Automatic Data Processing (ADP) - Stock & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US0530151036

Payroll, Benefits, Talent, HR, Outsourcing

Automatic Data Processing, Inc. (ADP) is a global leader in providing cloud-based human capital management solutions, helping businesses of all sizes manage their workforce more efficiently.

The company operates through two main segments: Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers a range of strategic, cloud-based platforms and human resources (HR) outsourcing solutions, including payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services. These integrated human capital management (HCM) solutions enable businesses to streamline their HR processes, reduce costs, and improve productivity.

The PEO Services segment, on the other hand, provides HR outsourcing solutions to businesses through a co-employment model. This segment offers a comprehensive range of services, including employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing. By outsourcing HR functions to ADP, businesses can focus on their core operations while leaving the HR complexities to the experts.

Founded in 1949, ADP has a rich history of innovation and customer-centricity. Headquartered in Roseland, New Jersey, the company has grown to become one of the largest providers of cloud-based HCM solutions, serving thousands of businesses worldwide. With a strong commitment to innovation and customer satisfaction, ADP continues to shape the future of work, helping businesses build a better workforce and a better world.

For more information, please visit ADP's website at https://www.adp.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for Automatic Data Processing (ADP) - Stock & Dividends

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for Automatic Data Processing (ADP) - Stock & Dividends

ADP Stock Overview

Market Cap in USD 100,551m
Sector Industrials
Industry Staffing & Employment Services
GiC SubIndustry Human Resource & Employment Services
TER 0.00%
IPO / Inception 1983-04-06

ADP Stock Ratings

Growth 5y 52.6
Fundamental 89.0
Dividend 8.27
Rel. Performance vs Sector -0.42
Analysts 3.11/5
Fair Price Momentum 234.86 USD
Fair Price DCF 233.37 USD

ADP Dividends

Yield 12m 2.22%
Yield on Cost 5y 3.57%
Dividends CAGR 5y 9.44%
Payout Consistency 99.6%

ADP Growth Ratios

Growth 12m 13.74%
Growth Correlation 12m 29%
Growth Correlation 3m 4%
CAGR 5y 9.92%
CAGR/Mean DD 5y 1.09
Sharpe Ratio 12m 0.46
Alpha vs SP500 12m -11.88
Beta vs SP500 5y weekly 0.96
ValueRay RSI 34.62
Volatility GJR Garch 1y 19.57%
Price / SMA 50 0.18%
Price / SMA 200 2.67%
Current Volume 1193.2k
Average Volume 20d 1410.2k

External Links for ADP Stock

News
Wall Street JournalBenzingaYahoo Finance
Tweets
XStocktwits
Fund Manager Positions
DataromaStockcircle
What is the price of ADP stocks?
As of June 18, 2024, the stock is trading at USD 244.96 with a total of 1,193,216 shares traded.
Over the past week, the price has changed by -0.20%, over one month by -2.36%, over three months by +1.87% and over the past year by +13.20%.
What are the forecast for ADP stock price target?
According to ValueRays Forecast Model, ADP Automatic Data Processing will be worth about 261.2 in June 2025. The stock is currently trading at 244.96. This means that the stock has a potential upside of +6.62%.
Issuer Forecast Upside
Wallstreet Target Price 261.2 6.65
Analysts Target Price 259.9 6.11
ValueRay Target Price 261.2 6.62

The Story of Automatic Data Processing Inc (ADP): A Business and Market Overview

History and Evolution of ADP

Founded in 1949, Automatic Data Processing Inc, commonly known as ADP, began its journey as a small payroll processing firm. With the vision of leveraging technology to simplify payroll, the company has grown over the decades into one of the leading global providers of human capital management (HCM) solutions. The company's innovative approach to payroll services, using mainframe computers in the 1960s, marked a significant technological advancement in handling payroll for businesses of all sizes. Over time, ADP diversified its offerings to include a wide range of human resource, payroll, tax, and benefits administration solutions.

The Core Business of ADP

At its core, ADP is a provider of cloud-based HCM solutions that assist businesses in managing their most crucial asset - their employees. The company's services range from basic payroll processing to comprehensive HR solutions, including talent management, benefits administration, and business outsourcing services. This blend of services supports employers throughout the entire employee lifecycle, from recruitment to retirement. ADP’s technology platforms are designed to help employers navigate the complexities of HR management, while also improving efficiency and compliance.

Expanding Beyond the Core: Side Businesses

While ADP is primarily known for its payroll and HR services, the company has strategically expanded into related areas to broaden its market reach. One notable expansion is into the realm of business process outsourcing (BPO), where ADP takes on more comprehensive responsibilities for managing HR processes for companies. Additionally, the company offers Professional Employer Organization (PEO) services, acting as a co-employer to small and mid-sized businesses to help manage their HR needs more efficiently. These side businesses allow ADP to offer a more holistic service package to its clients, addressing a wider range of HR-related challenges.

Current Market Status

Today, ADP stands as a leader in the HR services market, with a significant presence in both the United States and internationally. The company has consistently demonstrated growth, adapting to the ever-evolving needs of the workplace and technological advancements. Its commitment to innovation is evident in its robust cloud-based platforms, which cater to the changing dynamics of work, including remote and hybrid models. As of my knowledge cutoff in 2023, ADP remains a trusted partner for businesses of all sizes, reflecting its resilience and ability to stay ahead in the competitive landscape of human capital management solutions.