In the past week, CDW stock has gone down by -1.11%, with a monthly decline of -0.73% and a quarterly surge of 0.57%. The volatility ratio for the week is 1.92%, and the volatility levels for the last 30 days are 2.03% for CDW Corp The simple moving average for the past 20 days is 2.28% for CDW’s stock, with a -1.96% simple moving average for the past 200 days.
Is It Worth Investing in CDW Corp (NASDAQ: CDW) Right Now?
CDW Corp (NASDAQ: CDW) has a higher price-to-earnings ratio of 27.61x compared to its average ratio. CDW has 36-month beta value of 1.03. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 5 as “overweight,” 3 as “hold,” and 1 as “sell.”
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The public float for CDW is 133.12M, and currently, short sellers hold a 2.80% ratio of that float. The average trading volume of CDW on September 26, 2024 was 938.42K shares.
CDW) stock’s latest price update
The stock of CDW Corp (NASDAQ: CDW) has increased by 1.83 when compared to last closing price of 221.28.Despite this, the company has seen a loss of -1.11% in its stock price over the last five trading days. zacks.com reported 2024-08-30 that CDW (CDW) reported earnings 30 days ago. What’s next for the stock?
Analysts’ Opinion of CDW
Morgan Stanley, on the other hand, stated in their research note that they expect to see CDW reach a price target of $216. The rating they have provided for CDW stocks is “Equal-Weight” according to the report published on December 12th, 2023.
UBS gave a rating of “Buy” to CDW, setting the target price at $237 in the report published on October 03rd of the previous year.
CDW Trading at 1.71% from the 50-Day Moving Average
After a stumble in the market that brought CDW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.44% of loss for the given period.
Volatility was left at 2.03%, however, over the last 30 days, the volatility rate increased by 1.92%, as shares surge +0.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.58% lower at present.
During the last 5 trading sessions, CDW fell by -0.77%, which changed the moving average for the period of 200-days by +6.06% in comparison to the 20-day moving average, which settled at $220.39. In addition, CDW Corp saw -0.88% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CDW starting from LEAHY CHRISTINE A, who purchase 1,200 shares at the price of $216.15 back on Aug 01 ’24. After this action, LEAHY CHRISTINE A now owns 102,200 shares of CDW Corp, valued at $259,380 using the latest closing price.
MIRALLES ALBERT JOSEPH JR, the See Remarks of CDW Corp, purchase 1,050 shares at $216.62 during a trade that took place back on Aug 01 ’24, which means that MIRALLES ALBERT JOSEPH JR is holding 16,876 shares at $227,449 based on the most recent closing price.
Stock Fundamentals for CDW
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.22 for the gross margin
The net margin for CDW Corp stands at 0.05. The total capital return value is set at 0.23. Equity return is now at value 58.54, with 8.33 for asset returns.
Based on CDW Corp (CDW), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 2.77. The interest coverage ratio of the stock is 7.82.
Currently, EBITDA for the company is 1.95 billion with net debt to EBITDA at 3.05. When we switch over and look at the enterprise to sales, we see a ratio of 1.7. The receivables turnover for the company is 3.91for trailing twelve months and the total asset turnover is 1.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.13.
Conclusion
To put it simply, CDW Corp (CDW) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
