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ADP

Automatic Data Processing

NASDAQIndustrialsSoftware - ApplicationSnapshot 2026-05-08

$213.00-0.51%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, ADP has a composite score of 33.2 and a signal label of "favorable." This score is influenced by a medium confidence level of 73.2 and elevated risk, with notable strengths in management (76.5) and valuation (79.1). The analysis is provisional, reflecting potential changes in guidance and macroeconomic factors that could impact future performance.

Composite +33as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
neutral
Mid-cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    -0.00
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
154682913081383
F2 · Value
cheap
Cheapest 20% of industrials cohort
Why this rank
Price
$213.00
TTM EPS
$10.34
Earnings yield
4.9%
P/E (TTM)
20.6

Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2

F3 · Earnings quality
fragile
Bottom 20% cash conversion in industrials cohort
Why this rank
TTM NI ($M)
3,908
TTM CFO ($M)
3,776
CFO/NI
0.97
L2

Watch

has something changed worth re-reading?
F4 · Management stability
neutral
Mid-cohort activity· see deep-dive ↓
capital unfriendlyBottom 30% — net capital-unfriendly direction
Earnings setup · pre-print positioning
forward-looking
bullish14 analysts, 26% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $2.56 → $2.59 (+1.1% / 30d). 9 raised, 2 cut, 14 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 6 maintained. 26% of analysts rate Buy.

Price target activity

4 PT revisions / 30d. Avg target 12.0% above current price.

Material events

0 positive, 0 negative / 30d.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Revenue and earnings growthgrowthmixed65% progress
    4/29: Our updated fiscal 2026 guidance reflects stronger revenue and earnings growth.
    Why this status

    Stated in 3 of last 3 quarters. Revenue grew from $4.83B in 2025-Q1 to $5.36B in 2026-Q2, indicating a positive trajectory. Management's focus on revenue and earnings growth is delivering results.

  2. 2.Adjusted EBIT margin expansioncostmixed65% progress
    4/29: Adjusted EBIT margin expansion of 70 to 80 basis points.
    Why this status

    Stated in 3 of last 3 quarters. While specific EBIT margin numbers are not provided, management consistently targets margin expansion. The recurring focus suggests commitment, but limited substantive delivery is visible in the data.

  3. 3.Adjusted diluted EPS growthgrowthmixed65% progress
    4/29: Adjusted diluted EPS growth of 10% to 11%.
    Why this status

    Stated in 3 of last 3 quarters. EPS increased from $2.34 in 2025-Q1 to $2.62 in 2026-Q2, showing progress towards the EPS growth target. Management's guidance aligns with the upward trajectory.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
elevatedworst 12m loss −41%, typical day ±1.1%
Why this risk level

Recent vol — 30d annualized 34%; 252d 23%.

Drawdown — Max 1y −41%. Bad day move −2%.

Beta to sector ETF (XLI) 0.08 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 62/100, drawdown 18/100, beta 8/100, earnings vol .

Sector regime
headwind-7.8%sector vs S&P 500, 60d

via XLI

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite76.5 / 100
Capital allocation81
Earnings discipline98
Margin discipline56
Balance sheet71
Guidance credibility
Post-call reaction40
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Revenue and earnings growth

    GrowthNew since 2026-05-04

    Focus on achieving stronger revenue and earnings growth.

    On trackMixed

    Stated in 3 of last 3 quarters. Revenue grew from $4.83B in 2025-Q1 to $5.36B in 2026-Q2, indicating a positive trajectory. Management's focus on revenue and earnings growth is delivering results.

    65%
    CEO/CFO:Our updated fiscal 2026 guidance reflects stronger revenue and earnings growth.
    Press releaseSource dated 2026-04-29Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q2Press release

      Our updated fiscal 2026 guidance reflects stronger revenue and earnings growth.

    • 2026-Q1Press release

      Raising full year guidance for revenue and adjusted diluted EPS growth.

    • 2025-Q4Press release

      Maintaining fiscal 2026 consolidated outlook for revenue growth of 5% to 6%.

  • #2

    Adjusted EBIT margin expansion

    CostNew since 2026-05-04

    Aim for adjusted EBIT margin expansion of 70 to 80 basis points.

    On trackMixed

    Stated in 3 of last 3 quarters. While specific EBIT margin numbers are not provided, management consistently targets margin expansion. The recurring focus suggests commitment, but limited substantive delivery is visible in the data.

