In its upcoming report, Automatic Data Processing (ADP) is predicted by Wall Street analysts to post quarterly earnings of $2.76 per share, reflecting an increase of 9.5% compared to the same period last year. Revenues are forecasted to be $5.22 billion, representing a year-over-year increase of 6%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Ahead ...

Dividend stocks offer investors a great way to generate passive income on top of potential share price appreciation. Analysts continually seek out dividend-paying companies that offer attractive yields and demonstrate resilience and growth potential. For investors prioritizing a steady income stream, dividend stocks can be a cornerstone of a balanced portfolio. However, it is important to note that the selection process of dividend stocks can be extremely tricky. Investors should prioritize dividend stocks ...

Dividend growth stocks are an excellent choice for long-term investors. Mostly, this is due to their potential to generate above-average total returns over a multi-year time frame. There are two reasons for this.First, stocks with consistently growing dividends typically have earnings that are consistently growing as well. Stocks with steady earnings growth typically appreciate in value in tandem with increases in earnings per share.Second, the steadily increasing payouts from dividend growth names provide ...

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Automatic Data Processing (ADP) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.Automatic Data Processing is one of 314 companies in ...

MTStock Studio Investment Thesis Automatic Data Processing (NASDAQ:ADP) reported results on the 31st January, beating on EPS and revenues. The share price year to date is up just under 5% against the S&P 500 which is up 9.6%. The company sports strong returns on capital driven by a profitable business model that grows organically. The performance has lagged the S&P500 over the last 5-years but ADP has outperformed competitors such as Workday (WDAY) and Paychex (PAYX). 5-year returns (yahoo finance) The comp ...

Automatic Data Processing (ADP) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this payroll and human resources company have returned +0.7%, compared to the Zacks S&P 500 composite's +0.8% change. During this period, the Zacks Outsourcing industry, which ADP falls in, has gained 1.6%. The key question now is: What could be the stock's future direction?Wh ...

The allure of growth stocks that exhibit the potential to surge 50% or more by year’s end captivates many. These companies are often industry veterans driven by rapid revenue growth, profits and innovation. A unique opportunity exists to capitalize on emerging market trends, including artificial intelligence, cloud computing and digital payments. While they can put investors onto a volatile path, the potential for significant outperformance may be worthwhile. With the right blend of foresight, due diligence ...

In the latest trading session, Automatic Data Processing (ADP) closed at $246.64, marking a +0.73% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.04%. Elsewhere, the Dow saw a downswing of 0.03%, while the tech-heavy Nasdaq appreciated by 0.03%.The the stock of payroll and human resources company has risen by 1.01% in the past month, leading the Business Services sector's gain of 0.38% and undershooting the S&P 500's gain of 2.57%.The investment community will be closely monito ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Automatic Data Processing (ADP) . This company, which is in the Zacks Outsourcing industry, shows potential for another earnings beat.This payroll and human resources company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for ...

U.S. stock markets witnessed an impressive first quarter of 2024 after an astonishing 2023. Wall Street’s bull run got an added boost this year, to the surprise of a large section of financial pandits, who indiscriminately warned of overvaluation.In 2023, Wall Street’s benchmark the S&P 500 Index jumped 23.9%. After that, in first-quarter 2024, the S&P 500 rallied 10.2%, marking its best first-quarter performance since 2019. In the last quarter, the broad-market index recorded 22 new all-time highs. The ind ...