|Last Update: 06/18/13 - 4:00 PM EDT|
|YTD Performance: 19.46%|
|Previous Close: $68.70|
|52 Week Range: $53.55 - $72.00|
|Oustanding Shares: 485,222,417|
|Market Cap: 32,999,976,580|
|Qtr (06/13)||Qtr (09/13)||FY (06/13)||FY (06/14)|
|Number of Analysts||16||13||19||19|
|Growth Rate (Year over Year)||7.90%||10.05%||6.11%||9.03%|
Shares of ADP now seen reaching $75, according to BMO Capital Markets. Estimates also increased, as the company is converting customers over to its new HCM platforms. Outperform rating.
The market action demands a higher hurdle rate to enacting new positions and a general lean toward reducing risk.
Shares of ADP now seen reaching $65, according to BMO Capital. Estimates also cut, as the company is seeing higher costs and continues to be hurt by lower interest rates. Outperform rating.
Don't allow the election to soften your focus today.
ADP is a great company to own, but only if you buy wisely. Wait for a pullback under this level.
ADP was upgraded from Neutral to Buy, Goldman Sachs said. $68 price target. Company has superior cyclical earnings power.
ADP was downgraded to Neutral from Buy, UBS said. $59 price target. Full valuation, limited near term catalysts.
ADP was initiated with an Outperform rating, BMO Capital said. $67 price target. Company is a market leader and deserves a premium valuation.
Shares of ADP downgraded to Underperform from Hold, Jefferies said. $55 price target. Employment markets remain challenged.