NASDAQ:CDWCDW Stock Price, Forecast & News

CDW's stock was trading at $102.87 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CDW shares have decreased by 15.5% and is now trading at $86.89. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CDW in the last year. There are currently 1 sell rating, 3 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, May 6th 2020. View our earnings forecast for CDW.

CDW (NASDAQ:CDW) issued its quarterly earnings results on Thursday, February, 6th. The information technology services provider reported $1.57 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.48 by $0.09. The information technology services provider earned $4.54 billion during the quarter, compared to the consensus estimate of $4.40 billion. CDW had a return on equity of 94.72% and a net margin of 4.09%. The business's quarterly revenue was up 11.3% on a year-over-year basis. During the same period last year, the firm earned $1.32 earnings per share. View CDW's earnings history.

CDW announced a quarterly dividend on Thursday, February 6th. Stockholders of record on Tuesday, February 25th will be given a dividend of $0.38 per share on Tuesday, March 10th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Monday, February 24th. View CDW's dividend history.

8 brokers have issued 1 year target prices for CDW's shares. Their forecasts range from $78.00 to $155.00. On average, they expect CDW's share price to reach $120.86 in the next year. This suggests a possible upside of 39.1% from the stock's current price. View analysts' price targets for CDW.

Media headlines about CDW stock have been trending very negative this week, InfoTrie reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CDW earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned headlines about the information technology services provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutCDW.

CDW saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 4,135,700 shares, an increase of 16.5% from the February 27th total of 3,550,000 shares. Based on an average daily volume of 1,868,200 shares, the days-to-cover ratio is currently 2.2 days. Currently, 2.9% of the shares of the company are short sold. View CDW's Current Options Chain.

Some companies that are related to CDW include Chewy (CHWY), Vipshop (VIPS), Wayfair (W), Qurate Retail Inc Series A (QRTEA), Baozun (BZUN), Insight Enterprises (NSIT), Stitch Fix (SFIX), PC Connection (CNXN), Revolve Group (RVLV), PCM (PCMI), Ruhnn (RUHN), Jumia Technologies (JMIA), TELA Bio (MOHO), Overstock.com (OSTK) and Blue Apron (APRN).

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), Northern Tier Energy (NTI), NIC (EGOV), Micron Technology (MU), Zoetis (ZTS) and Aegean Marine Petroleum Network (ANW).

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 Pensionfund DSM Netherlands (0.01%), Pensionfund Sabic (0.01%), Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%) and Fulton Bank N.A. (0.00%). 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, Neal J Campbell, Neil B Fairfield, Paul J Finnegan, 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 Pensionfund DSM Netherlands. Company insiders that have sold CDW company stock in the last year include Collin B Kebo, Douglas E Eckrote, Jill M Billhorn, Mark Chong, 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 Nelson Van Denburg & Campbell Wealth Management Group LLC, Pensionfund Sabic, and Fulton Bank N.A.. 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 $86.89.

CDW has a market capitalization of $12.41 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. View additional information about CDW.

The official website for CDW is http://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]