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November 23, 2009 5:57 AM ET

Automatic Data Processing, Inc.

(ADP:NASDAQ)

LAST $43.45 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of November 20, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Automatic Data Processing, Inc. (ADP)

OPEN
--
PREVIOUS CLOSE
$43.45
DAY HIGH
--
DAY LOW
--
52 WEEK HIGH
11/17/09 - $44.05
52 WEEK LOW
03/6/09 - $32.03
MARKET CAP
21.9B
AVERAGE VOLUME 3 mo
3.2M
DILUTED EPS TTM
$2.65
SHARES OUTSTANDING
504.6M
EX-DATE
12/9/09
P/E TTM
16.4x
DIVIDEND
$1.36
DIVIDEND YIELD
3.13%
K = Thousands  M = Millions  B = Billions

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ADP Details

Automatic Data Processing, Inc. provides technology-based outsourcing solutions to employers, and vehicle retailers and manufacturers. It operates in three segments: Employer Services, Professional Employer Organization Services, and Dealer Services. The Employer Services segment offers a range of human resource information, payroll processing, and tax and benefits administration solutions and services, including traditional and Web-based outsourcing solutions. Its solutions enable employers to staff, manage, pay, and retain their employees in the United States, Canada, Europe, South America, Australia, and Asia. The Professional Employer Organization Services segment provides employment administration outsourcing solutions, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and workers’ compensation coverage, and other supplemental benefits for employees primarily in the United States. The Dealer Services segment offers integrated dealer management systems (DMS) and other business management solutions to automotive, heavy truck, motorcycle, marine, recreational vehicle, and heavy machinery retailers in North America, Europe, South Africa, and the Asia Pacific region. This segment also provides a suite of additional integrated applications to address department and functional area of the dealership, including customer relationship management applications, front-end sales and marketing/advertising solutions, and an IP Telephony phone system integrated into the DMS to help dealerships drive sales processes and business development initiatives, as well as offers computer hardware, hardware maintenance services, software support, system design, and network consulting services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

45,000 Employees
Founded in 1949

ADP Top Compensated Officers

Chief Executive Officer, President and Direct...
Age: 62
Total Annual Compensation: $1.0M
Chief Financial Officer and Corporate Vice Pr...
Age: 52
Total Annual Compensation: $532.4K
President of Employer Services - Small Busine...
Age: 45
Total Annual Compensation: $435.5K
President of Employer Services - National Acc...
Age: 52
Total Annual Compensation: $425.0K
Corporate Vice President, Secretary and Gener...
Age: 64
Total Annual Compensation: $462.0K
Compensation as of Fiscal Year 2009.

Key developments for Automatic Data Processing, Inc. (ADP)

Automatic Data Processing Inc. Reports Earnings Results for the First Quarter Ended September 30, 2009; Provides Earnings Guidance for the Fiscal 2010

Automatic Data Processing Inc. reported earnings results for the first quarter ended September 30, 2009. For the quarter the company reported total revenues of $2,102.8 million, earnings from continuing operations before income taxes of $447.3 million, net earnings from continuing operations of $284.1 million or $0.56 diluted per share, net earnings of $284.1 million or $0.56 diluted per share compared with revenues of $2,181.5 million, earnings from continuing operations before income taxes of $441.3 million, net earnings from continuing operations of $278 million or $0.54 diluted per share, net earnings of $276.9 million or $0.54 diluted per share over the same period last year. Revenues continue to be negatively impacted by the severe economic conditions that began toward the end of the prior fiscal year's first quarter. The company provides earnings guidance for the fiscal 2010. The company expects total revenues to decline of 1% to 2%, diluted earnings per share in the range of $2.34 to $2.39, compared with $2.39 earnings per share from continuing operations in fiscal 2009 excluding favorable tax settlements in the fourth quarter.

Automatic Data Processing, Inc. expected to Report Q2 2010 Results on February 1, 2010. This event was calculated by Capital IQ (Created on November 4, 2009).

Automatic Data Processing, Inc. expected to Report Q2 2010 Results on February 1, 2010. This event was calculated by Capital IQ (Created on November 4, 2009).

Automatic Data Processing, Inc. Revised Earnings Guidance for the Fiscal Year 2010

Automatic Data Processing, Inc. revised earnings guidance for the fiscal year 2010. For the period, the company anticipates a $65 to $80 million decline to pre-tax earnings in fiscal 2010 which are about a $10 million higher decline then initial forecast. The company now anticipates a decline of 1% to 2% for total revenues and diluted EPS from continuing operations of $2.34 to $2.39 which represents flat to a 2% decline from the $2.39 in fiscal 2009 which did exclude favorable income tax settlements in the fourth quarter of last year. The company continues to expect strong operating cash flows of about $1.5 billion for fiscal 2010 and the company does anticipate another year of 20% plus ROE in fiscal 2010 which the company believes is quite strong relative to the economy.

BusinessWeek Rankings

IT 100
2007  #87

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ADP Competitors

Company Last Change
Thomson Reuters Corp C$33.04 CAD -0.02
The Western Union Co $18.83 USD -0.45
View Industry Companies
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Industry Analysis

Valuation ADP Industry Range
Price/Earnings 16.4x
Price/Sales 2.5x
Price/Book 3.9x
Price/Cash Flow 13.9x
TEV/Sales 2.3x

ADP

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ADP transactions

Type
Date
Target
Merger/Acquisition
October 30, 2009
HRinterax, Inc.
View More ADP Transactions...

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