Automatic Data Processing Inc. (ADP) Share are down -4.09% over the last three months: What’s Next?

Automatic Data Processing Inc. (ADP) is owned by a number of high-value investors. Its largest direct holder is Regina R. Lee Vice President with 106,393 shares. The second-largest direct holder is Carlos A. Rodriguez Director, President and Chief Executive Officer, with 96,328 shares of the company’s stock. In third place with 51,742 shares of ADP is John P. Jones Non-Executive Chairman of the Board.

Now turning to institutional ownership of Automatic Data Processing Inc. (ADP), The Vanguard Group, Inc. is the top holder with 37.57 million shares. The next largest fund holder of this company’s stock is BlackRock Fund Advisors with 21.17 million shares. In the third-place spot with 19.09 million shares is SSgA Funds Management, Inc..

This company’s stock price was $158.46 at the previous market close, with its latest volume reaching 1657137. Compare that to its average daily volume of 1.95M. Given the fact that this stock has 433.50M shares outstanding, its current market value is sitting at $68.69B. This publicly-traded stock’s 60-month Beta is 0.89. Its Price to Sales ratio is 4.85, its Price to Cash Flow ratio is 35.05, and its Price to Book ratio is 12.72.

ADP stock has achieved a 5-day range of $153.72 to $159.81, with a total performance of +1.17% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $153.72 to $168.03, generating a -5.71% change during the period. In the past three months, this stock’s price has changed by -3.11%, trading in the range of $153.72 to $174.50.

In the past 5 days, shares of ADP have made a new high 3 times. In the last month, it has made a new high 1 time, and in the past 3 months, it has made a new high 10 times.

Now let’s turn to this public company’s earnings. For the quarter ending 6/29/2019, the earnings per share (EPS) was reported at 1.14. This is a 0.01 difference compared to the consensus estimate of 1.13, amounting to an earnings surprise of 0.90%. In the previous quarter, which ended in 6/29/2019, the consensus estimate was 1.68, making for an earnings surprise of 5.40%. For the quarter ending 12/30/2018, EPS was reported at 1.34, generating a 13.60% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 06-2019, was $2.29 billion. This is compared to the prior year, where Net Income was $1.88 billion. Meanwhile, this company’s Operating Cash Flow was $2.69 billion for the year, compared to $2.52 billion in 2017. Capital Expenditures for the year were reportedly -$162.0 million, compared to -$206.1 million, and Free Cash flow was $2.53 billion compared to the prior year’s $2.31 billion.

Automatic Data Processing Inc. (ADP) stock currently has a Financial Strength score of 6/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.97, an Equity to Asset ratio of 0.13, a Debt to Equity ratio of 0.37 and a Debt to EBITDA of 0.57. The Interest Coverage of this stock is 23.28, its Piotroski F-Score is 9, its Altman Z-Score is 2.33 and its Beneish M-Score is -2.34.

This publicly-traded company’s Profitability and Growth score is 9/10, thanks to a combination of things: an Operating Margin of 21.34, a Net Margin of 16.17, a ROE of 46.18, and a ROC of 403.63.

Shifting focus now to Valuation and Return for ADP, this company’s Price to Tangible Book is 34.45, and its Price to Median PS Value is 1.43. Price to Peter Lynch Fair Value for ADP is now 2.77, and this organization’s Price to Graham Number is 6.81. Meanwhile, its Forward Rate of Return (Yactman) is 13.48.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for ADP is sitting at 1.05, while its Current Ratio is 1.05 and its PEG Ratio is 2.55. This stock’s PB Ratio is 12.82, its PS Ratio is 4.88, its Forward PE Ratio is 25.64, and its PE Ratio without NRI is 30.24. Similarly, its Shiller PE Ratio is 44.03, its Price to Owner Earnings is 63.31, its Price to Free Cash Flow is 32.63 and its Price to Operating Cash Flow is 25.77.