CDK Global, Inc. provides integrated information technology and digital marketing solutions. The Company's segments include Retail Solutions North America, Advertising North America and CDK International. Through its Retail Solutions North America segment, the Company provides technology-based solutions, including automotive Website platforms, that help automotive retailers, original equipment manufacturers (OEMs) and other industry participants manage the acquisition, sale, financing, insuring, parts supply, repair and maintenance of vehicles. Through its Advertising North America segment, the Company provides advertising solutions, including management of digital advertising spend, for OEMs and automotive retailers. As of June 30, 2016, through its CDK International segment, it provided technology-based solutions similar to the retail solutions provided in its Retail Solutions North America segment in approximately 100 countries outside of the United States and Canada.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Enterprise Software
- Sub-Industry: N/A
- Symbol: NASDAQ:CDK
- CUSIP: N/A
- Web: www.cdkglobal.com
- Market Cap: $9.07 billion
- Outstanding Shares: 145,193,000
- 50 Day Moving Avg: $61.69
- 200 Day Moving Avg: $62.91
- 52 Week Range: $52.43 - $67.49
Sales & Book Value:
- Trailing P/E Ratio: 31.94
- Foreward P/E Ratio: 21.31
- P/E Growth: 2.59
- Annual Revenue: $2.2 billion
- Price / Sales: 4.12
- Book Value: $1.31 per share
- Price / Book: 47.67
- Annual Dividend: $0.56
- Dividend Yield: 0.9%
- EBIDTA: $563.5 million
- Net Margins: 13.44%
- Return on Equity: 126.04%
- Return on Assets: 14.71%
- Debt-to-Equity Ratio: 7.43%
- Current Ratio: 1.76%
- Quick Ratio: 1.76%
- Average Volume: 937,752 shs.
- Beta: 0.73
- Short Ratio: 2.39
Frequently Asked Questions for CDK Global (NASDAQ:CDK)
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 Thursday, June 8th. Shareholders of record on Tuesday, June 20th will be paid a dividend of $0.14 per share on Friday, June 30th. This represents a $0.56 annualized dividend and a yield of 0.90%. The ex-dividend date of this dividend is Friday, June 16th. View CDK Global's Dividend History.
How were CDK Global's earnings last quarter?
CDK Global, Inc. (NASDAQ:CDK) released its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.65 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.57 by $0.08. The firm had revenue of $556.30 million for the quarter, compared to analyst estimates of $556.98 million. CDK Global had a return on equity of 126.04% and a net margin of 13.44%. CDK Global's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period last year, the company posted $0.42 EPS. View CDK Global's Earnings History.
When will CDK Global make its next earnings announcement?
Where is CDK Global's stock going? Where will CDK Global's stock price be in 2017?
3 brokerages have issued twelve-month target prices for CDK Global's stock. Their predictions range from $70.00 to $75.00. On average, they expect CDK Global's stock price to reach $72.50 in the next year. View Analyst Ratings for CDK Global.
Who are some of CDK Global's key competitors?
Some companies that are related to CDK Global include Trimble Navigation (TRMB), Open Text Corp (OTEX), The Sage Group plc (SGE), Guidewire Software (GWRE), Tableau Software (DATA), Pegasystems (PEGA), Fair Isaac Corporation (FICO), SolarWinds (SWI), Paycom Software (PAYC), Ellie Mae (ELLI), RealPage (RP), Ringcentral (RNG), HubSpot (HUBS), MicroStrategy Incorporated (MSTR), Luxoft Holding (LXFT), The Descartes Systems Group (DSGX), Ebix (EBIX) and Envestnet (ENV).
Who are CDK Global's key executives?
CDK Global's management team includes the folowing people:
- Leslie A. Brun, Independent Chairman of the Board
- Brian Patrick MacDonald, President, Chief Executive Officer, Director
- Alfred A. Nietzel, Chief Financial Officer, Executive Vice President
- Andrew M. Dean, President, CDK International
- Robert N. Karp, President - CDK North America
- Rajiv K. Amar, Executive Vice President, Chief Technology Officer
- Dean Crutchfield, Executive Vice President, Chief Information Officer
- Lee J. Brunz, Interim Chief Financial Officer, Executive Vice President, General Counsel, Secretary
- Scott L. Mathews, Executive Vice President, North America Sales
- Dan Flynn, Executive Vice President - Business Transformation
Who owns CDK Global stock?
