On July 28, Automatic Data Processing Inc rose 3.01% in regular trading, trading at $257.595/share, with turnover of $179 million.

On the news front, UBS recently raised its price target on the company from $260 to $270 while maintaining a Neutral rating. The company is scheduled to report fiscal Q4 earnings on July 29 before the market opens. Consensus estimates project quarterly revenue of approximately $5.437 billion, representing 7.80% year-over-year growth, with adjusted EPS expected at $2.60, up 16.37%. RBC Capital Markets has noted that ADP is likely to post a modest Q4 beat, supported by stable client retention, 1% growth in revenue per payroll run, and bookings growth in the upper half of its 4%-7% guidance range.

At the sector level, Human Resource & Employment Services stocks rallied broadly, with Robert Half up 11.11%, Paycom up 6.97%, and Paychex up 2.77%, providing further momentum through sector linkage.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)