Automatic Data Processing, Inc. (ADP)
|Net Income (ttm)||3.03B|
|Ex-Dividend Date||Dec 8, 2022|
|Day's Range||263.46 - 267.16|
|52-Week Range||192.26 - 270.88|
|Price Target||255.48 (-3.4%)|
|Earnings Date||Jan 24, 2023|
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outso... [Read more]
In 2022, ADP's revenue was $16.50 billion, an increase of 9.95% compared to the previous year's $15.01 billion. Earnings were $2.95 billion, an increase of 13.48%.Financial Statements
According to 25 analysts, the average rating for ADP stock is "Hold." The 12-month stock price forecast is 255.48, which is a decrease of -3.37% from the latest price.
EXLS vs. ADP: Which Stock Is the Better Value Option?
This puts the 30-year marginally lower than the 5-year, to say nothing of the 2-year yield.
Core PCE Inflation Falls Below Expectation.
Basically, a still-strong economy is shrinking some of its inflation bloat, and the Fed Chair has taken note of this.
Strong business model, high recurring revenues, good margins and robust client retention boost Automatic Data Processing (ADP) stock.
While we appear to be staving off a pending slide in the overall economy, we do not expect much by way of shifts to the Fed Chair's perspective this afternoon.
Less-Than-Expected Private Payrolls in November.
It had looked for a while that the indices would push through mid-August highs, but seemed to get cold feet.
Here is how Automatic Data Processing (ADP) and CRA International (CRAI) have performed compared to their sector so far this year.
ADP (ADP) reported earnings 30 days ago. What's next for the stock?
Jobless Claims Increased Higher Than Expected
We see higher-than-expected numbers this morning on weekly jobless claims, durable goods and airline travel.
New Features – Including Earned Wage Access 1 – Help Workers Better Manage Their Financial Lives and Give Employers a Hiring and Retention Advantage ROSELAND, N.J. , Nov. 17, 2022 /PRNewswire/ -- ADP, ...
ROSELAND, N.J. , Nov. 9, 2022 /PRNewswire/ -- The board of directors of ADP (Nasdaq: ADP) authorized the purchase of $5 billion of its common stock, Carlos Rodriguez, chief executive officer, announced ...
Automatic Data Processing Inc. ADP, +1.93% said Wednesday it was increasing its quarterly dividend by 20.2%, to $1.25 a share from $1.04 a share.
The GARP strategy helps investors gain exposure to stocks that boast impressive prospects and are trading at a discount. GWW, NFG, ADP and JHX are some stocks that hold promise.
With a Fed meeting still in our rearview mirror, these data points will not be directly consequential.
These numbers today -- and the economic prints we've seen since the last Fed meeting, overall -- are not likely to warrant any softening from the Fed.
Private Payrolls Increased Higher Than Expected
More than 1600 companies reporting this week join a new Fed policy meeting, new jobs reports, and more this week.
ADP (ADP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Automatic Data Processing's (ADP) first-quarter fiscal 2023 earnings and revenues surge year over year.
ADP (ADP) delivered earnings and revenue surprises of 4.49% and 1.48%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Carlos Rodriguez to continue as Executive Chair of the Board upon transition ROSELAND, N.J. , Oct. 26, 2022 /PRNewswire/ -- ADP, a leading global technology company providing human capital management (H...
ROSELAND, N.J. , Oct. 26, 2022 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global technology company providing human capital management (HCM) solutions, today announced its first quarter fiscal 2023 fi...