CDW Corporation Company Profile (NASDAQ:CDW)

About CDW Corporation (NASDAQ:CDW)

CDW Corporation logoCDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States, Canada and the United Kingdom. The Company's segments include Corporate, Public and Other. The Corporate segment consists of private sector business customers in the United States based on employee size between Medium/Large customers, which primarily includes organizations with more than 100 employees, and Small Business customers, which primarily includes organizations with up to 100 employees. Its Public segment comprises government agencies and education and healthcare institutions in the United States. Its Other segment includes Canada and CDW UK. The CDW Advanced Services business consists primarily of customized engineering services delivered by technology specialists and engineers, and managed services that include Infrastructure as a Service (IaaS) offerings. The Company has centralized logistics and headquarters functions that provide services to the segments.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: IT Services & Consulting
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CDW
  • CUSIP: N/A
  • Web: www.cdw.com
Capitalization:
  • Market Cap: $10.78 billion
  • Outstanding Shares: 154,858,000
Average Prices:
  • 50 Day Moving Avg: $65.23
  • 200 Day Moving Avg: $62.07
  • 52 Week Range: $43.64 - $71.53
P/E:
  • Trailing P/E Ratio: 26.43
  • Foreward P/E Ratio: 16.19
  • P/E Growth: 1.52
Sales & Book Value:
  • Annual Revenue: $14.52 billion
  • Price / Sales: 0.74
  • Book Value: $5.46 per share
  • Price / Book: 12.75
Dividend:
  • Annual Dividend: $0.64
  • Dividend Yield: 0.9%
Profitability:
  • EBITDA: $1.09 billion
  • Net Margins: 2.95%
  • Return on Equity: 58.89%
  • Return on Assets: 8.11%
Debt:
  • Debt-to-Equity Ratio: 3.86%
  • Current Ratio: 1.33%
  • Quick Ratio: 1.13%
Misc:
  • Average Volume: 732,618 shs.
  • Beta: 1.08
  • Short Ratio: 4.76
 

Frequently Asked Questions for CDW Corporation (NASDAQ:CDW)

What is CDW Corporation's stock symbol?

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

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

CDW Corporation announced a quarterly dividend on Thursday, August 3rd. Shareholders of record on Friday, August 25th will be paid a dividend of $0.16 per share on Monday, September 11th. This represents a $0.64 annualized dividend and a dividend yield of 0.92%. The ex-dividend date of this dividend is Wednesday, August 23rd. View CDW Corporation's Dividend History.

How will CDW Corporation's stock buyback program work?

CDW Corporation declared that its board has initiated a share buyback plan on Thursday, August 3rd 2017, which authorizes the company to buyback $750,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its shares are undervalued.

How were CDW Corporation's earnings last quarter?

CDW Corporation (NASDAQ:CDW) posted its quarterly earnings results on Thursday, August, 3rd. The company reported $1.03 EPS for the quarter, topping analysts' consensus estimates of $0.98 by $0.05. The business had revenue of $3.99 billion for the quarter, compared to analyst estimates of $3.84 billion. CDW Corporation had a return on equity of 58.89% and a net margin of 2.95%. The company's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period last year, the business posted $0.93 EPS. View CDW Corporation's Earnings History.

When will CDW Corporation make its next earnings announcement?

CDW Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for CDW Corporation.

Where is CDW Corporation's stock going? Where will CDW Corporation's stock price be in 2017?

9 brokers have issued 1 year target prices for CDW Corporation's stock. Their predictions range from $51.51 to $75.00. On average, they anticipate CDW Corporation's share price to reach $66.56 in the next year. View Analyst Ratings for CDW Corporation.

What are analysts saying about CDW Corporation stock?

Here are some recent quotes from research analysts about CDW Corporation stock:

  • 1. According to Zacks Investment Research, "CDW Corporation offers information technology products and services to business, government, education and healthcare customers primarily in the United States and Canada. Its hardware products comprise network communications, notebooks/mobile devices, data storage, video monitors, printers, desktops and servers as well as NetComm products. The company's software services include licensing, licensing management, software solutions and services. In addition, it offers configuration services which include virtualization, collaboration, security, mobility, data centre optimization and cloud computing. CDW Corporation is headquartered in Vernon Hills, Illinois. " (8/8/2017)
  • 2. Royal Bank Of Canada analysts commented, "CDW remains a compelling stock to own given its ability to sustain mid/high single digit sales growth and double-digit EPS growth largely driven by organic initiatives. We see room for upside in FY17E driven by multiple factors: 1) Tax Reform, given the current 38% taxrate, 2) potential to sustain mid/high single-digit revenue growth should broader macro accelerate (nascent signs it's happening), 3) capacity to improve capital allocation given solid FCF generation, 4) Potential for EBITDA margins to shift higher as services and solutions mix improves, and 5) Benefit from emerging growth areas within IT including cloud, hyperconverged, and all-flash. Maintain OP and $64 target." (3/6/2017)
  • 3. Needham & Company LLC analysts commented, "With strong financials as a positive backdrop, CDW successfully refinanced a portion of it debt this week. The company has been a good steward of shareholder assets and driven outsized returns. We expect these dynamics to continue against what is likely to be, in our view, a better IT spending environment in 2017. We are adjusting our estimates slightly for the more accurate interest expense change, and reiterate our Buy and increase our target to $66 (from $60)." (3/3/2017)

