Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Automatic Data Processing / Equity Bottom-Up

<ul><li>The latest earnings for Automatic Data Processing (ADP) saw a robust performance of the company's third quarter fiscal performance for the year 2024.</li><li>Two key figures stood out in the discussion, a 7% revenue growth and a 14% adjusted diluted EPS growth, indicating a solid financial performance despite a competitive business environment.</li><li>Positively, the company achieved strong Employer Services (ES) new business bookings growth, achieving record bookings for the Q3 period, which keeps the company on track for its full-year outlook.</li></ul>

The latest earnings for Automatic Data Processing (ADP) saw a robust performance of the company's third quarter fiscal performance for the year 2024.Two key figures stood out in the discussion, a 7% revenue growth and a 14% adjusted diluted EPS growth, indicating a solid financial performance despite a competitive business environment.Positively, the company achieved strong Employer Services (ES) new business bookings growth, achieving record bookings for the Q3 period, which keeps the company on track for its full-year outlook.

Automatic Data Processing (ADP):  Investments in Gen AI for Improving Service and Sales Efficiency! - Major Drivers

<ul><li>In their Q2 2024 earnings, Automatic Data Processing (ADP) reported a strong quarter with revenue growth of 6% and adjusted EPS growth of 9%.</li><li>The company saw particularly robust growth in its small business portfolio and also experienced positive performance in the mid-market and international business segments.</li><li>ADP's Employer Services paid for control growth remained at 2% for the quarter, with clients adding employees at a moderate pace.</li></ul>

In their Q2 2024 earnings, Automatic Data Processing (ADP) reported a strong quarter with revenue growth of 6% and adjusted EPS growth of 9%.The company saw particularly robust growth in its small business portfolio and also experienced positive performance in the mid-market and international business segments.ADP's Employer Services paid for control growth remained at 2% for the quarter, with clients adding employees at a moderate pace.

Automatic Data Processing (ADP): What Is The Potential of Its Gen AI Investment? - Major Drivers

<ul><li>ADP delivered an all-around beat in the previous quarter.</li><li>The HCM demand environment remained healthy, and the company's worldwide sales and marketing team delivered exceptional results, exceeding expectations with double-digit overall growth in Employer Services and new business Bookings.</li><li>With a focus on innovation, client service, and expanding its reach, ADP aims to capitalize on the growth opportunities in the HCM industry.</li></ul>

ADP delivered an all-around beat in the previous quarter.The HCM demand environment remained healthy, and the company's worldwide sales and marketing team delivered exceptional results, exceeding expectations with double-digit overall growth in Employer Services and new business Bookings.With a focus on innovation, client service, and expanding its reach, ADP aims to capitalize on the growth opportunities in the HCM industry.

ADP Inc: These Are The 3 Main Catalysts Responsible For Its Growth! - Financial Forecasts

<ul><li>It was a successful quarter for ADP as the demand environment was healthy overall.</li><li>ADP sold and started over 60,000 new RUN clients, and its Employer Services retention rate came in better than expected.</li><li>The company is also investing in its Voice of Employee solution, helping thousands of clients attain better insights from their employee population.</li></ul>

It was a successful quarter for ADP as the demand environment was healthy overall.ADP sold and started over 60,000 new RUN clients, and its Employer Services retention rate came in better than expected.The company is also investing in its Voice of Employee solution, helping thousands of clients attain better insights from their employee population.

Automatic Data Processing: Gaining Strong Momentum In Employer Services and Compliance Solutions – DCF & Comparables Valuation

Equity Analyst, LightStream Research

Shifara Samsudeen, ACMA, CGMA

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

<ul>
<li>This is the <strong>Fourth</strong> and <strong>Final</strong> of the HRTech Sector series and we will be discussing Ceridian, ADP, Recruit and Visional performance over the last quarter.</li>
<li>The remarkable growth spurt experienced post-Covid seems to be slowing down and margins and revenues have mostly returned to pre-COVID levels.</li>
<li>With digitisation of workplace, the market is expected to see further advancement in categories such as employee experience, talent intelligence, contract workforce management, etc.</li>
</ul>


This is the Fourth and Final of the HRTech Sector series and we will be discussing Ceridian, ADP, Recruit and Visional performance over the last quarter.
The remarkable growth spurt experienced post-Covid seems to be slowing down and margins and revenues have mostly returned to pre-COVID levels.
With digitisation of workplace, the market is expected to see further advancement in categories such as employee experience, talent intelligence, contract workforce management, etc.


HRTech Sector Series: Market Continues to Evolve While Post Covid Growth Begins to Slow Down

United States

Automatic Data Processing, Inc. is a global provider of business outsourcing solutions.  The Company's services include a wide range of human resource, payroll, tax and benefits administration solutions.  Automatic Data also provides solutions to auto, truck, motorcycle, marine and recreational vehicle dealers.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Automatic Data Processing (ADP US)

Automatic Data Processing (ADP): Investments in Gen AI for Improving Service and Sales Efficiency! - Major Drivers

The latest earnings for Automatic Data Processing (ADP) saw a robust performance of the company's third quarter fiscal performance for the year...

Baptista Research

Automatic Data Processing (ADP): What Is The Potential of Its Gen AI Investment? - Major Drivers

In their Q2 2024 earnings, Automatic Data Processing (ADP) reported a strong quarter with revenue growth of 6% and adjusted EPS growth of 9%. The...

Baptista Research

ADP Inc: These Are The 3 Main Catalysts Responsible For Its Growth! - Financial Forecasts

ADP delivered an all-around beat in the previous quarter. The HCM demand environment remained healthy, and the company's worldwide sales and...

Baptista Research

Automatic Data Processing: Gaining Strong Momentum In Employer Services and Compliance Solutions – DCF & Comparables Valuation

It was a successful quarter for ADP as the demand environment was healthy overall. ADP sold and started over 60,000 new RUN clients, and its...

Baptista Research

HRTech Sector Series: Market Continues to Evolve While Post Covid Growth Begins to Slow Down

This is the Final of the HRTech sector series. With digitisation of workplaces, market is expected to see further advancement in categories such as...

Shifara Samsudeen, ACMA, CGMA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)