As of November 20, 2023, CDW Corp operates as a value-added reseller in the United States and Canada, providing a diverse range of products, from notebooks to data center software. The company generates approximately half of its revenue from midsize and large businesses, with the remaining portion coming from small businesses, government agencies, education institutions, and health-care organizations.
Examining the financial metrics, CDW Corp boasts a P/E ratio of 26.88, a P/B ratio of 15.93, and a P/S ratio of 1.35. Furthermore, it demonstrates a respectable ROE of 18.43%, EBITDA of $0.54 billion, gross profit of $1.23 billion, and a revenue growth of -9.45%.
When compared to its major competitors within the Electronic Equipment, Instruments & Components industry, CDW Corp’s P/E ratio surpasses the industry average of 13.19, indicating a relatively higher valuation. Similarly, its P/B and P/S ratios also exceed the industry average, suggesting that the market holds the company in higher regard compared to its competitors. However, it is worth noting that CDW Corp’s revenue growth falls below the industry average, which may raise concerns about its future prospects.
In the realm of competition, CDW Corp faces formidable rivals such as Accenture, Insight Enterprises Inc, SHI International Corp, Deloitte Consulting, and Skaled. These companies offer comparable products and services, making it crucial to consider their performance when evaluating CDW Corp’s position within the industry.
CDW Corporation
CDW
Strong Buy
Updated on: 30/11/2023
Financial Health
Very Healthy
Debt to equity ratio: Strong Buy
Price to earnings ratio: Strong Buy
Price to book ratio: Strong Buy
DCF: Strong Buy
ROE: Buy
CDW Corporation Stock Performance and Financial Indicators: November 20, 2023
CDW Corporation (CDW) is a technology services company that provides solutions for businesses and organizations. On November 20, 2023, CDW’s stock performance was as follows:
– Previous close: $215.29
– Today’s open: $215.29
– Day’s range: $213.13 – $217.36
– Volume: 51,149
– Average volume (3 months): 629,908
– Market cap: $28.9 billion
– Earnings growth (last year): +15.49%
– Earnings growth (this year): -2.94%
– Earnings growth (next 5 years): +13.10%
– Revenue growth (last year): +14.06%
– P/E ratio: 26.9
– Price/Sales: 1.03
– Price/Book: 18.21
CDW’s stock performance on November 20, 2023, was relatively stable. The stock opened at the same price as the previous close and traded within a range of $213.13 to $217.36 throughout the day. The volume of shares traded was 51,149, which is significantly lower than the average volume of 629,908 over the past three months.
CDW has a market capitalization of $28.9 billion, indicating its size and value as a company. The company has shown positive earnings growth of 15.49% in the last year, although it has experienced a slight decline of -2.94% in earnings growth this year. However, CDW is expected to have a strong earnings growth of 13.10% over the next five years.
In terms of revenue growth, CDW has performed well with a growth rate of 14.06% in the last year. The company’s financial ratios also indicate positive performance, with a P/E ratio of 26.9, suggesting that investors are willing to pay a higher price for CDW’s earnings. The Price/Sales ratio of 1.03 and Price/Book ratio of 18.21 further support the company’s favorable financial position.
CDW operates in the technology services sector and specifically in the information technology services industry. The company is headquartered in Lincolnshire, Illinois.
Overall, CDW’s stock performance on November 20, 2023, was stable, and the company’s financial indicators suggest positive growth prospects. Investors may find CDW to be an attractive investment option in the technology services sector.
CDW Corp: Strong Stock Performance and Optimistic Future Outlook
CDW Corp, a leading provider of technology solutions, has been performing well in the stock market. On November 20, 2023, the stock closed at a price of $217.21. However, analysts are optimistic about its future performance, with a median target price of $225.00.
The 10 analysts offering 12-month price forecasts for CDW Corp have a median target of $225.00, which represents a 3.59% increase from the last price. The high estimate is $240.00, while the low estimate is $214.30.
Furthermore, a consensus among 13 polled investment analysts is to buy stock in CDW Corp. This rating has remained steady since November, indicating a sustained positive sentiment towards the company.
CDW Corp’s financial performance also supports the positive outlook. In the current quarter, the company reported earnings per share of $2.58 and sales of $5.8 billion.
Investors should keep an eye on CDW Corp’s reporting date, which is scheduled for February 7. This will provide further insights into the company’s financial performance and may have an impact on its stock price.
Overall, CDW Corp’s stock has been performing well, and analysts are optimistic about its future growth potential. With a median target price of $225.00 and a consensus buy rating from investment analysts, investors may consider adding CDW Corp to their portfolios for potential gains. However, it is always important to conduct thorough research and consider one’s own investment goals and risk tolerance before making any investment decisions.
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