CDK Global's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.09%), Vanguard Group Inc. (8.41%), Elliott Management Corp (5.59%), State Street Corp (3.95%), Blue Ridge Capital L.L.C. (3.50%) and Credit Suisse AG (2.43%). Company insiders that own CDK Global stock include Brian P Macdonald, Robert N Karp and Stephen A Miles. View Institutional Ownership Trends for CDK Global.
Who sold CDK Global stock? Who is selling CDK Global stock?
CDK Global's stock was sold by a variety of institutional investors in the last quarter, including Sachem Head Capital Management LP, Iridian Asset Management LLC CT, Blue Ridge Capital L.L.C., Renaissance Technologies LLC, Southpoint Capital Advisors LP, State Street Corp, Marshall Wace LLP and Frontier Capital Management Co. LLC. View Insider Buying and Selling for CDK Global.
Who bought CDK Global stock? Who is buying CDK Global stock?
CDK Global's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Findlay Park Partners LLP, AQR Capital Management LLC, Morgan Stanley, Wells Fargo & Company MN, FMR LLC, Assenagon Asset Management S.A. and Capital Fund Management S.A.. View Insider Buying and Selling for CDK Global.
How do I buy CDK Global stock?
Shares of CDK Global can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is CDK Global's stock price today?
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of CDK Global stock can currently be purchased for approximately $62.45.
Consensus Ratings for CDK Global (NASDAQ:CDK) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$72.50 (16.09% upside)|
Analysts' Ratings History for CDK Global (NASDAQ:CDK)
(Data available from 6/28/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/21/2017||Wells Fargo & Company||Upgrade||Market Perform -> Outperform||$75.00||High|
|2/3/2017||Morgan Stanley||Upgrade||Underweight -> Equal Weight||$70.00||N/A|
|10/12/2016||William Blair||Initiated Coverage||Market Perform||N/A|
|4/6/2016||J P Morgan Chase & Co||Upgrade||Underweight -> Neutral||$43.00 -> $49.00||N/A|
|4/4/2016||Oppenheimer Holdings Inc.||Reiterated Rating||Buy||$65.00||N/A|
|2/4/2016||Barrington Research||Upgrade||Market Perform -> Outperform||N/A|
Earnings History for CDK Global (NASDAQ:CDK)Earnings History by Quarter for CDK Global (NASDAQ CDK)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017|| || || || || || || || |
|5/2/2017||Q3 2017||$0.57||$0.65||$556.98 million||$556.30 million||View||Listen|
|2/2/2017||Q217||$0.56||$0.64||$545.74 million||$547.80 million||View||Listen|
|11/2/2016||Q117||$0.53||$0.60||$538.63 million||$550.70 million||View||Listen|
|8/3/2016||Q416||$0.46||$0.49||$533.84 million||$542.20 million||View||Listen|
|5/5/2016||Q316||$0.41||$0.42||$542.08 million||$537.70 million||View||Listen|
|2/3/2016||Q216||$0.37||$0.44||$516.27 million||$520.10 million||View||Listen|
|11/3/2015||Q116||$0.34||$0.38||$506.38 million||$514.60 million||View||Listen|
|7/29/2015||Q415||$0.29||$0.28||$519.53 million||$503.10 million||View||Listen|
|4/30/2015||Q115||$0.34||$0.35||$530.37 million||$526.40 million||View||Listen|
|2/5/2015||Q2||$0.32||$0.37||$540.40 million||$521.20 million||View||Listen|
|11/13/2014||Q314||$0.41||$481.50 million||$516.00 million||View||Listen|
Earnings Estimates for CDK Global (NASDAQ:CDK)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for CDK Global (NASDAQ:CDK)
