NasdaqGS:ADPProfessional Services
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...