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FMC stock just set a new ceiling higher, 50% higher indeed
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Laser breakthrough could send stock soaring 2,467% (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
FMC stock just set a new ceiling higher, 50% higher indeed
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Laser breakthrough could send stock soaring 2,467% (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
FMC stock just set a new ceiling higher, 50% higher indeed
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
Laser breakthrough could send stock soaring 2,467% (Ad)
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Venezuela defends military buildup, accusing neighboring Guyana of granting illegal oil contracts
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Stock market today: World shares mostly higher after S&P 500 tops 5,000
FMC stock just set a new ceiling higher, 50% higher indeed
NASDAQ:CDW

CDW (CDW) Stock Price, News & Analysis

$245.23
+1.27 (+0.52%)
(As of 02/9/2024 08:56 PM ET)
Compare
Today's Range
$241.49
▼
$245.41
50-Day Range
$209.59
▼
$245.23
52-Week Range
$160.66
▼
$247.63
Volume
884,800 shs
Average Volume
799,114 shs
Market Capitalization
$32.85 billion
P/E Ratio
30.28
Dividend Yield
1.01%
Price Target
$223.60
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability

CDW MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
8.8% Downside
$223.60 Price Target
Short Interest
Healthy
1.58% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-1.05
Upright™ Environmental Score
News Sentiment
0.76mentions of CDW in the last 14 days
Based on 36 Articles This Week
Insider Trading
Selling Shares
$10.65 M Sold Last Quarter
Proj. Earnings Growth
8.75%
From $9.71 to $10.56 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.

4.64 out of 5 stars

Computer And Technology Sector

59th out of 587 stocks

Catalog & Mail - Order Houses Industry

2nd out of 12 stocks

See Top Rated MarketRank™ Stocks Here

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, hybrid, and cloud capabilities across hybrid infrastructure, digital experience, 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, 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

February 11, 2024 | americanbankingnews.com
Barclays Raises CDW (NASDAQ:CDW) Price Target to $261.00
February 10, 2024 | finance.yahoo.com
CDW Corporation (NASDAQ:CDW) Released Earnings Last Week And Analysts Lifted Their Price Target To US$252
February 12, 2024 | The Oxford Club (Ad)
One company did the impossible with AI
It is the first company in the world to bring an AI-designed drug to clinical trials. It is now working with some of the biggest companies in the world to develop other treatments and is less than $10 today… but Wall Street has been moving in quickly buying up millions of shares.
February 10, 2024 | americanbankingnews.com
JPMorgan Chase & Co. Increases CDW (NASDAQ:CDW) Price Target to $267.00
February 9, 2024 | msn.com
Evidence that atomically thin hafnium telluride is an excitonic insulator
February 9, 2024 | finance.yahoo.com
CDW Full Year 2023 Earnings: Revenues Disappoint
February 8, 2024 | msn.com
CDW Announces Dividend and Boosts Share Buyback Program
February 8, 2024 | finance.yahoo.com
CDW Corporation (NASDAQ:CDW) Q4 2023 Earnings Call Transcript
February 12, 2024 | The Oxford Club (Ad)
One company did the impossible with AI
It is the first company in the world to bring an AI-designed drug to clinical trials. It is now working with some of the biggest companies in the world to develop other treatments and is less than $10 today… but Wall Street has been moving in quickly buying up millions of shares.
February 8, 2024 | americanbankingnews.com
CDW (NASDAQ:CDW) Trading Up 3.8% Following Strong Earnings
February 8, 2024 | americanbankingnews.com
CDW (NASDAQ:CDW) to Repurchase $750.00 million in Outstanding Stock
February 7, 2024 | msn.com
CDW declares $0.62 dividend
February 7, 2024 | msn.com
Why Electronic Equipment Company CDW Shares Are Up Today
February 7, 2024 | markets.businessinsider.com
CDW earnings preview: what Wall Street is expecting
February 7, 2024 | msn.com
Tech Reseller CDW Edges Above Earnings Target But Sales Lag
February 7, 2024 | finance.yahoo.com
CDW Corp (CDW) Earnings: Navigating Economic Headwinds with Resilient Margins and Strategic Focus
February 7, 2024 | finance.yahoo.com
CDW's quarterly revenue misses estimates on lower demand for IT solutions
February 7, 2024 | markets.businessinsider.com
CDW Corporation Adds 6% On Raising Buyback Authorization
February 7, 2024 | businesswire.com
CDW Reports Fourth Quarter and Full Year 2023 Earnings
February 7, 2024 | businesswire.com
CDW Authorizes $750 Million Share Repurchase Program Increase and Declares Quarterly Cash Dividend of $0.62 Per Share
February 6, 2024 | msn.com
CDW Q4 2023 Earnings Preview
February 6, 2024 | theguardian.com
Digital art, Grammys and a fashion protest: photos of the day – Monday
February 6, 2024 | americanbankingnews.com
CDW (CDW) Scheduled to Post Earnings on Wednesday
February 3, 2024 | newsweek.com
Amex Blue Cash Everyday Benefits Guide
February 2, 2024 | finance.yahoo.com
Stay Ahead of the Game With CDW (CDW) Q4 Earnings: Wall Street's Insights on Key Metrics
February 1, 2024 | usnews.com
Best Laser Printers of 2024 | U.S. News
February 1, 2024 | benzinga.com
$1000 Invested In CDW 10 Years Ago Would Be Worth This Much Today
See More Headlines
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Company Calendar

