ADP Stock Soars 5.3% on Strong Earnings Outlook

Generated by AI AgentAinvest Movers Radar
Monday, Apr 28, 2025 9:12 am ET1min read
ADP--

On April 28, 2025, Automatic Data ProcessingADP-- (ADP) experienced a significant rise of 5.3% in pre-market trading, indicating a strong start to the day's trading session.

ADP's recent performance has been a topic of interest among investors and analysts. The company's stock has shown resilience despite market fluctuations, with analysts expecting earnings per share of 9.93 for the current fiscal year. This positive outlook is supported by the company's strong financial metrics, including a return on equity of 80.86% and a net margin of 19.76%.

Additionally, ADP's short percent of float has risen, indicating increased short-selling activity. This could be a sign of market sentiment or strategic moves by investors. The company's recent financial reports and market performance suggest that it is well-positioned to navigate current economic conditions.

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