Automatic Data Processing, Inc. with ticker code (ADP) now have 16 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The target price High/Low ranges between 278 and 211 suggesting an average Analsyt target price of $242.81. Given that the stocks previous close was at $215.62 this indicates there is a potential upside of 12.6%. The 50 day MA is $218.87 and the 200 day moving average is $234.66. The total market capitalization for the company now stands at $89,173m. Find out more information at: https://www.adp.com
The potential market cap would be $100,418m based on the market consensus.
Automatic Data Processing, Inc. 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.
The company has a dividend yield of 2.32% with the ex dividend date set at 8-6-2023 (DMY).
Other points of data to note are a P/E ratio of 28.66, revenue per share of 41.49 and a 4.58% return on assets.
