With a market cap of $105.7 billion, Automatic Data Processing, Inc. (ADP) is a global leader in HR and payroll solutions, leveraging more than 75 years of innovation and expertise to help businesses solve workforce challenges. With AI-driven insights and proven expertise, ADP supports over 1.1 million clients across 140+ countries with solutions spanning HR, talent, time management, benefits, compliance, and payroll.
Shares of the payroll and human resources company have lagged behind the broader market over the past 52 weeks. ADP stock has fallen 9.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 19.5%. Moreover, shares of the company have returned nearly 6% on a YTD basis, compared to SPX’s 12.6% rise.