How have CDW Corporation (CDW)’s performance and profitability changed over the time?

CDW Corporation [CDW] stock prices are up down -1.07% to $180.02 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CDW shares have gain 1.05% over the last week, with a monthly amount glided 13.82%, and seem to be holding up well over a long-time horizon.

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On 4, August 2022, CDW Welcomes Carolyn Wiesenhahn as Chief People Officer. In a post published today on Yahoo Finance, CDW (Nasdaq: CDW), announced today that Carolyn A. Wiesenhahn will join CDW as chief people officer and senior vice president, coworker services, in September. She will be a member of CDW’s executive committee.

From an analyst’s perspective:

CDW Corporation [NASDAQ: CDW] stock has seen the most recent analyst activity on July 14, 2022, when JP Morgan upgraded its rating to a Overweight but kept the price target unchanged to $200 for it. Previously, Stifel upgraded its rating to Buy on April 14, 2022, and elevated its price target to $210. On March 31, 2022, upgrade upgraded it’s rating to Overweight and revised its price target to $214 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $196 on October 06, 2021. JP Morgan upgraded its rating to Neutral for this stock on September 29, 2021, but kept the price target unchanged to $200. In a note dated February 04, 2021, Morgan Stanley upgraded an Overweight rating on this stock but restated the target price of $164.

The stock price of CDW Corporation [CDW] has been fluctuating between $152.15 and $208.71 over the past year. Currently, Wall Street analysts expect the stock to reach $218.14 within the next 12 months. CDW Corporation [NASDAQ: CDW] shares were valued at $180.02 at the most recent close of the market. An investor can expect a potential return of 21.18% based on the average price forecast.

Analyzing the CDW fundamentals

The most recent quarter, CDW Corporation [NASDAQ:CDW] reported sales of 5.95 billion, representing a surge of 23.00%. Gross Margin for this corporation currently stands at +17.14% with Operating Margin at +7.08%, Pretax Margin comes in at +6.23%, and Net Margin reading is +4.75%.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 178.48 points at the first support level, and at 176.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 181.90, and for the 2nd resistance point, it is at 183.78.

CDW Corporation [CDW] reported earnings per share of $2.2 for its fiscal quarter that ended on 3/30/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $2.01/share, meaning a difference of $0.19 and a surprise factor of 9.50%. By comparison, the stated earnings for the previous quarter ended on 12/30/2021 were $2.08 per share as compared to estimates of $1.93 per share, a difference of $0.15 representing a surprise of 7.80%.

Ratios To Look Out For

It’s worth pointing out that CDW Corporation [NASDAQ:CDW]’s Current Ratio is 1.30. Further, the Quick Ratio stands at 1.09, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.38, the price to book ratio is 39.12 and the P/E (TTM) ratio is 24.86.

Transactions by insiders

Insider trading, which has resulted in 15 insider purchases of 6,370 shares and 0 insider sales of 0 shares in the past three months, is now the topic of our analysis. Recent insider trading involved MIRALLES ALBERT JOSEPH JR, that happened on May 06 when 1475.0 shares were purchased., LEAHY CHRISTINE A completed a deal on May 06 to buy 2900.0 shares. Meanwhile, MIRALLES ALBERT JOSEPH JR bought 1650.0 shares on Feb 11.