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 maximum price target given 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. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.48 percent. The average change in earnings estimates over the last 90 days is -0.48 percent. 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 have revised their quarterly estimates upwards in the past 30 days, while 2 analysts made negative revisions. 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. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, 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, but many choose to perform ratio comparisons with other companies in the industry. 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. Today's price is 56.24 percent above the 52-week low, and below the high by 4.46 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.