NASDAQ:CDK - CDK Global Stock Price, Forecast & News

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

CDK Global declared a quarterly dividend on Thursday, November 21st. Investors of record on Monday, December 2nd will be paid a dividend of $0.15 per share on Monday, December 30th. This represents a $0.60 annualized dividend and a dividend yield of 1.12%. The ex-dividend date is Friday, November 29th. View CDK Global's Dividend History.

CDK Global Inc (NASDAQ:CDK) announced its earnings results on Tuesday, November, 5th. The software maker reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.69 by $0.10. The software maker earned $494.60 million during the quarter, compared to the consensus estimate of $485 million. CDK Global had a net margin of 5.32% and a negative return on equity of 72.27%. The firm's revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.89 EPS. View CDK Global's Earnings History.

CDK Global is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for CDK Global.

CDK Global updated its FY20 earnings guidance on Tuesday, November, 5th. The company provided earnings per share guidance of $3.30-3.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.41. The company issued revenue guidance of $2.00-2.05 billion, compared to the consensus revenue estimate of $2.02 billion.

3 brokers have issued 1-year price targets for CDK Global's shares. Their forecasts range from $57.00 to $67.00. On average, they expect CDK Global's share price to reach $63.00 in the next twelve months. This suggests a possible upside of 18.1% from the stock's current price. View Analyst Price Targets 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.

News stories about CDK stock have trended somewhat negative recently, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by reviewing 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 closest to five being the most favorable. CDK Global earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for CDK Global.

CDK Global saw a decline in short interest in the month of October. As of October 15th, there was short interest totalling 2,370,000 shares, a decline of 16.0% from the September 15th total of 2,820,000 shares. Based on an average daily trading volume, of 882,000 shares, the short-interest ratio is presently 2.7 days. Approximately 2.0% of the company's stock are short sold. View CDK Global's Current Options Chain.

Some companies that are related to CDK Global include Total System Services (TSS), CoStar Group (CSGP), Msci (MSCI), Ctrip.Com International (CTRP), Broadridge Financial Solutions (BR), LYFT (LYFT), Akamai Technologies (AKAM), The Western Union (WU), Fair Isaac (FICO), WEX (WEX), Zillow Group (Z), Zillow Group (ZG), Nielsen (NLSN), Etsy (ETSY) and Alliance Data Systems (ADS).

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), Wendys (WEN), Carnival (CCL), Automatic Data Processing (ADP), Xerox (XRX), Cheesecake Factory (CAKE), General Electric (GE), Marriott International (MAR) and Fifth Third Bancorp (FITB).

CDK Global's stock is owned by a number of of retail and institutional investors. Top institutional investors include State Street Corp (5.09%), Boston Partners (4.29%), River Road Asset Management LLC (0.94%), California Public Employees Retirement System (0.88%), Anchor Capital Advisors LLC (0.65%) and Sumitomo Mitsui Trust Holdings Inc. (0.42%). Company insiders that own CDK Global stock include Jennifer A Williams, Joseph A Tautges, Lee J Brunz, Neil Packham, Rajiv K Amar and Scott L Mathews. View Institutional Ownership Trends for CDK Global.

CDK stock was sold by a variety of institutional investors in the last quarter, including Teacher Retirement System of Texas, Man Group plc, Anchor Capital Advisors LLC, Denali Advisors LLC, Dupont Capital Management Corp, Parametric Portfolio Associates LLC, First Trust Advisors LP and Maverick Capital Ltd.. View Insider Buying and Selling for CDK Global.

CDK stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, State Street Corp, Mackay Shields LLC, State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Three Peaks Capital Management LLC, Millennium Management LLC and Coronation Fund Managers Ltd.. 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 for 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.

One share of CDK stock can currently be purchased for approximately $53.34.

CDK Global has a market capitalization of $6.48 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.View Additional Information About CDK Global.

The official website for CDK Global is http://www.cdkglobal.com/.

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]