ADP's top line in the third quarter of fiscal 2025 is expected to have improved on the back of robust PEO business bookings.
Get a deeper insight into the potential performance of ADP (ADP) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
ADP stock is benefiting from a strong customer base and expanding international operations driven by acquisitions.
ADP's strong new business bookings, high retention rate, and sales modernization efforts drive growth, justifying a 'Buy' rating with a fair value of $355 per share. The company benefits from high-interest rates, earning significant interest income from $35.3 billion in client funds, boosting net income. ADP's US-centric business and potential corporate tax cuts could further enhance profitability, with expected 12.2% revenue growth in FY25.
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.
Will it be blanket tariffs or custom carve-out rates for certain goods from certain countries, or perhaps multi-tiered tariff rates? No one knows.
Markets Wait for Trump Tariffs and Key Job Data.
Wednesday is private-sector payrolls from ADP (ADP), Thursday has Weekly Jobless Claims and Friday is the Employment Situation report from the U.S. government.
The necessity for human capital management (HCM) solution providers is intriguing, especially those that offer payroll services as they should be relatively unaffected by tariffs.
Pre-market futures are down this morning following the release of Personal Consumption Expenditures (PCE), but to be fair, futures are already down before this report was released. The Dow is currently down -90 points, the S&P 500 is -16 and the Nasdaq is -80 points at this hour.
The article presents the highest-quality Dividend Champions, which are companies listed on U.S. exchanges that have consistently higher annual dividend payouts for at least 25 years. I use a quality scoring system with six quality indicators, each worth five points, for a maximum score of 30. The highest-quality Dividend Champions score four or five points for each quality indicator. Only 15 of 137 Dividend Champions made the list of highest-quality Dividend Champions.
Strategic acquisitions, a three-tier business strategy and a robust liquidity position are benefiting ADP.