Automatic Data Processing traded at $227.75 this Wednesday June 3rd, decreasing $3.43 or 1.48 percent since the previous trading session. Looking back, over the last four weeks, ADP lost 7.77 percent. Over the last 12 months, its price fell by 30.18 percent. Looking ahead, we forecast Automatic Data Processing to be priced at 217.43 by the end of this quarter and at 204.70 in one year, according to Trading Economics global macro models projections and analysts expectations.
Automatic Data Processing, Inc. (ADP) is a provider of cloud-based human capital management (HCM) solutions to employers, offering solutions to businesses of various sizes. The Company's segments include Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers a range of technology-based human capital management (HCM) solutions, including strategic, cloud-based platforms, and human resource outsourcing (HRO) solutions. These offerings include payroll services, benefits administration, talent management, human resources (HR) management, workforce management, compliance services, insurance services and retirement services. Its PEO business, called ADP TotalSource, provides clients with employment administration outsourcing solutions. The Company serves over 920,000 clients in 140 countries and territories.