Automatic Data Processing, Inc. (ADP) Presents at 53rd Annual Nasdaq Investor Conference Transcript
Automatic Data Processing is a US-based global technology company providing cloud-based enterprise human resources management software and services. ADP moved its revenue from $11.7 billion in FY 2016 to $20.6 billion in FY 2025. ADP has a terrific financial position. The long-term debt/equity ratio is 0.6, while the interest coverage ratio is nearly 13. Total cash exceeds long-term debt.
This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields 3.6%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 8%.
The current weakness in the labor market may be due to letting retirees' jobs expire, or pink slips accompanied by longer-term severance payments.
Headline ADP Payrolls Number Comes in Negative.
Small businesses lost -120K jobs last month, the biggest decline since the Covid pandemic in 2020.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
We haven't seen back-to-back positive ADP jobs numbers since April and May of this year, illustrating the difficulties within the domestic labor market in 2025.
Investors need to pay close attention to Automatic Data Processing stock based on the movements in the options market lately.
Retail Sales, PPI, Weekly ADP and retail earnings reports all hit the tape ahead of the opening bell.
November continues its equity market mudslide this morning, as trepidation grips the market ahead of two important releases later this week: NVIDIA's ( NVDA ) earnings report after the bell tomorrow and the Employment Situation report for September (still lagging, but better than nothing). Until one or both of these brings a sigh of relief to market participants, we'll likely see a “risk-off” trading environment.
Private employers eliminated an average of 2,500 jobs a week during the four weeks ended Nov. 1, ADP said in a Tuesday (Nov. 18) press release. On Oct.