With 1.16 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.52 million shares. The 52-week range on CDW shows that it touched its highest point at $241.26 and its lowest point at $137.31 during that stretch. It currently has a 1-year price target of $206.11. With its current market cap of 24.15 billion, CDW has annualized dividend of $2.49 while the current yield stands at 1.36%. Beta for the stock currently stands at 0.94.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CDW was down-trending over the past week, with a drop of -2.68%, but this was up by 18.42% over a month. Three-month performance dropped to -1.67% while six-month performance rose 2.98%. The stock lost -19.65% in the past year, while it has gained 5.37% so far this year. A look at the trailing 12-month EPS for CDW yields 8.07 with Next year EPS estimates of 10.36. For the next quarter, that number is 2.49. This implies an EPS growth rate of 2.38% for this year and 6.28% for next year. EPS is expected to grow by 6.44% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.84%.
Float and Shares Shorts:
At present, 131.70 million CDW shares are outstanding with a float of 131.14 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CDW since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $9.40264 being high and $9.36262 being low. For CDW, this leads to a yearly average estimate of $9.38263.
