CDK Global Inc. (CDK)’s Financial Results Comparing With Lyft Inc. (NASDAQ:LYFT)

CDK Global Inc. (NASDAQ:CDK) and Lyft Inc. (NASDAQ:LYFT) are two firms in the Application Software that compete against each other. Below is a …

CDK Global Inc. (NASDAQ:CDK) and Lyft Inc. (NASDAQ:LYFT) are two firms in the Application Software that compete against each other. Below is a comparison of their profitability, institutional ownership, analyst recommendations, risk, dividends, earnings and valuation.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
CDK Global Inc. 52 2.93 N/A 2.92 17.78
Lyft Inc. 59 4.77 N/A -6.35 0.00

Table 1 highlights CDK Global Inc. and Lyft Inc.’s gross revenue, earnings per share and valuation.

Profitability

Table 2 has CDK Global Inc. and Lyft Inc.’s return on equity, net margins and return on assets.

Net Margins Return on Equity Return on Assets
CDK Global Inc. 0.00% -89.9% 12.3%
Lyft Inc. 0.00% 0% 0%

Liquidity

The Current Ratio and Quick Ratio of CDK Global Inc. are 1.2 and 1.2 respectively. Its competitor Lyft Inc.’s Current Ratio is 0.8 and its Quick Ratio is 0.8. CDK Global Inc. can pay off short and long-term obligations better than Lyft Inc.

Analyst Ratings

The next table highlights the delivered recommendations and ratings for CDK Global Inc. and Lyft Inc.

Sell Ratings Hold Ratings Buy Ratings Rating Score
CDK Global Inc. 0 0 0 0.00
Lyft Inc. 0 3 12 2.80

Competitively the consensus target price of Lyft Inc. is $74.13, which is potential 60.80% upside.

Institutional & Insider Ownership

Roughly 84.3% of CDK Global Inc. shares are held by institutional investors while 33.2% of Lyft Inc. are owned by institutional investors. Insiders held 0.44% of CDK Global Inc. shares. Insiders Competitively, held 1.9% of Lyft Inc. shares.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
CDK Global Inc. -2.24% 5.43% -8.57% 6.88% -17.15% 8.33%
Lyft Inc. -6.68% -1.82% 3.61% 0% 0% -22.25%

For the past year CDK Global Inc. has 8.33% stronger performance while Lyft Inc. has -22.25% weaker performance.

Summary

CDK Global Inc. beats on 5 of the 9 factors Lyft Inc.

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. The companyÂ’s solutions automate and integrate various parts of the dealership and buying process from targeted digital advertising and marketing campaigns to the sale, financing, insuring, parts supply, repair, and maintenance of vehicles. It provides solutions to dealers serving approximately 28,000 retail locations and automotive manufacturers. CDK Global, Inc. is headquartered in Hoffman Estates, Illinois.

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Janney Montgomery Scott LLC Acquires New Shares in LYFT Inc (NASDAQ:LYFT)

Janney Montgomery Scott LLC acquired a new position in shares of LYFT Inc (NASDAQ:LYFT) in the 2nd quarter, according to its most recent …

LYFT logoJanney Montgomery Scott LLC acquired a new position in shares of LYFT Inc (NASDAQ:LYFT) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,181 shares of the ride-sharing company’s stock, valued at approximately $800,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Bray Capital Advisors acquired a new stake in shares of LYFT during the 2nd quarter worth about $136,000. Creative Planning boosted its stake in shares of LYFT by 103.5% in the 2nd quarter. Creative Planning now owns 12,732 shares of the ride-sharing company’s stock valued at $837,000 after purchasing an additional 6,477 shares during the last quarter. Sumitomo Life Insurance Co. bought a new position in shares of LYFT in the 2nd quarter valued at about $305,000. Steward Partners Investment Advisory LLC bought a new position in shares of LYFT in the 2nd quarter valued at about $199,000. Finally, Quantitative Systematic Strategies LLC bought a new position in shares of LYFT in the 2nd quarter valued at about $804,000. 34.61% of the stock is owned by institutional investors and hedge funds.

Several research analysts recently weighed in on LYFT shares. Deutsche Bank assumed coverage on shares of LYFT in a research note on Thursday, September 5th. They set a “buy” rating and a $70.00 price objective on the stock. Goldman Sachs Group began coverage on shares of LYFT in a report on Tuesday, June 4th. They issued a “neutral” rating and a $65.00 price objective on the stock. SunTrust Banks boosted their target price on shares of LYFT to $75.00 and gave the stock a “positive” rating in a report on Thursday, August 8th. Canaccord Genuity reaffirmed a “buy” rating and set a $79.00 price objective (up from $75.00) on shares of LYFT in a research report on Thursday, August 8th. Finally, Piper Jaffray Companies boosted their target price on shares of LYFT from $78.00 to $79.00 and gave the company an “overweight” rating in a research report on Thursday, August 8th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and twenty-five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $72.28.

