CDW (CDW)

• Market cap: $23.3B
• 1 day: 0.72%
• 5 days: -0.77%
• 1 month: -0.83%
• 3 months: -22.53%
• 6 months: -24.75%
• Year to date: -20.91%
• 1 year: -21.53%
• 5 years: 21.27%
• 10 years: 397.52%
• Sector: Consumer Discretionary
• Industry: Catalog & Mail-Order Houses

About: CDW Corp is a multi-brand provider of information technology ("IT") solutions to small, medium, and large business, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The company's broad array of offerings ranges from discrete hardware and software products to integrated IT solutions and services that include on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. The company has three operating segments namely, Corporate, Small Business, and Public. The Corporate segment generates the majority of its revenue and primarily serves US private sector business customers with more than 250 employees.

Employees: 250

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

101% more call options, than puts

Call options by funds: $121M | Put options by funds: $60.1M

4% less capital invested

Capital invested by funds: $28.6B [Q2] → $27.6B (-$1.08B) [Q3]

9% less repeat investments, than reductions

Existing positions increased: 313 | Existing positions reduced: 343

1% less funds holding

Funds holding: 888 [Q2] → 876 (-12) [Q3]

3.97% less ownership

Funds ownership: 95.26% [Q2] → 91.29% (-3.97%) [Q3]

6% less funds holding in top 10

Funds holding in top 10: 16 [Q2] → 15 (-1) [Q3]

13% less first-time investments, than exits

New positions opened: 81 | Existing positions closed: 93

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $193 11% upside
• Avg. target: $221 27% upside
• High target: $245 40% upside

5 analyst ratings

• positive: 1 20%
• neutral: 4 80%
• negative: 0 0%

Morgan Stanley Erik Woodring 52% 1-year accuracy 14 / 27 met price target	11% upside $193	Equal-Weight Maintained	16 Dec 2024
Redburn Atlantic Harry Read 33% 1-year accuracy 1 / 3 met price target	32% upside $230	Buy Initiated	15 Nov 2024
Barclays Mark Moskowitz 0 / 0 met price target	15% upside $201	Equal-Weight Maintained	31 Oct 2024
JP Morgan Samik Chatterjee 56% 1-year accuracy 37 / 66 met price target	35% upside $235	Neutral Downgraded	28 Oct 2024
Citigroup Asiya Merchant 48% 1-year accuracy 13 / 27 met price target	40% upside $245	Neutral Downgraded	1 Oct 2024