CDK Global is a provider of integrated data and technology solutions. Co.'s solutions connect people with technology by integrating various parts of the dealership and buying process, including the acquisition, sale, financing, insuring, parts supply, repair and maintenance of vehicles. Co. provides subscription-based software and technology solutions to automotive retailers as well as to retailers and manufacturers of heavy trucks, construction equipment, agricultural equipment, motorcycles, boats, and other marine and recreational vehicles. Co. also provides layered software applications and services, data management and business intelligence solutions, and customer support solutions. We show 19 historical shares outstanding datapoints in our CDK shares outstanding history coverage, used to compute CDK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CDK market cap history over the course of time is important for investors
interested in comparing CDK's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CDK versus a peer is one thing; comparing
CDK market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CDK can fluctuate over the course of history.
With this page we aim to empower investors researching CDK by allowing them to research the CDK market cap history. |
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Video: The Importance of Market Cap
