The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Automatic Data Processing drives growth through HCM transformation efforts and acquisitions. Its rising costs and industry competition pose challenges.
Automatic Data Processing (NASDAQ:ADP | ADP Price Prediction) is a stock worth owning for decades because payroll is non-discretionary, switching costs are punishing, and the company has compounded shareholder capital through every economic regime since the Nixon administration.
Between JOLTS yesterday and ADP this morning, the labor market looks back on track.
Private companies added a net 122,000 jobs in May, ADP said, compared with 105,000 additions in April and economists expectations of 110,000 new jobs.
The gold market could see renewed selling pressure as the U.S. labor market remains resilient, with the private sector creating slightly more jobs than expected in May.
Automatic Data Processing is a US-based global technology company providing cloud-based enterprise human resources management software and services. ADP improved its revenue from $11.7 billion in FY 2016 to $20.6 billion in FY 2025. That's a compound annual growth rate of 6.5%. ADP has a stellar financial position. Its long-term debt/equity ratio is 0.6, while the interest coverage ratio is right around 13.
Persistent inflation is likely to keep the Federal Reserve from cutting rates until well into 2027.
ADP (ADP) reported earnings 30 days ago. What's next for the stock?
Automatic Data Processing gains from cloud-based HCM growth, strategic acquisitions & shareholder returns, while rising competition and labor costs pose risks.
Automatic Data Processing, Inc. (ADP) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Automatic Data Processing NASDAQ: ADP President and CEO Maria Black said the human capital management provider is seeing a “generally stable” but still muted labor environment, while positioning the company for what she described as a “defining moment” for the HCM industry.