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Last €72.55 EUR
Change Today -1.99 / -2.67%
Volume 213.0
ADP On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 2:48 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

automatic data processing (ADP) Snapshot

Open
€73.15
Previous Close
€74.54
Day High
€73.43
Day Low
€71.93
52 Week High
03/17/15 - €82.66
52 Week Low
08/8/14 - €52.05
Market Cap
34.1B
Average Volume 10 Days
55.2
EPS TTM
--
Shares Outstanding
469.5M
EX-Date
06/10/15
P/E TM
--
Dividend
€1.91
Dividend Yield
2.29%
Current Stock Chart for AUTOMATIC DATA PROCESSING (ADP)

automatic data processing (ADP) Details

Automatic Data Processing, Inc., together with its subsidiaries, provides technology-based outsourcing solutions to employers worldwide. The company operates through Employer Services and Professional Employer Organization (PEO) Services segments. The Employer Services segment offers a range of business outsourcing and human capital management (HCM) solutions, including payroll services, benefits administration services, talent management solutions, human resources management solutions, time and attendance management solutions, insurance services, retirement services, and tax compliance and payment solutions. This segment’s integrated HCM solutions include RUN Powered by ADP, ADP Resource, ADP Workforce Now, ADP Vantage HCM, ADP GlobalView, and ADP Streamline, which assist employers of all sizes in all stages of the employment cycle from recruitment to retirement; and ADP Mobile Solutions, ADP SmartCompliance, and ADP Health Compliance. The PEO Services segment provides a human resources outsourcing solution through a co-employment model to small and mid-sized businesses. This segment offers ADP TotalSource that provides integrated human resources management services, as well as integrates key HR management and employee benefits functions, including HR administration, employee benefits, and employer liability management into a single-source solution. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

Founded in 1949

automatic data processing (ADP) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $900.0K
Chief Financial Officer and Corporate Vice Pr...
Total Annual Compensation: $550.0K
Chief Human Resources Officer and Corporate V...
Total Annual Compensation: $488.0K
Compensation as of Fiscal Year 2014.

automatic data processing (ADP) Key Developments

Automatic Data Processing, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2015; Provides Earnings Guidance for the Full-Year Fiscal 2016 and Provides Revenue Guidance for the First Quarter, Second Quarter, Third Quarter and Fourth Quarter of Fiscal 2016

Automatic Data Processing, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended June 30, 2015. For the quarter, the company's total revenues were $2,694.5 million compared to $2,566.6 million a year ago. Earnings from continuing operations before income taxes were $381.6 million compared to $357.0 million a year ago. Net earnings from continuing operations was $257.0 million or $0.55 per diluted share compared to $233.2 million or $0.48 per diluted share a year ago. Net earnings were $336.2 million or $0.72 per diluted share compared to $288.7 million or $0.60 per diluted share a year ago. Revenues from continuing operations grew 5% and were negatively impacted 3% points by unfavorable foreign currency translation. Pretax earnings grew 7% and were negatively impacted 2% points by unfavorable foreign currency translation. For the year, the company's total revenues were $10,938.5 million compared to $10,226.4 million a year ago. Earnings from continuing operations before income taxes were $2,070.7 million compared to $1,879.2 million a year ago. Net earnings from continuing operations was $1,376.5 million or $2.89 per diluted share compared to $1,242.6 million or $2.57 per diluted share a year ago. Net earnings were $1,452.5 million or $3.05 per diluted share compared to $1,515.9 million or $3.14 per diluted share a year ago. Revenues from continuing operations grew 7% and were negatively impacted 2% points by unfavorable foreign currency translation. Pretax earnings grew 10% and were negatively impacted 1% points by unfavorable foreign currency translation. The company anticipates full-year fiscal 2016 revenue growth of 7% to 9% compared to fiscal 2015 revenue of $10.9 billion. This forecast includes an anticipated negative impact of 1% to 2% points due to unfavorable foreign currency translation. ADP forecasts diluted earnings per share from continuing operations to grow 12% to 14% compared with $2.89 per share in fiscal 2015, including an expected negative impact of about 1% point due to unfavorable foreign currency translation. This earnings per share forecast does not assume incremental share repurchases beyond anticipated dilution related to employee benefit plans. The company's earnings growth forecast represents an anticipated pretax margin expansion of about 50 basis points from 18.9% in fiscal 2015. Additionally, the company anticipates an effective tax rate of 33.7% compared with 33.5% in fiscal 2015. Worldwide new business bookings are anticipated to grow 8% to 10% compared to over $1.6 billion sold in fiscal 2015. Revenue growth for fiscal 2016 is expected to be lower in the first and second quarters of the fiscal year due to continued negative impacts expected from foreign currency translation, as well as the expected timing of starts that will convert to new recurring revenue from new business bookings sold during the fourth quarter of fiscal 2015. The company anticipates capital expenditures of $225 million to $250 million in fiscal year 2016. The company anticipates revenue growth to be below the guidance range of 7% to 9% in the first and second quarters of fiscal 2016. The company anticipates revenue growth to be above the guidance of 7% to 9% in the third and fourth quarters of fiscal 2016.

