Impact of Brokerage Rating on CDW Corporation(CDW)

Many CDW Corporation(CDW) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by RBC Capital Mkts on Feb 8, 2017 to Outperform, Raises Price Target to $ 64 from a previous price target of $55 .CDW Corp was Downgraded by JP Morgan to Neutral on Dec 9, 2016.

Company has reported several Insider transactions to the SEC, on Nov 7, 2016, Douglas E Eckrote (officer ) sold 80,000 shares at 44.00 per share price.On Mar 11, 2016, Neil B Fairfield (VICE PRESIDENT & CONTROLLER) sold 2,791 shares at 40.44 per share price.On Dec 11, 2015, Paul J Finnegan (director) sold 636,892 shares at 44.05 per share price.

CDW Corp Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.80. The company had revenue of $3492.40 million for the quarter, compared to analysts expectations of $3516.47 million. The companys revenue was up 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 EPS.

CDW Corporation (NASDAQ:CDW) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.88 by 8 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.

CDW Corporation (NASDAQ:CDW): 6 Analyst have given the stock of CDW Corporation (NASDAQ:CDW) a near short term price target of $58.83. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $5.67. The higher price target estimate is at $64 while the lower price estimates are fixed at $48.

CDW Corporation (NASDAQ:CDW) rose 0.2% or 0.12 points on Tuesday and made its way into the gainers of the day. After trading began at $59.02 the stock was seen hitting $59.62 as a peak level and $58.91 as the lowest level. The stock ended up at $59.38. The daily volume was measured at 867,855 shares. The 52-week high of the share price is $59.62 and the 52-week low is $34.31. The company has a market cap of $9,531 million.

CDW Corporation offers information technology products and services to business, government, education and healthcare customers primarily in the United States and Canada. Its hardware products comprise network communications, notebooks/mobile devices, data storage, video monitors, printers, desktops and servers as well as NetComm products. The companys software services include licensing, licensing management, software solutions and services. In addition, it offers configuration services which include virtualization, collaboration, security, mobility, data centre optimization and cloud computing. CDW Corporation is headquartered in Vernon Hills, Illinois.


Share this post

Leave a Reply