CDW Stock Forecast, Price & News

CDW's stock was trading at $102.87 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CDW shares have increased by 9.6% and is now trading at $112.74.
View which stocks have been most impacted by COVID-19.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CDW in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for CDW.

CDW is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for CDW.

CDW (NASDAQ:CDW) released its earnings results on Wednesday, August, 5th. The information technology services provider reported $1.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.38 by $0.18. The information technology services provider earned $4.37 billion during the quarter, compared to the consensus estimate of $4.36 billion. CDW had a net margin of 4.09% and a return on equity of 94.36%. CDW's revenue was down 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.60 earnings per share.
View CDW's earnings history.

CDW declared a quarterly dividend on Wednesday, August 5th. Shareholders of record on Tuesday, August 25th will be given a dividend of $0.38 per share on Thursday, September 10th. This represents a $1.52 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Monday, August 24th.
View CDW's dividend history.

8 Wall Street analysts have issued 12-month price targets for CDW's stock. Their forecasts range from $115.00 to $150.00. On average, they expect CDW's share price to reach $130.13 in the next year. This suggests a possible upside of 15.4% from the stock's current price.
View analysts' price targets for CDW.

CDW saw a increase in short interest in September. As of September 15th, there was short interest totaling 1,950,000 shares, an increase of 23.4% from the August 31st total of 1,580,000 shares. Based on an average trading volume of 822,500 shares, the short-interest ratio is presently 2.4 days. Approximately 1.4% of the shares of the company are sold short.
View CDW's Short Interest.

Some companies that are related to CDW include Wayfair (W), Chewy (CHWY), Vipshop (VIPS), Qurate Retail Inc Series A (QRTEA), Overstock.com (OSTK), Stitch Fix (SFIX), Baozun (BZUN), Insight Enterprises (NSIT), Revolve Group (RVLV), PC Connection (CNXN), Jumia Technologies (JMIA), PCM (PCMI), EVINE Live (EVLV), Ruhnn (RUHN) and Lightinthebox (LITB).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other CDW investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Athabasca Oil (ATH), Zoetis (ZTS), Accenture (ACN), Intel (INTC) and Northern Tier Energy (NTI).

CDW trades on the NASDAQ under the ticker symbol "CDW."

CDW's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (11.65%), Kayne Anderson Rudnick Investment Management LLC (3.34%), Neuberger Berman Group LLC (2.18%), FMR LLC (2.02%), Bank of New York Mellon Corp (0.84%) and Victory Capital Management Inc. (0.82%). Company insiders that own CDW stock include Christina M Corley, Christina V Rother, Christine A Leahy, Collin B Kebo, Douglas E Eckrote, Frederick J Kulevich, Jill M Billhorn, Mark Chong, Matthew A Troka, Neil B Fairfield, Robert F Kirby, Steven W Alesio and Thomas E Richards.
View institutional ownership trends for CDW.

CDW stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Nuveen Asset Management LLC, AQR Capital Management LLC, Robeco Institutional Asset Management B.V., Sumitomo Mitsui Trust Holdings Inc., Wedge Capital Management L L P NC, and Goldman Sachs Group Inc.. Company insiders that have sold CDW company stock in the last year include Collin B Kebo, Douglas E Eckrote, Mark Chong, Matthew A Troka, Robert F Kirby, and Thomas E Richards.
View insider buying and selling activity for CDW.

CDW stock was bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Thrivent Financial for Lutherans, Neuberger Berman Group LLC, Kayne Anderson Rudnick Investment Management LLC, BNP PARIBAS ASSET MANAGEMENT Holding S.A., Bessemer Group Inc., Nordea Investment Management AB, and Guardian Capital LP.
View insider buying and selling activity for CDW.

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

One share of CDW stock can currently be purchased for approximately $112.74.

CDW has a market capitalization of $16.08 billion and generates $18.03 billion in revenue each year. The information technology services provider earns $736.80 million in net income (profit) each year or $6.02 on an earnings per share basis. CDW employs 6,800 workers across the globe.

The official website for CDW is www.cdw.com.

CDW's mailing address is 75 TRI-STATE INTERNATIONAL, LINCOLNSHIRE IL, 60069. The information technology services provider can be reached via phone at 847-465-6000 or via email at [email protected]