Barrington analyst Gary Prestopino maintained a Buy rating on CDK Global (NASDAQ:CDK) on Tuesday, setting a price target of $55, which is approximately 23.76% above the present share price of $44.44.
Prestopino expects CDK Global to post earnings per share (EPS) of $0.47 for the third quarter of 2020.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in CDK Global, with an average price target of $56.75.
The analysts price targets range from a high of $60 to a low of $55.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $516.3 million and a net profit of $168 million. The company's market cap is $5.4 billion.
According to TipRanks.com, Barrington analyst Gary Prestopino is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.8% and a 46.55% success rate.
CDK Global, Inc. engages in the provision of integrated information technology and digital marketing solutions to the automotive retail industry. It operates through following segments: CDK North America and CDK International. The CDK North America segment provides technology-based solutions. The CDK International segment caters to the United States and Canada. The company was founded on September 30, 2014 and is headquartered in Hoffman Estates, IL.