AllAnalyst Report
logoMorningstarOctober 28, 2021

Automatic Data Processing, Inc.: ADP Reports Strong Start to Fiscal 2022 as Economic Conditions Recover; $202 FVE Maintained

Symbols
ADP
Sector(s)
Industrials
Rating
Current Price
$243.31
Fair Value
Economic Moat
Stewardship
Summary

ADP is a provider of payroll and human capital management solutions servicing the full scope of businesses from micro to global enterprises. ADP was established in 1949 and serves over 920,000 clients primarily in the United States. ADP's employer services segment offers payroll, HCM solutions, HR outsourcing, insurance and retirement services. The smaller but fa

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