Streetbeat News

CDW

CDW Corporation

https://www.cdw.com

Industry

Information Technology Services

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise, hybrid, and cloud capabilities across data center and networking, digital workspace, and security. Its hardware products comprise notebooks/mobile devices, network communications, desktop computers, video monitors, enterprise and data storage, and others; and software products consists of application suites, security, virtualization, operating systems, and network management. The company also provides advisory and design, software development, implementation, managed, professional, configuration, and telecom services, as well as warranties; mission critical software, systems, and network solutions; and implementation and installation, and repair services to its customers through various third-party service providers. It serves government, education, and healthcare customers; and small, medium, and large business customers. The company was founded in 1984 and is headquartered in Vernon Hills, Illinois.

Open

178.08

Mkt cap

24B

Volume

1.5M

High

179.96

P/E Ratio

21.88

52-wk high

263.37

Low

177.27

Div yield

0.01

52-wk low

172.95

CDW (NASDAQ:CDW) has outperformed the market over the past 10 years by 15.29% on an annualized basis, producing an average annual return of 24.8%. If an investor had bought $1000 of CDW stock 10 years ago, it would be worth $9,262.85 today.

Portfolio Pulse from Benzinga Insights

October 17, 2023 | 8:00 pm

CDW's short percent of float has risen 35.94% since its last report, with 2.04 million shares sold short, which is 1.74% of all regular shares available for trading. It would take traders 3.08 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. CDW's peer group average for short interest as a percentage of float is 3.36%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

October 12, 2023 | 3:15 pm

The article provides a comprehensive comparison of CDW Corp (NASDAQ:CDW) and its competitors in the Electronic Equipment, Instruments & Components industry. CDW's P/E, P/B, and P/S ratios are significantly higher than the industry average, suggesting a premium valuation. However, the company's ROE, EBITDA, and gross profit are also higher, indicating strong profitability and efficiency. CDW's revenue growth is lower than the industry average, indicating a slowdown in sales expansion. The company also has a higher debt-to-equity ratio compared to its top 4 peers.

Portfolio Pulse from Benzinga Insights

October 06, 2023 | 4:00 pm

UBS analyst David Vogt has initiated coverage on CDW (NASDAQ:CDW) with a Buy rating and announced a price target of $237.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 10:40 am

CDW (NASDAQ:CDW) has outperformed the market over the past 10 years by 14.19% on an annualized basis, producing an average annual return of 24.14%. If an investor had bought $100 of CDW stock 10 years ago, it would be worth $871.93 today.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 8:30 pm

CDW's short percent of float has fallen 5.19% since its last report, with 1.51 million shares sold short, which is 1.28% of all regular shares available for trading. It would take traders 3.49 days to cover their short positions on average. CDW's peer group average for short interest as a percentage of float is 3.22%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 26, 2023 | 6:15 pm

CDW (NASDAQ:CDW) has outperformed the market over the past 10 years by 14.41% on an annualized basis, producing an average annual return of 24.33%. If an investor had bought $100 of CDW stock 10 years ago, it would be worth $870.63 today.

Portfolio Pulse from Benzinga Insights

September 15, 2023 | 4:30 pm

CDW (NASDAQ:CDW) is set to issue a dividend payout of $0.59 per share, resulting in an annualized dividend yield of 1.26%. The company's dividend per share has shown a positive trend from 2019 to 2022, increasing from $1.26 to $2.09. CDW's earnings per share also increased from $5.86 to $9.37 during the same period. The company's dividend yield is mid-range compared to its industry peers, with Taitron Components (NASDAQ:TAIT) having the highest annualized dividend yield at 5.68%.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 3:05 pm

CDW's short percent of float has fallen 10.0% since its last report, with 1.59 million shares sold short, which is 1.35% of all regular shares available for trading. It would take traders 2.05 days to cover their short positions on average. CDW's peer group average for short interest as a percentage of float is 3.16%, indicating that the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

September 08, 2023 | 8:15 pm

CDW's short percent of float has risen 16.28% since its last report, with 1.76 million shares sold short, which is 1.5% of all regular shares available for trading. It would take traders 3.27 days to cover their short positions on average. An increase in short interest can signal that investors have become more bearish. CDW's peer group average for short interest as a percentage of float is 3.16%, which means the company has less short interest than most of its peers.

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 7:45 pm

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