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NASDAQ:CDW

CDW (CDW) Stock Price, News & Analysis

$212.21
-2.61 (-1.21%)
(As of 09/6/2024 ET)
Today's Range
$211.71
$216.45
50-Day Range
$206.67
$239.84
52-Week Range
$185.04
$263.37
Volume
709,034 shs
Average Volume
834,884 shs
Market Capitalization
$28.52 billion
P/E Ratio
26.49
Dividend Yield
1.17%
Price Target
$254.63

CDW MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
20.0% Upside
$254.63 Price Target
Short Interest
Healthy
2.42% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-1.05
Upright™ Environmental Score
News Sentiment
0.92mentions of CDW in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$4.43 M Sold Last Quarter
Proj. Earnings Growth
9.04%
From $9.40 to $10.25 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.79 out of 5 stars

Computer And Technology Sector

61st out of 594 stocks

Catalog & Mail - Order Houses Industry

2nd out of 24 stocks

CDW stock logo

About CDW Stock (NASDAQ:CDW)

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 and cloud capabilities across hybrid infrastructure, digital experience, and security. It also provides hardware products comprising notebooks/mobile devices, tablets, network communications, desktop computers, collaboration, data storage and servers, and others; and software products, such as cloud solutions, software assurance, application suites, security, virtualization, operating systems, and network management. In addition, the company offers advisory and design, software development, implementation, managed, professional, configuration, partner, and telecom services, as well as warranties; delivers and manages 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. CDW Corporation was founded in 1984 and is headquartered in Vernon Hills, Illinois.

CDW Stock Price History

CDW Stock News Headlines

CDW Computer Centers
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
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CDW Corp.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
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CDW Sep 2024 180.000 put (CDW240920P00180000)
CDW Corporation: Everything Is On Track
See More Headlines
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Company Calendar

Ex-Dividend for 6/11 Dividend
5/23/2024
Dividend Payable
6/11/2024
Last Earnings
7/31/2024
Ex-Dividend for 9/10 Dividend
8/26/2024
Today
9/07/2024
Dividend Payable
9/10/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
Retail
Current Symbol
NASDAQ:CDW
Fax
N/A
Employees
10,900
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$254.63
High Stock Price Target
$300.00
Low Stock Price Target
$216.00
Potential Upside/Downside
+20.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$1.10 billion
Pretax Margin
6.96%

Debt

Sales & Book Value

Annual Sales
$20.94 billion
Cash Flow
$11.03 per share
Book Value
$16.28 per share

Miscellaneous

Free Float
133,188,000
Market Cap
$28.52 billion
Optionable
Optionable
Beta
1.04

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Should I Buy CDW Stock? CDW Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in CDW Co.:

  • CDW stock is currently trading at $221.87, showing a 2.4% increase, indicating positive market sentiment.
  • Insiders have been actively involved in buying and selling shares, signaling confidence in the company's performance.
  • Analysts have set a consensus price target of $254.63, suggesting potential for stock price appreciation.
  • CDW Co. is expected to post earnings per share of $9.60 for the current fiscal year, indicating strong financial performance.
  • The company pays a quarterly dividend of $0.62 per share, offering investors a steady income stream.

Cons

Investors should be bearish about investing in CDW Co. for these reasons:

  • Recent insider selling activity, such as Sona Chawla selling 18,437 shares, may raise concerns about future company performance.
  • Analysts have revised price targets downwards, with some lowering from $280.00 to $265.00, indicating potential challenges ahead.
  • The company's debt-to-equity ratio of 2.03 may pose risks in case of economic downturns or financial instability.
  • CDW's stock price has been below its 50-day and 200-day simple moving averages, suggesting short-term bearish sentiment.
  • The dividend payout ratio of 30.96% may limit the company's ability to reinvest in growth opportunities or withstand market fluctuations.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these CDW pros and cons to contact@marketbeat.com.

CDW Stock Analysis - Frequently Asked Questions

How have CDW shares performed this year?

CDW's stock was trading at $227.32 at the beginning of 2024. Since then, CDW stock has decreased by 6.6% and is now trading at $212.21.
View the best growth stocks for 2024 here
.

How were CDW's earnings last quarter?

CDW Co. (NASDAQ:CDW) announced its quarterly earnings data on Wednesday, July, 31st. The information technology services provider reported $2.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.39 by $0.05. The firm's revenue was down 3.6% on a year-over-year basis.
Read the conference call transcript
.

How will CDW's stock buyback program work?

CDW's Board of Directors authorized a stock buyback program on Wednesday, February 7th 2024, which permits the company to repurchase $750,000,000 in shares, according to EventVestor. This means that the company could buy up to 2.4% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

Does CDW have any subsidiaries?

CDW subsidiaries include these companies: Aptris Inc, Scalar Decisions, Kelway TopCo Limited, Berbee, CDW Canada Corp., CDW Direct LLC, CDW Finance Bidco Limited, and more.

Who are CDW's major shareholders?

CDW's top institutional shareholders include Select Equity Group L.P. (3.61%), Mawer Investment Management Ltd. (2.31%), Longview Partners Guernsey LTD (1.98%) and Dimensional Fund Advisors LP (0.96%). Insiders that own company stock include Christine A Leahy, Christina M Corley, Sona Chawla, Donna F Zarcone and Albert Joseph Miralles Jr.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of CDW own?

Based on aggregate information from My MarketBeat watchlists, some other companies that CDW investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Micron Technology (MU), Accenture (ACN) and Athabasca Oil (ATH).

This page (NASDAQ:CDW) was last updated on 9/7/2024 by MarketBeat.com Staff

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