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CDW (CDW)
NASDAQ:CDW
CDW (CDW) Stock Price & Analysis
793 Followers
CDW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$165.85 - $263.37
Previous Close$222.46
Volume676.70K
Average Volume (3M)687.79K
Market Cap
$29.90B
Enterprise Value$35.12B
Total Cash (Recent Filing)$588.70M
Total Debt (Recent Filing)$5.81B
Price to Earnings (P/E)27.7
Beta1.01
Next Earnings
Jul 31, 2024EPS Estimate
$2.53Next Dividend Ex-Date
May 23, 2024Dividend Yield1.08%
Share Statistics
EPS (TTM)8.02
Shares Outstanding134,397,680
10 Day Avg. Volume929,403
30 Day Avg. Volume687,794
Standard Deviation0.08
R-Squared0.55
Alpha0.00659
Financial Highlights & Ratios
Price to Book (P/B)-7.92
Price to Sales (P/S)1.40
Price to Cash Flow (P/CF)13.80
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.64
Enterprise Value/Gross Profit7.55
Enterprise Value/Ebitda21.69
Forecast
1Y Price Target
$259.50Price Target Upside16.65% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
CDW News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCDW is experiencing a client device refresh sooner than expected, which, along with strong customer engagement and a healthy pipeline, suggests potential for above-seasonal performance.
Margins And Revenue StreamsMargins are anticipated to stay firm due to a shift in sales mix towards cloud/SaaS and stable product pricing, with cloud and SaaS based revenue streams outpacing overall net sales growth.
Strategic AcquisitionsCDW's strong free cash flow generation and healthy leverage ratios provide flexibility for potential acquisitions, which remain a driver for earnings growth potential.
Bears Say
Earnings ForecastCDW's shares declined as results missed expectations, and the company provided a lower forecast for FY2024 due to challenging conditions expected to persist.
Industry TrendThe report indicates a slowdown in decision-making cycles for AI spending, which could impact the company's short-term performance.
Product DemandHardware revenue declines on the back of soft demand in Networking as well as continued sluggish trends in Client Devices are anticipated to persist.
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Ownership Overview
25.23% Insiders
30.20% Mutual Funds
35.78% Other Institutional Investors
8.80% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CDW FAQ
What was CDW’s price range in the past 12 months?
CDW lowest stock price was $165.85 and its highest was $263.37 in the past 12 months.
What is CDW’s market cap?
Currently, no data Available
When is CDW’s upcoming earnings report date?
CDW’s upcoming earnings report date is Jul 31, 2024 which is in 81 days.
How were CDW’s earnings last quarter?
CDW released its earnings results on May 01, 2024. The company reported $1.92 earnings per share for the quarter, missing the consensus estimate of $2.149 by -$0.229.
Is CDW overvalued?
According to Wall Street analysts CDW’s price is currently Undervalued.
Does CDW pay dividends?
CDW pays a Quarterly dividend of $0.62 which represents an annual dividend yield of 1.08%. See more information on CDW dividends here
What is CDW’s EPS estimate?
CDW’s EPS estimate is $2.53.
How many shares outstanding does CDW have?
CDW has 134,397,670 shares outstanding.
What happened to CDW’s price movement after its last earnings report?
CDW reported an EPS of $1.92 in its last earnings report, missing expectations of $2.149. Following the earnings report the stock price went down -11.267%.
Which hedge fund is a major shareholder of CDW?
Among the largest hedge funds holding CDW’s share is Longview Partners (Guernsey) Ltd. It holds CDW’s shares valued at 707M.
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CDW Stock Smart Score
Neutral
1
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Analyst Consensus
Moderate Buy
Average Price Target:
$259.50 (16.65% Upside)
$259.50 (16.65% Upside)
Blogger Sentiment
Bullish
CDW Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.2%
Last 30 Days ▼ 0.2%
Last 30 Days ▼ 0.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
33.45%
12-Months-Change
Fundamentals
Return on Equity
58.81%
Trailing 12-Months
Asset Growth
3.33%
Trailing 12-Months
Company Description
CDW
CDW Corp. engages in the provision of information technology solutions including mobility, security, data center optimization, cloud computing, virtualization and collaboration. It operates through the following segments: Corporate, Small Business, and Public. The Corporate segment serves the private sector business customers. The Small Business segment also caters to the private sector businesses but with smaller number of employees. The Public segment involves government agencies, education, and healthcare institutions. The company was founded in 1984 by Michael P. Krasny and is headquartered in Lincolnshire, IL.
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CDW Company Deck
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CDW Earnings Call
Q1 2024
0:00 / 0:00
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CDW Net sales Breakdown
73.46% Hardware
17.77% Software
8.24% Services
0.53% Other
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CDW Stock 12 Month Forecast
Average Price Target
$259.50
▲(16.65% Upside)
Technical Analysis
Best Analysts Covering CDW
1 Year
1 Year Success Rate
18/19 ratings generated profit
1 Year Average Return
+25.59%
reiterated a buy rating 10 days ago
Copying Matthew Sheerin's trades and holding each position for 1 Year would result in 94.74% of your transactions generating a profit, with an average return of +25.59% per trade.
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