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Friday, June 9, 2023

Automatic Data Processing Inc. (NASDAQ: ADP) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Automatic Data Processing Inc. (ADP) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $221.12. The Automatic Data Processing Inc. has recorded 48,640 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that ADP Canada Happiness@Work Index Shows Gen Z Feeling Less Happy in April.

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Stocks Info

The company is listed on the NASDAQ and operates within the Staffing & Employment Services industry segment. At the end of the last regular session, the stock closed at $221.12 and fluctuated between $222.55 as its day high and $219.23 as its day low. The current market capitalization of Automatic Data Processing Inc. is $90.02B. A total of 1.7 million shares were traded on the day, compared to an average of 2.00M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, ADP has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 1,500 shares. Over the last 12 months, there were 98 BUYs and 129 SELLs from insiders. Insiders purchased 643,946 shares during that period but sold 553,343.

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.


The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Automatic Data Processing Inc. pays an annual dividend of $5.00, resulting in a dividend yield of 2.26%, and it has a price to earnings (P/E) ratio of 28.25. ADP’s most recent ex-dividend date was 6/8/2023 when it declared a $1.25 quarterly dividend that was paid in cash on 7/1/2023. Previously, the company paid the dividend on 4/1/2023 with an ex-dividend date of 3/9/2023. The ADP stock dividend was $1.25 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for ADP in the last 3 months, the mean price target is $231.38 with high estimates of $275.00 and low estimates of $180.00. 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 $1.83 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.89 per share and a lower estimate of $1.78. The company reported an EPS of $1.96 in the last quarter, which was 1.00% higher than expectations of $1.94.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ADP’s latest balance sheet shows that the firm has $1.44B in Cash & Short Term Investments as of fiscal 2022. There were $3.49B in debt and $55.16B in liabilities at the time. Its Book Value Per Share was $7.21, while its Total Shareholder’s Equity was $3.23B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 20 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 3.08. A total of 2 analysts rated the stock as Buy while 1 rated it as Overweight while 13 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 3 thought it should be Sold.

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