It seems Carlos's grand plan of eliminating the talent is starting to catch the ears of some of the market analysts. Hope that isn't gonna be a problem. My prediction is that the stock hits new lows before year end.
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The one year return is negative. Outlook is grim. Economy is trashed. ADP largely has cheap inexperienced incapable workers now. Clients are p-ss-d, not to mention hurting themselves and leaving in droves. This CEO is just an id–t. The board is even worse for not doing something about.
Stock down $4.29 right now and it isn't even 2:00. Little Carlos is trashing ADP.
No doubt it is getting hammered today, and yesterday, and well most days. ADP is not a good company - best to totally avoid ADP from both a work and investment perspective.