Here is how CDW Corp (CDW) stock might take investors finances to the next level

At the time of writing, CDW Corp [CDW] stock is trading at $177.12, up 0.44%. 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 3.28% over the last week, with a monthly amount drifted -2.33%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

CDW Corp [NASDAQ: CDW] stock has seen the most recent analyst activity on November 15, 2024, when Redburn Atlantic initiated its Buy rating and assigned the stock a price target of $230. Previously, JP Morgan downgraded its rating to Neutral on October 28, 2024, and dropped its price target to $235. On October 01, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $245 on the stock. Northcoast upgraded its rating to a Buy. Morgan Stanley downgraded its rating to a Equal-Weight but $216 remained the price target by the analyst firm on December 12, 2023. UBS started tracking with a Buy rating for this stock on October 03, 2023, and assigned it a price target of $237. In a note dated July 18, 2023, Barclays initiated an Equal Weight rating and provided a target price of $198 on this stock.

For the past year, the stock price of CDW Corp fluctuated between $170.68 and $263.37. Currently, Wall Street analysts expect the stock to reach $245 within the next 12 months. CDW Corp [NASDAQ: CDW] shares were valued at $177.12 at the most recent close of the market. An investor can expect a potential return of 38.32% based on the average CDW price forecast.

Analyzing the CDW fundamentals

According to CDW Corp [NASDAQ:CDW], the company’s sales were 20.83B for trailing twelve months, which represents an -1.98% plunge. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.51 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.57.

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 175.13 points at the first support level, and at 173.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 178.26, and for the 2nd resistance point, it is at 179.40.

Ratios To Look Out For

It is important to note that CDW Corp [NASDAQ:CDW] has a current ratio of 1.40. Further, the Quick Ratio stands at 1.28, while the Cash Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 1.13, the price to book ratio is 10.04 and price to earnings (TTM) ratio is 21.64.

Transactions by insiders

Recent insider trading involved LEAHY CHRISTINE A, that happened on Aug 01 ’24 when 1200.0 shares were purchased., MIRALLES ALBERT JOSEPH JR completed a deal on Aug 01 ’24 to buy 1050.0 shares. Meanwhile, Chawla Sona sold 18437.0 shares on Jul 16 ’24.

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