| Company name | Automatic Data Processing |
| Stock ticker | ADP |
| Live stock price | [stckqut]ADP[/stckqut] |
| P/E compared to competitors | Fair |
MANAGEMENT EXECUTION
| Employee productivity | Fair |
| Sales growth | Poor |
| EPS growth | Fair |
| P/E growth | Poor |
| EBIT growth | Poor |
ANALYSIS
| Confident Investor Rating | Poor |
| Target stock price (TWCA growth scenario) | $49.64 |
| Target stock price (averages with growth) | $58.08 |
| Target stock price (averages with no growth) | $50.99 |
| Target stock price (manual assumptions) | $67.89 |
The following company description is from Google Finance: http://www.google.com/finance?q=adp
Automatic Data Processing, Inc. (ADP), is a provider of business outsourcing solutions. ADP offers a wide range of human resource, payroll, tax and benefits administration solutions from a single source. ADP is also a provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. The Company’s operating segments include: Employer Services, Professional Employer organization (PEO) Services, and Dealer Services. In October 2011, the Company acquired WALLACE – The Training Tax Credit Company. In January 2012, the Company acquired Indian payroll business of Randstad Holding NV. In April 2012, it acquired the human resource solutions subsidiary of SHPS, Inc.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock.
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