Roseland, New Jersey-based Automatic Data Processing, Inc. (ADP) provides cloud-based human capital management (HCM) solutions worldwide. With a market cap of $124.1 billion, Automatic Data Processing operates through Employer Services and Professional Employer Organization (PEO) segments.
The HCM solutions giant has outpaced the broader market over the past year. ADP stock prices have surged 30.7% in 2024 and 31.7% over the past 52 weeks, compared to the S&P 500 Index’s ($SPX) 24.7% gains in 2024 and 31.1% returns over the past year.
