Barclays (LON:) analyst Ramsey El Assal maintained a Buy rating on Automatic Data Processing (NASDAQ:) on Friday, setting a price target of $180, which is approximately 1.41% above the present share price of $177.49.
El Assal expects Automatic Data Processing to post earnings per share (EPS) of $1.40 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Automatic Data Processing, with an average price target of $177.
The analysts price targets range from a high of $200 to a low of $159.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $3.47 billion and a net profit of $755.4 million. The company's market cap is $76.86 billion.
According to TipRanks.com, Barclays analyst Ramsey El Assal is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.1% and a 70.82% success rate.
Automatic Data Processing, Inc. engages in the provision of business outsourcing solutions specializes in cloud-based human capital management. It operates through the following business segments: Employer Services; and Professional Employer Organization Services; and Other. The Employer Services segment provides clients ranging from single-employee small businesses to large enterprises with tens of thousands of employees around the world, offering a range of human resources outsourcing and technology-based human capital management solutions, including strategic, cloud-based platforms. The Professional Employer Organization Services segment offers small and mid-sized businesses a human resources outsourcing solution through a co-employment mode. The Other segment comprises of non-recurring gains and losses; miscellaneous processing services; the elimination of intercompany transactions; and interest expense. The company was founded by Henry Taub in 1949 and is headquartered in Roseland, NJ.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
"processing" - Google News
December 22, 2020 at 04:11PM
https://ift.tt/3nBJxSe
Barclays Stick to Their Buy Rating for Automatic Data Processing - Investing.com
"processing" - Google News
https://ift.tt/2Wrq3na
https://ift.tt/3dmAmQf
Bagikan Berita Ini
Useful Information, your blog is sharing unique information...
ReplyDeleteThanks for sharing!!!
hr outsourcing
Thanks for sharing such a good and informative content to all of us, Thanks for this post. Keep Blogging!! Best PEO/EOR service provider in India
ReplyDeleteWonderful blog, Thanks for sharing your thought on Professional Employer Organisations. If you are searching for global peo services India then you should definitely have to look here. Husys Global PEO Services simplifies your business launch in India, by helping you to hire the right employment and set up your entity. For more detail visit - Employer of Record services in India
ReplyDeleteThanks for sharing the information about PEO services with us, it was very informative Employer of record services
ReplyDeleteNice Blog. Thanks for providing insightful information and happy learning.
ReplyDeleteHr Outsourcing Services
Payroll Services Provider in India
HR Auditng
Thanks for ,sharing information related to professional employer organization, It was really helpful PEO service providers
ReplyDeleteThanks for sharing the Wonderful blog on Professional Employer organisation https://husys.com/expand-your-business-globally-to-india-with-peo-services/?utm_source=socialmedia&utm_medium=linkedin&utm_id=social&utm_term=connect+for+peo
ReplyDelete