- Previous Close
284.62 - Open
285.70 - Bid 285.04 x 100
- Ask 285.19 x 100
- Day's Range
282.67 - 286.30 - 52 Week Range
205.53 - 286.30 - Volume
973,424 - Avg. Volume
1,558,670 - Market Cap (intraday)
116.296B - Beta (5Y Monthly) 0.80
- PE Ratio (TTM)
31.34 - EPS (TTM)
9.10 - Earnings Date Oct 30, 2024
- Forward Dividend & Yield 5.60 (1.96%)
- Ex-Dividend Date Sep 13, 2024
- 1y Target Est
275.91
Automatic Data Processing, Inc. engages in the provision of cloud-based human capital management (HCM) 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. This segment's offerings include RUN Powered by ADP, a software platform for small business payroll, HR management, and tax compliance administration; ADP Workforce Now, a HCM solution used across mid-sized and large businesses to manage employees; and ADP Vantage HCM, a solution for HR management, benefits administration, payroll services, time and attendance management, and talent management. The PEO Services segment provides HR and employment administration outsourcing solutions under ADP TotalSource name to businesses through a co-employment model. The segment also provides employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
www.adp.com64,000
Full Time Employees
June 30
Fiscal Year Ends
Sector
Industry
Recent News: ADP
View MorePerformance Overview: ADP
Trailing total returns as of 10/4/2024, which may include dividends or other distributions. Benchmark is
.YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: ADP
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: ADP
View MoreValuation Measures
Market Cap
116.30B
Enterprise Value
117.09B
Trailing P/E
31.34
Forward P/E
28.41
PEG Ratio (5yr expected)
2.69
Price/Sales (ttm)
6.12
Price/Book (mrq)
25.57
Enterprise Value/Revenue
6.10
Enterprise Value/EBITDA
20.20
Financial Highlights
Profitability and Income Statement
Profit Margin
19.54%
Return on Assets (ttm)
5.96%
Return on Equity (ttm)
93.14%
Revenue (ttm)
19.2B
Net Income Avi to Common (ttm)
3.75B
Diluted EPS (ttm)
9.10
Balance Sheet and Cash Flow
Total Cash (mrq)
2.91B
Total Debt/Equity (mrq)
83.53%
Levered Free Cash Flow (ttm)
3.7B
Research Analysis: ADP
View MoreCompany Insights: ADP
ADP does not have Company Insights
Research Reports: ADP
View MoreLarge Cap US Pick List - September 2024
This pick list highlights constituents of the Morningstar US Large Cap Index that we believe offer investors the best risk-adjusted return prospects. Stocks of large-cap companies where neither growth nor value characteristics predominate. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap.
Raising target price
Automatic Data Processing, based in Roseland, New Jersey, is a leading cloud-based business services company. The firm is focused on Human Capital Management and has two primary segments: Employer Services, which provides payroll services to companies; and Professional Employer Organization Services, which provides employment administration outsourcing services, including HR, benefits management, retirement, and compliance programs. The shares are a component of the S&P 500. The company has approximately 63,000 employees.
RatingPrice TargetMonday Tee Up: Here Comes Walmart The focus this week flips back to inflation
Monday Tee Up: Here Comes Walmart The focus this week flips back to inflation and the state of the consumer. Key inflation data will come out as will perhaps the most-telling earnings report related to the consumer -- Walmart. Wall Street is wondering if the Fed has been right on interest rates and can still achieve a soft landing and avoid recession. Last week, the Dow Jones Industrial Average ended down 0.6%, the S&P 500 lost 0.4%, and the Nasdaq fell 0.2%. Year to date, the Dow is higher by 5%, the S&P is up 12%, and the Nasdaq is higher by 12%. On the economic calendar, the big day is Wednesday, when inflation data comes out in the form of CPI. In June, CPI posted at 3.0%. Core CPI was 3.1%. We see July matching those rates. On Tuesday, wholesale inflation will grab the headlines when PPI is updated. On Thursday, Retail Sales, Industrial Production, and Capacity Utilization all will be released, and on Friday, Consumer Sentiment and Housing Starts come out. The earnings calendar is winding down but some big releases are due in this week. On Tuesday, Home Depot and On Holding report. On Wednesday, Cisco and UBS Group. And on Thursday, Walmart, Applied Materials, Alibaba, and Deere. Earnings are coming in 12.4% higher this quarter than a year ago (this after some 91% of S&P 500 companies have reported). Expectations were for 8%-12% earnings growth for 2Q. This follows 8% growth in 1Q and 10% in 4Q23. Last week, mortgage rates fell a big 26 basis points (bps) to 6.47% for the average 30-year fixed-rate mortgage. Gas prices fell four cents to $3.45 per gallon for the average price of regular gas. The Atlanta Fed GDPNow indicator is forecasting for 3Q and calls for expansion of 2.9%. The Cleveland Fed CPINow indicator forecasts 2.74% for August CPI. Looking ahead, the next Fed rate decision is on September 18, with odds at 100% for a rate cut. Of that, 51% expect a 25-bps cut and 49% expect a 50-bps cut. That data is according to the CME FedWatch Tool. There are then two more Fed rate meetings this year, on November 7, two days after the U.S. presidential election, and December 18.
ADP Earnings: Resilient Retention and Healthy Demand Round Out Solid Fiscal 2024 Result
ADP is a provider of payroll and human capital management solutions servicing the full scope of businesses from micro to global enterprises. ADP was established in 1949 and serves over 1 million clients primarily in the United States. ADP's employer services segment offers payroll, human capital management solutions, human resources outsourcing, insurance and retirement services. The smaller but faster-growing professional employer organization segment provides HR outsourcing solutions to small and midsize businesses through a co-employment model.
RatingPrice Target