If you are wondering whether Automatic Data Processing’s current share price reflects its underlying worth, you are not alone. Many investors are asking the same question before making their next move.
The stock closed at US$260.44, with returns of a 2.1% decline over the last 7 days, a 1.9% decline over 30 days, a 3.0% gain year to date, a 10.1% decline over 1 year, 17.3% over 3 years, and 78.4% over 5 years. Taken together, these figures give a mixed picture of recent and longer term performance.
Recent headlines around Automatic Data Processing have focused on its role as a major payroll and human capital management provider, as companies continue to rely on outsourced services for core back office functions. This backdrop helps…
