Reassessing ADP (ADP) After A 29% One-Year Share Price Decline
- If you are wondering whether Automatic Data Processing (ADP) is fairly priced or offering value right now, the key is understanding how its current share price lines up with different valuation measures.
- With the stock at US$217.21, recent returns have been mixed, including a 0.2% move over 7 days, a 16.6% decline over 30 days, a 14.1% decline year to date, a 29.1% decline over 1 year, but gains of 4.1% over 3 years and 36.4% over 5 years.
- Recent coverage of ADP has focused on its position in payroll and HR services, alongside broader commentary on how established service providers are being compared against newer competitors and evolving client needs. These themes help frame how investors are reassessing what they are willing to pay…
Source link