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NasdaqGS:ADP Community- 2 Narratives written by author
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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.
View narrativeUS$259.70
FV
19.7% overvalued intrinsic discount5.39%
Revenue growth p.a.
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5 months ago author updated this narrative
WA
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.
View narrativeUS$299.01
FV
3.9% overvalued intrinsic discount5.38%
Revenue growth p.a.
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12users have followed this narrative
24 days ago author updated this narrative