Stock price performance of Automatic Data Processing, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 6.36% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 7.81% . Looking at the past 52 week period, the stock price is up at 19.14% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Automatic Data Processing, Inc. has a positive value of 14.57 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 1.27% and the 50-Day Moving Average is 2.15%.The 200 Day SMA reached 11.79%
Automatic Data Processing, Inc. is having a Relative Strength Index of 34.85 which indicates the stock is not yet over sold or over bought based on the technical indicators. Automatic Data Processing, Inc. (NASDAQ:ADP) has tumbled 4.76% during the past week and has dropped 6.05% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 4.87%. Automatic Data Processing, Inc. (NASDAQ:ADP) has underperformed the index by 6.89% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Edward B Iii Flynn (Corporate Vice President) sold 41,521 shares at 96.00 per share price.On Jan 31, 2017, John Ayala (Corp. VP) sold 24,028 shares at 101.44 per share price.On Jan 27, 2017, Thomas J Perrotti (Corp. VP) sold 957 shares at 103.46 per share price.
Automatic Data Processing Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.87 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.81. The company had revenue of $2987.30 million for the quarter, compared to analysts expectations of $3016.36 million. The companys revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Stifel on Jan 30, 2017 to Hold, Raises Price Target to $ 105 from a previous price target of $95 .Automatic Data Processing was Initiated by Barclays on Dec 20, 2016 to Overweight, Price Target of the shares are set at $115.Automatic Data Processing was Upgraded by Goldman to Buy on Dec 16, 2016.
Automatic Data Processing, Inc. (NASDAQ:ADP) : On Friday heightened volatility was witnessed in Automatic Data Processing, Inc. (NASDAQ:ADP) which led to swings in the share price. The stock opened for trading at $97.21 and hit $97.4 on the upside , eventually ending the session at $96.87, with a gain of 0.57% or 0.55 points. The heightened volatility saw the trading volume jump to 2,936,592 shares. The 52-week high of the share price is $104.09 and the company has a market cap of $43,485 million. The 52-week low of the share price is at $78.98 .
Automatic Data Processing, Inc. is one of the largest providers of computerized transaction processing, data communication, and information services in the world. ADP Employer Services offers a comprehensive range of payroll, human resources, benefits administration, time and attendance, tax filing and reporting, professional employer organization, compliance management and retirement plan services to employers in the United States, Canada, Europe and Latin America.