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NASDAQ:CDW

CDW (CDW) Stock Price, News & Analysis

CDW logo
$174.53 +1.25 (+0.72%)
(As of 12/20/2024 05:31 PM ET)

About CDW Stock (NASDAQ:CDW)

Key Stats

Today's Range
$172.05
$176.12
50-Day Range
$171.49
$223.48
52-Week Range
$170.68
$263.37
Volume
2.59 million shs
Average Volume
937,670 shs
Market Capitalization
$23.26 billion
P/E Ratio
21.34
Dividend Yield
1.43%
Price Target
$241.75
Consensus Rating
Moderate Buy

Company Overview

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 Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
97th Percentile Overall Score

CDW MarketRank™: 

CDW scored higher than 97% of companies evaluated by MarketBeat, and ranked 26th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    CDW has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    CDW has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about CDW's stock forecast and price target.
  • Earnings Growth

    Earnings for CDW are expected to grow by 4.78% in the coming year, from $8.99 to $9.42 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CDW is 21.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.74.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CDW is 21.34, 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 238.08.

  • Price to Earnings Growth Ratio

    CDW has a PEG Ratio of 5.01. 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 11.44. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.00% 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 increased by 8.16%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    CDW pays a meaningful dividend of 1.42%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    CDW does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of CDW is 30.56%. 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 26.54% next year. This indicates that CDW will be able to sustain or increase its dividend.

  • Read more about CDW's dividend.
  • Percentage of Shares Shorted

    2.00% 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 increased by 8.16%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    CDW has a news sentiment score of 0.52. 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 0.63 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for CDW this week, compared to 10 articles on an average week.
  • Search Interest

    5 people have searched for CDW on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added CDW to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days.
  • 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 0.90% of the stock of CDW is held by insiders.

  • Percentage Held by Institutions

    93.15% of the stock of CDW is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about CDW's insider trading history.
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CDW Stock News Headlines

CDW Amends and Restates Bylaws Related to Stockholder Meetings
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CDW (CDW) Gets a Hold from Morgan Stanley
CDW (NASDAQ:CDW) Price Target Raised to $193.00 at Morgan Stanley
See More Headlines

CDW Stock Analysis - Frequently Asked Questions

CDW's stock was trading at $227.32 at the beginning of the year. Since then, CDW stock has decreased by 23.2% and is now trading at $174.53.
View the best growth stocks for 2024 here
.

CDW Co. (NASDAQ:CDW) announced its quarterly earnings results on Wednesday, October, 30th. The information technology services provider reported $2.63 EPS for the quarter, missing analysts' consensus estimates of $2.68 by $0.05. The business's revenue was down 2.0% on a year-over-year basis.
Read the conference call transcript
.

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

The following companies are subsidiaries of CDW: Aptris Inc, Scalar Decisions, Kelway TopCo Limited, Berbee, CDW Canada Corp., CDW Direct LLC, CDW Finance Bidco Limited, and more.

CDW's top institutional investors include State Street Corp (4.29%), Geode Capital Management LLC (2.61%), FMR LLC (2.58%) and Mawer Investment Management Ltd. (2.31%). 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
.

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that CDW investors own include NVIDIA (NVDA), Humana (HUM), American Water Works (AWK), Meta Platforms (META), Advanced Micro Devices (AMD), Waste Connections (WCN) and Voyager Therapeutics (VYGR).

Company Calendar

Last Earnings
10/30/2024
Ex-Dividend for 12/10 Dividend
11/25/2024
Dividend Payable
12/10/2024
Today
12/22/2024
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
$241.75
High Stock Price Target
$300.00
Low Stock Price Target
$193.00
Potential Upside/Downside
+38.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
8 Analysts

Profitability

Net Income
$1.10 billion
Pretax Margin
7.03%

Debt

Sales & Book Value

Annual Sales
$20.83 billion
Cash Flow
$11.48 per share
Book Value
$15.25 per share

Miscellaneous

Free Float
132,065,000
Market Cap
$23.26 billion
Optionable
Optionable
Beta
1.02

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This page (NASDAQ:CDW) was last updated on 12/22/2024 by MarketBeat.com Staff
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