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Biden to sign massive climate and health care legislation
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US futures turn around on strong performance from retailers
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
Companies facing 1st tax on stock buybacks in Biden bill
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Home Depot Results Point To Sluggish 2nd Half
Walmart Leads Retail Higher But Will The Group Follow? 
What's in big Biden bill? Health, climate goals become law
Our Most Important Forecast in 50 Years Tectonic changes are on the way. (Ad)
Biden to sign massive climate and health care legislation
Stocks edge mostly higher on Wall Street; Walmart lifts Dow
US futures turn around on strong performance from retailers
Biden & Bill Gates Igniting $40 Trillion Heist? (Ad)
NASDAQ:CDW

CDW - CDW Stock Forecast, Price & News

$183.55
+1.88 (+1.03%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$180.50
$183.94
50-Day Range
$155.94
$183.55
52-Week Range
$152.15
$208.71
Volume
574,431 shs
Average Volume
850,042 shs
Market Capitalization
$24.80 billion
P/E Ratio
24.97
Dividend Yield
1.10%
Price Target
$214.83

CDW MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
17.0% Upside
$214.83 Price Target
Short Interest
Healthy
1.22% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.05
Upright™ Environmental Score
News Sentiment
0.58mentions of CDW in the last 14 days
Based on 19 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
8.68%
From $9.22 to $10.02 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.90 out of 5 stars

Computer And Technology Sector

67th out of 664 stocks

Catalog & Mail - Order Houses Industry

3rd out of 31 stocks

CDW stock logo

About CDW (NASDAQ:CDW) Stock

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise, hybrid, and cloud capabilities across data center and networking, digital workspace, and security. Its hardware products comprise notebooks/mobile devices, network communications, desktop computers, video monitors, enterprise and data storage, and others; and software products consists of application suites, security, virtualization, operating systems, and network management. The company also provides advisory and design, software development, implementation, managed, professional, configuration, and telecom services, as well as warranties; mission critical software, systems, and network solutions; and implementation and installation, and repair services to its customers through various third-party service providers. It serves government, education, and healthcare customers; and small, medium, and large business customers. The company was founded in 1984 and is headquartered in Vernon Hills, Illinois.

CDW Stock Up 1.0 %

CDW Stock traded up $1.88 on Tuesday, reaching $183.55. 574,431 shares of the company traded hands, compared to its average volume of 850,042. The firm has a fifty day simple moving average of $167.30 and a 200-day simple moving average of $171.80. The company has a market cap of $24.80 billion, a P/E ratio of 24.97, a price-to-earnings-growth ratio of 1.49 and a beta of 1.12. CDW has a one year low of $152.15 and a one year high of $208.71. The company has a debt-to-equity ratio of 5.86, a current ratio of 1.30 and a quick ratio of 1.11.

CDW (NASDAQ:CDW - Get Rating) last issued its quarterly earnings results on Wednesday, August 3rd. The information technology services provider reported $2.36 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.05. The firm had revenue of $6.15 billion during the quarter, compared to the consensus estimate of $6.15 billion. CDW had a return on equity of 132.68% and a net margin of 4.41%. The company's revenue was up 19.4% on a year-over-year basis. During the same period last year, the company earned $1.92 earnings per share. Research analysts anticipate that CDW will post 9.22 earnings per share for the current year.

CDW Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 9th. Stockholders of record on Thursday, August 25th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, August 24th. This represents a $2.00 annualized dividend and a dividend yield of 1.09%. CDW's dividend payout ratio is presently 27.21%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on CDW shares. Credit Suisse Group initiated coverage on shares of CDW in a research note on Tuesday. They set an "outperform" rating on the stock. StockNews.com raised CDW from a "hold" rating to a "buy" rating in a research report on Wednesday, August 10th. JPMorgan Chase & Co. raised CDW from a "neutral" rating to an "overweight" rating and set a $200.00 target price for the company in a research report on Thursday, July 14th. William Blair restated an "outperform" rating on shares of CDW in a research report on Thursday, May 5th. Finally, Evercore ISI decreased their price objective on CDW from $250.00 to $210.00 and set an "outperform" rating for the company in a report on Tuesday, June 28th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $214.83.

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CDW Stock News Headlines

CDW (NASDAQ:CDW) Rating Increased to Buy at StockNews.com
CDW (CDW) Tops Q2 EPS by 7c - StreetInsider.com
CDW Q2 2022 Earnings Preview - Seeking Alpha
See More Headlines
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CDW Company Calendar

Ex-Dividend for 6/10 Dividend
5/24/2022
Dividend Payable
6/10/2022
Last Earnings
8/03/2022
Today
8/17/2022
Ex-Dividend for 9/9 Dividend
8/24/2022
Dividend Payable
9/09/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
N/A
Current Symbol
NASDAQ:CDW
Fax
N/A
Employees
9,900
Year Founded
1984

Price Target and Rating

Average Stock Price Forecast
$214.83
High Stock Price Forecast
$235.00
Low Stock Price Forecast
$200.00
Forecasted Upside/Downside
+17.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$988.60 million
Pretax Margin
5.87%

Debt

Sales & Book Value

Annual Sales
$20.82 billion
Cash Flow
$9.60 per share
Book Value
$5.20 per share

Miscellaneous

Free Float
134,211,000
Market Cap
$24.80 billion
Optionable
Optionable
Beta
1.12

Social Links















CDW Stock - Frequently Asked Questions

Should I buy or sell CDW stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CDW in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CDW shares.
View CDW analyst ratings
or view top-rated stocks.

