Royal Bank of Canada (RY) EPS Estimated At $1.52; Automatic Data Processing, Inc. (ADP) Covered By 4 Bullish Analysts Last Week

February 15, 2018 - By Migdalia James

Analysts expect Royal Bank of Canada (NYSE:RY) to report $1.52 EPS on February, 23.They anticipate $0.12 EPS change or 8.57% from last quarter’s $1.4 EPS. RY’s profit would be $2.18B giving it 13.24 P/E if the $1.52 EPS is correct. After having $1.54 EPS previously, Royal Bank of Canada’s analysts see -1.30% EPS growth. The stock increased 1.56% or $1.24 during the last trading session, reaching $80.48. About 826,193 shares traded or 0.74% up from the average. Royal Bank of Canada (NYSE:RY) has risen 16.29% since February 15, 2017 and is uptrending. It has underperformed by 0.41% the S&P500.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 4 have Buy rating, 2 Sell and 13 Hold. Therefore 21% are positive. Automatic Data had 57 analyst reports since August 3, 2015 according to SRatingsIntel. Bank of America maintained it with “Neutral” rating and $114 target in Friday, October 13 report. The rating was initiated by Wedbush on Friday, September 9 with “Neutral”. Stifel Nicolaus maintained the shares of ADP in report on Wednesday, January 31 with “Hold” rating. The firm has “Neutral” rating given on Tuesday, June 20 by Goldman Sachs. The firm has “Outperform” rating given on Monday, August 31 by William Blair. The rating was maintained by Argus Research on Thursday, August 3 with “Buy”. BMO Capital Markets maintained the stock with “Hold” rating in Monday, January 22 report. Bank of America upgraded the shares of ADP in report on Tuesday, December 5 to “Buy” rating. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Outperform” rating given on Friday, July 28 by BMO Capital Markets. The rating was maintained by Morgan Stanley with “Equal-Weight” on Tuesday, November 14. See Automatic Data Processing, Inc. (NASDAQ:ADP) latest ratings:

01/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $119.0 Maintain
31/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $128.0 Maintain
01/02/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $121 New Target: $128 Maintain
31/01/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $133.0 Maintain
31/01/2018 Broker: BMO Capital Markets Rating: Hold New Target: $121.0 Maintain
22/01/2018 Broker: BMO Capital Markets Rating: Hold New Target: $122.0 Maintain
18/01/2018 Broker: RBC Capital Markets Rating: Hold New Target: $108.0 Maintain
12/01/2018 Broker: Citigroup Rating: Hold New Target: $118.0 Maintain
13/12/2017 Broker: Wedbush Rating: Hold New Target: $78.0
11/12/2017 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade

Among 11 analysts covering Royal Bank Of Canada (NYSE:RY), 5 have Buy rating, 1 Sell and 5 Hold. Therefore 45% are positive. Royal Bank Of Canada had 19 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Royal Bank of Canada (NYSE:RY) has “Buy” rating given on Monday, November 21 by TD Securities. The firm has “Buy” rating given on Thursday, August 27 by Bank of America. As per Thursday, August 25, the company rating was maintained by Argus Research. As per Monday, February 27, the company rating was upgraded by Keefe Bruyette & Woods. Citigroup maintained the stock with “Buy” rating in Monday, August 15 report. On Thursday, December 1 the stock rating was downgraded by Rafferty to “Hold”. Bank of America upgraded the shares of RY in report on Tuesday, January 30 to “Buy” rating. The firm has “Hold” rating by TD Securities given on Monday, April 3. The stock of Royal Bank of Canada (NYSE:RY) earned “Hold” rating by Zacks on Saturday, August 22. The stock of Royal Bank of Canada (NYSE:RY) has “Buy” rating given on Friday, July 1 by Argus Research.

Royal Bank of Canada, together with its subsidiaries, operates as a diversified financial service firm worldwide. The company has market cap of $115.19 billion. The company's Personal & Commercial Banking segment offers personal and business banking services, as well as auto financing and retail investment products. It has a 13.38 P/E ratio. This segment also provides a suite of financial services and products to individual, business clients, and public institutions through its branch, automated teller machines, online, mobile, and telephone banking networks, as well as through sales professionals.

Investors sentiment decreased to 0.68 in Q3 2017. Its down 0.09, from 0.77 in 2017Q2. It fall, as 60 investors sold Automatic Data Processing, Inc. shares while 457 reduced holdings. 109 funds opened positions while 241 raised stakes. 342.26 million shares or 3.77% less from 355.68 million shares in 2017Q2 were reported. Ls Investment Advisors Limited Liability Corp reported 0.28% in Automatic Data Processing, Inc. (NASDAQ:ADP). Covington Capital has 0.45% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 61,973 shares. Seaward L P holds 0.83% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP) for 155,120 shares. North Star Asset Mgmt reported 5,481 shares. Kistler reported 0.09% in Automatic Data Processing, Inc. (NASDAQ:ADP). Savings Bank Of Hawaii accumulated 17,880 shares. The Ontario – Canada-based Kj Harrison & Ptnrs has invested 0.48% in Automatic Data Processing, Inc. (NASDAQ:ADP). Forbes J M & Communications Llp accumulated 0.31% or 11,355 shares. Moreover, Appleton Incorporated Ma has 0.16% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 8,862 shares. Old Mutual Customised Solutions (Proprietary) Limited accumulated 16,100 shares. 79,000 were accumulated by Factory Mutual. Hardman Johnston Global Advisors Limited Co holds 2.13% or 455,625 shares. Chilton Investment Ltd Co accumulated 0.01% or 3,234 shares. West Oak Capital Ltd Co reported 23,983 shares stake. Moreover, Baxter Bros has 1.49% invested in Automatic Data Processing, Inc. (NASDAQ:ADP).

Since September 1, 2017, it had 0 insider purchases, and 31 sales for $37.63 million activity. $864,837 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares were sold by Ayala John. Another trade for 1,652 shares valued at $206,500 was sold by Sackman Stuart. On Friday, September 1 the insider Perrotti Thomas J sold $318,688. 48,989 shares were sold by Siegmund Jan, worth $5.68M. Shares for $2.34M were sold by Flynn Edward B III on Sunday, December 31. The insider Black Maria sold $213,820. $2.91 million worth of stock was sold by O’Brien Dermot J on Monday, January 1.

The stock increased 0.80% or $0.89 during the last trading session, reaching $112.71. About 1.62M shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since February 15, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

Automatic Data Processing, Inc., together with its subsidiaries, provides business process outsourcing services worldwide. The company has market cap of $49.96 billion. The firm operates through two divisions, Employer Services and Professional Employer Organization Services. It has a 29.12 P/E ratio. The Employer Services segment offers various human resources (HR) business process outsourcing and technology-enabled human capital management solutions to clients.

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By1 Migdalia James

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