Stock Update: Automatic Data Processing Inc (NASDAQ:ADP) – ADP France National Employment Report: Private Sector Employment in France Decreased by 4,600 Jobs in November 2015

[Marketwired] – Private sector employment in France decreased by 4,600 jobs from October to November according to the November ADP® France National Employment Report. Broadly distributed to the public each month, free … Read more on this. Automatic Data Processing, Inc. (ADP) , valued at $38.93B, started trading this morning at $84.76. Looking at today’s trading action, the company’s one day range from $83.66 to $84.97 with the price of the stock fluctuating between $64.29 to $90.67 over the last 52 weeks. Priced at 25.89x this year’s forecasted earnings, ADP shares are relatively expensive compared to the industry’s 23.97x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $2.12 per share annually in dividends, yielding 2.55%. Consensus earnings for the current quarter by the 20 sell-side analysts covering the stock is an estimate of $0.72 per share, which would be $0.02 better than the year-ago quarter and a $0.02 sequential decrease. Investors should also note that the full-year EPS estimate of $3.25 is a $0.36 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.82 Billion. If reported, that would be a 6.02% increase over the year-ago quarter. In terms of ratings, Stifel downgraded ADP from Buy to Hold (Dec 5, 2014). Previously, Topeka Capital Markets Initiated ADP at to Sell. When considering if perhaps the stock is under or overvalued, the average price target is $88.00, which is 3.82% above where the stock opened this morning. See more in (NASDAQ:ADP) Similar Articles: Company Update: Automatic Data Processing Inc (NASDAQ:ADP) – ADP France National Employment Report: Private Sector Employment in France Increased by 16,000 Jobs in October 2015 Company Update: Automatic Data Processing Inc (NASDAQ:ADP) – New Jersey Added 1,600 Private Sector Jobs in September, According to ADP Regional Employment Report(R) Stock Update: Automatic Data Processing Inc (NASDAQ:ADP) – Florida Added 13,700 Private Sector Jobs in July, According to ADP Regional Employment Report(R)