Automatic Data Processing Inc (NASDAQ:ADP) currently has a daily average trading volume of 1.81M but it saw 2301714 shares traded in last market. With a market cap of 122.99B USD, the company’s current market price of $302.98 came rising about 1.61 while comparing to the previous closing price of $298.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $329.93 and as low as $231.27. In the recent trading on the day, stock has struck highest price mark of $296.75 while lowest mark touched by it was $303.9.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the BofA Securities which upgraded the stock as “Neutral” in its note to investors issued on January 17, 2024, recommending a price target of between $217 and $243 for it. UBS issued its recommendations for the stock as it initiated the price target for the stock is $235.
Over the week, ADP’s stock price is moving -1.24% down while it is -6.98% when we observe its performance for the past one month. Year-to-date it is 21.58% up and over the past year, the stock is showing an upside performance of 3.50%.
Currently, Automatic Data Processing Inc’s total number of outstanding shares is 406.30M with 0.14% of that held by the insiders while 84.90% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 43.84% and return on equity (ROE) at 76.29%. It has a price to earnings ratio (P/E ratio) of 31.02 while having a 27.81 of forward P/E ratio. Stock’s beta reads 0.78. Stock has a price to book (P/B) ratio of 21.02 while price to sale or P/S ratio amounts to 6.09. Its return on asset (ROA) is 6.63% on average.
