Automatic Data Processing Inc
ADP:NASDAQ
| Last | Change / % Change | Dividend Yield | Volume |
| 54.35 | 0.55 1.02% | 2.94% | 1,351,280 |
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Latest News Headlines for Automatic Data Processing Inc
Automatic Data Processing (ADP) Showing Bullish Technicals But Could Fall Through $53.05 Support
Automatic Data Processing (NASDAQ:ADP) closed Wednesday's downbeat trading session at $53.80. In the past year, the stock has hit a 52-week low of $44.72 and 52-week high of $55.12. Automatic Data Processing (ADP) stock has been showing support around $53.05 and resistance in the $54.87 range. Technical indicators for the stock are Bullish and S&P; gives Automatic Data Processing (ADP) a positive 4 STARS (out of 5) buy rating. For a hedged play on Automatic Data Processing (ADP), look at the Feb '12 $55.00 covered call for a net debit in the $52.80 area. That is also the break-even stock price for this trade. This covered call has a duration of 51 days, provides 1.86% downside protection and an assigned return rate of 4.17% for an annualized return rate of 29.82% (for comparison purposes only). A lower-cost hedged play for Automatic Data Processing (ADP) would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the Automatic Data Processing (ADP) Jan '13 $35.00 call and selling the Feb '12 $55.00 call for a total debit of $18.75. The trade has a lifespan of 51 days and would provide 0.09% downside protection and an assigned return rate of 6.67% for an annualized return rate of 48% (for comparison purposes only). Automatic Data Processing (ADP) has a current annual dividend yield of 2.91%.
Next Resistance Level for Automatic Data Processing (ADP) is $54.25
Automatic Data Processing (NASDAQ:ADP) has opened bullishly above the pivot of $53.76 today and has reached the first level of resistance at $54.04. Should the shares continue to rise, the resistance pivots of $54.25 and $54.74 will be of interest.
Top 3 Companies in the Data Processing & Outsourced Services Industry With the Highest Dividend Yield (PAYX, CSC, ADP)
View more recent headlinesBelow are the three companies in the Data Processing & Outsourced Services industry with the highest dividend yields. Dividends can enhance returns for investors seeking income in addition to capital gains.
Company Background
Automatic Data Processing, Inc. (ADP) is engaged in providing business outsourcing solutions. ADP offers a range of human resource (HR), payroll, tax and benefits administration solutions from a single source. ADP is also a provider of integrated computing solutions to automotive, truck, motorcycle, marine, recreational vehicle and heavy machinery dealers worldwide. The Company's segment includes Employer Services, Professional Employer Organization (PEO) Services and Dealer Services. In August 2010, ADP completed the acquisition of two businesses, Cobalt and Workscape, Inc. During the fiscal year ended June 30, 2010 (fiscal 2010), the Company also acquired DO2 Technologies Inc., OneClick HR plc and Workscape, Inc. In March 2011, the Company acquired AdvancedMD. In October 2011, the Company acquired WALLACE - The Training Tax Credit Company.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 54.07 | Previous Close 53.80 |
Day High 54.50 | Day Low 53.93 |
52wk High/Date 55.12 / 5/31/2011 | 52wk Low/Date 44.72 / 8/10/2011 |
Beta 0.6 | Market Capitalization 26.6B |
Shares Outstanding 488.7M | Volatility Avg 22.20 |
Avg Vol(10 day) 2.0M | P/E Ratio 21.2x |
EPS(TTM) 2.57 | Yield 2.94% |
Dividend Announcement 11/8/2011 | Ex-Date 12/7/2011 |
Payable 0.395 - QRTR | Payable Date 1/1/2012 |
Date of Record 12/9/2011 | |
Last Trade as of 12/29/2011 4:00 PM ET | |
ADP Automatic Data Processing Inc vs. Peers
| Peers | |
|---|---|
ADP Automatic Data Processing Inc | 16.25% |
Paychex, Inc. | -3.30% |
Computer Sciences Corporation | -52.10% |
Total System Services, Inc. | 26.72% |
Intuit Inc. | 6.31% |
ADP Automatic Data Processing Inc | 2.91% |
Paychex, Inc. | 4.28% |
Computer Sciences Corporation | 3.37% |
Total System Services, Inc. | 2.05% |
Intuit Inc. | 1.14% |
ADP Automatic Data Processing Inc | 1.02% |
Paychex, Inc. | 0.97% |
Computer Sciences Corporation | -0.34% |
Total System Services, Inc. | 0.62% |
Intuit Inc. | 0.69% |