A Glimpse Into The Expert Outlook On CDW Through 8 Analysts
8 analysts have expressed a variety of opinions on CDW (NASDAQ:CDW) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 3 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 2 | 2 | 1 | 0 | 0 |
| 3M Ago | 1 | 1 | 0 | 0 | 0 |
Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $269.0, with a high estimate of $300.00 and a low estimate of $232.00. Observing a 0.53% increase, the current average has risen from the previous average price target of $267.57.
Deciphering Analyst Ratings: An In-Depth Analysis
A clear picture of CDW's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Keith Housum | Northcoast Research | Announces | Buy | $270.00 | - |
| Asiya Merchant | Citigroup | Lowers | Buy | $260.00 | $295.00 |
| Matthew Sheerin | Stifel | Lowers | Buy | $250.00 | $265.00 |
| Samik Chatterjee | JP Morgan | Lowers | Overweight | $265.00 | $280.00 |
| Mark Moskowitz | Barclays | Lowers | Equal-Weight | $232.00 | $261.00 |
| Samik Chatterjee | JP Morgan | Raises | Overweight | $280.00 | $267.00 |
| Asiya Merchant | Citigroup | Raises | Buy | $295.00 | $255.00 |
| Amit Daryanani | Evercore ISI Group | Raises | Outperform | $300.00 | $250.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to CDW. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of CDW compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for CDW's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into CDW's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on CDW analyst ratings.
Unveiling the Story Behind CDW
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.
CDW's Financial Performance
Market Capitalization: Exceeding industry standards, the company's market capitalization places it above industry average in size relative to peers. This emphasizes its significant scale and robust market position.
Revenue Challenges: CDW's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -4.51%. This indicates a decrease in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Net Margin: CDW's net margin excels beyond industry benchmarks, reaching 4.43%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): CDW's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 10.34%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): CDW's ROA stands out, surpassing industry averages. With an impressive ROA of 1.63%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: CDW's debt-to-equity ratio surpasses industry norms, standing at 2.71. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Core of Analyst Ratings: What Every Investor Should Know
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.