Who are some of CDW Corporation's key competitors?

Who are CDW Corporation's key executives?

CDW Corporation's management team includes the folowing people:

  • Thomas E. Richards, Chairman, President and Chief Executive Officer and Director
  • Ann E. Ziegler, Senior Vice President and Chief Financial Officer
  • Jonathan J. Stevens, Senior Vice President - Operations, Chief Information Officer
  • Christine A. Leahy, Senior Vice President - International, Chief Legal Officer and Corporate Secretary, Chief Revenue Officer, General Council
  • Douglas E. Eckrote, Senior Vice President - Small Business Sales and E-commerce
  • Christina V. Rother, Senior Vice President - Public and Advanced Technology Sales
  • Mark C. Chong, Senior Vice President - Strategy and Marketing
  • Dennis G. Berger, Senior Vice President and Chief Coworker Services Officer
  • Neal J. Campbell, Senior Vice President - Strategic Solutions and Services
  • Christina M. Corley, Senior Vice President - Commercial and International Markets

How do I buy CDW Corporation stock?

Shares of CDW Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is CDW Corporation's stock price today?

One share of CDW Corporation stock can currently be purchased for approximately $69.62.


MarketBeat Community Rating for CDW Corporation (NASDAQ CDW)
Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  302 (Vote Outperform)
Underperform Votes:  166 (Vote Underperform)
Total Votes:  468
MarketBeat's community ratings are surveys of what our community members think about CDW Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for CDW Corporation (NASDAQ:CDW) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 5 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $66.56 (4.39% downside)
Consensus Price Target History for CDW Corporation (NASDAQ:CDW)
Price Target History for CDW Corporation (NASDAQ:CDW)
Analysts' Ratings History for CDW Corporation (NASDAQ:CDW)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Stifel NicolausReiterated RatingBuy$70.00N/AView Rating Details
10/13/2017Raymond James Financial, Inc.DowngradeMarket Perform -> UnderperformN/AView Rating Details
9/18/2017Needham & Company LLCReiterated RatingBuy -> Buy$71.00MediumView Rating Details
8/9/2017J P Morgan Chase & CoReiterated RatingNeutral$59.00 -> $60.00HighView Rating Details
8/9/2017Royal Bank Of CanadaReiterated RatingOutperform$70.00 -> $71.00MediumView Rating Details
8/9/2017Robert W. BairdReiterated RatingOutperform$71.00 -> $75.00MediumView Rating Details
7/24/2017Barclays PLCDowngradeOverweight -> Equal Weight$64.00LowView Rating Details
4/24/2017Northcoast ResearchInitiated CoverageBuy$70.00HighView Rating Details
2/1/2017Goldman Sachs Group, Inc. (The)UpgradeBuy -> Conviction-Buy$61.00 -> $51.51N/AView Rating Details
8/4/2016Deutsche Bank AGBoost Price TargetBuy$43.00 -> $48.00N/AView Rating Details
5/5/2016Morgan StanleyReiterated RatingHoldN/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for CDW Corporation (NASDAQ:CDW)
Earnings by Quarter for CDW Corporation (NASDAQ:CDW)
Earnings History by Quarter for CDW Corporation (NASDAQ CDW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017$1.07N/AView Earnings Details
8/3/2017Q2 2017$0.98$1.03$3.84 billion$3.99 billionViewListenView Earnings Details
5/3/2017Q1 2017$0.71$0.75$3.24 billion$3.32 billionViewListenView Earnings Details
2/7/2017Q416$0.81$0.86$3.52 billion$3.49 billionViewListenView Earnings Details
11/2/2016Q316$0.90$0.97$3.50 billion$3.71 billionViewN/AView Earnings Details
8/3/2016Q216$0.85$0.93$3.65 billion$3.66 billionViewN/AView Earnings Details
5/4/2016Q116$0.65$0.67$3.10 billion$3.10 billionViewN/AView Earnings Details
2/9/2016Q415$0.72$0.73$3.42 billion$3.42 billionViewListenView Earnings Details
11/4/2015Q315$0.80$0.68$3.62 billion$3.50 billionViewListenView Earnings Details
8/3/2015Q215$0.70$0.78$3.24 billion$3.31 billionViewListenView Earnings Details
5/7/2015Q115$0.52$0.54$2.88 billion$2.76 billionViewN/AView Earnings Details
2/10/2015Q414$0.51$0.57$2.96 billion$3.05 billionViewN/AView Earnings Details
11/6/2014Q314$0.60$0.64$3.11 billion$3.27 billionViewN/AView Earnings Details
7/31/2014Q214$0.59$0.65$2.95 billion$3.10 billionViewN/AView Earnings Details
5/8/2014Q114$0.41$0.47$2.57 billion$650.00 millionViewN/AView Earnings Details
2/13/2014$0.46$0.54$2.74 billion$2.71 billionViewN/AView Earnings Details
2/13/2014$0.46$0.54$2.74 billion$2.71 billionViewN/AView Earnings Details
2/13/2014$0.46$0.54$2.74 billion$2.71 billionViewN/AView Earnings Details
2/13/2014$0.46$0.54$2.74 billion$2.71 billionViewN/AView Earnings Details
2/13/2014$0.46$0.54$2.74 billion$2.71 billionViewN/AView Earnings Details
2/13/2014Q413$0.46$0.54$2.74 billion$2.71 billionViewN/AView Earnings Details
2/19/2014Q413$0.46$0.54$2.74 billion$2.71 billionViewN/AView Earnings Details
11/1/2013Q313$0.47$0.50$2.84 billion$2.86 billionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for CDW Corporation (NASDAQ:CDW)
Current Year EPS Consensus Estimate: $3.83 EPS
Next Year EPS Consensus Estimate: $4.30 EPS

