Stay informed on ADP stock with the most important news summaries, insider trading, valuation highlights and analyst recommendations

ADP stock news: A summarized overview for you, just the bottom line of the most recent news items!

Last Updated: May 17, 2024
  • ADP to Highlight Future Plans at Investor Events
    • šŸ” ADP's gearing up to give us a sneak peek into their crystal ball. They're rolling out the red carpet for investors with a series of events showcasing their roadmap ahead. Expect spicy insights and future plans that could shake up your trading strategy.
    • šŸŽ¤ The big guns, including ADP's CEO, are set to take the stage. They'll be unveiling their growth blueprint and financial ambitions, making it the perfect setting to grasp what's cooking in ADP's kitchen.
    • šŸ“ˆ Keep your eyes peeled for the juicy bits on revenue climbs, profit margins, and earnings forecasts. These key figures will be your bread and butter, helping you to read between the lines and make informed decisions in the trading arena.

Real-time price chart of ADP stock

Stay up-to-date with the latest performance of Automatic Data Processing, (ADP) through our real-time stock chart, providing live insights into its market movements

ADP stock valuation - less noise, just the highlights

  • The P/E and Fwd P/E ratios of ADP ('Automatic Data Processing') provide a clear picture of its valuation, indicating an investor-friendly scenario. With a P/E ratio of 27.92 and a more appealing forward P/E of 25.03, ADP showcases its potential for growth and stability. Such metrics highlight ADP's capability to offer value in the future, making it an attractive option for investors seeking a blend of growth and value in the stock market.
  • ADP's track record of consistent earnings growth is a significant highlight, beneficial for both investors and traders. The company boasts an EPS growth of 11.12% this year, and it's projected to continue with a 9.23% increase in the next year. Over the past five years, ADP has maintained a steady EPS growth of 14.07%, with expectations to sustain at 10.46% over the next five years. These figures underscore ADP's solid performance and promising future prospects, enhancing its valuation appeal.
  • Another compelling aspect of ADP's valuation is its sales growth over the past five years, marked at 6.25%. In the context of 'ADP valuation', such consistent sales growth not only demonstrates the company's capacity to expand its market reach but also solidifies its position in the competitive landscape. This steady increase in sales, coupled with a reasonable price change of 1.39% over the given period, suggests that ADP is a resilient investment, capable of delivering sustainable returns amidst various market conditions.

Stay informed with the latest ADP stock analyst recommendations:

  • Recent upgrades to ADP stock from BofA Securities (January 17, 2024) and Wolfe Research (January 4, 2024), signaling increased confidence among analysts, with BofA revising its rating from Underperform to Neutral and increasing the price target from $217 to $243, highlights a potentially stronger market position and expected performance improvement for Automatic Data Processing.
  • The consistent initiation of coverage by notable firms like UBS, RBC Capital Markets, and UBS again with Neutral and Sector Perform ratings, and specified price targets such as $235 and $267 respectively, reflect a well-regarded view on ADP's stability and growth prospects among investment research communities, providing a solid foundation for ADP analyst recommendations.
  • The evolution of ADP's analyst ratings over time, from downgrades in 2021 by major firms such as JP Morgan, Credit Suisse, and Citigroup to more favorable upgrades and initiations in 2023 and 2024, underscores a changing perception of Automatic Data Processing's market value and prospects, offering traders and investors a dynamic understanding of the company's financial health and strategic positioning.

Stay updated on ADP stock insider trading with these key points:

  • Heavy trades executed by individuals in crucial roles, particularly those with direct insight into the company's financial and operational health (e.g., Corporate Vice Presidents and the Executive Chair), hint at noteworthy confidence levels regarding ADP's market position. For example, Executive Chair Carlos Rodriguez's substantial transactions could serve as a buy or sell signal to investors, depending on their interpretation of executives' confidence in the stock's future movement.
  • Recent sales by key insiders, such as Corp Vice Presidents and the CEO, indicate active trading among Automatic Data Processing's high-level executives, with significant transactions like those by Corp VP Kutam Sreenivasa and President & CEO Maria Black. This pattern can suggest to investors and traders that insiders might be reacting to the company's current valuation or future prospects.
  • The exercise of options by insiders, followed by immediate sales, such as those conducted by Joseph DeSilva and Michael A. Bonarti, provides investors with clues on how insiders view their stock's valuation. When insiders exercise options at lower prices and sell at significantly higher market prices, it can indicate they believe the stock is currently well-valued or overvalued, guiding potential investor decisions on holding or trading ADP stock.

ADP technical analysis

Unlock insights to make smarter investment decisions with this real-time technical analysis tool. Dive in to see the latest buy and sell signals tailored for today's dynamic market. Get the market's inside scoop in a flash! Peek at our fun and user-friendly ratings to see what it is whispering about your ADP stock, within various timeframes.

Join the Discussion: What's your outlook on ADP stock's performance?

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Please note that this content regarding ADP stock is for informational purposes only, includes opinions and not recommendations, and is not intended as investment or trading advice; invest in and/or trade ADP at your own risk only.

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