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NASDAQ:CDW

CDW (CDW) Stock Price, News & Analysis

$229.74
+1.12 (+0.49%)
(As of 07/26/2024 ET)
Today's Range
$227.16
$231.52
50-Day Range
$214.80
$239.84
52-Week Range
$184.99
$263.37
Volume
988,622 shs
Average Volume
789,642 shs
Market Capitalization
$30.88 billion
P/E Ratio
28.68
Dividend Yield
1.08%
Price Target
$251.11

CDW MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
9.3% Upside
$251.11 Price Target
Short Interest
Healthy
2.45% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.05
Upright™ Environmental Score
News Sentiment
0.64mentions of CDW in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$4.43 M Sold Last Quarter
Proj. Earnings Growth
9.10%
From $9.67 to $10.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.67 out of 5 stars

Computer And Technology Sector

82nd out of 612 stocks

Catalog & Mail - Order Houses Industry

3rd out of 23 stocks

CDW stock logo

About CDW Stock (NASDAQ:CDW)

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. It also provides hardware products comprising notebooks/mobile devices, tablets, network communications, desktop computers, collaboration, data storage and servers, and others; and software products, such as cloud solutions, software assurance, application suites, security, virtualization, operating systems, and network management. In addition, the company offers advisory and design, software development, implementation, managed, professional, configuration, partner, and telecom services, as well as warranties; delivers and manages mission critical software, systems, and network solutions; and implementation and installation, and repair services to its customers through various third-party service providers. It serves government, education, and healthcare customers; and small, medium, and large business customers. CDW Corporation was founded in 1984 and is headquartered in Vernon Hills, Illinois.

CDW Stock Price History

CDW Stock News Headlines

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CDW Corporation (NASDAQ:CDW) Upgraded by Northcoast
CDW Corporation: 2 Major Growth Catalysts Ahead
Collision Damage Waiver (CDW)
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 6/11 Dividend
5/23/2024
Dividend Payable
6/11/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
Retail
Current Symbol
NASDAQ:CDW
Fax
N/A
Employees
10,900
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$251.11
High Stock Price Target
$300.00
Low Stock Price Target
$216.00
Potential Upside/Downside
+9.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$1.10 billion
Pretax Margin
6.76%

Debt

Sales & Book Value

Annual Sales
$21.38 billion
Cash Flow
$11.75 per share
Book Value
$15.25 per share

Miscellaneous

Free Float
133,188,000
Market Cap
$30.88 billion
Optionable
Optionable
Beta
1.04

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Should I Buy CDW Stock? CDW Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in CDW Co.:

  • CDW's stock price has shown resilience, currently trading at $235.49, indicating potential stability and growth.
  • CDW has consistently received positive ratings from analysts, with an average rating of "Moderate Buy" and a target price of $250.00, suggesting confidence in the company's performance.
  • CDW's recent dividend announcement of $0.62 per share on an annualized basis with a yield of 1.11% can provide investors with a steady income stream.
  • CDW's strong financial metrics, including a return on equity of 67.56% and a net margin of 5.16%, showcase the company's profitability and efficiency.
  • CDW's market cap of $31.65 billion and a PE ratio of 29.40 indicate a solid position in the market and potential for future growth.

Cons

Investors should be bearish about investing in CDW Co. for these reasons:

  • CDW's recent earnings report showed a miss on EPS, which may raise concerns about the company's ability to meet analyst expectations and sustain growth.
  • CDW's PEG ratio of 3.42 suggests that the stock may be overvalued relative to its earnings growth potential, posing a risk for investors.
  • CDW's debt-to-equity ratio of 2.35 indicates a relatively high level of debt, which could impact the company's financial flexibility and increase risk.
  • CDW's 52-week high of $263.37 may signal a potential resistance level for the stock, limiting short-term upside potential for investors.
  • CDW's beta of 1.06 implies a moderate correlation with the overall market, which may result in increased volatility in the stock price.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these CDW pros and cons to contact@marketbeat.com.

CDW Stock Analysis - Frequently Asked Questions

How have CDW shares performed this year?

CDW's stock was trading at $227.32 on January 1st, 2024. Since then, CDW shares have increased by 1.1% and is now trading at $229.74.
View the best growth stocks for 2024 here
.

How were CDW's earnings last quarter?

CDW Co. (NASDAQ:CDW) issued its earnings results on Wednesday, May, 1st. The information technology services provider reported $1.89 EPS for the quarter, missing analysts' consensus estimates of $2.04 by $0.15. The information technology services provider earned $4.87 billion during the quarter, compared to analysts' expectations of $4.94 billion. CDW had a trailing twelve-month return on equity of 67.56% and a net margin of 5.16%.

How will CDW's stock buyback program work?

CDW's Board of Directors authorized a stock buyback program on Wednesday, February 7th 2024, which authorizes the company to buy back $750,000,000 in shares, according to EventVestor. This means that the company could reacquire up to 2.4% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

Does CDW have any subsidiaries?

CDW subsidiaries include Aptris Inc, Scalar Decisions, Kelway TopCo Limited, Berbee, CDW Canada Corp., CDW Direct LLC, CDW Finance Bidco Limited, and more.

Who are CDW's major shareholders?

CDW's top institutional investors include Bank of New York Mellon Corp (0.73%), Argent Capital Management LLC (0.30%), Ceredex Value Advisors LLC (0.26%) and Sumitomo Mitsui Trust Holdings Inc. (0.24%). Insiders that own company stock include Christine A Leahy, Christina M Corley, Sona Chawla, Donna F Zarcone and Albert Joseph Miralles Jr.
View institutional ownership trends
.

How do I buy shares of CDW?

Shares of CDW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CDW own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CDW investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Accenture (ACN) and Athabasca Oil (ATH).

This page (NASDAQ:CDW) was last updated on 7/26/2024 by MarketBeat.com Staff

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