ADP vs. WDAY, VRSK, ARM, FI, TT, SPGI, RSG, MRVL, SPOT, and CPRT
Should you be buying Automatic Data Processing stock or one of its competitors? The main competitors of Automatic Data Processing include Workday (WDAY), Verisk Analytics (VRSK), ARM (ARM), Fiserv (FI), Trane Technologies (TT), S&P Global (SPGI), Republic Services (RSG), Marvell Technology (MRVL), Spotify Technology (SPOT), and Copart (CPRT).
Automatic Data Processing (NASDAQ:ADP) and Workday (NASDAQ:WDAY) are both large-cap business services companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, analyst recommendations, valuation, institutional ownership, media sentiment, dividends, earnings, risk and community ranking.
Automatic Data Processing currently has a consensus price target of $255.42, indicating a potential upside of 5.14%. Workday has a consensus price target of $293.61, indicating a potential upside of 17.62%. Given Workday's stronger consensus rating and higher possible upside, analysts clearly believe Workday is more favorable than Automatic Data Processing.
Automatic Data Processing has a beta of 0.78, indicating that its stock price is 22% less volatile than the S&P 500. Comparatively, Workday has a beta of 1.33, indicating that its stock price is 33% more volatile than the S&P 500.
80.0% of Automatic Data Processing shares are held by institutional investors. Comparatively, 89.8% of Workday shares are held by institutional investors. 0.3% of Automatic Data Processing shares are held by insiders. Comparatively, 21.1% of Workday shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Automatic Data Processing has a net margin of 19.56% compared to Workday's net margin of 19.02%. Automatic Data Processing's return on equity of 93.09% beat Workday's return on equity.
In the previous week, Automatic Data Processing had 9 more articles in the media than Workday. MarketBeat recorded 28 mentions for Automatic Data Processing and 19 mentions for Workday. Automatic Data Processing's average media sentiment score of 0.74 beat Workday's score of 0.61 indicating that Automatic Data Processing is being referred to more favorably in the media.
Automatic Data Processing has higher revenue and earnings than Workday. Automatic Data Processing is trading at a lower price-to-earnings ratio than Workday, indicating that it is currently the more affordable of the two stocks.
Workday received 745 more outperform votes than Automatic Data Processing when rated by MarketBeat users. Likewise, 64.97% of users gave Workday an outperform vote while only 58.81% of users gave Automatic Data Processing an outperform vote.
Summary
Workday beats Automatic Data Processing on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ADP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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