NASDAQ:CDKCDK Global Stock Price, Forecast & News

$38.99

+0.50 (+1.30 %)

(As of 05/22/2020 04:00 PM ET)

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Today's Range

$38.37

Now: $38.99▼

$39.32

50-Day Range

$30.03

MA: $36.08▼

$40.78

52-Week Range

$29.12

Now: $38.99▼

$57.00

Volume563,495 shs

Average Volume948,547 shs

Market Capitalization$4.74 billion

P/E Ratio779.96

Dividend Yield1.54%

Beta1.33

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.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
CDK Global has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $50.75, CDK Global has a potential upside of 30.2% from its current price of $38.99.
Amount of Analyst Coverage
CDK Global has only been the subject of 3 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
CDK Global has received 350 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CDK Global has received 348 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CDK Global has received 50.14% “outperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
CDK Global is a leading dividend payer. It pays a dividend yield of 1.54%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CDK Global has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of CDK Global is 19.11 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, CDK Global will have a dividend payout ratio of 19.35 % next year. This indicates that CDK Global will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CDK Global insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $137,643.00 in company stock.
Percentage Held by Insiders
Only 0.36% of the stock of CDK Global is held by insiders.
Percentage Held by Institutions
82.86% of the stock of CDK Global is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for CDK Global are expected to grow by 9.54% in the coming year, from $2.83 to $3.10 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CDK Global is 779.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of CDK Global is 779.96, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 38.60.
Price to Earnings Growth Ratio
CDK Global has a PEG Ratio of 1.25. PEG Ratios above 1 indicate that a company could be overvalued.

Overall Beat the Market Rank^™

2.17 out of 5 stars

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

CIK1609702

Webwww.cdkglobal.com

Phone847-397-1700

Debt

Debt-to-Equity RatioN/A

Current Ratio1.57

Quick Ratio1.57

Price-To-Earnings

Trailing P/E Ratio779.96

Forward P/E Ratio13.78

P/E Growth1.25

Sales & Book Value

Annual Sales$1.91 billion

Price / Sales2.47

Cash Flow$4.00 per share

Price / Cash Flow9.75

Book Value($5.11) per share

Price / Book-7.63

Profitability

EPS (Most Recent Fiscal Year)$3.14

Net Income$124 million

Net Margins0.35%

Return on Equity-59.38%

Return on Assets13.08%

Miscellaneous

Employees9,000

Outstanding Shares121,530,000

Market Cap$4.74 billion

Next Earnings Date8/11/2020 (Estimated)

OptionableOptionable

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CDK Global (NASDAQ:CDK) Frequently Asked Questions

How has CDK Global's stock been impacted by COVID-19 (Coronavirus)?

CDK Global's stock was trading at $40.04 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CDK shares have decreased by 2.6% and is now trading at $38.99. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of CDK Global?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CDK Global in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for CDK Global.

When is CDK Global's next earnings date?

CDK Global is scheduled to release its next quarterly earnings announcement on Tuesday, August 11th 2020. View our earnings forecast for CDK Global.

How were CDK Global's earnings last quarter?

CDK Global Inc (NASDAQ:CDK) released its quarterly earnings results on Tuesday, May, 5th. The software maker reported $0.92 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.81 by $0.11. The software maker had revenue of $516.30 million for the quarter, compared to analyst estimates of $496.30 million. CDK Global had a negative return on equity of 59.38% and a net margin of 0.35%. The firm's revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.87 EPS. View CDK Global's earnings history.

How often does CDK Global pay dividends? What is the dividend yield for CDK Global?

CDK Global announced a quarterly dividend on Tuesday, February 18th. Shareholders of record on Monday, March 2nd will be given a dividend of $0.15 per share on Monday, March 30th. This represents a $0.60 annualized dividend and a dividend yield of 1.54%. The ex-dividend date of this dividend is Friday, February 28th. View CDK Global's dividend history.

What guidance has CDK Global issued on next quarter's earnings?

CDK Global updated its FY20 earnings guidance on Tuesday, May, 5th. The company provided EPS guidance of $2.85-3.20 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.14. The company issued revenue guidance of $1.915-1.965 billion, compared to the consensus revenue estimate of $1.94 billion.

