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.
Investment analysts gave a few price targets for CDW. The maximum price target given was 71, implying a possible profit of 12.04 percent. The minimum price target given 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.48 percent on average, compared to last month. That number becomes -0.48 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.41 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.01 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
The growth rate of CDW's earnings is estimated by analysts to be 47.14 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CDW is 0.55.
In the last 52-weeks, CDW has achieved a high of 66.33 and a low of 40.56. The current market price is above the trailing year's low by 56.24 percent, and 4.46 percent lower than its 52-week high. CDW has a P/E 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 stock has a market capitalization of $9.95 billion. CDW will post this quarters earnings in days, on 0000-00-00.