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Sunday, April 2, 2023

Automatic Data Processing Inc. (ADP) Is Not Likely To Be The Same Tomorrow

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Automatic Data Processing Inc. (ADP) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.49, or -0.22%, to $225.03. The Automatic Data Processing Inc. has recorded 205,195 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted ADP Signs Sponsorships with APGA, U.S. Paralympian Noelle Lambert.

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Stocks Info

ADP belongs to the Industrials sector of the NASDAQ while operating in the Staffing & Employment Services industry. At the end of the last regular session, the stock closed at $225.52 and fluctuated between $226.43 as its day high and $224.41 as its day low. The current market capitalization of Automatic Data Processing Inc. is $92.53B. A total of 2.48 million shares were traded on the day, compared to an average of 1.88M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, ADP has seen 12 BUY and 20 SELL insider trades, representing the acquisition of 179,507 and the disposition of 175,128 shares. Over the last 12 months, there were 100 BUYs and 129 SELLs from insiders. Insiders purchased 647,754 shares during that period but sold 554,630.

In the most recent transaction, Albinson Brock sold 1,500 shares of ADP for 220.00 per share on Mar 01. After the transaction, the Corp. VP now owns 5,317 company shares. In a previous transaction on Jan 11, Weinstein Donald sold 5,075 shares at 245.00 per share. ADP shares that Corporate VP owns now total 32,950.

Among the insiders who sold shares, Rodriguez Carlos A disposed of 37,594 shares on Jan 09 at a per-share price of $241.29. This resulted in the Executive Chair holding 44,481 shares of ADP after the transaction. In another insider transaction, Rodriguez Carlos A sold 52,254 shares at $234.15 per share on Jan 05. Company shares held by the Executive Chair now total 44,481.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Automatic Data Processing Inc. pays an annual dividend of $5.00, resulting in a dividend yield of 2.22%, and it has a price to earnings (P/E) ratio of 29.96. ADP’s most recent ex-dividend date was 3/9/2023 when it declared a $1.25 quarterly dividend that was paid in cash on 4/1/2023. Previously, the company paid the dividend on 1/1/2023 with an ex-dividend date of 12/8/2022. The ADP stock dividend was $1.25 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for ADP in the last 3 months, the mean price target is $247.65 with high estimates of $278.00 and low estimates of $213.00. In terms of 52-week highs and lows, ADP has a high of $274.92 and a low of $196.61.

As of this writing, ADP has an earnings estimate of $2.44 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $2.51 per share and a lower estimate of $2.23. The company reported an EPS of $1.86 in the last quarter, which was 3.90% higher than expectations of $1.79.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 21 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ADP is Sell with a score of 3.17. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 16 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 3 thought it should be Sold.

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