Added to YB: 2024-11-26
Pitch date: 2024-11-24
ADP [bullish]
Automatic Data Processing, Inc.
-1.72%
current return
Author Info
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Company Info
Automatic Data Processing, Inc. provides cloud-based human capital management (HCM) solutions worldwide.
Market Cap
$103.1B
Pitch Price
$290.66
Price Target
N/A
Dividend
2.61%
EV/EBITDA
15.90
P/E
23.79
EV/Sales
4.75
Sector
Professional Services
Category
value
Show full summary:
Automatic Data Processing, Inc. - $ADP
ADP: Mission-critical payroll & HR services for 1/6 US workers, 140 countries. Float from client funds yields $1B interest, funding buybacks. Strong financials, reliable growth. Switching costs create sticky business. Underperformed S&P500 recently due to tech bubble, but outperformed in 2022 downturn. Fair price for wonderful company.
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