NASDAQ:CDWCDW Stock Price, Forecast & News

CDW's stock was trading at $102.87 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CDW shares have increased by 7.8% and is now trading at $110.91. View which stocks have been most impacted by Coronavirus.

7 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 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for CDW.

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

CDW (NASDAQ:CDW) issued its quarterly earnings data on Wednesday, May, 6th. The information technology services provider reported $1.38 EPS for the quarter, topping the Zacks' consensus estimate of $1.34 by $0.04. The information technology services provider had revenue of $4.39 billion for the quarter, compared to analysts' expectations of $4.38 billion. CDW had a return on equity of 97.93% and a net margin of 4.07%. The company's quarterly revenue was up 10.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.24 earnings per share. View CDW's earnings history.

CDW declared a quarterly dividend on Wednesday, May 6th. Stockholders of record on Monday, May 25th will be given a dividend of $0.38 per share on Wednesday, June 10th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date of this dividend is Thursday, May 21st. View CDW's dividend history.

CDW updated its first quarter 2020 Pre-Market earnings guidance on Thursday, April, 16th. The company provided EPS guidance of 1.38-1.38 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.29. The company issued revenue guidance of $4.39-4.39 billion, compared to the consensus revenue estimate of $4.15 billion.

7 brokers have issued 12-month price objectives for CDW's stock. Their forecasts range from $91.00 to $150.00. On average, they expect CDW's stock price to reach $120.86 in the next year. This suggests a possible upside of 9.0% from the stock's current price. View analysts' price targets for CDW.

News stories about CDW stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. CDW earned a coverage optimism score of -1.1 on InfoTrie's scale. They also assigned news stories about the information technology services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutCDW.

CDW saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 2,110,000 shares, a decline of 7.9% from the April 30th total of 2,290,000 shares. Based on an average trading volume of 1,410,000 shares, the short-interest ratio is presently 1.5 days. Currently, 1.5% of the shares of the company are sold short. View CDW's Current Options Chain.

Some companies that are related to CDW include Chewy (CHWY), Wayfair (W), Vipshop (VIPS), Qurate Retail Inc Series A (QRTEA), Stitch Fix (SFIX), Insight Enterprises (NSIT), Baozun (BZUN), PC Connection (CNXN), Revolve Group (RVLV), Overstock.com (OSTK), PCM (PCMI), Jumia Technologies (JMIA), EVINE Live (EVLV), Ruhnn (RUHN) and TELA Bio (MOHO). 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), Athabasca Oil (ATH), Micron Technology (MU), Northern Tier Energy (NTI), NIC (EGOV), Zoetis (ZTS) and Workday (WDAY).

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

CDW's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.24%), State Street Corp (4.25%), Wellington Management Group LLP (4.18%), Alliancebernstein L.P. (2.44%), Atlanta Capital Management Co. L L C (1.66%) and Geode Capital Management LLC (1.62%). 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 BlackRock Inc., Atlanta Capital Management Co. L L C, APG Asset Management N.V., 1832 Asset Management L.P., APG Asset Management N.V., APG Asset Management N.V., Wells Fargo & Company MN, and First Trust Advisors LP. Company insiders that have sold CDW company stock in the last year include Collin B Kebo, Douglas E Eckrote, Jill M Billhorn, Mark Chong, Matthew A Troka, Neil B Fairfield, Robert F Kirby, and Thomas E Richards. View insider buying and selling activity for CDW.

CDW stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., The Manufacturers Life Insurance Company , 1832 Asset Management L.P., Janus Henderson Group PLC, Sumitomo Mitsui Trust Holdings Inc., Evercore Wealth Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, and CIBC Asset Management Inc. 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 $110.91.

CDW has a market capitalization of $15.78 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]