CDK Global Inc (CDK) Forecast, Price Target & Analyst Ratings

NASDAQ:CDK • US12508E1010

54.76
-0.08 (-0.15%)
At close: Jul 5, 2022
54.8
+0.04 (+0.07%)
After Hours: 7/5/2022, 8:00:03 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CDK Global Inc (CDK).

Forecast Snapshot

Consensus Price Target

Price Target
$58.65
+ 7.10% Upside

Next Earnings Forecast

Earnings Estimate
Release DateAug 15, 2022
PeriodQ4 / 2022
EPS Estimate$0.80
Revenue Estimate464.223M

ChartMill Buy Consensus

Rating
86.67%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
$58.65
Upside
+ 7.10%
From current price of $54.76 to mean target of $58.65, Based on 6 analyst forecasts
Low
$58.08
Median
$58.65
High
$60.38

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

6 analysts have analysed CDK and the average price target is 58.65 null. This implies a price increase of 7.1% is expected in the next year compared to the current price of 54.76.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CDK Current Analyst RatingCDK Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

CDK Historical Analyst RatingsCDK Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
86.67%
CDK was analyzed by 6 analysts. The buy percentage consensus is at 87. So analysts seem to be very confident about CDK.
In the previous month the buy percentage consensus was at a similar level.
CDK was analyzed by 6 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2021-12-16Morgan StanleyDowngrade Overweight -> Equal-Weight
2021-08-18Morgan StanleyMaintains Overweight

Next Earnings Forecast Details

Next Earnings Details

Release DateAug 15, 2022
PeriodQ4 / 2022
EPS Estimate$0.80
Revenue Estimate464.223M
Revenue Q2Q10.50%
EPS Q2Q20.89%
Number of Analysts2

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

CDK is expected to report earnings on 8/15/2022. The consensus EPS estimate for the next earnings is 0.8 null and the consensus revenue estimate is 464.22M null.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
CDK revenue by date.CDK revenue by date.
1.915B
-15.77%
1.96B
2.37%
1.673B
-14.64%
1.819B
8.70%
1.904B
4.69%
2.015B
5.84%
2.1B
4.22%
2.211B
5.26%
EBITDA
YoY % growth
CDK ebitda by date.CDK ebitda by date.
713.5M
-0.65%
674.2M
-5.51%
536M
-20.50%
677.306M
26.36%
727.2M
7.37%
773.334M
6.34%
818.166M
5.80%
874.254M
6.86%
EBIT
YoY % growth
CDK ebit by date.CDK ebit by date.
623.7M
-2.41%
574.6M
-7.87%
437.3M
-23.89%
484.967M
10.90%
515.273M
6.25%
592.725M
15.03%
649.298M
9.54%
718.385M
10.64%
Operating Margin
CDK operating margin by date.CDK operating margin by date.
32.57%29.31%26.14%26.67%27.06%29.41%30.92%32.50%
EPS
YoY % growth
CDK eps by date.CDK eps by date.
3.73
14.07%
3.18
-14.75%
2.76
-13.21%
2.96
7.22%
3.26
10.24%
3.69
13.00%
4.07
10.52%
4.55
11.62%

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 22 Q1 / 23 Q2 / 23
EPS
Q2Q % growth
0.80
20.89%
0.76
-1.62%
0.77
3.73%
Revenue
Q2Q % growth
464.223M
10.50%
476.51M
8.30%
485.226M
11.11%
EBITDA
Q2Q % growth
181.656M
-9.35%
179.18M
25.04%
181.243M
8.79%
EBIT
Q2Q % growth
127.661M
25.53%
123.893M
7.08%
123.733M
14.89%

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CDK Yearly Revenue VS EstimatesCDK Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 500M 1B 1.5B 2B
CDK Yearly EPS VS EstimatesCDK Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3 4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
10.13%
EPS Next 5 Year
10.50%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.88%
Revenue Next 5 Year
5.42%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CDK Global Inc / CDK Forecast FAQ

Can you provide the average price target for CDK Global Inc stock?

6 analysts have analysed CDK and the average price target is 58.65 null. This implies a price increase of 7.1% is expected in the next year compared to the current price of 54.76.


Can you provide the upcoming earnings date for CDK Global Inc?

CDK Global Inc (CDK) will report earnings on 2022-08-15.


Can you provide the consensus estimates for CDK Global Inc next earnings?

The consensus EPS estimate for the next earnings of CDK Global Inc (CDK) is 0.8 null and the consensus revenue estimate is 464.22M null.


What is the consensus rating for CDK Global Inc (CDK) stock?

The consensus rating for CDK Global Inc (CDK) is 86.6667 / 100 . This indicates that analysts generally have a positive outlook on the stock.