ADP Stock Rises 2% and Challenges its 200-Day Moving Average

The Stock Crosses Its Short-Term Averages and Stumbles at the 200-Day MA at €113.36

ADP gains 2.09% at €112.50, marking one of the strongest increases in the SBF 120, following Air France-KLM which soared by 6.67%. The stock has moved above its 20-day moving average (€109.02) and its 50-day moving average (€108.44), with a gap of 3.19% and 3.74% respectively. The immediate resistance remains the 200-day moving average, at €113.36, which is 0.76% above the current price, a level that had already halted a previous breakout attempt a few days ago. The RSI at 52 remains neutral, without particular buying pressure, while the MACD has moved into positive territory (histogram at 0.44). The session is taking place in a favorable sector environment for air transport, with Brent around $78.7 a barrel after the American denial of Tehran's claimed closure of the Strait of Hormuz.

Ambitious 2026 Guidance and Stable CDG Traffic in April

During the announcement of the annual results for 2025 (on March 13, 2026), the group provided guidance for 2026 targeting a current EBITDA of more than €2,350 million, a net debt to EBITDA ratio of less than or equal to 3.7 times, and investments around €1,450 million of which about €1,000 million for ADP SA. The distribution policy remains set at 60% of the net income attributable to the group, with a minimum of €3.00 per share. Traffic growth is expected between 1.5% and 2.5%, with revenue per Extime Paris passenger exceeding €32. The latest ACI Europe data (published on June 4) shows stable passenger traffic at Paris-CDG in April, while the Skopje concession increased by 31.1% year-on-year. The operator also raised €600 million in a nine-year bond on June 10 with a coupon of 3.875%, to refinance part of its debt. Over one year, the stock has gained 10.56%, and the €113.36 area remains the next technical threshold to watch.