NASDAQ:CDWCDW Stock Price, Forecast & News

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 shares have increased by 21.8% and is now trading at $125.34. 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 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.34 by $0.04. The information technology services provider earned $4.39 billion during the quarter, compared to the consensus estimate of $4.38 billion. CDW had a net margin of 4.07% and a return on equity of 97.93%. The firm's quarterly revenue was up 10.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $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 dividend on an annualized basis and a yield of 1.21%. The ex-dividend date of this dividend 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 analysts have issued 12-month price objectives for CDW's shares. Their forecasts range from $91.00 to $150.00. On average, they anticipate CDW's stock price to reach $120.86 in the next twelve months. This suggests that the stock has a possible downside of 3.6%. View analysts' price targets for CDW.

Headlines about CDW stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing 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 daily sentiment score of 1.0 on InfoTrie's scale. They also assigned media headlines 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 impact on the stock's share price in the near term. View the latest news aboutCDW.

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 presently 1.5 days. Currently, 1.5% of the company's stock are sold short. View CDW's Current Options Chain.

Some companies that are related to CDW include Chewy (CHWY), Wayfair (W), Vipshop (VIPS), Qurate Retail Inc Series A (QRTEA), Stitch Fix (SFIX), Baozun (BZUN), Insight Enterprises (NSIT), Revolve Group (RVLV), PC Connection (CNXN), Overstock.com (OSTK), 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 many different retail and institutional 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.

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.

CDW stock was purchased 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.

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 $125.34.

CDW has a market capitalization of $17.83 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]