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: $8.63413 billion
- Outstanding Shares: 140,119,000
- 50 Day Moving Avg: $63.17
- 200 Day Moving Avg: $63.72
- 52 Week Range: $53.46 - $67.49
Sales & Book Value:
- Trailing P/E Ratio: 31.41
- Foreward P/E Ratio: 17.32
- P/E Growth: 2.08
- Annual Revenue: $2.22 billion
- Price / Sales: 3.95
- Book Value: ($0.53) per share
- Price / Book: -117.94
- Annual Dividend: $0.56
- Dividend Yield: 0.9%
- EBIDTA: $582.4 million
- Net Margins: 13.31%
- Return on Equity: 204.80%
- Return on Assets: 14.06%
- Debt-to-Equity Ratio: -37.42%
- Current Ratio: 2.31%
- Quick Ratio: 2.31%
- Average Volume: 974,941 shs.
- Beta: 0.74
- Short Ratio: 2.51
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 Wednesday, August 9th. Investors of record on Monday, September 11th will be paid a dividend of $0.14 per share on Friday, September 29th. This represents a $0.56 dividend on an annualized basis and a yield of 0.90%. The ex-dividend date of this dividend is Friday, September 8th. View CDK Global's Dividend History.
How were CDK Global's earnings last quarter?
CDK Global, Inc. (NASDAQ:CDK) posted its earnings results on Tuesday, August, 1st. The company reported $0.55 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.54 by $0.01. The firm had revenue of $565.40 million for the quarter, compared to analysts' expectations of $556.68 million. CDK Global had a return on equity of 204.80% and a net margin of 13.31%. CDK Global's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.49 EPS. View CDK Global's Earnings History.
When will CDK Global make its next earnings announcement?
What guidance has CDK Global issued on next quarter's earnings?
CDK Global issued an update on its FY18 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $2.90-3.00 for the period, compared to the Thomson Reuters consensus estimate of $2.93.
Where is CDK Global's stock going? Where will CDK Global's stock price be in 2017?
4 brokers have issued 1 year target prices for CDK Global's shares. Their forecasts range from $70.00 to $75.00. On average, they expect CDK Global's stock price to reach $72.33 in the next twelve months. View Analyst Ratings for CDK Global.
Are investors shorting CDK Global?
CDK Global saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 4,005,914 shares, an increase of 59.6% from the July 14th total of 2,509,549 shares. Based on an average trading volume of 905,211 shares, the days-to-cover ratio is currently 4.4 days. Currently, 2.8% of the shares of the stock are sold short.
Who are some of CDK Global's key competitors?
Some companies that are related to CDK Global include Trimble Navigation (TRMB), Open Text Corporation (OTEX), The Sage Group plc (SGE), Tableau Software (DATA), Guidewire Software (GWRE), SolarWinds (SWI), Fair Isaac Corporation (FICO), Paycom Software (PAYC), Pegasystems (PEGA), RealPage (RP), Ringcentral (RNG), Ellie Mae (ELLI), HubSpot (HUBS), The Descartes Systems Group (DSGX), Envestnet (ENV), Ebix (EBIX), Q2 Holdings (QTWO) and MicroStrategy Incorporated (MSTR).
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
- Andrew M. Dean, President, CDK International
- Robert N. Karp, President - CDK North America
- Amy Byrne, Chief Human Resource Officer, Executive Vice President
- Rajiv K. Amar, Executive Vice President, Chief Technology Officer
- Dean Crutchfield, Executive Vice President, Chief Information Officer
- Scott L. Mathews, Executive Vice President, North America Sales
- Dan Flynn, Executive Vice President - Business Transformation
- Yvonne M. Surowiec, Executive Vice President, Chief People Officer
Who owns CDK Global stock?
CDK Global's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.61%), Vanguard Group Inc. (8.86%), Elliott Management Corp (5.79%), State Street Corp (3.95%), Orbis Allan Gray Ltd (3.57%) and Principal Financial Group Inc. (1.77%). 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 State Street Corp, Artisan Partners Limited Partnership, Falcon Edge Capital LP, New York State Common Retirement Fund, Gotham Asset Management LLC, Sei Investments Co., TIAA CREF Investment Management LLC and HighVista Strategies 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 bought by a variety of institutional investors in the last quarter, including Koch Industries Inc., Junto Capital Management LP, Arrowstreet Capital Limited Partnership, BlackRock Inc., Renaissance Technologies LLC, Manning & Napier Advisors LLC, Old Mutual Global Investors UK Ltd. and Vanguard Group Inc.. 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 $62.51.
