Analyst Ratings for CDW Corp. (CDW)Updated: 2017-07-29
CDW Corp. (NASDAQ:CDW) was awarded an average rating of Overweight from investment analysts following the stock. CDW had previously received a consensus rating of Overweight a month ago.
Of the 13 analysts covering the stock, 7 gave it a buy rating, 2 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
CDW was given price targets by several analysts. The most optimistic analyst gave a price target of 71, implying potential capital gains of 12.04 percent. The lowest price target was 49, implying a possible loss of -22.68 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -0.48 percent. The average change in earnings estimates over the last 90 days is -0.48 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.41 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.01 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
CDW has an estimated earnings growth rate of 47.14 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CDW has a PEG ratio of 0.55.
CDW has traded between a high of 66.33 and a low of 40.56 over the past year. The current market price is above the trailing year's low by 56.24 percent, and 4.46 percent below the high. CDW has a price/earnings ratio of 25.97. Investors typically compare the P/E ratio to a company's peers in the industry. The CDW value stock report compares CDW to some of its peers using value stock charts. The market cap of CDW is $9.95 billion. CDW's next earnings release will be on 0000-00-00, which is days away.