Automatic Data Processing Sees 3.60% Drop to $210.37 on November 1
On November 1, ADP (NASDAQ: ADP) closed at $210.37 (-3.60%) with a market cap of $8.66 trillion, a P/E ratio of 24.99, and a dividend yield of 2.38%.
by Sai V
Updated Nov 02, 2023
Automatic Data Processing Drops by 3.60%
Automatic Data Processing (ADP) is a prominent company listed on the NASDAQ stock exchange under the ticker symbol ADP. As of November 1, the current stock price stands at $210.37 , indicating a decrease of 3.60% from the previous day's closing price of $218.22 . The stock experienced a day range between $205.53 and $215.00 . The 52-week high for ADP shares was $274.92 , while the 52-week low was $201.46 , reflecting the stock's performance over the past year.
ADP's market capitalization, a measure of the company's total market value, is reported to be a substantial $8.66 trillion . The stock's price-to-earnings (P/E) ratio, a valuation ratio calculated by dividing the market price per share by the earnings per share, is 24.99. A lower P/E ratio generally suggests that the stock may be undervalued, although it should be analyzed in conjunction with other factors for a comprehensive assessment.
Moreover, ADP offers a dividend yield of 2.38%, indicating the portion of earnings returned to shareholders in the form of dividends. Dividend yield is an essential metric for income-oriented investors seeking stable returns from their investments.
Key Details
- Stock Price: $210.37
- Price Change Today: -7.85 (-3.60%)
- Previous Close: $218.22
- Day Range: $205.53 - $215.00
- 52-week High: $274.92
- 52-week Low: $201.46
- Market Capitalization: $8.66 trillion
- P/E Ratio: 24.99
- Dividend Yield: 2.38%
- Average Volume: 1.56 million shares
- CDP Score: B