ADP (ADP) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
We begin a new holiday-shortened trading week (we'll observe Independence Day this year on Friday, July 3rd, which will make for a nice three-day weekend) looking at jobs numbers from last week, last month and before. We call it “Jobs Week” in this column — each month we're treated to quality updates of the domestic labor market.
Updates of the domestic labor market, of late, appear to be improving from the doldrums of last year around this time.
Automatic Data Processing, Inc. becomes attractive after a 17% price decline, as the market overreacts to AI disruption risks. ADP's Q3 2026 revenue grew 7% YoY to $5.9B, with all business segments and PEO services showing robust demand and increased client reliance. ADP's deep client integration, comprehensive compliance solutions, and data moat make client migration to AI alternatives costly and complex.
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.