Automatic Data Processing found using ticker (ADP) now have 17 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 280 and 208 calculating the mean target price we have 244.65. Now with the previous closing price of 250.48 this indicates there is a potential downside of -2.3%. The 50 day MA is 230.56 and the 200 day moving average is 223.79. The market cap for the company is $103,509m. You can visit the company’s website by visiting: https://www.adp.com
The potential market cap would be $101,100m 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.
