Automatic Data Processing Inc
ADP:NASDAQ
| Last | Change / % Change | Dividend Yield | Volume |
| 51.63 | -0.52 -1.00% | 2.79% | 2,680,930 |
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Latest News Headlines for Automatic Data Processing Inc
ADP to Sponsor Third Annual "Ultimate Management Teams Awards" Luncheon in Tampa
ADP®, a leading provider of human resource, payroll, benefits administration, and automotive dealer services, today announced that it will serve as the presenting sponsor at the Tampa Bay Business Journal's third annual "2011 Ultimate Management Teams Awards" luncheon, which is scheduled to take place on December 1, 2011 at the TPepin Hospitality Centre.
Bearish Moving Average Cross by Automatic Data Processing (ADP)
Today, shares of Automatic Data Processing (NASDAQ:ADP) have fallen below their 10-day MA of $51.82 on a volume of 930K shares. This may provide swing traders with an opportunity for a short position, as such a crossover often suggests lower prices in the near term.Potential upside of 6.4% exists for Automatic Data Processing, based on a current level of $51.22 and analysts' average consensus price target of $54.50. The stock should discover initial support at its 200-day moving average (MA) of $50.92 and subsequent support at its 50-day MA of $49.73.
Automatic Data Processing (ADP) Breaks Through Resistance at $51.36
View more recent headlinesShares of Automatic Data Processing (NASDAQ:ADP) opened today above their pivot of $50.92 and have already reached the first level of resistance at $51.36. Should the shares continue to rise, the resistance pivots of $51.78 and $52.64 will be of interest.
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 51.78 | Previous Close 52.15 |
Day High 51.89 | Day Low 51.06 |
52wk High/Date 55.12 / 5/31/2011 | 52wk Low/Date 44.31 / 11/17/2010 |
Beta 0.7 | Market Capitalization 25.2B |
Shares Outstanding 488.3M | Volatility Avg 20.40 |
Avg Vol(10 day) 3.7M | P/E Ratio 20.1x |
EPS(TTM) 2.57 | Yield 2.79% |
Dividend Announcement 8/9/2011 | Ex-Date 9/7/2011 |
Payable 0.36 - QRTR | Payable Date 10/1/2011 |
Date of Record 9/9/2011 | |
Last Trade as of 11/4/2011 4:00 PM ET | |
ADP Automatic Data Processing Inc vs. Peers
| Peers | |
|---|---|
ADP Automatic Data Processing Inc | 11.56% |
Paychex, Inc. | -4.85% |
Computer Sciences Corporation | -34.68% |
Total System Services, Inc. | 30.56% |
Intuit Inc. | 8.97% |
ADP Automatic Data Processing Inc | 2.79% |
Paychex, Inc. | 4.35% |
Computer Sciences Corporation | 2.47% |
Total System Services, Inc. | 1.99% |
Intuit Inc. | 1.12% |
ADP Automatic Data Processing Inc | -1.00% |
Paychex, Inc. | -0.51% |
Computer Sciences Corporation | 0.00% |
Total System Services, Inc. | -0.84% |
Intuit Inc. | -0.43% |