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Automatic Data Processing Inc (NASDAQ:ADP) Showcases Strong Financial Performance and Positive Employment Trends
Financial Modeling Prep· 2026-02-11 00:00
Core Insights - ADP is a leading provider in the HR and payroll solutions sector, serving over 1.1 million clients globally and focusing on data-driven workplace solutions [1] - The latest ADP National Employment Report shows a positive trend in U.S. private employment, with an average of 6,500 jobs added weekly for the four weeks ending January 24, 2026 [2] - ADP's recent earnings report revealed earnings per share of $2.62 and revenue of approximately $5.36 billion, both exceeding market expectations [3] - Despite positive employment trends and strong financial results, ADP's stock price has seen fluctuations, currently priced at $223.92, down approximately 1.19% [4] - Analyst David Grossman from Stifel Nicolaus has set a price target of $270 for ADP, indicating a potential upside of about 16.7% from the current price [5] Financial Performance - ADP reported earnings per share of $2.62, surpassing the estimated $2.57, and achieved revenue of approximately $5.36 billion, exceeding the estimated $5.34 billion [3][6] - The stock has fluctuated, with a current price of $223.92, reflecting a decrease of about 1.19% [4][6] Employment Trends - The ADP National Employment Report indicates a positive trend in U.S. private employment, with an average of 6,500 jobs added per week [2][6]