After Hours
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. The stock was recently discussed on Yahoo Finance as it revealed that ADP to Announce Third Quarter Fiscal 2024 Financial Results on May 1, 2024.
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Stocks Info
As a NASDAQ listed company, ADP falls under the Industrials sector while operating within the Staffing & Employment Services industry segment. The current market capitalization of Automatic Data Processing Inc. is $101.74B. A total of 2.29 million shares were traded on the day, compared to an average of 1.90M shares.
In the most recent transaction, KUTAM SREENIVASA sold 368 shares of ADP for 247.01 per share on Mar 04 ’24. After the transaction, the Corp VP now owns 20,319 company shares. In a previous transaction on Mar 01 ’24, Albinson Brock sold 1,170 shares at 249.43 per share. ADP shares that Corp. VP owns now total 4,025.
Among the insiders who sold shares, KUTAM SREENIVASA disposed of 694 shares on Mar 01 ’24 at a per-share price of $249.43. This resulted in the Corp VP holding 20,687 shares of ADP after the transaction. In another insider transaction, DeSilva Joseph sold 1,904 shares at $255.00 per share on Feb 22 ’24. Company shares held by the Corp VP now total 17,179.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Automatic Data Processing Inc. pays an annual dividend of $5.30, resulting in a dividend yield of 2.14%, and it has a price to earnings (P/E) ratio of 28.82. ADP’s most recent ex-dividend date was 3/7/2024 when it declared a $1.40 quarterly dividend that was paid in cash on 4/1/2024. Previously, the company paid the dividend on 1/1/2024 with an ex-dividend date of 12/7/2023. The ADP stock dividend was $1.40 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, ADP has a high of $256.84 and a low of $201.46.
As of this writing, ADP has an earnings estimate of $2.79 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $2.92 per share and a lower estimate of $2.68. The company reported an EPS of $2.08 in the last quarter, which was 3.00% higher than expectations of $2.02.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. ADP’s latest balance sheet shows that the firm has $1.44B in Cash & Short Term Investments as of fiscal 2022. There were $3.36B in debt and $55.16B in liabilities at the time. Its Book Value Per Share was $10.52, while its Total Shareholder’s Equity was $3.23B.
Analysts Opinion
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. Currently, 0 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 Buy with a score of 3.11.
