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ROSELAND, N.J. - ADP (NYSE: ADP), a prominent player in the Professional Services industry with a market capitalization of $113.6 billion, announced Tuesday it will begin releasing weekly preliminary estimates of U.S. private sector employment changes, starting with its first report showing an average increase of 14,250 jobs in the four weeks ending October 11, 2025. According to InvestingPro data, the company maintains strong financial health with an overall rating of GOOD.
The payroll processing company, which generates annual revenue of $20.56 billion with impressive gross profit margins of 48.39%, will publish these weekly estimates each Tuesday at 8:15 a.m. ET, while continuing to release its comprehensive monthly employment reports on the first Wednesday of each month. The weekly data will provide a four-week moving average of private employment changes.
"ADP’s near real-time employment data, released weekly, will now provide an even clearer picture of the labor market at this critical time for the economy," said Dr. Nela Richardson, chief economist at ADP, in a press release statement.
The company indicated the weekly reports will offer more timely insights into labor market trends based on its administrative data from over 26 million private-sector employees across the United States. The monthly reports will continue to include detailed breakdowns by industry, firm size and geography.
ADP’s next monthly employment report is scheduled for November 5, with subsequent weekly estimates to follow on November 11, 18, and 25.
The company stated that both the weekly and monthly reports will be made available to the public at no cost, continuing its nearly two-decade practice of providing labor market data. ADP’s employment data is produced in collaboration with the Stanford Digital Economy Lab.
The announcement represents an expansion of ADP’s data offerings as the company aims to provide more frequent labor market insights to businesses, workers and policymakers. For deeper insights into ADP’s financial performance and growth potential, InvestingPro subscribers can access comprehensive analysis, including 13 additional ProTips and detailed financial metrics in the Pro Research Report.
In other recent news, ADP is set to release its first-quarter fiscal 2025 results, with analysts from Jefferies maintaining a Hold rating and a price target of $315, expecting the company to meet consensus revenue and earnings per share expectations. RBC Capital also reiterated its Sector Perform rating with the same price target, anticipating continued revenue growth despite employment challenges. In September, ADP Research reported that U.S. private employers cut 32,000 jobs, marking a shift due to a downward revision from their annual preliminary rebenchmarking process. Meanwhile, ADP has launched a new embedded payroll solution aimed at small business software providers, partnering with Fiserv’s Clover system to integrate payroll capabilities. Additionally, ADP has nominated Karen S. Lynch and Robert H. Swan to its Board of Directors, with the election scheduled for November 2025. Lynch brings extensive experience from her tenure as President and CEO of CVS Health Corporation. These developments reflect ADP’s strategic moves and market expectations in the face of evolving employment data and technological advancements.
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