    65%
    CEO/CFO:Adjusted EBIT margin expansion of 70 to 80 basis points.
    Press releaseSource dated 2026-04-29Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q2Press release

      Adjusted EBIT margin expansion of 70 to 80 basis points.

    • 2026-Q1Press release

      Raising full year guidance for adjusted EBIT margin.

    • 2025-Q4Press release

      Adjusted EBIT margin expansion of 50 to 70 basis points.

  • #3

    Adjusted diluted EPS growth

    GrowthNew since 2026-05-04

    Target adjusted diluted EPS growth of 10% to 11%.

    On trackMixed

    Stated in 3 of last 3 quarters. EPS increased from $2.34 in 2025-Q1 to $2.62 in 2026-Q2, showing progress towards the EPS growth target. Management's guidance aligns with the upward trajectory.

    65%
    CEO/CFO:Adjusted diluted EPS growth of 10% to 11%.
    Press releaseSource dated 2026-04-29Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q2Press release

      Adjusted diluted EPS growth of 10% to 11%.

    • 2026-Q1Press release

      Raising full year guidance for adjusted diluted EPS growth.

    • 2025-Q4Press release

      Adjusted diluted EPS growth of 8% to 10%.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
74higher = cheaper

Looks cheaper than most peers in the same business.

Compared to its own history
97higher = cheaper

Cheaper than its own typical valuation.

P/E
20.0x
EV/EBITDA
13.4x
FCF yield
5.9%

P/E over the last 5 years

71 monthly points
inexpensiveas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
ADP
Automatic Data Processing
+33inexpensiveelevated
CAT
Caterpillar Inc.
+13expensivemoderate
GE
GE Aerospace
+11expensivemoderate
GEV
GE Vernova
+10fullmoderate
RTX
RTX Corporation
+20fairmoderate
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
1.1%
A bad day (95th %ile)
A rough but not unusual down day.
-2.4%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-40.8%
Earnings-day move
How much price usually moves on earnings day.
elevatedas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If industrials sector trend rises from +0.05 into 'improving' (>= +0.20)+5.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently RAISED as of 2026-04-29)-16 pts
  • If industrials sector trend falls from +0.05 into 'weakening' (<= -0.20)-5.0 pts
  • If growth state reverses from +0.25 (positive) to -0.25 (negative)-4.0 pts
  • If labor state reverses from -0.31 (negative) to +0.31 (positive)-3.7 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-05-072d agoItem 1.01

    Entry into a Material Definitive Agreement. On May 4, 2026, Automatic Data Processing, Inc. (the “Company”) executed an Underwriting Agreement (attached hereto as Exhibit 1.1 and incorporated herein by reference) with BNP Paribas Securities Corp., BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the underwriters listed in Schedule 1 thereto (collectively, the “Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters $1,000,000,000 a…

    capital allocationneutralscore 63
  2. 2026-04-2910d agoItem 2.02

    Results of Operations and Financial Condition. On April 29, 2026, the Registrant issued a press release announcing that the Registrant's financial results for the third quarter ended March 31, 2026 were available through an earnings release available on the Registrant's website. A copy of the Registrant's earnings release is attached hereto as Exhibit 99 and is hereby incorporated by reference.

    earnings preannouncementneutralscore 52
  3. 2026-01-283mo agoItem 2.02

    Results of Operations and Financial Condition. On January 28, 2026, the Registrant issued a press release announcing that the Registrant's financial results for the second quarter ended December 31, 2025 were available through an earnings release available on the Registrant's website. A copy of the Registrant's earnings release is attached hereto as Exhibit 99 and is hereby incorporated by reference.

    earnings preannouncementneutralscore 6
  4. 2025-10-296mo agoItem 2.02

    Results of Operations and Financial Condition. On October 29, 2025, the Registrant issued a press release announcing that the Registrant's financial results for the first quarter ended September 30, 2025 were available through an earnings release available on the Registrant's website. A copy of the Registrant's earnings release is attached hereto as Exhibit 99 and is hereby incorporated by reference.

    earnings preannouncementneutralscore 1
  5. 2025-07-309mo agoItem 2.02

    Results of Operations and Financial Condition. On July 30, 2025, the Registrant issued a press release announcing that the Registrant's financial results for the fourth quarter and fiscal year ended June 30, 2025 were available through an earnings release available on the Registrant's website. A copy of the Registrant's earnings release is attached hereto as Exhibit 99 and is hereby incorporated by reference.

    earnings preannouncementneutralscore 0
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-01-29 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.