Automatic Data Processing Community

NasdaqGS:ADP Community

2 Narratives written by author
2 Comments on narratives written by author
114 Fair Values set on narratives written by author

Automatic Data Processing

WA

WallStreetWontons

Community Contributor

Despite growing competition and AI-integrated competitors, ADP still hold reign on HCM.

Catalysts Robust Financial Performance : In the third quarter of fiscal year 2024, ADP reported impressive results: Revenue : Reached $5.3 billion, a 7% increase year-over-year, surpassing estimates. Net Income : Grew 14% to $1.2 billion, exceeding estimated figures.

US$259.70

FV

12.9% overvalued

5.39%

Revenue growth p.a.

0

0

5

7 months ago

Automatic Data Processing

AN

AnalystConsensusTarget

Consensus Narrative from 15 Analysts

Partnership With Fiserv And AI Investments Will Expand Payroll And HR Services

Key Takeaways Strategic partnerships and acquisitions, like with Fiserv and WorkForce Software, aim to expand offerings and increase revenue across various markets. Investment in technology and high client satisfaction drive cost efficiencies, sales productivity, and business retention, supporting sustained revenue growth.

US$308.61

FV

5.0% undervalued

5.79%

Revenue growth p.a.

0

0

71

Updated