CDW
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
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
0.02% more ownership
Funds ownership: 91.94% [Q3] → 91.96% (+0.02%) [Q4]
8% less funds holding
Funds holding: 879 [Q3] → 811 (-68) [Q4]
14% less call options, than puts
Call options by funds: $70.1M | Put options by funds: $81.2M
20% less funds holding in top 10
Funds holding in top 10: 15 [Q3] → 12 (-3) [Q4]
23% less capital invested
Capital invested by funds: $27.8B [Q3] → $21.4B (-$6.39B) [Q4]
24% less repeat investments, than reductions
Existing positions increased: 267 | Existing positions reduced: 353
29% less first-time investments, than exits
New positions opened: 95 | Existing positions closed: 133
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$201
8%
upside
Avg. target
$215
15%
upside
High target
$223
20%
upside
3 analyst ratings
1 positive
33%
2 neutral
67%
0 negative
0%
Morgan Stanley Erik Woodring 61% 1-year accuracy 19 / 31 met price target | 8%upside $201 | Equal-Weight Maintained | 6 Feb 2025 |
Barclays George Wang 83% 1-year accuracy 15 / 18 met price target | 20%upside $223 | Equal-Weight Maintained | 6 Feb 2025 |
UBS David Vogt 42% 1-year accuracy 5 / 12 met price target | 18%upside $220 | Buy Maintained | 7 Jan 2025 |
Financial journalist opinion
Based on 12 articles about CDW published over the past 30 days
Neutral
Business Wire
3 days ago
CDW to Participate in the Morgan Stanley Technology, Media & Telecom Conference
VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that Albert J. Miralles, senior vice president and chief financial officer, CDW, will participate in a question and answer session at the Morgan Stanley Technology, Media & Telecom Conference in San Francisco, California on Tuesday.
Positive
Seeking Alpha
1 week ago
CDW Corp: Rating Upgrade As Growth Has Seen Positive Inflection
CDW Corp.'s 4Q24 results show a return to y/y revenue growth, driven by a 4% increase in hardware sales, marking a key growth inflection point. The recovery in enterprise hardware demand, along with strong growth in cloud and security services, should drive significant revenue and earnings growth for CDW. CDW's operating leverage is set to improve, with revenue growth carrying high incremental margins due to mostly fixed costs and a lower cost structure.
Neutral
Seeking Alpha
2 weeks ago
CDW Corporation (CDW) Q4 2024 Earnings Call Transcript
CDW Corporation (NASDAQ:CDW ) Q4 2024 Earnings Conference Call February 5, 2024 8:30 AM ET Company Participants Steve O'Brien - Vice President-Investor Relations Christine Leahy - Chair and Chief Executive Officer Albert Miralles - Senior Vice President and Chief Financial Officer Conference Call Participants Amit Daryanani - Evercore ISI Samik Chatterjee - JPMorgan Chase & Co Ruplu Bhattacharya - Bank of America Keith Housum - Northcoast Research Erik Woodring - Morgan Stanley George Wang - Barclays Operator Good morning all, and thank you for joining us for the CDW Fourth Quarter 2024 Earnings Call. My name is Carly, and I'll be coordinating your call today.
Positive
Zacks Investment Research
2 weeks ago
CDW Q4 Earnings Surpass Estimates on Solid Revenue Growth, Shares Up
CDW's Q4 performance gains from a strong business pipeline across all its sales units and international domains amid a dynamic macroeconomic backdrop.
Positive
Zacks Investment Research
2 weeks ago
CDW vs. CYBR: Which Stock Is the Better Value Option?
Investors looking for stocks in the Computers - IT Services sector might want to consider either CDW (CDW) or CyberArk (CYBR). But which of these two companies is the best option for those looking for undervalued stocks?
Positive
Zacks Investment Research
2 weeks ago
CDW (CDW) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for CDW (CDW) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Positive
Zacks Investment Research
2 weeks ago
CDW (CDW) Tops Q4 Earnings and Revenue Estimates
CDW (CDW) came out with quarterly earnings of $2.48 per share, beating the Zacks Consensus Estimate of $2.33 per share. This compares to earnings of $2.57 per share a year ago.
Positive
Reuters
2 weeks ago
CDW beats Q4 revenue estimates on strong IT solutions demand
CDW on Wednesday beat Wall Street estimates for the fourth quarter, helped by growing demand for its IT solutions, as small- and medium-sized businesses continue to spend on the company's services.
Neutral
Business Wire
2 weeks ago
CDW Authorizes $750 Million Share Repurchase Program Increase and Declares Quarterly Cash Dividend of $0.625 Per Share
VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced that its Board of Directors has authorized a $750 million increase to the Company's share repurchase program and declared a quarterly cash dividend. The cash dividend of $0.625 per common share will be paid on March 11, 2025 to all sto.
Neutral
Business Wire
2 weeks ago
CDW Reports Fourth Quarter and Full Year 2024 Earnings
VERNON HILLS, Ill.--(BUSINESS WIRE)--CDW Corporation (Nasdaq:CDW): (Dollars in millions, except per share amounts) Three Months Ended December 31, Year Ended December 31, 2024 2023 % Chg. 2024 2023 % Chg. Net Sales $ 5,186.0 $ 5,018.5 3.3 % $ 20,998.7 $ 21,376.0 (1.8 )% Gross Profit $ 1,155.3 $ 1,153.8 0.1 $ 4,602.4 $ 4,652.4 (1.1 ) Gross Profit Margin 22.3 % 23.0 % 21.9 % 21.8 % Operating Income $ 408.6 $ 435.0 (6.1 ) $ 1,651.3 $ 1,680.9 (1.
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