Buy Automatic Data Processing stocks

AUTOMATIC DATA PROCESSING (ADP) Stocks

ABOUT AUTOMATIC DATA PROCESSING

📊 Automatic Data Processing, Inc. (ADP), a global business outsourcing services provider, was founded in 1949 and has its headquarters in Roseland, New Jersey, in the United States.

📊 The company was originally founded as a payroll processor, but today it offers an extensive portfolio of outsourcing services, such as benefits management, pre-employment background checks, retirement plan services and worker compensation. The company also produces software packages for talent management, time and attendance and procure-to-pay (P2P) functions.

📊 ADP offers a wide range of payroll options to employers, such as entering their payroll data online with an Internet-based solution or mobile device, and even outsourcing their entire payroll process to the company. ADP operates in more than 140 countries. It provides employers worldwide with the expertise to support their global workforce strategies.

📊 The company is one of the biggest outsourcing providers in the world, and one of the first to adopt a cloud computing operating model.

📊 The company operates through two business segments, namely Employer Services and Professional Employer Organization (PEO) services. The company markets its products through its direct salesforce. Employer Services make use of indirect sales channels such as marketing relationships with banks and certified public accountants. Today, the company employs approximately 57 000 people worldwide.

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OVERVIEW OF AUTOMATIC DATA PROCESSING

  • Automatic Data Processing services a global clientele of approximately 600 000, of which 40 000 uses the company’s human capital management (HCM) software. Companies such as Blue Cross Blue Shield of Massachusetts, Columbia Sportswear and The E.W. Scripps Company are just some of its clients.
  • Some of the company’s spin-offs include ADP Brokerage Service Group which became Broadridge Financial Solutions in 2007, and ADP Dealer Services which was spun off into CDK Global in 1014. ADP purchased The Marcus Buckingham Company in 2017 to strengthen its talent development portfolio. This addition offers the company’s clients people analytics which enable them to improve team collaboration based on individual character and personality assessments.
  • ADP’s Employer Services segment provides a range of human resources (HR) business process outsourcing and technology-enabled HCM solutions. These include payroll services benefits administration, talent management, HR management, time and attendance management, insurance services, retirement services, and tax and compliance services.
  • Clients include both small businesses and multinational enterprises.
  • The company’s Professional Employer Organization Services segment includes ADP’S PEO business, ADP TotalSource, which offers small and mid-sized businesses a HR outsourcing solution through a co-employment model. ADP TotalSource fuses HR management and employee functions, such as HR administration, employee benefits and employer liability management, into a single-source solution: HR administration.

VALUES OF AUTOMATIC DATA PROCESSING

  • Automatic Data Processing services a global clientele of approximately 600 000, of which 40 000 uses the company’s human capital management (HCM) software. Companies such as Blue Cross Blue Shield of Massachusetts, Columbia Sportswear and The E.W. Scripps Company are just some of its clients.
  • Some of the company’s spin-offs include ADP Brokerage Service Group which became Broadridge Financial Solutions in 2007, and ADP Dealer Services which was spun off into CDK Global in 1014. ADP purchased The Marcus Buckingham Company in 2017 to strengthen its talent development portfolio. This addition offers the company’s clients people analytics which enable them to improve team collaboration based on individual character and personality assessments.
  • ADP’s Employer Services segment provides a range of human resources (HR) business process outsourcing and technology-enabled HCM solutions. These include payroll services benefits administration, talent management, HR management, time and attendance management, insurance services, retirement services, and tax and compliance services.
  • Clients include both small businesses and multinational enterprises.
  • The company’s Professional Employer Organization Services segment includes ADP’S PEO business, ADP TotalSource, which offers small and mid-sized businesses a HR outsourcing solution through a co-employment model. ADP TotalSource fuses HR management and employee functions, such as HR administration, employee benefits and employer liability management, into a single-source solution: HR administration.

MARKET PERFORMANCE OF AUTOMATIC DATA PROCESSING

  • Automatic Data Processing, Inc. trades on the New York Stock Exchange (NYSE) under the stock symbol “ADP”.
  • The company’s solid market performance boosts investor confidence. In 2018, it recorded revenue of US$13.33 billion, with net income of US$1.62 billion, total equity of US$3.46 billion, and total assets valued at US$37.09 billion.
  • Shareholders can therefore buy or sell company shares in the expectation of sound returns and dividends.

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LATEST NEWS AUTOMATIC DATA PROCESSING

Buy AUTOMATIC DATA PROCESSING stocks / shares – 📈 A Step by Step Guide how to Buy / Purchase AUTOMATIC DATA PROCESSING Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy AUTOMATIC DATA PROCESSING Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN AUTOMATIC DATA PROCESSING STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE AUTOMATIC DATA PROCESSING STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of AUTOMATIC DATA PROCESSING stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy AUTOMATIC DATA PROCESSING stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

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