Automatic Data Processing Inc. (ADP)
Automatic Data Processing: Gain From New Bookings Growth; Initiating With 'Buy'
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.
Can gold prices hold $3,100 as ADP shows solid U.S. labor market
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.
Markets Turn Positive Late, a Day Ahead of Tariffs
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
Markets Wait for Trump Tariffs and Key Job Data.
Q1 Ends Today, Jobs Week & Tariffs - Oh My!
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.
Consider These Human Capital Management Stocks Amid a Resurgence in Market Volatility
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.
Core PCE Increased More Than Expected
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 Highest-Quality Dividend Champions By Quality Scores
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.
Here's Why You Should Retain ADP Stock in Your Portfolio Now
Strategic acquisitions, a three-tier business strategy and a robust liquidity position are benefiting ADP.
Heavy March Headwinds Continue: Stocks Market Indexes Down
It's been a dire month for market indexes, no doubt. The Dow is -4.8% over that time period, the S&P 500 is -5.6% and the Nasdaq -8.7%.
Trump may announce tariff relief, ADP data points to labor market slowdown, Nvidia stock rises
Yahoo Finance anchors Seana Smith and Madison Mills report on US stock futures fluctuating as the S&P wiped out all of its post-election gains in yesterday's trade, the latest developments on Trump's tariffs, and ADP payroll data which saw the slowest pace of hiring since July. #youtube #stocks #trump #tariffs About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
Private Payrolls in February Well Below Expectations
Private Payrolls in February Well Below Expectations.