What price target have analysts set for CDK?

4 analysts have issued 1-year target prices for CDK Global's stock. Their forecasts range from $38.00 to $65.00. On average, they anticipate CDK Global's share price to reach $50.75 in the next twelve months. This suggests a possible upside of 30.2% from the stock's current price. View analysts' price targets for CDK Global.

Has CDK Global been receiving favorable news coverage?

News stories about CDK stock have been trending somewhat negative on Sunday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CDK Global earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned news stories about the software maker a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutCDK Global.

Are investors shorting CDK Global?

CDK Global saw a decline in short interest in April. As of April 30th, there was short interest totaling 1,240,000 shares, a decline of 36.1% from the April 15th total of 1,940,000 shares. Based on an average daily volume of 987,000 shares, the short-interest ratio is currently 1.3 days. Currently, 1.0% of the shares of the company 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 Akamai Technologies (AKAM), Broadridge Financial Solutions (BR), Ctrip.Com International (CTRP), Trip.com Group (TCOM), Zillow Group (Z), Zillow Group (ZG), Fair Isaac (FICO), LYFT (LYFT), Etsy (ETSY), The Western Union (WU), WEX (WEX), GrubHub (GRUB), Nielsen (NLSN), Farfetch (FTCH) and Ritchie Bros. Auctioneers (RBA). View all competitors.

What other stocks do shareholders of CDK Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other CDK Global investors own include Wolverine World Wide (WWW), Walgreens Boots Alliance (WBA), Carnival (CCL), Wendys (WEN), Automatic Data Processing (ADP), General Electric (GE), Xerox (XRX), Cheesecake Factory (CAKE), Marriott International (MAR) and Fifth Third Bancorp (FITB).

Who are CDK Global's key executives?

CDK Global's management team includes the following people:

Mr. Joseph A. Tautges CPA, Exec. VP & CFO (Age 43)
Mr. Dean W. Crutchfield, Exec. VP & Chief Information Officer (Age 58)
Mr. Lee J. Brunz J.D., Exec. VP, Gen. Counsel & Sec. (Age 49)
Ms. Amy W. Byrne, Exec. VP & Chief HR Officer (Age 48)
Mr. Daniel P. Flynn, Pres of CDK Global North America (Age 49)

What is CDK Global's stock symbol?

CDK Global trades on the NASDAQ under the ticker symbol "CDK."

Who are CDK Global's major shareholders?

CDK Global's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (13.54%), Capital International Investors (4.76%), State Street Corp (3.57%), International Value Advisers LLC (1.46%), Geode Capital Management LLC (1.40%) and Bank of New York Mellon Corp (1.21%). Company insiders that own CDK Global stock include Jennifer A Williams, Joseph A Tautges, Lee J Brunz and Neil Packham. 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 State Street Corp, Capital Research Global Investors, Wells Fargo & Company MN, Tensile Capital Management LLC, Morgan Stanley, Principal Financial Group Inc., Two Sigma Advisers LP, and JPMorgan Chase & Co.. Company insiders that have sold CDK Global company stock in the last year include Jennifer A Williams, and Lee J Brunz. View insider buying and selling activity for CDK Global.

Which major investors are buying CDK Global stock?

CDK stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, International Value Advisers LLC, Makaira Partners LLC, Nomura Holdings Inc., BlackRock Inc., London Co. of Virginia, Retirement Systems of Alabama, and Mackay Shields LLC. Company insiders that have bought CDK Global stock in the last two years include Joseph A Tautges, Lee J Brunz, and Neil Packham. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is CDK Global's stock price today?

One share of CDK stock can currently be purchased for approximately $38.99.

How big of a company is CDK Global?

CDK Global has a market capitalization of $4.74 billion and generates $1.91 billion in revenue each year. The software maker earns $124 million in net income (profit) each year or $3.14 on an earnings per share basis. CDK Global employs 9,000 workers across the globe.

What is CDK Global's official website?

The official website for CDK Global is www.cdkglobal.com.

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]

This page was last updated on 5/24/2020 by MarketBeat.com Staff