Are Wall Street Analysts Predicting Automatic Data Processing Stock Will Climb or Sink?

Valued at a market cap of $87.6 billion, Automatic Data Processing, Inc. (ADP) is a Roseland, New Jersey-based company that provides cloud-based human capital management (HCM) solutions. This HCM solutions provider has considerably underperformed the broader market over the past 52 weeks. Shares of ADP have declined 29.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 14.4%. Moreover, on a YTD basis, the stock is down 16%, compared to SPX’s 1.4% return. More News from Barchart ...