CDK Global (NASDAQ:CDK) is scheduled to issue its quarterly earnings data before the market opens on Monday, April 30th. Analysts expect the company to announce earnings of $0.80 per share for the quarter. CDK Global has set its FY18 guidance at $3.23-3.28 EPS.
CDK Global (NASDAQ:CDK) last announced its earnings results on Tuesday, January 30th. The software maker reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.70 by $0.17. CDK Global had a negative return on equity of 5,261.95% and a net margin of 14.29%. The business had revenue of $561.70 million during the quarter, compared to analysts’ expectations of $564.94 million. During the same quarter in the prior year, the firm earned $0.55 earnings per share. The business’s revenue was up 2.5% compared to the same quarter last year. On average, analysts expect CDK Global to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of CDK Global stock opened at $65.21 on Monday. CDK Global has a 12 month low of $59.33 and a 12 month high of $76.04. The company has a market cap of $8,774.59, a price-to-earnings ratio of 26.84, a PEG ratio of 1.33 and a beta of 0.77. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of -11.19.
In other CDK Global news, EVP Scott L. Mathews sold 5,514 shares of the firm’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $68.91, for a total transaction of $379,969.74. Following the completion of the sale, the executive vice president now owns 48,520 shares of the company’s stock, valued at $3,343,513.20. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Rajiv K. Amar sold 1,968 shares of the firm’s stock in a transaction on Thursday, February 22nd. The stock was sold at an average price of $69.85, for a total value of $137,464.80. Following the sale, the insider now directly owns 11,072 shares of the company’s stock, valued at approximately $773,379.20. The disclosure for this sale can be found here. 0.39% of the stock is currently owned by company insiders.
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About CDK Global
CDK Global, Inc provides integrated information technology and digital marketing solutions to the automotive retail and other industries worldwide. The company operates through Retail Solutions North America, Advertising North America, and CDK International segments. It offers technology-based solutions, including automotive Website platforms; and advertising solutions comprising the management of digital advertising spend for original equipment manufacturers and automotive retailers.
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