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 RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CDK Global Inc.522.93N/A2.9217.78
Lyft Inc.594.77N/A-6.350.00

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 MarginsReturn on EquityReturn 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 RatingsHold RatingsBuy RatingsRating Score
CDK Global Inc.0000.00
Lyft Inc.03122.80

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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Avestar Capital LLC Makes New Investment in Uber Technologies Inc (NYSE:UBER)

Foundation Capital LLC bought a new position in shares of Uber Technologies during the second quarter valued at approximately $34,801,000.

Uber Technologies logoAvestar Capital LLC acquired a new stake in Uber Technologies Inc (NYSE:UBER) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 629 shares of the ride-sharing company’s stock, valued at approximately $27,000.

A number of other hedge funds have also modified their holdings of the business. Enlightenment Research LLC purchased a new stake in Uber Technologies during the second quarter valued at about $543,000. Burleson & Company LLC bought a new position in Uber Technologies in the second quarter worth about $289,000. National Asset Management Inc. bought a new position in shares of Uber Technologies during the second quarter valued at approximately $642,000. Foundation Capital LLC bought a new position in shares of Uber Technologies during the second quarter valued at approximately $34,801,000. Finally, State Board of Administration of Florida Retirement System bought a new position in shares of Uber Technologies during the second quarter valued at approximately $864,000. 45.32% of the stock is currently owned by institutional investors and hedge funds.

Uber Technologies stock traded down $0.82 during midday trading on Friday, hitting $33.25. 9,206,427 shares of the stock were exchanged, compared to its average volume of 8,745,539. The stock’s 50-day moving average price is $36.41. The company has a current ratio of 2.57, a quick ratio of 2.57 and a debt-to-equity ratio of 0.36. Uber Technologies Inc has a fifty-two week low of $30.67 and a fifty-two week high of $47.08.

Uber Technologies (NYSE:UBER) last issued its quarterly earnings results on Thursday, August 8th. The ride-sharing company reported ($4.72) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($3.33) by ($1.39). The company had revenue of $3.17 billion for the quarter, compared to the consensus estimate of $3.39 billion. During the same period in the prior year, the company earned ($2.01) EPS. The firm’s revenue was up 14.4% compared to the same quarter last year. As a group, analysts forecast that Uber Technologies Inc will post -7.2 EPS for the current year.

Several equities research analysts recently weighed in on UBER shares. Mizuho initiated coverage on shares of Uber Technologies in a research report on Tuesday, June 4th. They set a “buy” rating and a $50.00 price target for the company. Stifel Nicolaus began coverage on shares of Uber Technologies in a report on Tuesday, July 2nd. They issued a “hold” rating and a $50.00 target price on the stock. Needham & Company LLC set a $52.00 price target on shares of Uber Technologies and gave the stock a “buy” rating in a research note on Thursday, July 11th. Morgan Stanley decreased their price objective on shares of Uber Technologies from $57.00 to $53.00 and set an “overweight” rating on the stock in a research report on Thursday. They noted that the move was a valuation call. Finally, Canaccord Genuity started coverage on shares of Uber Technologies in a report on Tuesday, June 4th. They issued a “buy” rating and a $55.00 target price on the stock. Ten research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $53.50.

Uber Technologies Profile

Uber Technologies, Inc develops and supports proprietary technology applications that enable independent providers of ridesharing, and meal preparation and delivery services to transact with end-users worldwide. The company operates in two segments, Core Platform and Other Bets. Its driver partners provide ridesharing services through a range of vehicles, such as cars, auto rickshaws, motorbikes, minibuses, or taxis, as well as based on the number of riders under the UberBLACK, UberX, UberPOOL, Express POOL, and Uber Bus names; and restaurant and delivery partners provide meal preparation and delivery services under the Uber Eats name.

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Institutional Ownership by Quarter for Uber Technologies (NYSE:UBER)

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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.

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Institutional Ownership by Quarter for LYFT (NASDAQ:LYFT)

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Lyft Driver Held at Gunpoint, Shot at in Richmond

A Lyft driver was held at gunpoint trying while picking up a rideshare passenger Thursday night. The driver who wishes to remain anonymous picked …

A Lyft driver was held at gunpoint while picking up a rideshare passenger Thursday night.

The driver who wished to remain anonymous picked up a fare on 13th Street in north Richmond. According the Lyft driver, the passenger immediately pulled a gun on him.

“As soon as he stepped into the car he pulled the gun on me and he hijacked me,” the driver said.

The passenger diverted him from his original Sausalito destination and told him to head south. The passenger told the driver to pull off to Richmond Parkway to a store so he could get cigarettes.

That’s when the driver began thinking how he could get away, but the driver hesitated. The Lyft driver realized that he needed to toss the bag out of fear that if he drove off with it, the man could track him down.

“I wanted to throw his bag out but at the same time he came out,” the Lyft driver said. “He started firing on me.”

The suspect unloaded half-a-dozen shots, one that went right through the windshield ad hit the dashboard.

The driver then pressed the emergency call signal on the Lyft app, and drove away. He managed to call police and stayed with the dispatcher to make him aware of his location.

He drove to the Berkeley police station where officers met him and assured him he was safe, but the driver says his ride sharing days may be over.

In a statement, Lyft said the company is cooperating with investigators.

“We are disturbed by this report. There is no place for this behavior on our platform. Safety is fundamental to Lyft and we have a strict no weapons policy for both riders and drivers. We have reached out to the driver to extend our support,”

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The assault on ‘contract employees’ isn’t about helping workers at all

California’s new law aims to force the likes of Uber, Lyft and Postmates to classify workers as employees, not independent contractors. But the main …

Gov. Andrew Cuomo is talking about “protecting” New Yorkers from employment as independent contractors. He’d be wise to see how it works out in California, first.

“More people should be considered employees because what has been happening is companies have been going out of their way to hire independent contractors to get out” of offering them benefits, the gov said recently. Really?

California’s new law aims to force the likes of Uber, Lyft and Postmates to classify workers as employees, not independent contractors. But the main force pushing for the law is organized labor, because these arrangements make unionizing difficult.

Sure, advocates claim the idea is to make companies to offer benefits like health insurance and end exemptions from minimum-wage and overtime laws. Yet everyone working as an independent contractor knows the deal before they sign up. They take it because they see other benefits, from the ability to work for many different “bosses” to the power to control their own work schedules.

And the California law already has lots of happy workers worried: Travel agents, for example, see their livelihood threatened. Freelance journalists would also be panicking if the law hadn’t specifically exempted them, along with other professions that mobilized in time, such as doctors, securities dealers, insurers and real estate agents.

Uber and Lyft, meanwhile, will fight the law in court — so it may only hit much smaller businesses, with far tighter profit margins.

If Cuomo really means to stand up for workers, rather than do another favor for unions, he’ll at least put this idea on hold until a lot more evidence rolls in.

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