NASDAQ:CDW

CDW - CDW Stock Forecast, Price & News

$161.46

+3.73 (+2.36%)

(As of 09/28/2022 12:00 AM ET)

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Today's Range: $157.29
▼
$162.39
50-Day Range: $157.73
▼
$188.37
52-Week Range: $152.15
▼
$208.71

Volume: 892,959 shs
Average Volume: 832,813 shs
Market Capitalization: $21.82 billion

P/E Ratio: 21.97
Dividend Yield: 1.27%
Price Target: $213.00

CDW MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 31.9% Upside
$213.00 Price Target
Short Interest: Healthy
1.21% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.05
Upright™ Environmental Score
News Sentiment: -0.04
Based on 24 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 8.79%
From $9.22 to $10.03 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

84th out of 650 stocks

Catalog & Mail - Order Houses Industry

3rd out of 32 stocks

3.5

Analyst's Opinion

Consensus Rating
CDW has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $213.00, CDW has a forecasted upside of 31.9% from its current price of $161.46.
Amount of Analyst Coverage
CDW has only been the subject of 2 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.21% of the float of CDW has been sold short.
Short Interest Ratio / Days to Cover
CDW has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in CDW has recently decreased by 0.61%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Yield
CDW pays a meaningful dividend of 1.27%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
CDW has been increasing its dividend for 8 years.
Dividend Coverage
The dividend payout ratio of CDW is 27.21%. 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 19.94% next year. This indicates that CDW will be able to sustain or increase its dividend.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
CDW has received a 23.76% net impact score from Upright. CDW seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Cybersecurity software", "Data center services", "Wholesale of data center emergency power generators", "Wholesale of data center racks", and "Wholesale of network gateways" products. See details.
Environmental Sustainability
The Environmental Impact score for CDW is -1.05.

1.6

News and Social Media Coverage

News Sentiment
CDW has a news sentiment score of -0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.52 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 24 news articles for CDW this week, compared to 8 articles on an average week.
Search Interest
Only 2 people have searched for CDW on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
6 people have added CDW to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, CDW insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.67% of the stock of CDW is held by insiders.
Percentage Held by Institutions
92.45% of the stock of CDW is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for CDW are expected to grow by 8.79% in the coming year, from $9.22 to $10.03 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of CDW is 21.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of CDW is 21.97, 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 379.01.
Price to Earnings Growth Ratio
CDW has a PEG Ratio of 1.31. 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 31.05. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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.

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CDW Stock News Headlines

September 28, 2022 | barrons.com

Washington Dismisses Moscow's Finger Of Blame For Gas Leaks - Barron's

September 28, 2022 | nasdaq.com

Zacks.com featured highlights include W.W. Grainger, Carlisle, CDW and Automatic Data Processing - Nasdaq

September 27, 2022 | uk.finance.yahoo.com

Ireland to unveil budget to tackle cost of living and energy crises - Yahoo Finance UK

September 27, 2022 | barrons.com

WTO Chief Warns World Edging Into 'Global Recession' - Barron's