Ex-Dividend for 12/12 Dividend
11/22/2023
Dividend Payable
12/12/2023
Last Earnings
2/07/2024
Today
2/12/2024
Ex-Dividend for 3/12 Dividend
2/23/2024
Dividend Payable
3/12/2024
Next Earnings (Estimated)
5/01/2024
Fiscal Year End
12/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Computer and Technology
Industry
Catalog & mail - order houses
Sub-Industry
N/A
Current Symbol
NASDAQ:CDW
CUSIP
N/A
CIK
1402057
Web
www.cdw.com
Phone
(847) 465-6000
Fax
N/A
Employees
10,600
Year Founded
1984

Price Target and Rating

Average Stock Price Target
$223.60
High Stock Price Target
$267.00
Low Stock Price Target
$185.00
Potential Upside/Downside
-8.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
9 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$8.10
Trailing P/E Ratio
30.28
Forward P/E Ratio
25.26
P/E Growth
1.93
Net Income
$1.11 billion
Net Margins
5.17%
Pretax Margin
6.78%
Return on Equity
73.93%
Return on Assets
10.02%

Debt

Debt-to-Equity Ratio
2.46
Current Ratio
1.23
Quick Ratio
1.20

Sales & Book Value

Annual Sales
$21.38 billion
Price / Sales
1.54
Cash Flow
$11.93 per share
Price / Cash Flow
20.55
Book Value
$15.25 per share
Price / Book
16.08

Miscellaneous

Outstanding Shares
133,960,000
Free Float
132,821,000
Market Cap
$32.85 billion
Optionable
Optionable
Beta
1.10

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Should I Buy CDW Stock? CDW Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of CDW was last updated on Thursday, February 1, 2024 at 1:45 PM.

Pros

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

  • Strong institutional ownership: CDW Co. has a high percentage of institutional investors, indicating confidence in the company's performance and potential.
  • Steady growth in stock price: CDW Co.'s stock price has shown consistent growth over recent periods, providing potential for capital appreciation.
  • Robust financial performance: CDW Co. has demonstrated strong financial performance, with consistent revenue growth and profitability.
  • Expanding market presence: CDW Co. has been expanding its market presence and customer base, which could lead to increased revenue and market share.
  • Strategic partnerships: CDW Co. has established strategic partnerships with leading technology companies, enhancing its product offerings and market competitiveness.

Cons

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

  • Dependence on economic conditions: CDW Co.'s performance is influenced by overall economic conditions, and a downturn in the economy could impact its business.
  • Competition in the industry: CDW Co. operates in a highly competitive industry, which could put pressure on its market share and profitability.
  • Regulatory risks: CDW Co. is subject to various regulations and compliance requirements, which could increase operational costs and pose legal risks.
  • Potential cybersecurity threats: As an information technology services provider, CDW Co. faces the risk of cybersecurity breaches, which could lead to reputational damage and financial losses.
  • Uncertainty in technology trends: The technology industry is constantly evolving, and CDW Co. needs to adapt to changing trends and customer preferences to remain competitive.














