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Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. These Morningstar Medalists have a significant portion of their assets tucked in wide-moat stocks. For US and Canadian Stocks, the Overview page includes key statistics on the stock’s fundamentals, with a link to see more. Provides a general description of the business conducted by this company. Automatic Data Processing closed at $221.97 in the latest trading session, marking a +0.31% move from the prior day. Sign Up NowGet this delivered to your inbox, and more info about our products and services.
Validea Daily Guru Fundamental Report for ADP – 2/17/2023 – Nasdaq
Validea Daily Guru Fundamental Report for ADP – 2/17/2023.
Posted: Fri, 17 Feb 2023 08:00:00 GMT [source]
Automatic Data Processing announced a quarterly dividend on Wednesday, January 11th. Investors of record on Friday, March 10th will be paid a dividend of $1.25 per share on Saturday, April 1st. This represents a $5.00 dividend on an annualized basis and a dividend yield of 2.34%. According to analysts’ consensus price target of $246.10, Automatic Data Processing has a forecasted upside of 15.4% from its current price of $213.25. The technique has proven to be very useful for finding positive surprises.
More value-oriented stocks tend to represent financial services, utilities, and energy stocks. Automatic Data Processing’s market cap is calculated by multiplying ADP’s current stock price of $213.25 by ADP’s total outstanding shares of 414,351,542. https://day-trading.info/ Automatic Data Processing saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 4,200,000 shares, a decrease of 12.1% from the February 13th total of 4,780,000 shares.
Is ADP a good investment?
Automatic Data Processing Inc's (ADP) Dividends: Bottom Line
Overall, the Automatic Data Processing Inc's current dividend yield is 2.3%, which ranks in the 34th percentile among all U.S.-listed dividend-paying stocks. Its compound average dividend growth rate is 12.4% over the last five years.
In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of (“Regulation A”).
Automatic Data Processing News
For more information on risks and conflicts of interest, see these disclosures. Automatic Data Processing Inc. said Wednesday it will increase its quarterly cash dividend by 12% to an annual rate of $4.16 per share. It’s the 47th consecutive year that ADP has raised its quarterly dividend. Automatic Data Processing has a short interest ratio (“days to cover”) of 2.2, which is generally considered an acceptable ratio of short interest to trading volume. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
ADP price target lowered to $278 from $280 at Barclays Barclays analyst Ramsey El-Assal lowered the firm’s price target on ADP to $278 from $280 and keeps an… AI provides ways to process the vast amounts of data by creating models and running them on inference engines in devices and at the network edge. Brainchip and Hailo recently announced neural network-based AI inference devices that could augment human abilities. By focusing on internal consumption powered by the metadata-driven curation of data products, every organization can start to see an uptick in how often and how effectively they use data to make critical business decisions. Bloomberg The Open Jonathan Ferro drives you through the market moving events from around the world on Bloomberg’s The Open.
For example, a price above its moving average is generally considered an upward trend or a buy. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow.
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All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns. ADP has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. But today, we are serving up the oanda fx data services blog main course with these 11 stocks well on their way to becoming dividend kings. We have ordered this list by how many consecutive years these companies have grown their… Automatic Data Processing reported an EPS of $1.96 in its last earnings report, beating expectations of $1.934. Following the earnings report the stock price went down -4.659%.
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Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. ADP has a forward dividend yield of 2.34%.SeeADP’s full dividends and stock split historyon the Dividend tab. The financial services and technology sectors each contributed three names to the high-conviction purchases list, and industrials contributed four to the new-money purchases list. The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation.
- The Barchart Technical Opinion rating is a 88% Sell with a Strengthening short term outlook on maintaining the current direction.
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- Brainchip and Hailo recently announced neural network-based AI inference devices that could augment human abilities.
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The Employer Services segment offers strategic, cloud-based platforms, and human resources outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services.
Is ADP a buy or sell?
Automatic Data Processing has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.
Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study.
Automatic Data Processing (ADP) Outpaces Stock Market Gains … – Nasdaq
Automatic Data Processing (ADP) Outpaces Stock Market Gains ….
Posted: Thu, 02 Mar 2023 08:00:00 GMT [source]
Based on an average daily trading volume, of 1,880,000 shares, the days-to-cover ratio is presently 2.2 days. ADP has invested heavily over the past decade to develop public cloud native solutions and consolidate its portfolio of disparate platforms. While we expect platform migrations to ultimately result in higher retention and profitability, the forced migrations will likely create a catalyst for enterprise clients to reassess providers, temporarily hindering both metrics. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses.
What is the future of ADP stock?
Stock Price Forecast
The 17 analysts offering 12-month price forecasts for Automatic Data Processing Inc have a median target of 249.00, with a high estimate of 278.00 and a low estimate of 213.00. The median estimate represents a +16.64% increase from the last price of 213.47.