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Added to YB: 2026-05-21

Pitch date: 2026-04-07

ADP [bullish]

Automatic Data Processing, Inc.

+7.91%

current return

Author Info

No bio for this author

Company Info

Automatic Data Processing, Inc. provides cloud-based human capital management (HCM) solutions worldwide.

Market Cap

$89.1B

Pitch Price

$204.51

Price Target

N/A

Dividend

3.05%

EV/EBITDA

13.92

P/E

20.81

EV/Sales

4.18

Sector

Professional Services

Category

value

Show full summary:
Matrix Asset Management New Position: Automatic Data Processing, Inc.

ADP (new position): Payroll/benefits admin leader down ~30% on AI disruption fears & slowing labor market. Trading 18x fwd P/E (low end of historic range), 3.2% yield (high end). 50+ yrs dividend growth, high client retention. Expect strong rebound when AI fears prove overblown.

Read full article (1 min)