What is CDW's stock price forecast for 2022?

7 brokerages have issued 12 month price targets for CDW's shares. Their CDW share price forecasts range from $200.00 to $235.00. On average, they predict the company's stock price to reach $214.83 in the next twelve months. This suggests a possible upside of 17.0% from the stock's current price.
View analysts price targets for CDW
or view top-rated stocks among Wall Street analysts.

How have CDW shares performed in 2022?

CDW's stock was trading at $204.78 on January 1st, 2022. Since then, CDW shares have decreased by 10.4% and is now trading at $183.55.
View the best growth stocks for 2022 here
.

When is CDW's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our CDW earnings forecast
.

How were CDW's earnings last quarter?

CDW Co. (NASDAQ:CDW) announced its quarterly earnings data on Wednesday, August, 3rd. The information technology services provider reported $2.36 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.05. The information technology services provider earned $6.15 billion during the quarter, compared to the consensus estimate of $6.15 billion. CDW had a net margin of 4.41% and a trailing twelve-month return on equity of 132.68%. CDW's revenue was up 19.4% compared to the same quarter last year. During the same period in the prior year, the business posted $1.92 earnings per share.
Read the conference call transcript
.

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

CDW declared a quarterly dividend on Wednesday, August 3rd. Stockholders of record on Thursday, August 25th will be given a dividend of $0.50 per share on Friday, September 9th. This represents a $2.00 annualized dividend and a dividend yield of 1.09%. The ex-dividend date of this dividend is Wednesday, August 24th.
Read our dividend analysis for CDW
.

Is CDW a good dividend stock?

CDW (NASDAQ:CDW) pays an annual dividend of $2.00 per share and currently has a dividend yield of 1.10%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 27.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CDW will have a dividend payout ratio of 19.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CDW.

How will CDW's stock buyback program work?

CDW announced that its Board of Directors has approved a share buyback plan on Wednesday, February 10th 2021, which allows the company to buyback $1,250,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 5.6% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

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), Micron Technology (MU), Accenture (ACN), Athabasca Oil (ATH), Intel (INTC), Zoetis (ZTS) and AutoZone (AZO).

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 number of institutional and retail investors. Top institutional investors include State Street Corp (3.78%), FMR LLC (3.60%), Mawer Investment Management Ltd. (2.82%), Northern Trust Corp (1.06%), JPMorgan Chase & Co. (1.06%) and Fenimore Asset Management Inc. (0.96%). Insiders that own company stock include Albert Joseph Miralles Jr, Christina M Corley, Christina M Corley, Christine A Leahy, Collin B Kebo, Collin B Kebo, Donna F Zarcone, Douglas E Eckrote, Frederick J Kulevich, Mark Chong, Matthew A Troka, Robert F Kirby and Thomas E Richards.
View institutional ownership trends
.

How do I buy shares of CDW?

Shares of CDW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CDW's stock price today?

One share of CDW stock can currently be purchased for approximately $183.55.

How much money does CDW make?

CDW (NASDAQ:CDW) has a market capitalization of $24.80 billion and generates $20.82 billion in revenue each year. The information technology services provider earns $988.60 million in net income (profit) each year or $7.35 on an earnings per share basis.

How many employees does CDW have?

The company employs 9,900 workers across the globe.

Does CDW have any subsidiaries?
The following companies are subsidiares of CDW: Aptris Inc, Berbee, CDW Canada Corp., CDW Direct LLC, CDW Finance Bidco Limited, CDW Finance Corporation, CDW Finance Holdings Limited, CDW Finance Topco Limited, CDW Government LLC, CDW International Holdings Limited, CDW LLC, CDW Limited, CDW Logistics Inc., CDW NA Limited, CDW Technologies LLC, Kelway TopCo Limited, and Scalar Decisions.
Read More
When was CDW founded?

CDW was founded in 1984.

How can I contact CDW?

CDW's mailing address is 75 TRI-STATE INTERNATIONAL, LINCOLNSHIRE IL, 60069. The official website for the company is www.cdw.com. The information technology services provider can be reached via phone at (847) 465-6000 or via email at investorrelations@cdw.com.

This page (NASDAQ:CDW) was last updated on 8/17/2022 by MarketBeat.com Staff

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