Automatic Data Processing (NASDAQ:ADP) is set to give its latest quarterly earnings report on Wednesday, 2022-01-26. Here's what investors need to know before the announcement.
Analysts estimate that Automatic Data Processing will likely report an Earnings Per Share (EPS) of $1.63.
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When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
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Over the past 3 months, 7 analysts have published their opinion on Automatic Data Processing (NASDAQ:ADP) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.