CDK

CDK Global Inc.

Consumer, Industrial/Transportation


Presented:12/03/2014
Price:$40.56
Cap:$6.52B
Current Price:$54.76
Cap:$6.65B

Presented

Date12/03/2014
Price$40.56
Market Cap$6.52B
Ent Value$7.16B
P/E Ratio29.94x
Book Value$4.58
Div Yield1.2%
Shares O/S160.63M
Ave Daily Vol4,110,000
Short Int0.90%

Current

Price$54.76
Market Cap$6.65B

Publicly traded companies mentioned herein: Automatic Data Processing (ADP), CDK Global Inc (CDK)

Highlights

The presenter sees a favorable risk/ reward (at $40-41), and potential win/ win situation for investors in shares of CDK Global (CDK; formerly ADP Dealer Services) over the next 12-24 months. CDK recently spun off from ADP on September 30, 2014 and has become a target of activist investors; it provides information technology solutions and digital marketing/media support to automotive, truck, and other dealerships around the world. The presenter said its software is viewed as the gold standard in the industry, and the company has been taking share from its main competitor Reynolds & Reynolds.

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Idea Discussion

Commentor 1 - 2 weeks ago

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