CDK Global, Inc. provides software and technology solutions for automotive retailers in the United States and internationally. The company operates through Retail Solutions North America, Advertising North America, and CDK International segments. The company offers Dealer Management System (DMS), a portfolio of layered software applications and services for automotive retailers, original equipment manufacturers (OEMs), consumers, and other industry participants manage the acquisition, sale, financing, insuring, parts supply, and repair and maintenance of vehicles. It also provides solutions to retailers and manufacturers of heavy trucks, construction equipment, agricultural equipment, motorcycles, boats, and other marine and recreational vehicles. In addition, the company offers advertising solutions, such as the management of digital advertising spend for automotive retailers, automotive retailer associations, and OEMs; and professional services, custom programming, consulting, implementation, and training solutions, as well as customer support solutions. It serves approximately 28,000 retail locations and OEMs. CDK Global, Inc. is headquartered in Hoffman Estates, Illinois.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:CDK
Previous Symbol
CUSIPN/A
Phone847-397-1700
Debt
Debt-to-Equity RatioN/A
Current Ratio1.62
Quick Ratio1.62
Price-To-Earnings
Trailing P/E Ratio15.68
Forward P/E Ratio13.28
P/E Growth1.34
Sales & Book Value
Annual Sales$2.27 billion
Price / Sales2.70
Cash Flow$3.7396 per share
Price / Cash Flow12.75
Book Value($2.64) per share
Price / Book-18.06
Profitability
EPS (Most Recent Fiscal Year)$3.04
Net Income$380.80 million
Net Margins17.23%
Return on Equity-173.86%
Return on Assets15.92%
Miscellaneous
Employees8,500
Outstanding Shares128,770,000
Market Cap$6.18 billion
OptionableOptionable
CDK Global (NASDAQ:CDK) Frequently Asked Questions
What is CDK Global's stock symbol?
CDK Global trades on the NASDAQ under the ticker symbol "CDK."
How often does CDK Global pay dividends? What is the dividend yield for CDK Global?
CDK Global announced a quarterly dividend on Wednesday, November 14th. Investors of record on Monday, December 3rd will be given a dividend of $0.15 per share on Friday, December 28th. This represents a $0.60 dividend on an annualized basis and a yield of 1.26%. The ex-dividend date is Friday, November 30th. View CDK Global's Dividend History.
How were CDK Global's earnings last quarter?
CDK Global Inc (NASDAQ:CDK) posted its earnings results on Wednesday, November, 7th. The software maker reported $0.89 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.06. The software maker earned $554.50 million during the quarter, compared to analysts' expectations of $560.52 million. CDK Global had a net margin of 17.23% and a negative return on equity of 173.86%. The company's revenue was down 2.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.68 earnings per share. View CDK Global's Earnings History.
When is CDK Global's next earnings date?
What guidance has CDK Global issued on next quarter's earnings?
CDK Global issued an update on its FY19 earnings guidance on Wednesday, November, 7th. The company provided earnings per share (EPS) guidance of $3.70-3.80 for the period, compared to the Thomson Reuters consensus estimate of $3.90. The company issued revenue guidance of $2.32-2.35 billion, compared to the consensus revenue estimate of $2.27 billion.
What price target have analysts set for CDK?
4 Wall Street analysts have issued 12-month price targets for CDK Global's shares. Their forecasts range from $62.00 to $80.00. On average, they expect CDK Global's share price to reach $72.25 in the next year. This suggests a possible upside of 51.5% from the stock's current price. View Analyst Price Targets for CDK Global.
What is the consensus analysts' recommendation for CDK Global?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CDK Global in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for CDK Global.
What are Wall Street analysts saying about CDK Global stock?
Here are some recent quotes from research analysts about CDK Global stock:
- 1. Barrington Research analysts commented, "We believe that CDK’s stock price decline of over 12% after reporting Q1/19 results is unwarranted and has created a significant buying opportunity in the shares. We have an OUTPERFORM investment rating on the shares." (11/13/2018)
- 2. According to Zacks Investment Research, "CDK Global, Inc. provides integrated information technology and digital marketing solutions to the automotive retail industry. The Company operates in three segments: Automotive Retail Solutions North America, Automotive Retail Solutions International, and Digital Marketing Solutions. It integrates workflow processes from pre-sale targeted advertising and marketing campaigns to the sale, financing, insurance, parts supply, repair and maintenance of vehicles. CDK Global, Inc. is based in Hoffman Estates, Illinois. " (11/12/2018)
Has CDK Global been receiving favorable news coverage?
