Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
As of close of business last night, CDW Corp’s stock clocked out at $214.61, down -11.27% from its previous closing price of $241.86. In other words, the price has decreased by -$11.27 from its previous closing price. On the day, 2.42 million shares were traded. CDW stock price reached its highest trading level at $226.72 during the session, while it also had its lowest trading level at $213.4401.
Ratios:
To gain a deeper understanding of CDW’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 48.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.86. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 3.07 whereas as Long-Term Debt/Eq ratio is at 2.54.
On October 03, 2023, UBS started tracking the stock assigning a Buy rating and target price of $237.
On July 18, 2023, Barclays started tracking the stock assigning a Equal Weight rating and target price of $198.Barclays initiated its Equal Weight rating on July 18, 2023, with a $198 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 14 ’23 when CORLEY CHRISTINA M sold 34,079 shares for $220.94 per share. The transaction valued at 7,529,302 led to the insider holds 62,536 shares of the business.
CORLEY CHRISTINA M sold 700 shares of CDW for $154,007 on Dec 13 ’23. The insider now owns 62,536 shares after completing the transaction at $220.01 per share. On Nov 22 ’23, another insider, CORLEY CHRISTINA M, who serves as the insider of the company, sold 48,320 shares for $217.23 each. As a result, the insider received 10,496,614 and left with 62,536 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CDW now has a Market Capitalization of 28836716544 and an Enterprise Value of 38146367488. As of this moment, CDW’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.48, and their Forward P/E ratio for the next fiscal year is 18.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 14.09. Its current Enterprise Value per Revenue stands at 1.785 whereas that against EBITDA is 18.798.
Stock Price History:
The Beta on a monthly basis for CDW is 1.09, which has changed by 0.30971563 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, CDW has reached a high of $263.37, while it has fallen to a 52-week low of $162.59. The 50-Day Moving Average of the stock is -13.13%, while the 200-Day Moving Average is calculated to be -2.73%.
Shares Statistics:
It appears that CDW traded 683.23K shares on average per day over the past three months and 752890 shares per day over the past ten days. A total of 134.10M shares are outstanding, with a floating share count of 133.80M. Insiders hold about 0.31% of the company’s shares, while institutions hold 94.25% stake in the company. Shares short for CDW as of 1713139200 were 3082627 with a Short Ratio of 4.51, compared to 1710460800 on 2648458. Therefore, it implies a Short% of Shares Outstanding of 3082627 and a Short% of Float of 2.5999999.
Dividends & Splits
With its trailing 12-month dividend rate of 2.39, CDW has a forward annual dividend rate of 2.42. Against a Trailing Annual Dividend Yield of 0.00988175The stock’s 5-year Average Dividend Yield is 1.08.
Earnings Estimates
The current rating of CDW Corp (CDW) reflects the combined expertise of 11.0 analysts actively engaged in assessing its market performance.On average, analysts expect EPS of $2.15 for the current quarter, with a high estimate of $2.31 and a low estimate of $2.06, while EPS last year was $2.03. The consensus estimate for the next quarter is $2.64, with high estimates of $2.82 and low estimates of $2.38.
Analysts are recommending an EPS of between $10.62 and $10.36 for the fiscal current year, implying an average EPS of $10.47. EPS for the following year is $11.53, with 11.0 analysts recommending between $12.22 and $11.0.
Revenue Estimates
In the current quarter, 9 analysts expect revenue to total $5B. It ranges from a high estimate of $5.07B to a low estimate of $4.94B. As of the current estimate, CDW Corp’s year-ago sales were $5.1BFor the next quarter, 9 analysts are estimating revenue of $5.51B. There is a high estimate of $5.65B for the next quarter, whereas the lowest estimate is $5.17B.
A total of 11 analysts have provided revenue estimates for CDW’s current fiscal year. The highest revenue estimate was $22.43B, while the lowest revenue estimate was $21.78B, resulting in an average revenue estimate of $22.07B. In the same quarter a year ago, actual revenue was $21.38BBased on 11 analysts’ estimates, the company’s revenue will be $23.52B in the next fiscal year. The high estimate is $24.45B and the low estimate is $22.54B.
