Zacks Research Analysts Reduce Earnings Estimates for CDW

CDW Co. (NASDAQ:CDW) – Equities research analysts at Zacks Research cut their Q2 2025 EPS estimates for shares of CDW in a report released on Wednesday, November 20th. Zacks Research analyst R. Department now forecasts that the information technology services provider will post earnings of $2.53 per share for the quarter, down from their previous estimate of $2.67. The consensus estimate for CDW’s current full-year earnings is $9.05 per share.

Several other research analysts have also weighed in on CDW. Redburn Atlantic started coverage on shares of CDW in a research note on Friday, November 15th. They set a “buy” rating and a $230.00 target price for the company. Barclays decreased their price objective on shares of CDW from $229.00 to $201.00 and set an “equal weight” rating on the stock in a report on Thursday, October 31st. Citigroup downgraded shares of CDW from a “buy” rating to a “neutral” rating and dropped their target price for the company from $250.00 to $245.00 in a report on Tuesday, October 1st. Finally, JPMorgan Chase & Co. cut CDW from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $260.00 to $235.00 in a research note on Monday, October 28th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $244.63.

CDW Stock Performance

NASDAQ CDW opened at $178.96 on Friday. The stock has a market cap of $23.85 billion, a PE ratio of 21.88, a P/E/G ratio of 4.97 and a beta of 1.05. CDW has a twelve month low of $172.95 and a twelve month high of $263.37. The stock has a fifty day simple moving average of $209.49 and a 200-day simple moving average of $218.45. The company has a current ratio of 1.40, a quick ratio of 1.28 and a debt-to-equity ratio of 2.39.

CDW (NASDAQ:CDW) last posted its earnings results on Wednesday, October 30th. The information technology services provider reported $2.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.68 by ($0.05). CDW had a return on equity of 58.31% and a net margin of 5.33%. The business had revenue of $5.52 billion for the quarter, compared to analyst estimates of $5.72 billion. During the same period last year, the business earned $2.60 EPS. CDW’s revenue was down 2.0% compared to the same quarter last year.

Institutional Trading of CDW

A number of large investors have recently modified their holdings of CDW. ORG Partners LLC purchased a new stake in shares of CDW during the second quarter worth approximately $34,000. Quest Partners LLC acquired a new position in CDW during the 2nd quarter worth approximately $35,000. Canoe Financial LP purchased a new stake in shares of CDW in the 3rd quarter valued at approximately $37,000. Fortitude Family Office LLC raised its holdings in shares of CDW by 350.0% in the 3rd quarter. Fortitude Family Office LLC now owns 171 shares of the information technology services provider’s stock valued at $39,000 after purchasing an additional 133 shares in the last quarter. Finally, Summit Securities Group LLC purchased a new stake in shares of CDW during the 2nd quarter worth $40,000. Hedge funds and other institutional investors own 93.15% of the company’s stock.

CDW Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Monday, November 25th will be paid a dividend of $0.625 per share. This is an increase from CDW’s previous quarterly dividend of $0.62. This represents a $2.50 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Monday, November 25th. CDW’s dividend payout ratio is presently 30.32%.

About CDW

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 and cloud capabilities across hybrid infrastructure, digital experience, and security.