Headlines about CDK stock have trended somewhat positive this week, InfoTrie reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. CDK Global earned a coverage optimism score of 1.5 on InfoTrie's scale. They also assigned media headlines about the software maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.
Who are some of CDK Global's key competitors?
Some companies that are related to CDK Global include FleetCor Technologies (FLT), Pinduoduo (PDD), First Data (FDC), Global Payments (GPN), Mercadolibre (MELI), Total System Services (TSS), Ctrip.Com International (CTRP), CoStar Group (CSGP), Msci (MSCI), Broadridge Financial Solutions (BR), Akamai Technologies (AKAM), Alliance Data Systems (ADS), Nielsen (NLSN), The Western Union (WU) and Zillow Group (Z).
Who are CDK Global's key executives?
CDK Global's management team includes the folowing people:
- Mr. Joseph A. Tautges CPA, Exec. VP & CFO (Age 42)
- Mr. Dean W. Crutchfield, Exec. VP & Chief Information Officer (Age 57)
- Mr. Lee J. Brunz J.D., Exec. VP, Gen. Counsel & Sec. (Age 48)
- Ms. Amy W. Byrne, Exec. VP & Chief HR Officer (Age 47)
- Mr. Daniel P. Flynn, Pres of CDK Global North America (Age 48)
Who are CDK Global's major shareholders?
CDK Global's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.87%), Vanguard Group Inc. (9.02%), Bank of New York Mellon Corp (1.89%), FMR LLC (1.31%), Alliancebernstein L.P. (0.82%) and AQR Capital Management LLC (0.77%). Company insiders that own CDK Global stock include Brian P Macdonald, Jennifer A Williams, Joseph A Tautges, Lee J Brunz, Rajiv K Amar, Scott L Mathews and Stephen A Miles. View Institutional Ownership Trends for CDK Global.
Which institutional investors are selling CDK Global stock?
CDK stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Marshall Wace LLP, Morgan Stanley, Frontier Capital Management Co. LLC, Deutsche Bank AG, Mitsubishi UFJ Trust & Banking Corp and Virginia Retirement Systems ET AL. Company insiders that have sold CDK Global company stock in the last year include Jennifer A Williams, Rajiv K Amar and Scott L Mathews. View Insider Buying and Selling for CDK Global.
Which institutional investors are buying CDK Global stock?
CDK stock was acquired by a variety of institutional investors in the last quarter, including Clarkston Capital Partners LLC, William Blair Investment Management LLC, BlackRock Inc., WINTON GROUP Ltd, JPMorgan Chase & Co., JPMorgan Chase & Co., PGGM Investments and Anchor Capital Advisors LLC. Company insiders that have bought CDK Global stock in the last two years include Brian P Macdonald, Joseph A Tautges and Lee J Brunz. View Insider Buying and Selling for CDK Global.
How do I buy shares of CDK Global?
Shares of CDK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CDK Global's stock price today?
One share of CDK stock can currently be purchased for approximately $47.68.
How big of a company is CDK Global?
CDK Global has a market capitalization of $6.18 billion and generates $2.27 billion in revenue each year. The software maker earns $380.80 million in net income (profit) each year or $3.04 on an earnings per share basis. CDK Global employs 8,500 workers across the globe.
What is CDK Global's official website?
How can I contact CDK Global?
CDK Global's mailing address is 1950 HASSELL ROAD, HOFFMAN ESTATES IL, 60169. The software maker can be reached via phone at 847-397-1700 or via email at [email protected]
MarketBeat Community Rating for CDK Global (NASDAQ CDK)
MarketBeat's community ratings are surveys of what our community members think about CDK Global and other stocks. Vote "Outperform" if you believe CDK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CDK will underperform the S&P 500 over the long term. You may vote once every thirty days.
