More about Automatic Data Processing, Inc.
Regulatory Filings for Automatic Data Processing, Inc.
Fundamentals for Automatic Data Processing, Inc.
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Fundamentals for Automatic Data Processing, Inc.
Business Operations:
Sector: TechnologyIndustry: Software - Application
Automatic Data Processing, Inc. provides cloud-based human capital management (HCM) solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. This segment's offerings include RUN Powered by ADP, a software platform for small business payroll, HR, and compliance; ADP Workforce Now, a HCM solution used across mid-sized and large businesses to manage employees; and ADP Lyric HCM, a solution for HR management, payroll, workforce management, talent, and data analytics. The PEO Services segment provides HR and employment administration outsourcing solutions under ADP TotalSource name to businesses through a co-employment model. The segment also provides guidance, user-friendly technology, comprehensive employee benefits, and a risk management, safety, and workers' compensation program. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
Revenue projections:
The projected decline in ADP's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
| currentRatio | 1.032000 |
|---|---|
| forwardPE | 16.917997 |
| debtToEquity | 70.044000 |
| earningsGrowth | 0.115000 |
| revenueGrowth | 0.062000 |
| grossMargins | 0.483510 |
| operatingMargins | 0.262830 |
| trailingEps | 10.400000 |
| forwardEps | 11.963000 |
Automatic Data Processing, Inc.'s current ratio is 1.032, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting Automatic Data Processing, Inc. has no trouble covering its short-term financial obligations.
Automatic Data Processing, Inc.'s Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside.
With positive gross and operating margins, Automatic Data Processing, Inc. demonstrates strong profitability. This reflects the company's ability to manage costs and maintain healthy profits, showcasing effective operational efficiency and financial stability.
ADP's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
Price projections for Automatic Data Processing, Inc. have been revised lower over time, signaling a more cautious outlook from analysts. The gradual downward trend indicates that expectations for the company's growth may be softening.
Insider Transactions:
Recent trading of ADP stock saw 22 sales, with market price at 273.9963635531339 per share.There were no sell transactions during the given timeframe.The higher volume of buys compared to sells near current ADP price levels may suggest optimism among investors. This could point to a favorable market outlook, as more people are willing to invest at these prices, anticipating potential future growth or strong performance.
Recommendation changes over time:
Analysts are favoring ADP with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider ADP as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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