Institutional Holdings and Trade Data for Automatic Data Processing, Inc. (ADP)

In the past 52-week period, shares of Automatic Data Processing, Inc. (NASDAQ:ADP) have moved within the range of $94.11 to $121.77. On the stock’s most recent trading day, the company’s shares ended the regular session at $117.18, which is 3.77% lower than its 52-week high.

Automatic Data Processing, Inc. (ADP) has demonstrated a 20-day simple moving average (SMA) of -0.33%, and a 50-day SMA of 2.02%. This public company’s current market capitalization stands at $52.00 billion.

Analyzing Consensus Estimates, Sales Revenue and Net Income

Checking the amount of enthusiasm that Wall Street analysts hold for a particular stock is crucial when thinking about entering a position. According to the latest data, the consensus recommendation for Automatic Data Processing, Inc. (ADP) is Hold.

Public companies normally post earnings and revenue results that fall somewhat above or below the average Wall Street estimate. In the most recent quarterly financial report, for the quarter ending Sep. 2017, Automatic Data Processing, Inc. (ADP) delivered a 0.60% surprise with its net revenue. Sales reached $3.08 billion during the three-month period, compared to the average analyst estimate of $3.06 billion.

Meanwhile, during the same quarter Automatic Data Processing, Inc. (ADP) delivered a 7.22% earnings surprise. Net earnings for the quarter were posted at $0.91 per share, whereas Wall Street had forecast $0.85 per share.

Ownership at Automatic Data Processing, Inc. (ADP), According to Most Recent SEC Filings

A publicly-traded organization’s latest 13F filings tell us important details about its institutional ownership. Automatic Data Processing, Inc. (ADP) has 0 billion shares outstanding currently, 79.79% of which belong to institutional investors. Those institutional holdings amount to $41.63 billion.

Additionally, according to the most recent 13F filing from Automatic Data Processing, Inc. (ADP), there were 101 new positions totaling 8,806,270 shares of the company’s stock. There were 70 sold out positions, on the other hand, totaling 7,662,315 shares.

Short, Medium and Long Term Indicators

Assessing the average trade volume of a public company’s stock in the short, medium and long term is helpful to gain an understanding of trading activity and investor sentiment. Automatic Data Processing, Inc. (ADP) has had a 20-day average volume of 1,639,905 shares, with an average of 20% of short term indicators pointed at Sell.

The stock’s 50-day average volume has been 2,103,796 shares, with an average of 75% of medium term indicators pointing toward Buy. Finally, its 100-day average volume is 2,427,428 shares with 67% of long-term indicators pointing to Buy.