Automatic Data Processing found using ticker (ADP) now have 17 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 260 and 171 with a mean TP of 231.49. Given that the stocks previous close was at 231.93 this indicates there is a potential downside of -.2%. The 50 day moving average now sits at 235.12 and the 200 day moving average is 210.51. The company has a market capitalisation of $96,392m. Find out more information at: https://www.adp.com
The potential market cap would be $96,209m 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. 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, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
