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0.00785591109407937 0.00785591109407937 0.0068235294117649 -0.00494347576164002 -0.00348725809542046 -0.00433033148112664 0.00337229354282428 0.00283579229737501
Stock impact report

Automatic Data Processing, Inc. (ADP): A Bull Case Theory [Yahoo! Finance]

Automatic Data Processing, Inc. (ADP) 
Last automatic data processing, inc. earnings: 4/29 06:56 am Check Earnings Report
US:NASDAQ Investor Relations: investors.adp.com
Company Research Source: Yahoo! Finance
In this article, we will summarize the bulls' thesis on ADP. Automatic Data Processing, Inc.'s share was trading at $257.07 as of January 13th. ADP's trailing and forward P/E were 25.94 and 24.04 respectively according to Yahoo Finance. sabrisy/Shutterstock.com ADP is positioned as a high quality, mission critical services company built around payroll, human capital management, and compliance, with a business model defined by recurring revenue, scale, and deep customer entrenchment. The core of ADP's earnings power comes from Employer Services, where clients pay recurring fees for payroll processing, tax filing, and essential HR functions that must operate flawlessly every pay cycle. This “must work” nature is reflected in a 92.1 % revenue retention rate, showing that customers rarely leave once onboarded. A second, often misunderstood profit driver is interest income earned on client funds. Employers send payroll cash to ADP before it is distributed to employees and governments Show less Read more
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