In related news, EVP Ran I. Makavy sold 70,000 shares of the stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $52.11, for a total transaction of $3,647,700.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Kristin Sverchek sold 6,000 shares of the stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $47.97, for a total value of $287,820.00. Following the transaction, the general counsel now directly owns 206,969 shares of the company’s stock, valued at $9,928,302.93. The disclosure for this sale can be found here.

Shares of LYFT traded down $0.89 during mid-day trading on Friday, hitting $46.10. 1,828,623 shares of the company’s stock traded hands, compared to its average volume of 8,469,388. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.73 and a current ratio of 1.73. LYFT Inc has a 1 year low of $43.41 and a 1 year high of $88.60. The business has a 50-day simple moving average of $53.85.

LYFT (NASDAQ:LYFT) last issued its quarterly earnings results on Wednesday, August 7th. The ride-sharing company reported ($0.68) EPS for the quarter, topping analysts’ consensus estimates of ($1.66) by $0.98. The company had revenue of $867.30 million during the quarter, compared to analysts’ expectations of $809.64 million. The business’s revenue for the quarter was up 71.8% compared to the same quarter last year. Research analysts forecast that LYFT Inc will post -11.38 EPS for the current fiscal year.

LYFT Profile

Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It provides Ridesharing Marketplace, which facilitates lead generation, billing and settlement, support, and related activities to enable drivers to provide their transportation services to riders.

Further Reading: What is an economic bubble?

Institutional Ownership by Quarter for LYFT (NASDAQ:LYFT)

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First Allied Advisory Services Inc. Buys Shares of 3859 LYFT Inc (NASDAQ:LYFT)

First Allied Advisory Services Inc. purchased a new stake in LYFT Inc (NASDAQ:LYFT) in the second quarter, according to its most recent filing with the …

LYFT logoFirst Allied Advisory Services Inc. purchased a new stake in LYFT Inc (NASDAQ:LYFT) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,859 shares of the ride-sharing company’s stock, valued at approximately $254,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Hartford Financial Management Inc. bought a new position in shares of LYFT in the 1st quarter valued at $39,000. Amundi Pioneer Asset Management Inc. bought a new position in shares of LYFT in the 1st quarter valued at $39,000. Catalyst Capital Advisors LLC bought a new position in shares of LYFT in the 2nd quarter valued at $34,000. Flagship Harbor Advisors LLC bought a new position in shares of LYFT in the 2nd quarter valued at $37,000. Finally, Parallel Advisors LLC bought a new position in shares of LYFT in the 2nd quarter valued at $38,000. Institutional investors own 34.61% of the company’s stock.

Shares of NASDAQ:LYFT opened at $46.10 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.73 and a quick ratio of 1.73. LYFT Inc has a 12-month low of $43.41 and a 12-month high of $88.60. The stock’s fifty day moving average is $53.85.

LYFT (NASDAQ:LYFT) last announced its earnings results on Wednesday, August 7th. The ride-sharing company reported ($0.68) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($1.66) by $0.98. The company had revenue of $867.30 million for the quarter, compared to the consensus estimate of $809.64 million. The firm’s quarterly revenue was up 71.8% on a year-over-year basis. Analysts expect that LYFT Inc will post -11.38 earnings per share for the current fiscal year.

In other LYFT news, General Counsel Kristin Sverchek sold 6,000 shares of the stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $47.97, for a total transaction of $287,820.00. Following the completion of the sale, the general counsel now directly owns 206,969 shares in the company, valued at approximately $9,928,302.93. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ran I. Makavy sold 70,000 shares of the stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $52.11, for a total value of $3,647,700.00. The disclosure for this sale can be found here.

A number of brokerages have recently commented on LYFT. Stifel Nicolaus reiterated a “buy” rating and issued a $80.00 price target on shares of LYFT in a research note on Thursday, August 8th. Barclays increased their price target on LYFT from $55.00 to $63.00 and gave the company a “positive” rating in a research note on Thursday, August 8th. Piper Jaffray Companies increased their price target on LYFT from $78.00 to $79.00 and gave the company an “overweight” rating in a research note on Thursday, August 8th. Credit Suisse Group increased their price target on LYFT from $95.00 to $96.00 and gave the company an “outperform” rating in a research note on Thursday, August 8th. Finally, Monness Crespi & Hardt began coverage on LYFT in a research note on Monday, July 1st. They issued a “neutral” rating for the company. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-five have given a buy rating to the stock. LYFT has an average rating of “Buy” and an average target price of $72.28.

