Should You Investigate Automatic Data Processing, Inc. (NASDAQ:ADP) At US$225?
Automatic Data Processing, Inc. ( NASDAQ:ADP ) saw a decent share price growth in the teens level on the NASDAQGS over...
Has the U.S. Data Processing Services Industry valuation changed over the past few years?
|Sun, 29 May 2022||US$1.5t||US$225.3b||US$38.4b||27.4x|
|Tue, 26 Apr 2022||US$1.5t||US$214.7b||US$36.3b||29.8x|
|Thu, 24 Mar 2022||US$1.5t||US$213.8b||US$36.1b||32.5x|
|Sat, 19 Feb 2022||US$1.5t||US$211.5b||US$36.5b||30.7x|
|Mon, 17 Jan 2022||US$1.6t||US$205.6b||US$35.5b||35.1x|
|Wed, 15 Dec 2021||US$1.6t||US$205.6b||US$35.3b||36x|
|Fri, 12 Nov 2021||US$1.8t||US$207.0b||US$36.1b||36.5x|
|Sun, 10 Oct 2021||US$1.9t||US$194.8b||US$32.3b||35.2x|
|Tue, 07 Sep 2021||US$1.9t||US$191.3b||US$32.4b||33.6x|
|Thu, 05 Aug 2021||US$1.9t||US$190.8b||US$32.4b||34.7x|
|Sun, 09 May 2021||US$1.9t||US$177.6b||US$30.2b||33.3x|
|Wed, 10 Feb 2021||US$1.6t||US$164.1b||US$28.8b||30.7x|
|Tue, 03 Nov 2020||US$1.4t||US$158.1b||US$26.4b||32.6x|
|Fri, 07 Aug 2020||US$1.4t||US$152.5b||US$28.5b||33.4x|
|Thu, 30 Apr 2020||US$1.2t||US$152.4b||US$28.7b||27.5x|
|Sun, 02 Feb 2020||US$1.4t||US$146.9b||US$29.7b||32.5x|
|Wed, 06 Nov 2019||US$1.2t||US$138.9b||US$28.5b||31.1x|
|Sat, 10 Aug 2019||US$1.2t||US$133.0b||US$27.7b||33.7x|
How does U.S. Data Processing Services compare with similar industries?
|Data Processing Services||6.79%|
|Internet Services and Infrastructure||0.96%|
Which companies have driven the market over the last 7 days?
Automatic Data Processing
Visa shares have fallen approx. 10% in the past year and now trade at 33x CY21 EPS; its growth and resilience are under-appreciated. Q2 FY22 results confirmed its continuing structural growth and recovery from COVID-19, with EPS up 30% year-on-year. The exit from Russian will be mostly offset by growth; FY22 outlook was only reduced slightly and reiterated at a recent conference. Inflation is a net positive for Visa and it should be resilient in any downturn. The dispute with Amazon has been fully resolved. With shares at $203.84, we expect a total return of 103% (23.9% annualized) by September 2025, mostly driven by EPS growth.
Fidelity National Information Services
Global Blue Group Holding