News coverage about Automatic Data Processing (NASDAQ:ADP) has been trending somewhat positive on Wednesday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Automatic Data Processing earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the business services provider an impact score of 45.9734069571924 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

Automatic Data Processing (NASDAQ ADP) traded up $2.66 during trading hours on Wednesday, hitting $122.05. 2,082,619 shares of the stock were exchanged, compared to its average volume of 1,881,382. The firm has a market capitalization of $54,130.00, a price-to-earnings ratio of 30.98, a P/E/G ratio of 2.93 and a beta of 0.85. Automatic Data Processing has a 1 year low of $94.11 and a 1 year high of $122.18. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.10 and a quick ratio of 1.10.

Automatic Data Processing (NASDAQ:ADP) last released its quarterly earnings results on Thursday, November 2nd. The business services provider reported $0.91 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.85 by $0.06. The company had revenue of $3.08 billion for the quarter, compared to analyst estimates of $3.06 billion. Automatic Data Processing had a net margin of 14.08% and a return on equity of 42.34%. The firm’s revenue was up 5.6% on a year-over-year basis. During the same quarter last year, the business earned $0.86 earnings per share. equities research analysts forecast that Automatic Data Processing will post 3.91 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Sunday, April 1st. Investors of record on Friday, March 9th will be given a dividend of $0.63 per share. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $2.52 annualized dividend and a yield of 2.06%. Automatic Data Processing’s dividend payout ratio is presently 63.96%.

A number of research analysts have issued reports on the stock. BidaskClub lowered shares of Automatic Data Processing from a “hold” rating to a “sell” rating in a research note on Saturday. Citigroup reiterated a “neutral” rating and issued a $118.00 price objective (up previously from $110.00) on shares of Automatic Data Processing in a research note on Friday, January 12th. Zacks Investment Research lowered shares of Automatic Data Processing from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Goldman Sachs Group upgraded shares of Automatic Data Processing from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $116.02 to $135.00 in a research note on Monday, December 11th. Finally, Bank of America upgraded shares of Automatic Data Processing from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 5th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $115.21.

In related news, Director John P. Jones III sold 5,688 shares of the firm’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $116.03, for a total transaction of $659,978.64. Following the sale, the director now owns 53,956 shares in the company, valued at $6,260,514.68. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Michael A. Bonarti sold 3,900 shares of the firm’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $116.03, for a total transaction of $452,517.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 115,505 shares of company stock worth $13,612,788. 0.25% of the stock is owned by company insiders.

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Automatic Data Processing Company Profile

Automatic Data Processing, Inc (ADP) is a provider of human capital management (HCM) solutions to employers, offering solutions to businesses of various sizes. The Company also provides business process outsourcing solutions. Its segments include Employer Services and Professional Employer Organization (PEO) Services.

Insider Buying and Selling by Quarter for Automatic Data Processing (NASDAQ:ADP)

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