LYFT Profile

Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It provides Ridesharing Marketplace, which facilitates lead generation, billing and settlement, support, and related activities to enable drivers to provide their transportation services to riders.

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Want to see what other hedge funds are holding LYFT?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LYFT Inc (NASDAQ:LYFT).

Institutional Ownership by Quarter for LYFT (NASDAQ:LYFT)

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Have a gripe on this- Lyft, Inc. (NASDAQ:LYFT)

On Thursday, Lyft, Inc. (NASDAQ:LYFT) reached at $46.99 price level during last trade its distance from 20 days simple moving average was -4.79%, …

On Thursday, Lyft, Inc. (NASDAQ:LYFT) reached at $46.99 price level during last trade its distance from 20 days simple moving average was -4.79%, and its distance from 50 days simple moving average was -17.62% while it has a distance of -20.30% from the 200 days simple moving average.

Past 5 years growth of LYFT observed at N/A, and for the next five years the analysts that follow this company are expecting its growth at N/A. The average true range (ATR) is a measure of volatility introduced by Welles Wilder in his book, “New Concepts in Technical Trading Systems.” The true range indicator is the greatest of the following: current high less the current low, the absolute value of the current high less the previous close and the absolute value of the current low less the previous close. The average true range is a moving average, generally 14 days, of the true ranges.

Liquidity:

The stock has a market cap of $14.35B with 305.32M shares outstanding, of which the float was 195.73M shares. Analysts consider this stock active, since it switched Trading volume reached 5,002,727 shares as compared to its average volume of 4.97M shares. The Average Daily Trading Volume (ADTV) demonstrates trading activity related to the liquidity of the security. When Ave Volume tends to increase, it shows enhanced liquidity.

But when Ave Volume is lower, the security will tend to be cheap as people are not as keen to purchase it. Hence, it might have an effect on the worth of the security. LYFT’s relative volume was 1.01. Relative volume is a great indicator to keep a close eye on, but like most indicators it works best in conjunction with other indicators and on different time frames. Higher relative volume you will have more liquidity in the stock which will tighten spreads and allow you to trade with more size without a ton of slippage.

Important Technical Indicators Analysis Report and Volatility Measures:

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. Beta is used in the capital asset pricing model (CAPM), which calculates the predictable return of an asset based on its beta and predictable market returns. Beta is also known as the beta coefficient.

A beta of 1 indicates that the security’s price moves with the market. A beta of less than 1 means that the security is theoretically less volatile than the market. A beta of greater than 1 indicates that the security’s price is theoretically more volatile than the market. After a recent check, beta value for this stock comes out to be N/A. A statistical measure of the dispersion of returns (volatility) for LYFT producing salvation in Investors mouth, it has week volatility of 5.31% and for the month booked as 5.05%. Regardless of which metric you utilize, a firm understanding of the concept of volatility and how it is measured is essential to successful investing. A stock that maintains a relatively stable price has low volatility. When investing in a volatile security, the risk of success is increased just as much as the risk of failure.

The volatility value is used by the investors for various reasons and purposes in measuring the fundamental price change and the rate of variation in LYFT’s price. The ART is a specific type of indicator, which is capable of weighing up stock volatility in the financial markets effectively.

Lyft, Inc. has an average true range (ATR) of 2.71. Other technical indicators are worth considering in assessing the prospects for EQT. LYFT’s price to sales ratio for trailing twelve months was 4.95 and price to book ratio for most recent quarter was 4.14, whereas price to cash per share for the most recent quarter was 4.33. The Company’s price to free cash flow for trailing twelve months was N/A. Its quick ratio for most recent quarter was 1.70. Analysts mean recommendation for the stock was 2.30. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Should You Go With High Insider Ownership?

Many value investors look for stocks with a high percent of insider ownership, under the theory that when management are shareholders, they will act in its own self interest, and create shareholder value in the long-term. This aligns the interests of shareholders with management, thus benefiting everyone. While this sounds great in theory, high insider ownership can actually lead to the opposite result, a management team that is unaccountable because they can keep their jobs under almost any circumstance.

Lyft, Inc.‘s shares owned by insiders remained 1.80%, whereas shares owned by institutional owners are 36.60%.

