NASDAQ:CDWCDW Stock Price, Forecast & 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 13.6% and is now trading at $116.81. 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 results 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 analysts' expectations of $4.38 billion. CDW had a net margin of 4.07% and a return on equity of 97.93%. CDW's revenue was up 10.9% on a year-over-year basis. During the same period last year, the firm earned $1.24 earnings per share. View CDW's earnings history.

CDW announced a quarterly dividend on Wednesday, May 6th. Shareholders 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 annualized dividend and a dividend yield of 1.30%. The ex-dividend date is Thursday, May 21st. View CDW's dividend history.

CDW issued an update on 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 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 Wall Street analysts have issued twelve-month target prices for CDW's shares. Their forecasts range from $115.00 to $150.00. On average, they expect CDW's share price to reach $128.14 in the next twelve months. This suggests a possible upside of 9.7% from the stock's current price. View analysts' price targets for CDW.

Headlines about CDW stock have been trending negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. CDW earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave news articles about the information technology services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news about CDW.

Some companies that are related to CDW include Wayfair (W), Chewy (CHWY), Vipshop (VIPS), Qurate Retail Inc Series A (QRTEA), Stitch Fix (SFIX), Baozun (BZUN), Overstock.com (OSTK), Insight Enterprises (NSIT), Revolve Group (RVLV), PC Connection (CNXN), Jumia Technologies (JMIA), PCM (PCMI), Ruhnn (RUHN), EVINE Live (EVLV) and Blue Apron (APRN). 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 a variety of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.33%), Raub Brock Capital Management LP (0.13%), Gateway Investment Advisers LLC (0.09%), State of Alaska Department of Revenue (0.04%), Manning & Napier Group LLC (0.01%) and DNB Asset Management AS (0.01%). 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 Wedge Capital Management L L P NC, DNB Asset Management AS, State of Alaska Department of Revenue, Cox Capital Mgt LLC, CENTRAL TRUST Co, OmniStar Financial Group Inc., IFM Investors Pty Ltd, and Raub Brock Capital Management 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 bought by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Diversified Trust Co, Envestnet Asset Management Inc., Mayfair Advisory Group LLC, BEAM Asset Management LLC, Nelson Van Denburg & Campbell Wealth Management Group LLC, Town & Country Bank & Trust CO dba First Bankers Trust CO, and Municipal Employees Retirement System of Michigan. 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 $116.81.

CDW has a market capitalization of $16.62 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]