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, 2 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.50)|
|Consensus Price Target: ||$72.33 (15.71% upside)|
Analysts' Ratings History for CDK Global (NASDAQ:CDK)
(Data available from 8/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/10/2017||Evercore ISI||Upgrade||In-Line -> Outperform||$72.00||High|
|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||Q4 2017||$0.54||$0.55||$556.68 million||$565.40 million||View||Listen|
|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:||28.00% (Trailing 12 Months of Earnings) |
19.11% (Based on This Year's Estimates)
15.51% (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: 81.37%
(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)
|CDK Global, Inc. :CDK-US: Earnings Analysis: Q4, 2017 By the Numbers : August 14, 2017|
finance.yahoo.com - August 14 at 5:25 PM
|Form 4 CDK Global, Inc. For: Aug 08 Filed by: Flynn Daniel Patrick - StreetInsider.com|
www.streetinsider.com - August 12 at 4:38 PM
|Form 4 CDK Global, Inc. For: Aug 08 Filed by: TAUTGES JOSEPH A|
www.streetinsider.com - August 11 at 5:31 PM
|CDK Global, Inc. (CDK) Short Interest Update|
www.americanbankingnews.com - August 11 at 9:22 AM
|CDK Global, Inc. :CDK-US: Earnings Analysis: 2017 By the Numbers : August 10, 2017|
finance.yahoo.com - August 10 at 6:12 PM
|See what the IHS Markit Score report has to say about CDK Global Inc.|
finance.yahoo.com - August 9 at 10:24 PM
|CDK Global, Inc. to Issue Quarterly Dividend of $0.14 (NASDAQ:CDK)|
www.americanbankingnews.com - August 9 at 6:07 PM
|CDK Global, Inc. (CDK) Downgraded by BidaskClub|
www.americanbankingnews.com - August 6 at 12:42 PM
| Brokerages Anticipate CDK Global, Inc. (NASDAQ:CDK) Will Announce Quarterly Sales of $574.66 Million|
www.americanbankingnews.com - August 6 at 7:54 AM
|Evercore Trust Company, NA Buys Valvoline Inc, Ashland Global Holdings Inc, Air Products ... - Nasdaq|
www.nasdaq.com - August 5 at 4:34 PM
|Who Asked You Anyway, Ackman?|
www.bloomberg.com - August 4 at 5:17 PM
| Analysts Expect CDK Global, Inc. (NASDAQ:CDK) Will Announce Earnings of $0.69 Per Share|
www.americanbankingnews.com - August 4 at 10:28 AM
|CDK Global, Inc. (CDK) Receives Consensus Rating of "Buy" from Brokerages|
www.americanbankingnews.com - August 4 at 8:52 AM
|CDK Global, Inc. breached its 50 day moving average in a Bearish Manner : CDK-US : August 3, 2017|
finance.yahoo.com - August 3 at 6:32 PM
|Edited Transcript of CDK earnings conference call or presentation 1-Aug-17 12:30pm GMT|
finance.yahoo.com - August 2 at 1:39 AM
|CDK Global Reports Fiscal 2017 Results; Provides Fiscal 2018 Guidance|
finance.yahoo.com - August 1 at 3:34 PM
|CDK Global tops Street 4Q forecasts|
finance.yahoo.com - August 1 at 3:34 PM
|CDK Global, Inc. (CDK) Announces Quarterly Earnings Results|
www.americanbankingnews.com - August 1 at 9:58 AM
|CDK Global, Inc. (NASDAQ:CDK) Issues FY18 Earnings Guidance|
www.americanbankingnews.com - August 1 at 9:41 AM
|CDK Global, Inc. (NASDAQ:CDK) to Release Earnings on Tuesday|
www.americanbankingnews.com - July 25 at 7:17 AM
|Manning & Napier Advisors, Inc Buys Biogen Inc, FedEx Corp, Ball ... - Nasdaq|
www.nasdaq.com - July 21 at 6:41 PM
|White Pine Investment CO Buys Omega Healthcare Investors Inc, Qualcomm Inc, SPDR MidCap Trust ...|
www.nasdaq.com - July 19 at 6:16 PM
|CDK Global, Inc. (CDK) Expected to Announce Quarterly Sales of $557.00 Million|
www.americanbankingnews.com - July 15 at 9:52 AM
|CDK Global and NAMAD Announce “Fueling Careers” Scholarship Winners - Business Wire (press release)|
www.businesswire.com - July 15 at 12:01 AM
|CDK Global and NAMAD Announce “Fueling Careers” Scholarship Winners|
finance.yahoo.com - July 14 at 7:00 PM
|CDK Global, Inc. (NASDAQ:CDK) Expected to Post Earnings of $0.54 Per Share|
www.americanbankingnews.com - July 13 at 8:13 AM
|CDK Global to Announce Fiscal 2017 Financial Results on August 1, 2017 - GlobeNewswire (press release)|
globenewswire.com - July 11 at 6:06 PM
|CDK Global to Announce Fiscal 2017 Financial Results on August 1, 2017|
finance.yahoo.com - July 11 at 6:05 PM
|CDK to Offer Dealers a More Open and Inclusive DMS Platform|
finance.yahoo.com - July 11 at 3:04 AM
|CDK Global, Inc. (CDK) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - July 10 at 8:57 AM
|CDK Global, Inc. (NASDAQ:CDK) Upgraded to "Outperform" by Evercore ISI|
www.americanbankingnews.com - July 10 at 7:50 AM
|CDK Global, Inc. – Value Analysis (NASDAQ:CDK) : July 7, 2017|
finance.yahoo.com - July 8 at 9:36 AM
|iShares S&P Mid-Cap 400 Growth ETF Experiences Big Inflow|
www.nasdaq.com - July 6 at 6:16 PM
|CDK Global, Inc. breached its 50 day moving average in a Bullish Manner : CDK-US : July 6, 2017|
finance.yahoo.com - July 6 at 6:16 PM
|CDK Global, Inc. (CDK) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - July 4 at 7:16 PM
|PSA Benelux and CDK Global Sign New Agreement to Enhance Peugeot and Citroën Dealer Management Systems|
finance.yahoo.com - June 29 at 3:02 AM
|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 (CDK) Chart for Thursday, August, 17, 2017