NASDAQ:CDWCDW Stock Price, Forecast & News

$109.65

-0.69 (-0.63 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$108.39

Now: $109.65▼

$111.66

50-Day Range

$97.81

MA: $105.18▼

$111.29

52-Week Range

$73.39

Now: $109.65▼

$146.09

Volume644,300 shs

Average Volume904,676 shs

Market Capitalization$15.60 billion

P/E Ratio21.37

Dividend Yield1.38%

Beta1.23

CDW Corporation provides integrated information technology (IT) solutions to business, government, education, and healthcare customers in the United States, Canada, and the United Kingdom. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products, as well as integrated IT solutions, including mobility, security, data center optimization, cloud computing, virtualization, and collaboration. Its hardware products comprise notebooks/mobile devices, tablets, network communications, desktop computers, video monitors, enterprise and data storage, printers, and servers; and software products include application suites, security, virtualization, operating systems, and network management. The company also provides warranties, managed services, and consulting design and implementation services. CDW Corporation was founded in 1984 and is based in Lincolnshire, Illinois.

Beat the Market (BTM) Rank^™

2.2 Analyst's Opinion

Consensus Rating
CDW has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 4 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $120.86, CDW has a potential upside of 10.2% from its current price of $109.65.
Amount of Analyst Coverage
CDW has only been the subject of 4 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
CDW has received 518 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
CDW has received 380 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
CDW has received 57.68% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about CDW and other stocks. Vote “Outperform” if you believe CDW will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CDW will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
CDW is a leading dividend payer. It pays a dividend yield of 1.38%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
CDW has been increasing its dividend for 6 years.
Dividend Coverage
The dividend payout ratio of CDW is 25.25 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, CDW will have a dividend payout ratio of 25.72 % next year. This indicates that CDW will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CDW insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,241,881.00 in company stock.
Percentage Held by Insiders
Only 1.33% of the stock of CDW is held by insiders.
Percentage Held by Institutions
89.40% of the stock of CDW is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for CDW are expected to grow by 12.14% in the coming year, from $5.27 to $5.91 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CDW is 21.37, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.81.
Price to Earnings Ratio vs. Sector
The P/E ratio of CDW is 21.37, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.59.
Price to Earnings Growth Ratio
CDW has a PEG Ratio of 1.60. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
CDW has a P/B Ratio of 17.54. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.31 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Catalog & mail-order houses

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:CDW

Previous Symbol

CUSIPN/A

CIK1402057

Webwww.cdw.com

Phone847-465-6000

Debt

Debt-to-Equity Ratio4.01

Current Ratio1.28

Quick Ratio1.10

Price-To-Earnings

Trailing P/E Ratio21.37

Forward P/E Ratio20.81

P/E Growth1.6

Sales & Book Value

Annual Sales$18.03 billion

Price / Sales0.87

Cash Flow$8.00 per share

Price / Cash Flow13.70

Book Value$6.25 per share

Price / Book17.54

Profitability

EPS (Most Recent Fiscal Year)$6.02

Net Income$736.80 million

Net Margins4.07%

Return on Equity97.93%

Return on Assets11.44%

Miscellaneous

Employees6,800

Outstanding Shares142,260,000

Market Cap$15.60 billion

Next Earnings Date7/29/2020 (Estimated)

OptionableOptionable

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CDW (NASDAQ:CDW) Frequently Asked Questions

How has CDW's stock been impacted by COVID-19 (Coronavirus)?

CDW's stock was trading at $102.87 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CDW stock has increased by 6.6% and is now trading at $109.65. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of CDW?

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.

When is CDW's next earnings date?

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

How were CDW's earnings last quarter?

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

How often does CDW pay dividends? What is the dividend yield for CDW?

CDW declared a quarterly dividend on Wednesday, May 6th. Shareholders of record on Monday, May 25th will be paid a dividend of $0.38 per share on Wednesday, June 10th. This represents a $1.52 annualized dividend and a yield of 1.39%. The ex-dividend date is Thursday, May 21st. View CDW's dividend history.

What guidance has CDW issued on next quarter's earnings?

CDW issued an update on its first quarter 2020 Pre-Market earnings guidance on Thursday, April, 16th. The company provided earnings per share guidance of 1.38-1.38 for the period, compared to the Thomson Reuters consensus 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.

What price target have analysts set for CDW?

7 analysts 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 10.2% from the stock's current price. View analysts' price targets for CDW.

Has CDW been receiving favorable news coverage?

News articles about CDW stock have trended somewhat positive on Friday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. CDW earned a coverage optimism score of 0.7 on InfoTrie's scale. They also assigned headlines about the information technology services provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutCDW.

Are investors shorting CDW?

CDW saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,110,000 shares, a drop 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 days-to-cover ratio is currently 1.5 days. Currently, 1.5% of the shares of the company are short sold. View CDW's Current Options Chain.

Who are some of CDW's key competitors?

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.

What other stocks do shareholders of CDW own?

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).

Who are CDW's key executives?

CDW's management team includes the following people:

Mr. Thomas E. Richards, Exec. Chairman (Age 64)
Ms. Christine A. Leahy, CEO & Director (Age 54)
Ms. Christina M. Corley, Chief Operating Officer (Age 51)
Mr. Douglas E. Eckrote, Sr. VP of Small Bus. Sales & eCommerce (Age 54)
Mr. Collin E. Kebo, Sr. VP & CFO (Age 52)

What is CDW's stock symbol?

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

Who are CDW's major shareholders?

CDW's stock is owned by a variety of 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.

Which major investors are selling CDW stock?

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.

Which major investors are buying CDW stock?

CDW stock was bought 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.

How do I buy shares of 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.

What is CDW's stock price today?

One share of CDW stock can currently be purchased for approximately $109.65.

How big of a company is CDW?

CDW has a market capitalization of $15.60 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.

What is CDW's official website?

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

How can I contact CDW?

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]

This page was last updated on 5/29/2020 by MarketBeat.com Staff