Automatic Data Processing (ADP) Earns Daily News Impact Score of 0.20
News articles about Automatic Data Processing (NASDAQ:ADP) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Automatic Data Processing earned a news impact score of 0.20 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 47.2833223011639 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
- See Which Of The Latest 13F Filers Holds Automatic Data Processing (nasdaq.com)
- New ADP report shows Canada shed jobs in October; markets unfazed (finance.yahoo.com)
- Bill Ackman Bought 152 Million ADP Shares Too Few (dealbreaker.com)
- Automatic Data Processing : Canada shed 5,700 jobs in October, according to new ADP report (4-traders.com)
- Q3 13F Roundup: How Buffett, Einhorn, Paulson, And Others Adjusted Their Portfolio (finance.yahoo.com)
Automatic Data Processing (ADP) opened at $111.03 on Friday. Automatic Data Processing has a 52 week low of $93.09 and a 52 week high of $121.77. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.10 and a current ratio of 1.10. The firm has a market cap of $49,076.57, a price-to-earnings ratio of 29.59, a P/E/G ratio of 2.83 and a beta of 0.87.
Automatic Data Processing (NASDAQ:ADP) last posted its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.06. Automatic Data Processing had a net margin of 14.08% and a return on equity of 42.34%. The firm had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $3.06 billion. During the same period in the previous year, the firm posted $0.86 earnings per share. The business’s revenue was up 5.6% compared to the same quarter last year. analysts expect that Automatic Data Processing will post 3.91 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, January 1st. Shareholders of record on Friday, December 8th will be paid a $0.63 dividend. This is an increase from Automatic Data Processing’s previous quarterly dividend of $0.57. This represents a $2.52 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend is Thursday, December 7th. Automatic Data Processing’s payout ratio is 58.02%.
A number of brokerages have recently commented on ADP. Zacks Investment Research lowered shares of Automatic Data Processing from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. Royal Bank Of Canada reiterated a “hold” rating and set a $95.00 price target on shares of Automatic Data Processing in a report on Friday, September 15th. BMO Capital Markets reiterated a “market perform” rating and set a $105.00 price target on shares of Automatic Data Processing in a report on Wednesday, August 9th. BidaskClub upgraded shares of Automatic Data Processing from a “hold” rating to a “buy” rating in a report on Saturday, September 9th. Finally, Robert W. Baird reiterated a “neutral” rating and set a $95.00 price target on shares of Automatic Data Processing in a report on Sunday, July 30th. Thirteen equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $112.37.
In other Automatic Data Processing news, VP Maria Black sold 631 shares of Automatic Data Processing stock in a transaction on Saturday, September 2nd. The shares were sold at an average price of $106.64, for a total value of $67,289.84. Following the completion of the sale, the vice president now directly owns 10,550 shares of the company’s stock, valued at $1,125,052. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Brock Albinson sold 3,663 shares of Automatic Data Processing stock in a transaction on Friday, September 1st. The shares were sold at an average price of $106.54, for a total transaction of $390,256.02. Following the completion of the sale, the vice president now directly owns 6,287 shares of the company’s stock, valued at $669,816.98. The disclosure for this sale can be found here. Insiders own 0.25% of the company’s stock.
About Automatic Data Processing
Automatic Data Processing, Inc (ADP) is a provider of human capital management (HCM) solutions to employers, offering solutions to businesses of various sizes. The Company also provides business process outsourcing solutions. Its segments include Employer Services and Professional Employer Organization (PEO) Services.
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