On Monday, Automatic Data Processing stock got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.
The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. The market's biggest winners often have a 95 or higher grade in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.
Automatic Data Processing stock recently dipped below its 50-day moving average and is not currently near a proper entry. See if the stock goes on to form a new chart pattern and offer a new buying opportunity.
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Automatic Data Processing stock earns a 92 EPS Rating, which means its recent quarterly and annual earnings growth tops 92% of all stocks.
Its Accumulation/Distribution Rating of C- shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
In Q4, the company reported 25% earnings-per-share growth. That marks two straight reports with rising EPS growth. Revenue was flat, matching the prior report's 10%.
Automatic Data Processing stock earns the No. 3 rank among its peers in the Commercial Services-Outsourcing industry group. Aramark is the No. 1-ranked stock within the group.
