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
SymbolNASDAQ:CDK
CUSIPN/A
Phone847-397-1700
Debt
Debt-to-Equity Ratio-7.42
Current Ratio2.49
Quick Ratio2.49
Price-To-Earnings
Trailing P/E Ratio21.05
Forward P/E Ratio17.20
P/E Growth1.69
Sales & Book Value
Annual Sales$2.27 billion
Price / Sales3.64
Cash Flow$3.8278 per share
Price / Cash16.72
Book Value($2.64) per share
Price / Book-24.24
Profitability
EPS (Most Recent Fiscal Year)$3.04
Net Income$380.80 million
Net Margins16.75%
Return on Equity-235.59%
Return on Assets15.49%
Miscellaneous
Employees8,500
Outstanding Shares129,440,000
Market Cap$8.14 billion
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 declared a quarterly dividend on Wednesday, August 8th. Shareholders of record on Tuesday, September 4th will be given a dividend of $0.15 per share on Friday, September 28th. This represents a $0.60 annualized dividend and a yield of 0.94%. The ex-dividend date of this dividend is Friday, August 31st. View CDK Global's Dividend History.
How were CDK Global's earnings last quarter?
CDK Global Inc (NASDAQ:CDK) released its earnings results on Tuesday, August, 14th. The software maker reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.80 by $0.07. The software maker had revenue of $569.20 million for the quarter, compared to analysts' expectations of $578.99 million. CDK Global had a net margin of 16.75% and a negative return on equity of 235.59%. CDK Global's quarterly revenue was up .7% on a year-over-year basis. During the same period in the prior year, the company posted $0.55 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 Tuesday, August, 14th. The company provided EPS guidance of $3.85-3.95 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.05. The company issued revenue guidance of (1.0%) - 1.0% to ~$2.25-2.30 billion, compared to the consensus revenue estimate of $2.36 billion.
What price target have analysts set for CDK?
3 equities research analysts have issued 1 year price targets for CDK Global's shares. Their predictions range from $68.00 to $80.00. On average, they anticipate CDK Global's share price to reach $76.00 in the next year. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for CDK Global.
What is the consensus analysts' recommendation for CDK Global?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CDK Global in the last year. There are currently 1 hold rating 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. 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. " (8/20/2018)
- 2. Barrington Research analysts commented, "We believe the quarter should meet adjusted EPS and adjusted EBITDA expectations based on the positive benefits of the company’s ongoing transformation plan." (8/13/2018)
Are investors shorting CDK Global?
CDK Global saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 3,163,233 shares, a decrease of 30.5% from the August 15th total of 4,549,890 shares. Based on an average daily trading volume, of 1,032,264 shares, the days-to-cover ratio is currently 3.1 days. Currently, 2.5% of the company's stock are short sold. View CDK Global's Current Options Chain.
Who are some of CDK Global's key competitors?
Some companies that are related to CDK Global include Worldpay (WP), Pinduoduo (PDD), NetEase (NTES), First Data (FDC), Ctrip.Com International (CTRP), Global Payments (GPN), FleetCor Technologies (FLT), Total System Services (TSS), Msci (MSCI), Broadridge Financial Solutions (BR), CoStar Group (CSGP), Mercadolibre (MELI), Alliance Data Systems (ADS), GrubHub (GRUB) and Akamai Technologies (AKAM).
Who are CDK Global's key executives?
CDK Global's management team includes the folowing people:
- Mr. Brian Patrick MacDonald, Pres, CEO & Director (Age 52)
- Mr. Lee J. Brunz J.D., Exec. VP, Gen. Counsel & Sec. (Age 48)
- Mr. Scott L. Mathews, Exec. VP of North America Sales (Age 60)
- Mr. Daniel P. Flynn, Pres of CDK Global North America (Age 48)
- Mr. Joseph A. Tautges CPA, Exec. VP & CFO (Age 42)
Has CDK Global been receiving favorable news coverage?
Press coverage about CDK stock has trended somewhat positive on Wednesday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. CDK Global earned a daily sentiment score of 0.18 on Accern's scale. They also assigned news articles about the software maker an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for CDK Global.
Who are CDK Global's major shareholders?
CDK Global's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.16%), Senator Investment Group LP (2.28%), FMR LLC (2.20%), Boston Partners (1.82%), Bank of New York Mellon Corp (1.78%) and Bank of New York Mellon Corp (1.81%). Company insiders that own CDK Global stock include Brian P Macdonald, Jennifer A Williams, Rajiv K Amar, Scott L Mathews and Stephen A Miles. View Institutional Ownership Trends for CDK Global.
Which major investors are selling CDK Global stock?
CDK stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Nomura Holdings Inc., Morgan Stanley, Frontier Capital Management Co. LLC, Scharf Investments LLC, First Trust Advisors LP, BlackRock Inc. and BNP Paribas Arbitrage SA. 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 major investors are buying CDK Global stock?
CDK stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Senator Investment Group LP, FMR LLC, KBC Group NV, Natixis, Marshall Wace LLP, Teacher Retirement System of Texas and Bank of New York Mellon Corp. 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 $64.00.
How big of a company is CDK Global?
CDK Global has a market capitalization of $8.14 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.
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.