|Payout Ratio:||28.57% (Trailing 12 Months of Earnings) |
23.05% (Based on This Year's Estimates)
19.11% (Based on Next Year's Estimates)
Dividend History by Quarter for CDK Global (NASDAQ CDK)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for CDK Global (NASDAQ:CDK)
Insider Ownership Percentage: 0.34%Insider Trades by Quarter for CDK Global (NASDAQ:CDK)
Institutional Ownership Percentage: 84.00%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/26/2017||Brian P Macdonald||Insider||Buy||5,000||$60.47||$302,350.00|| |
|3/10/2017||Stephen A Miles||Director||Sell||9,197||$66.47||$611,324.59|| |
|6/1/2016||Robert N Karp||VP||Sell||27,573||$55.12||$1,519,823.76|| |
Headline Trends for CDK Global (NASDAQ:CDK)
Latest Headlines for CDK Global (NASDAQ:CDK)
|BRIEF- CDK Global appoints Joe Tautges as chief financial officer|
www.reuters.com - June 26 at 4:52 PM
|Joe Tautges Appointed Chief Financial Officer for CDK Global|
finance.yahoo.com - June 26 at 4:51 PM
|CDK Global, Inc. breached its 50 day moving average in a Bullish Manner : CDK-US : June 22, 2017|
finance.yahoo.com - June 22 at 11:18 AM
|Amy Byrne Joins CDK Global as Chief Human Resources Officer|
finance.yahoo.com - June 21 at 5:19 PM
|$557.00 Million in Sales Expected for CDK Global, Inc. (CDK) This Quarter|
www.americanbankingnews.com - June 21 at 12:10 PM
|Interesting CDK Put And Call Options For February 2018|
www.nasdaq.com - June 20 at 4:50 PM
|CDK Global, Inc. : CDK-US: Dividend Analysis : June 20th, 2017 (record date) : By the numbers : June 19, 2017|
finance.yahoo.com - June 19 at 2:11 PM
|CDK Global, Inc. (CDK) Expected to Announce Earnings of $0.54 Per Share|
www.americanbankingnews.com - June 19 at 9:00 AM
|CDK Global, Inc. (CDK) Ex-Dividend Date Scheduled for June 16, 2017 - Nasdaq|
www.nasdaq.com - June 15 at 11:03 PM
|Comparing CDK Global (CDK) and Instructure (INST)|
www.americanbankingnews.com - June 14 at 8:10 AM
|Comparing CDK Global (CDK) & Textura Corp (TXTR)|
www.americanbankingnews.com - June 10 at 7:40 AM
|CDK Global Inc to Issue Quarterly Dividend of $0.14 (CDK)|
www.americanbankingnews.com - June 9 at 12:52 PM
|Comparing CDK Global (CDK) & Sapiens International (SPNS)|
www.americanbankingnews.com - June 7 at 10:14 PM
|Comparing Clicksoftware Technologies (CKSW) & CDK Global (CDK)|
www.americanbankingnews.com - June 7 at 6:18 PM
|CDK Global Declares Regular Quarterly Cash Dividend|
finance.yahoo.com - June 7 at 6:06 PM
|Form 4 CDK Global, Inc. For: May 26 Filed by: MacDonald Brian P|
www.streetinsider.com - May 30 at 4:15 PM
|Brian P. Macdonald Purchases 5,000 Shares of CDK Global Inc (CDK) Stock|
www.americanbankingnews.com - May 30 at 10:27 AM
|CDK Global Announces CFO Transition|
finance.yahoo.com - May 25 at 5:40 PM
|CDK Global to acquire Auto/Mate Dealership Systems - Seeking Alpha|
seekingalpha.com - May 24 at 9:07 PM
|BRIEF-CDK Global to acquire Auto/Mate Dealership Systems|
www.reuters.com - May 24 at 12:51 PM
|CDK Global to Acquire Auto/Mate Dealership Systems|
finance.yahoo.com - May 24 at 12:51 PM
|CDK Global (CDK) Announces $350M Accelerated Buyback|
www.streetinsider.com - May 15 at 3:54 PM
|BRIEF-CDK Global to repurchase $350 mln of its common stock|
www.reuters.com - May 15 at 3:54 PM
|CDK Global Announces Entry into an Accelerated Share Repurchase Agreement to Repurchase $350 Million of its ... - GlobeNewswire (press release)|
