Wall Street analysts will be watching closely when Automatic Data Processing, Inc. (NASDAQ:ADP) reports its quarterly earnings next, which is scheduled for Wed 30 Jan (In 17 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $1.32 per share. In the preceding quarter, the company reportedly generated EPS of $1.20 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 16.90%, a profit margin of 12.70% and a gross margin of 48.40%.
Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Automatic Data Processing, Inc. (NASDAQ:ADP). Most recently, on October 4th, 2018, MoffettNathanson Initiated a Buy rating. Before that, on August 10th, 2018, Credit Suisse Initiated to Outperform. RBC Capital Mkts Upgrade a Outperform rating on April 2nd, 2018, Stifel Reiterated an Hold rating on February 1st, 2018, and Citigroup Reiterated a Neutral rating on January 12th, 2018.
At its current price point, combined with the fact that this company has 440.43M shares outstanding, the current market capitalization sits at 57.98B. In the last trading day, 1,183,849 shares of Automatic Data Processing, Inc. were traded, which compares to its usual volume of about 2.54M shares per day of trading.
If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.41 in the past five trading days, resulting in a percentage change of +0.31% and a moving average of 131.47. In the past 20 days, its price changed by -$7.92 (which is -5.67%) and the stock’s moving average was 130.31. Looking back a full 50 days, shares of ADP changed by -$3.65 (which is -2.70%) and demonstrated a moving average of 138.28.
Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 90.40%, a 14-day Stochastic %K score of 89.75% and a 20-day Stochastic %K score of 51.90%. Using a similar metric, Automatic Data Processing, Inc. (ADP) shares showed a Stochastic %D of 89.83% over the past 9 days, a Stochastic %D score of 82.18% over the last 14 days, and a 20-day Stochastic %D of 48.53%. Meanwhile, this stock’s MACD Oscillator was 1.17 over the past 9 days, 2.55 over the past two weeks, and 1.54 in the last 20 days.
As recent trading data suggests, this company’s shares have been hovering close to the $131.65 level. Over the past 12 months, this stock has experienced a high price of $153.51 and a low of $107.61. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.
The Vanguard Group Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Automatic Data Processing, Inc. (NASDAQ:ADP) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 36,251,008 shares of the company’s stock following the addition of 422,813 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 8.28% stake in Automatic Data Processing, Inc. (ADP)’s shares.
Just in the most recent trading day, Automatic Data Processing, Inc. (NASDAQ:ADP) experienced a high price of $132 and low point of $130.67. At the end of the last trading session, this stock was at 131.65 per share, following a loss of -$0.66, or -0.61% during the full day.