Stock on the Run: Automatic Data Processing, Inc. (ADP)

The counter witnessed a trading volume of 1.5 million shares versus an average volume of 1.94 million shares during last trading session. Analysts have a mean recommendation of 1.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 36% are positive. The business had revenue of $3 billion for the quarter, compared to analysts' expectations of $3.02 billion.

According to Zacks brokerage recommendations, Automatic Data Processing, Inc. Argus Research maintained it with "Buy" rating and $96 target in Tuesday, November 3 report. As per Tuesday, December 8, the company rating was initiated by Piper Jaffray. Compass Point initiated it with "Sell" rating and $76 target in Friday, April 15 report. The company was upgraded on Monday, August 31 by William Blair. On Monday, August 22 the stock rating was maintained by KeyBanc Capital Markets with "Overweight". The firm owned 778,245 shares of the company's stock after buying an additional 277,386 shares during the period. Fortune also named the company in the "World's Most Admired Companies" list for 2017 and it has been ranked #1 on the Financial Data Services industry list for the fifth consecutive year.

The company's consensus rating on Reuter's scale remained unchanged from 2.71 to 2.71 during a month.

Since December 13, 2016, it had 0 insider purchases, and 21 sales for $24.06 million activity.

Shares of Automatic Data Processing (NYSE:ADP) opened at 104.67 on Thursday. For the next 5 years, Automatic Data Processing, Inc.is expecting Growth of 11.52% per annum, whereas in the past 5 years the growth was 3.71% per annum. Shares for $269,362 were sold by Black Maria on Tuesday, January 3. Shares for $255,438 were sold by Perrotti Thomas J. Another trade for 4,266 shares valued at $436,753 was sold by Siegmund Jan. $108,053 worth of Automatic Data Processing (NASDAQ:ADP) was sold by Albinson Brock on Monday, January 23. Its up 0.47, from 1.28 in 2016Q3. It dived, as 46 investors sold Automatic Data Processing shares while 423 reduced holdings.

Automatic Data Processing (NYSE:ADP) last announced its earnings results on Wednesday, February 1st. Over the last 90 days, insiders have sold 196,183 shares of company stock worth $19,532,712. The target implies a -4.46% decrease from where the shares are now trading. Guardian Capital Advsr L P, Ontario - Canada-based fund reported 2,500 shares. (NASDAQ:ADP) in a note sent to investors on 20-Dec-16. The stock was sold at an average price of $100.32, for a total transaction of $262,437.12. Mountain Pacific Inv Advisers Id reported 49,159 shares. Zions Bancorporation boosted its stake in Automatic Data Processing by 3.1% in the fourth quarter. LLC increased its stake in shares of Automatic Data Processing by 0.4% in the third quarter. Timessquare Capital Mngmt Limited Liability reported 253,300 shares.

On 17 March 2017, The Coca-Cola Company (NYSE:KO) shares moved to $42.03 after starting the day at $42.28. 2,284 are owned by Oak Ridge Investments Limited Liability Corporation. Stifel Nicolaus dropped their target price on Automatic Data Processing from $105.00 to $95.00 and set a "hold" rating for the company in a report on Monday, January 30th. 5,361 are owned by Argent Co. AQR Capital Management LLC's holdings in Automatic Data Processing were worth $21,912,000 at the end of the most recent reporting period. The Firm also provides business process outsourcing solutions. P/E (price to earnings) ratio is 28.06 and Forward P/E ratio of 25.88. The Company's divisions include Employer Services and Professional Employer Organization (PEO) Services.

About 135,440 shares traded. The 52-week low of the share price is $84.36. It has outperformed by 7.47% the S&P500.

Analysts await Diamondback Energy Inc (NASDAQ:FANG) to report earnings on May, 2. (NASDAQ:AMBC), 1 have Buy rating, 1 Sell and 0 Hold. Therefore 81% are positive. Finally, Goldman Sachs Group Inc upgraded shares of Automatic Data Processing from a "neutral" rating to a "buy" rating and set a $114.00 target price on the stock in a report on Friday, December 16th. Ambac Financial Group Inc. had 4 analyst reports since August 12, 2015 according to SRatingsIntel.

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