Automatic Data Processing with ticker code (ADP) now have 17 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 280 and 213 with a mean TP of 249.35. Now with the previous closing price of 253.55 this would indicate that there is a downside of -1.7%. The 50 day moving average now sits at 236.57 while the 200 day moving average is 225.95. The company has a market cap of $106,204m. Find out more information at: https://www.adp.com
The potential market cap would be $104,445m based on the market concensus.
Automatic Data Processing provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
