Zacks Rating on Automatic Data Processing (ADP)

Automatic Data Processing (ADP) : 17 analysts are covering Automatic Data Processing (ADP) and their average rating on the stock is 2.94, which is read as a Hold. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 3 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 9 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Automatic Data Processing (ADP) : 8 Wall Street analysts covering Automatic Data Processing (ADP) believe that the average level the stock could reach for the short term is $89.75. The maximum price target given is $110 and the minimum target for short term is around $70, hence the standard deviation is calculated at $13.13.


Shares of Automatic Data Processing, Inc. appreciated by 0.47% during the last five trading days but lost 5.57% on a 4-week basis. Automatic Data Processing, Inc. is up 3.51% in the last 3-month period. Year-to-Date the stock performance stands at 7.53%. Automatic Data Processing (NASDAQ:ADP): stock turned positive on Tuesday. Though the stock opened at $90.08, the bulls momentum made the stock top out at $90.19 level for the day. The stock recorded a low of $89.78 and closed the trading day at $89.98, in the green by 0.08%. The total traded volume for the day was 1,181,866. The stock had closed at $89.91 in the previous days trading.

Automatic Data Processing, Inc. (ADP) is a provider of human capital management (HCM) solutions and business process outsourcing. The Company operates through two segments: Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers a range of business outsourcing and technology-enabled HCM solutions. These offerings include payroll services, benefits administration, recruiting and talent management, human resources management, insurance services, retirement services and payment and compliance solutions. The Companys PEO business, ADP TotalSource, offers small and mid-sized businesses human resources (HR) outsourcing solution through a co-employment model. ADP TotalSource includes HR management and employee benefits functions, including HR administration, employee benefits and employer liability management, into a single-source solution, including HR administration, employee benefits and employer liability management.

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