Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, CDW Corp (NASDAQ: CDW) closed at $219.56 up 0.53% from its previous closing price of $218.41. In other words, the price has increased by $0.53 from its previous closing price. On the day, 0.81 million shares were traded. CDW stock price reached its highest trading level at $222.8 during the session, while it also had its lowest trading level at $218.15.
Ratios:
For a deeper understanding of CDW Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.71 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 2.89 whereas as Long-Term Debt/Eq ratio is at 2.43.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 29508423680 and an Enterprise Value of 34889154560. As of this moment, CDW’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.38, and their Forward P/E ratio for the next fiscal year is 19.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.40 while its Price-to-Book (P/B) ratio in mrq is 13.80. Its current Enterprise Value per Revenue stands at 1.65 whereas that against EBITDA is 17.401.
Stock Price History:
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 -10.77%, while the 200-Day Moving Average is calculated to be -0.61%.
Shares Statistics:
For the past three months, CDW has traded an average of 714.50K shares per day and 838330 over the past ten days. A total of 134.10M shares are outstanding, with a floating share count of 133.98M. Insiders hold about 0.31% of the company’s shares, while institutions hold 94.20% stake in the company. Shares short for CDW as of 1713139200 were 3082627 with a Short Ratio of 4.31, 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
According to the company, the forward annual dividend rate for CDW is 2.42, from 2.42 in the trailing year. Against a Trailing Annual Dividend Yield of 0.011080079The stock’s 5-year Average Dividend Yield is 1.08.