Dividends

Current Dividend Information for CDW Corporation (NASDAQ:CDW)
Most Recent Dividend:9/11/2017
Annual Dividend:$0.64
Dividend Yield:0.92%
Payout Ratio:24.33% (Trailing 12 Months of Earnings)
16.71% (Based on This Year's Estimates)
14.88% (Based on Next Year's Estimates)
Dividend Payments by Quarter for CDW Corporation (NASDAQ:CDW)

Dividend History by Quarter for CDW Corporation (NASDAQ CDW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2017Quarterly$0.161%8/23/20178/25/20179/11/2017
5/3/2017quarterly$0.161.09%5/23/20175/25/20176/12/2017
2/7/2017Quarterly$0.161.12%2/22/20172/24/20173/10/2017
11/2/2016quarterly$0.161.46%11/22/201611/25/201612/12/2016
8/3/2016quarterly$0.110.97%8/23/20168/25/20169/12/2016
5/4/2016quarterly$0.111.06%5/23/20165/25/20166/10/2016
2/10/2016quarterly$0.111.24%2/23/20162/25/20163/10/2016
11/5/2015quarterly$0.110.93%11/23/201511/25/201512/10/2015
8/4/2015quarterly$0.070.69%8/21/20158/25/20159/10/2015
5/8/2015quarterly$0.070.74%5/21/20155/26/20156/10/2015
2/10/2015quarterly$0.070.74%2/23/20152/25/20153/10/2015
11/6/2014quarterly$0.070.83%11/21/201411/25/201412/10/2014
7/31/2014quarterly$0.040.55%8/21/20148/25/20149/10/2014
5/8/2014quarterly$0.040.59%5/22/20145/27/20146/10/2014
2/13/2014quarterly$0.040.7%2/21/20142/25/20143/10/2014
11/4/2013special$0.0411/13/201311/15/201312/2/2013
11/1/2013quarterly$0.0411/13/201311/15/201312/2/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for CDW Corporation (NASDAQ:CDW)
Insider Ownership Percentage: 2.60%
Institutional Ownership Percentage: 90.57%
Insider Trades by Quarter for CDW Corporation (NASDAQ:CDW)
Institutional Ownership by Quarter for CDW Corporation (NASDAQ:CDW)
Insider Trades by Quarter for CDW Corporation (NASDAQ:CDW)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/16/2017Christina M CorleyInsiderSell4,000$67.95$271,800.00View SEC Filing  
10/13/2017Thomas E RichardsInsiderSell14,503$67.97$985,768.91View SEC Filing  
10/11/2017Christine A LeahyInsiderSell12,000$69.94$839,280.00View SEC Filing  
10/6/2017Neal J CampbellInsiderSell2,400$69.30$166,320.00View SEC Filing  
10/4/2017Jonathan J StevensInsiderSell6,700$68.56$459,352.00View SEC Filing  
9/18/2017Christina M CorleyInsiderSell4,000$62.22$248,880.00View SEC Filing  
9/13/2017Christine A LeahyInsiderSell12,000$60.26$723,120.00View SEC Filing  
9/8/2017Thomas E RichardsInsiderSell16,861$58.73$990,246.53View SEC Filing  
9/7/2017Neal J CampbellInsiderSell2,400$59.78$143,472.00View SEC Filing  
9/5/2017Jonathan J StevensInsiderSell6,700$61.78$413,926.00View SEC Filing  
8/15/2017Thomas E RichardsInsiderSell16,077$61.92$995,487.84View SEC Filing  
8/10/2017Christina M CorleyInsiderSell4,000$62.44$249,760.00View SEC Filing  
8/9/2017Christine A LeahyInsiderSell12,000$62.86$754,320.00View SEC Filing  
8/7/2017Neal J CampbellInsiderSell5,000$63.12$315,600.00View SEC Filing  
8/4/2017Jonathan J StevensInsiderSell6,700$64.04$429,068.00View SEC Filing  
