Added to YB: 2024-11-26
Pitch date: 2024-11-24
ADP [bullish]
Automatic Data Processing, Inc.
-27.32%
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
$107.6B
Pitch Price
$297.15
Price Target
N/A
Dividend
2.56%
EV/EBITDA
17.62
P/E
26.26
EV/Sales
5.25
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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