Automatic Data Processing Inc. Debuts New Patient Relationship Management Suite

Automatic Data Processing Inc. debuts its New Patient Relationship Management (PRM) Suite. The solution helps private medical practices streamline the patient intake process and the amount of time it takes to administer patient forms. PRM enables patients to easily complete forms electronically, and once finished, forms automatically and securely populate in patient charts, ensuring the medical staff has the most up-to-date information available on the patient. The suite includes the AdvancedMD mobile patient and administrative check-in kiosk. The check-in kiosk, when combined with AdvancedMD insurance verification, credit card processing, as well as advanced online communications with patients, creates a full-featured front-office solution. Other advantages of the ADP AdvancedMD Patient Relationship Management suite include: Customizable patient and consent forms provide multiple workflow options for each practice. Private practice team members can assign intake forms and consent forms to the patient prior to their arrival at the office so they can be completed ahead of the appointment in the patient portal or in the waiting room via iPad. Forms electronically load into the patient chart with no document scanning required. Additionally, the check-in kiosk lets the practice's staff scan a patient driver's license, review demographic information, and make any necessary updates. Patient forms can be managed on an iPad with the iOS app or via traditional desktop browser. Both let the practice's staff enter patient information, select documents for a patient, and setup an iPad kiosk to be utilized by a patient. Staff are also able to view appointments by date, search for patients by name, view patient photo and demographic information, and add new and existing patient data to a record. Once a patient form is completed, it automatically loads into the patient chart without the need for the office staff to scan paper documents. Private practices can customize and bundle some or all of the products within the suite.

Automatic Data Processing, Inc. Enters Credit Agreements

Automatic Data Processing Inc. announced that on June 17, 2015 it has entered into a $2.75 billion 364-day credit agreement and a $2.25 billion five-year credit agreement with a group of lenders. The five-year facility contains an accordion feature under which the aggregate commitment can be increased to $2.75 billion, subject to the availability of additional commitments. The 364-day facility replaced the company's previous $2.25 billion 364-day facility and the five-year facility replaced the company's prior $2.00 billion amended and restated five-year facility, both of which were terminated on June 17. The existing $3.25 billion five-year credit agreement entered into on June 18, 2014, will continue in full force and effect. The lenders' commitments under the 364-day facility will expire on June 15, 2016, and any borrowings outstanding will mature and be payable on such date. The lenders' commitments under the five-year facility will expire and the borrowings thereunder will mature on June 17, 2020. JPMorgan Chase Bank NA acts as administrative agent for the facilities. Bank of America NA, BNP Paribas, Wells Fargo Bank NA and Citibank NA act as syndication agents for the facilities. The facilities are led by J.P. Morgan Securities LLC, Merrill Lynch Pierce Fenner & Smith Inc., BNP Paribas Securities Corp., Wells Fargo Securities LLC and Citigroup Global Markets Inc. as joint lead arrangers and joint book runners. Deutsche Bank Securities Inc., Barclays Bank PLC and Bank of Tokyo-Mitsubishi UFJ Ltd. are documentation agents.

 

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Industry Analysis

ADP

Industry Average

Valuation ADP Industry Range
Price/Earnings 23.8x
Price/Sales 2.9x
Price/Book 7.3x
Price/Cash Flow 22.6x
TEV/Sales 2.8x
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