ADP, a key player in the computer services sector, has received a neutral rating from UBS.

The company specializes in developing human resources management solutions, with a majority of its net sales (67.6%) coming from services targeted at small and medium-sized enterprises. The remaining portion (32.4%) is generated from a wider range of HR management solutions, including audit services, business consulting, payroll management, and training services.

In terms of revenue distribution, the United States accounts for the majority (88.2%) of ADP's net sales, followed by Europe (7.5%), Canada (2.5%), and other regions (1.8%). This emphasizes the company's strong presence in the domestic market and its strategic focus on North America.