Automatic Data Processing (ADP) stock has consistently caught the attention of investors due to its significant
yield mark and consistent
earnings growth. Over the last decade, a $1000 initial investment would have seen considerable growth.
ADP's strong financial health is reflected in its upbeat stock performance, driven by substantial
revenue growth and eased demands. The firm also recently received a price target hike from Jefferies. Significantly, 83% of ADP's shares are owned by institutional investors, indicating substantial institutional backing. Analysts forecast encouraging results for the year after the
second-quarter results confirmed strong revenue trend. The company continuously exceeds earnings expectations and maintains consistent EPS, with Q2 FY25 seeing an EPS of $2. Its dividends have shown growth, with the latest at $1.54. Investors have received significant returns, with an 80% and 88% return over five and ten years, respectively. AI threat to ADP is also underway, while aspects of potential overvaluation and future growth opportunities are under discussion. More recently, leadership transitions have taken place at ADP while viewing it as a potential good investment.
Automatic Data Processing ADP News Analytics from Thu, 18 Apr 2024 07:00:00 GMT to Fri, 21 Feb 2025 20:15:21 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor 2