globenewswire.com - May 15 at 12:22 PM
|CDK Global Partner Program Reaches Milestone of Connecting 300 Partner Application Providers with Dealers|
finance.yahoo.com - May 15 at 12:22 PM
|CDK Global Announces Entry into an Accelerated Share Repurchase Agreement to Repurchase $350 Million of its Common Stock|
finance.yahoo.com - May 15 at 12:22 PM
|Short Interest in CDK Global Inc (CDK) Decreases By 20.5%|
www.americanbankingnews.com - May 14 at 9:14 AM
|CDK Global Inc (CDK) Lifted to "C" at TheStreet|
www.americanbankingnews.com - May 13 at 4:36 PM
|CDK Global Announces Pricing of its $600000000 4.875% Senior Notes Due 2027 - GlobeNewswire (press release)|
globenewswire.com - May 10 at 9:23 PM
|CDK Global Announces Pricing of its $600,000,000 4.875% Senior Notes Due 2027|
finance.yahoo.com - May 10 at 9:23 PM
|CDK Global, Inc. -- Moody's rates CDK Global's unsecured notes Ba1; outlook stable|
finance.yahoo.com - May 10 at 4:22 PM
|ETFs with exposure to CDK Global, Inc. : May 9, 2017|
finance.yahoo.com - May 9 at 9:14 PM
|CDK Global Inc (CDK) Rating Lowered to Hold at Zacks Investment Research|
www.americanbankingnews.com - May 8 at 6:42 PM
|CDK Global Announces Proposed Private Offering of $500 Million of Senior Notes - GlobeNewswire (press release)|
globenewswire.com - May 8 at 4:07 PM
|CDK Global, Inc. :CDK-US: Earnings Analysis: Q3, 2017 By the Numbers : May 8, 2017|
finance.yahoo.com - May 8 at 4:07 PM
|BRIEF-CDK Global announces proposed private offering of $500 mln of senior notes|
www.reuters.com - May 8 at 10:09 AM
|CDK Global Announces Proposed Private Offering of $500 Million of Senior Notes|
finance.yahoo.com - May 8 at 10:09 AM
|MVSC Files Amended Federal Complaint in Antitrust Lawsuit Against CDK Global ...|
finance.yahoo.com - May 6 at 2:29 AM
|CDK Global: Expensive But Not Too Expensive - Seeking Alpha|
seekingalpha.com - May 5 at 9:28 PM
|CDK Global Inc (CDK) Upgraded by Zacks Investment Research to Buy|
www.americanbankingnews.com - May 4 at 8:24 PM
|CDK Global (CDK) Earning Somewhat Favorable News Coverage, Analysis Shows|
www.americanbankingnews.com - May 4 at 1:13 AM
|CDK Global Inc (CDK) Expected to Post Quarterly Sales of $561.85 Million|
www.americanbankingnews.com - May 3 at 4:52 PM
|Edited Transcript of CDK earnings conference call or presentation 2-May-17 12:30pm GMT|
finance.yahoo.com - May 3 at 8:15 AM
|Oversold Conditions For CDK Global (CDK)|
www.nasdaq.com - May 2 at 7:56 PM
|CDK Global's (CDK) CEO Brian MacDonald on Q3 2017 Results - Earnings Call Transcript|
seekingalpha.com - May 2 at 7:56 PM
|MVSC Files Amended Federal Complaint in Antitrust Lawsuit Against CDK Global, Inc.; The Reynolds and Reynolds Company; and Computerized Vehicle Registration, Inc.|
finance.yahoo.com - May 2 at 7:56 PM
|CDK Global Reports Third Quarter Results and Updates FY 2017 Outlook|
finance.yahoo.com - May 2 at 7:56 PM
|CDK Global Inc (CDK) Announces Quarterly Earnings Results, Beats Estimates By $0.08 EPS|
www.americanbankingnews.com - May 2 at 3:34 PM
|CDK Global tops 3Q profit forecasts|
marketbeat.com - May 2 at 7:42 AM
|CDK Global Inc (CDK) Expected to Announce Earnings of $0.56 Per Share|
www.americanbankingnews.com - May 1 at 12:25 PM
CDK Global (CDK) Chart for Wednesday, June, 28, 2017