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Will Automatic Data Processing Inc. (ADP) benefit from Wall Street bulls Calls?

Automatic Data Processing Inc. (NASDAQ: ADP) is -5.29% lower on its value in year-to-date trading and has touched a low of $192.26 and a high of $261.59 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ADP stock was last observed hovering at around $235.72 in the last trading session, with the day’s loss setting it -2.18%.

Currently trading at $233.54, the stock is -4.29% and -2.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.73 million and changing -0.92% at the moment leaves the stock 4.12% off its SMA200. ADP registered 17.47% gain for a year compared to 6-month gain of 9.89%.

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The stock witnessed a -10.11% loss in the last 1 month and extending the period to 3 months gives it a 12.91%, and is -0.65% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.03% over the week and 1.95% over the month.

Automatic Data Processing Inc. (ADP) has around 60000 employees, a market worth around $95.82B and $16.50B in sales. Current P/E ratio is 33.35 and Fwd P/E is 26.14. Profit margin for the company is 17.90%. Distance from 52-week low is 21.47% and -10.72% from its 52-week high. The company has generated returns on investments over the last 12 months (47.10%).

The EPS is expected to grow by 15.40% this year.

Automatic Data Processing Inc. (ADP) Top Institutional Holders

The shares outstanding are 415.80M, and float is at 415.07M with Short Float at 1.11%.

Automatic Data Processing Inc. (ADP) Insider Activity

A total of 48 insider transactions have happened at Automatic Data Processing Inc. (ADP) in the last six months, with sales accounting for 12 and purchases happening 36 times. The most recent transaction is an insider sale by Rodriguez Carlos A,the company’sPresident & CEO. SEC filings show that Rodriguez Carlos A sold 52,254 shares of the company’s common stock on Sep 14 at a price of $234.70 per share for a total of $12.26 million. Following the sale, the insider now owns 44426.0 shares.

Automatic Data Processing Inc. disclosed in a document filed with the SEC on Sep 13 that Rodriguez Carlos A (President & CEO) sold a total of 37,594 shares of the company’s common stock. The trade occurred on Sep 13 and was made at $237.95 per share for $8.95 million. Following the transaction, the insider now directly holds 44426.0 shares of the ADP stock.

Still, SEC filings show that on Sep 08, D’Ambrosio Christopher (Corp. VP) disposed off 174 shares at an average price of $236.69 for $41184.0. The insider now directly holds 3,157 shares of Automatic Data Processing Inc. (ADP).

Automatic Data Processing Inc. (ADP): Who are the competitors?

The company’s main competitors (and peers) include Oracle Corporation (ORCL) that is trading -20.96% down over the past 12 months and Accenture plc (ACN) that is -18.67% lower over the same period. SAP SE (SAP) is -40.07% down on the 1-year trading charts.

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