7/17/2017Thomas E RichardsInsiderSell15,733$63.49$998,888.17View SEC Filing  
7/12/2017Christine A LeahyInsiderSell12,000$63.20$758,400.00View SEC Filing  
7/11/2017Christina M CorleyInsiderSell4,000$62.40$249,600.00View SEC Filing  
7/3/2017Jonathan J StevensInsiderSell6,700$62.55$419,085.00View SEC Filing  
6/14/2017Christine A LeahyInsiderSell12,000$61.33$735,960.00View SEC Filing  
6/12/2017Christina M CorleyInsiderSell4,000$60.21$240,840.00View SEC Filing  
6/2/2017Jonathan J StevensInsiderSell6,700$60.93$408,231.00View SEC Filing  
5/17/2017Christine A LeahyInsiderSell12,000$59.22$710,640.00View SEC Filing  
5/10/2017Christina M CorleyInsiderSell4,000$59.01$236,040.00View SEC Filing  
5/4/2017Jonathan J StevensInsiderSell6,700$58.91$394,697.00View SEC Filing  
3/3/2017Neil B FairfieldVPSell5,323$59.44$316,399.12View SEC Filing  
2/16/2017Dennis G BergerInsiderSell67,800$58.87$3,991,386.00View SEC Filing  
11/4/2016Douglas E EckroteInsiderSell80,000$44.04$3,523,200.00View SEC Filing  
11/30/2015Paul J FinneganDirectorSell4,245,947$44.05$187,033,965.35View SEC Filing  
8/18/2015Christine A LeahyInsiderSell100,000$38.25$3,825,000.00View SEC Filing  
8/18/2015Glenn M CreamerDirectorSell5,791,686$38.25$221,531,989.50View SEC Filing  
8/18/2015Madison Dearborn Partners LlcMajor ShareholderSell6,550,571$38.25$250,559,340.75View SEC Filing  
8/18/2015Thomas E RichardsCEOSell150,000$38.25$5,737,500.00View SEC Filing  
5/22/2015Ann Elizabeth ZieglerInsiderSell30,769$36.80$1,132,299.20View SEC Filing  
5/22/2015Paul J FinneganDirectorSell7,028,796$36.77$258,448,828.92View SEC Filing  
5/22/2015Providence Equity Partners ViMajor ShareholderSell6,214,508$36.77$228,507,459.16View SEC Filing  
12/8/2014Ann Elizabeth ZieglerInsiderSell78,333$33.28$2,606,922.24View SEC Filing  
12/8/2014Thomas E RichardsCEOSell90,000$33.28$2,995,200.00View SEC Filing  
11/7/2014Steven W AlesioDirectorBuy7,500$32.60$244,500.00View SEC Filing  
9/8/2014Glenn M CreamerDirectorSell6,884,797$31.95$219,969,264.15View SEC Filing  
9/8/2014Jonathan J StevensInsiderSell53,935$31.95$1,723,223.25View SEC Filing  
9/8/2014Madison Dearborn Partners LlcMajor ShareholderSell7,786,914$31.95$248,791,902.30View SEC Filing  
3/12/2014Matthew TrokaInsiderSell26,204$25.55$669,512.20View SEC Filing  
3/12/2014Paul FinneganDirectorSell5,763,753$25.55$147,263,889.15View SEC Filing  
3/12/2014Providence Equity Partners Vimajor shareholderSell5,096,021$25.55$130,203,336.55View SEC Filing  
12/18/2013Douglas EckroteInsiderSell13,200$20.50$270,600.00View SEC Filing  
12/18/2013Paul FinneganDirectorSell1,163,334$20.50$23,848,347.00View SEC Filing  
12/18/2013Providence Equity Partners Vimajor shareholderSell1,028,563$20.50$21,085,541.50View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

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CDW Corporation (CDW) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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