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.
A number of analysts gave price targets for CDW. The most optimistic price target was 71, implying potential capital gains of 12.04 percent. The minimum price target given was 49, implying a possible loss of -22.68 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
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. Meanwhile, fiscal year estimates have been revised downwards by -0.41 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.01 percent.
Another thing investors often look at is the level of agreement among analysts' 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, while 2 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of CDW to grow at a rate of 47.14 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. CDW has a PEG ratio of 0.55.
CDW has a 52-week high of 66.33 and a 52-week low of 40.56. Today's price is 56.24 percent above the 52-week low, 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 will post this quarters earnings in days, on 0000-00-00.