In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
CDW Corp (NASDAQ: CDW) closed the day trading at $170.03 down -2.30% from the previous closing price of $174.04. In other words, the price has decreased by -$2.30 from its previous closing price. On the day, 1.0 million shares were traded. CDW stock price reached its highest trading level at $175.435 during the session, while it also had its lowest trading level at $168.48.
Ratios:
For a better understanding of CDW, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.28 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 2.79 whereas as Long-Term Debt/Eq ratio is at 2.45.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Redburn Atlantic on November 15, 2024, initiated with a Buy rating and assigned the stock a target price of $230.
On October 28, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $260 to $235.
Citigroup Downgraded its Buy to Neutral on October 01, 2024, whereas the target price for the stock was revised from $250 to $245.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 01 ’24 when LEAHY CHRISTINE A bought 1,200 shares for $216.15 per share. The transaction valued at 259,380 led to the insider holds 102,200 shares of the business.
MIRALLES ALBERT JOSEPH JR bought 1,050 shares of CDW for $227,449 on Aug 01 ’24. The insider now owns 16,876 shares after completing the transaction at $216.62 per share. On Jul 16 ’24, another insider, Chawla Sona, who serves as the insider of the company, sold 18,437 shares for $240.45 each. As a result, the insider received 4,433,120 and left with 22,428 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 22658877440 and an Enterprise Value of 28046888960. As of this moment, CDW’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.77, and their Forward P/E ratio for the next fiscal year is 16.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 9.64. Its current Enterprise Value per Revenue stands at 1.346 whereas that against EBITDA is 14.049.
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 $170.68. The 50-Day Moving Average of the stock is -8.47%, while the 200-Day Moving Average is calculated to be -21.74%.
Shares Statistics:
Over the past 3-months, CDW traded about 1.26M shares per day on average, while over the past 10 days, CDW traded about 1089190 shares per day. A total of 133.20M shares are outstanding, with a floating share count of 132.82M. Insiders hold about 0.34% of the company’s shares, while institutions hold 93.42% stake in the company. Shares short for CDW as of 1734048000 were 2652142 with a Short Ratio of 2.11, compared to 1731628800 on 2449858. Therefore, it implies a Short% of Shares Outstanding of 2652142 and a Short% of Float of 2.26.
Dividends & Splits
CDW’s forward annual dividend rate is 2.48, up from 2.48 a year ago. Against a Trailing Annual Dividend Yield of 0.014249599The stock’s 5-year Average Dividend Yield is 1.11.