CDW Stock Analysis - Frequently Asked Questions

Should I buy or sell CDW stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CDW in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CDW shares.
View CDW analyst ratings or view top-rated stocks.

What is CDW's stock price target for 2024?

9 Wall Street research analysts have issued 1 year price objectives for CDW's shares. Their CDW share price targets range from $185.00 to $267.00. On average, they predict the company's share price to reach $223.60 in the next year. This suggests that the stock has a possible downside of 8.8%.
View analysts price targets for CDW or view top-rated stocks among Wall Street analysts.

How have CDW shares performed in 2024?

CDW's stock was trading at $227.32 at the start of the year. Since then, CDW stock has increased by 7.9% and is now trading at $245.23.
View the best growth stocks for 2024 here.

When is CDW's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our CDW earnings forecast.

How were CDW's earnings last quarter?

CDW Co. (NASDAQ:CDW) announced its earnings results on Wednesday, February, 7th. The information technology services provider reported $2.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.56 by $0.01. The information technology services provider earned $5.02 billion during the quarter, compared to analysts' expectations of $5.32 billion. CDW had a trailing twelve-month return on equity of 73.93% and a net margin of 5.17%. The company's quarterly revenue was down 7.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.40 EPS.
Read the conference call transcript.

How often does CDW pay dividends? What is the dividend yield for CDW?

CDW announced a quarterly dividend on Wednesday, February 7th. Shareholders of record on Monday, February 26th will be given a dividend of $0.62 per share on Tuesday, March 12th. This represents a $2.48 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date is Friday, February 23rd.
Read our dividend analysis for CDW.

Is CDW a good dividend stock?

CDW (NASDAQ:CDW) pays an annual dividend of $2.48 per share and currently has a dividend yield of 1.01%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CDW will have a dividend payout ratio of 23.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CDW.

What ETFs hold CDW's stock?

ETFs with the largest weight of CDW (NASDAQ:CDW) stock in their portfolio include Argent Mid Cap ETF (AMID), BTD Capital Fund (DIP), VictoryShares Nasdaq Next 50 ETF (QQQN), ProShares S&P Technology Dividend Aristocrats ETF (TDV), Invesco NASDAQ Next Gen 100 ETF (QQQJ), Invesco Zacks Mid-Cap ETF (CZA), Harbor Dividend Growth Leaders ETF (GDIV) and Invesco S&P 500 Equal Weight Technology ETF (RSPT).

How will CDW's stock buyback program work?

CDW declared that its Board of Directors has authorized a share repurchase program on Wednesday, February 7th 2024, which authorizes the company to buyback $750,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 2.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

What other stocks do shareholders of CDW own?

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

Who are CDW's major shareholders?

CDW's stock is owned by many different retail and institutional investors. Top institutional investors include Mawer Investment Management Ltd. (2.29%), Neuberger Berman Group LLC (1.64%), Cantillon Capital Management LLC (1.06%), Mitsubishi UFJ Asset Management Co. Ltd. (1.03%), Fenimore Asset Management Inc. (0.94%) and Dimensional Fund Advisors LP (0.85%). Insiders that own company stock include Albert Joseph Miralles Jr, Christina M Corley, Christina M Corley, Christine A Leahy, Donna F Zarcone and Frederick J Kulevich.
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.

Does CDW have any subsidiaries?
The following companies are subsidiares of CDW: Aptris Inc, Berbee, CDW Canada Corp., CDW Direct LLC, CDW Finance Bidco Limited, CDW Finance Corporation, CDW Finance Holdings Limited, CDW Finance Topco Limited, CDW Government LLC, CDW International Holdings Limited, CDW LLC, CDW Limited, CDW Logistics Inc., CDW NA Limited, CDW Technologies LLC, Kelway TopCo Limited, and Scalar Decisions.
Read More
This page (NASDAQ:CDW) was last updated on 2/12/2024 by MarketBeat.com Staff

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