Where Do Relative Strength Index (RSI) Stands?

Perhaps, it is one of the most important indicators, because it is used in the technical analysis of the stock in the money market. The relative strength index (RSI) is claimed to depict the latest and past performances of the stock market, based upon the ending price volumes of the current trading period. The RSI is characterized as a momentum oscillator, evaluating the speed and scale of directional price shifts. The momentum exemplifies both rising and falling rates of the Price in the stock market. Using RSI, you can calculate momentum as the percentage of elevated closes to reduced closes. But if the stocks have experienced optimistic changes rapidly, then it might have an increased RSI than stocks. So, it might cause negative changes in the market.

The RSI index is largely used by traders on a 14-day time period and is evaluated on a range from 0 to 100, along with both high and low volumes marked at 70 and 30, correspondingly. Both the shorter and longer timeframes are used by the traders for shorter and longer purposes. It further adds high and low ranges like from 80 to 20 and from 90 to 10. This trend takes place less repeatedly.

However, it represents stronger momentum in the market. In the meantime, the Accenture plc’s 14-day RSI was settled at 37.57. All in all, the trends of the stock market were shifting slowly but surely.

Meanwhile, LYFT traded under umbrella of Technology sector, the stock was traded -46.96% ahead of its 52-week high and 8.25% beyond its 52-week low. So, both the price and 52-week high indicators would give you a clear-cut picture to evaluate the price direction.

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LYFT Inc (NASDAQ:LYFT) EVP Ran I. Makavy Sells 70000 Shares

LYFT Inc (NASDAQ:LYFT) EVP Ran I. Makavy sold 70,000 shares of the business’s stock in a transaction that occurred on Monday, August 19th.

LYFT logoLYFT Inc (NASDAQ:LYFT) EVP Ran I. Makavy sold 70,000 shares of the business’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $52.11, for a total value of $3,647,700.00. The sale was disclosed in a filing with the SEC, which is available through this link.

Shares of LYFT stock traded down $0.48 during trading hours on Friday, hitting $46.51. 26,656 shares of the company’s stock traded hands, compared to its average volume of 7,999,799. The stock has a fifty day moving average price of $54.23. LYFT Inc has a 12-month low of $43.41 and a 12-month high of $88.60. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.73 and a current ratio of 1.73.

LYFT (NASDAQ:LYFT) last released its earnings results on Wednesday, August 7th. The ride-sharing company reported ($0.68) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.66) by $0.98. The business had revenue of $867.30 million for the quarter, compared to analysts’ expectations of $809.64 million. The company’s revenue for the quarter was up 71.8% compared to the same quarter last year. As a group, sell-side analysts forecast that LYFT Inc will post -11.38 earnings per share for the current fiscal year.

Several equities analysts recently commented on LYFT shares. BTIG Research initiated coverage on LYFT in a research note on Tuesday, June 4th. They issued a “buy” rating and a $77.00 price objective on the stock. Royal Bank of Canada assumed coverage on LYFT in a research note on Tuesday, June 4th. They issued an “outperform” rating and a $72.00 target price on the stock. Credit Suisse Group increased their target price on LYFT from $95.00 to $96.00 and gave the company an “outperform” rating in a research note on Thursday, August 8th. Evercore ISI assumed coverage on LYFT in a research note on Wednesday, June 12th. They issued an “outperform” rating and a $74.00 target price on the stock. Finally, Macquarie assumed coverage on LYFT in a research note on Tuesday, June 4th. They issued an “outperform” rating on the stock. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-five have given a buy rating to the stock. LYFT currently has an average rating of “Buy” and a consensus target price of $72.28.

Several institutional investors and hedge funds have recently made changes to their positions in LYFT. Oppenheimer Asset Management Inc. bought a new stake in LYFT in the 1st quarter worth approximately $414,000. Creative Planning purchased a new stake in shares of LYFT during the 1st quarter valued at about $490,000. Daiwa Securities Group Inc. purchased a new stake in shares of LYFT during the 1st quarter valued at about $219,000. SG Americas Securities LLC purchased a new stake in shares of LYFT during the 1st quarter valued at about $626,000. Finally, Janus Henderson Group PLC purchased a new stake in shares of LYFT during the 1st quarter valued at about $35,111,000. 34.61% of the stock is owned by institutional investors.

LYFT Company Profile

Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It provides Ridesharing Marketplace, which facilitates lead generation, billing and settlement, support, and related activities to enable drivers to provide their transportation services to riders.

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