the period topping the consensus outlook (set at 2.1) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.02 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
Automatic Data Processing Inc (ADP) is currently performing well based on its current performance indicators. A quick ratio of 1.01 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.43. Likewise, its price to free cash flow for the trailing twelve months is 28.34.
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 1.64 million, its volume of 1.88 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 78.36%. Additionally, its Average True Range was 4.33.
During the past 100 days, Automatic Data Processing Inc’s (ADP) raw stochastic average was set at 98.21%, which indicates a significant increase from 90.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.21% in the past 14 days, which was lower than the 15.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $290.64, while its 200-day Moving Average is $260.95. Nevertheless, the first resistance level for the watch stands at $309.27 in the near term. At $310.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $312.82. If the price goes on to break the first support level at $305.72, it is likely to go to the next support level at $303.46. Now, if the price goes above the second support level, the third support stands at $302.17.
Automatic Data Processing Inc (NASDAQ: ADP) Key Stats
Market capitalization of the company is 125.48 billion based on 407,457K outstanding shares. Right now, sales total 19,203 M and income totals 3,752 M. The company made 4,833 M in profit during its latest quarter, and 956,300 K in sales during its previous quarter.
