Analysts Set Expectations for CDW’s Q2 Earnings (NASDAQ:CDW)

CDW Co. (NASDAQ:CDW) – Stock analysts at Zacks Research dropped their Q2 2025 EPS estimates for shares of CDW in a note issued to investors on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the information technology services provider will post earnings of $2.53 per share for the quarter, down from their previous estimate of $2.67. The consensus estimate for CDW’s current full-year earnings is $9.05 per share.

A number of other equities research analysts have also weighed in on the stock. Barclays lowered their price target on shares of CDW from $229.00 to $201.00 and set an “equal weight” rating for the company in a report on Thursday, October 31st. Citigroup lowered CDW from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $250.00 to $245.00 in a research report on Tuesday, October 1st. JPMorgan Chase & Co. lowered CDW from an “overweight” rating to a “neutral” rating and lowered their price objective for the company from $260.00 to $235.00 in a research note on Monday, October 28th. Finally, Redburn Atlantic assumed coverage on CDW in a report on Friday, November 15th. They set a “buy” rating and a $230.00 price objective on the stock. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $244.63.

CDW Stock Up 1.1 %

NASDAQ CDW opened at $177.91 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.40 and a debt-to-equity ratio of 2.39. CDW has a fifty-two week low of $172.95 and a fifty-two week high of $263.37. The business has a 50 day moving average price of $211.13 and a two-hundred day moving average price of $219.03. The stock has a market cap of $23.71 billion, a PE ratio of 21.75, a P/E/G ratio of 4.86 and a beta of 1.05.

CDW (NASDAQ:CDW) last issued its earnings results on Wednesday, October 30th. The information technology services provider reported $2.63 earnings per share for the quarter, missing the consensus estimate of $2.68 by ($0.05). The company had revenue of $5.52 billion during the quarter, compared to analysts’ expectations of $5.72 billion. CDW had a return on equity of 58.31% and a net margin of 5.33%. CDW’s quarterly revenue was down 2.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.60 EPS.

Institutional Investors Weigh In On CDW

A number of institutional investors have recently modified their holdings of CDW. Quest Partners LLC bought a new position in CDW during the 2nd quarter worth $35,000. ORG Partners LLC bought a new position in shares of CDW during the second quarter worth about $34,000. Canoe Financial LP acquired a new stake in shares of CDW in the 3rd quarter worth about $37,000. Fortitude Family Office LLC increased its holdings in shares of CDW by 350.0% in the 3rd quarter. Fortitude Family Office LLC now owns 171 shares of the information technology services provider’s stock worth $39,000 after acquiring an additional 133 shares during the period. Finally, Summit Securities Group LLC acquired a new position in CDW during the 2nd quarter valued at about $40,000. Institutional investors own 93.15% of the company’s stock.

CDW Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Monday, November 25th will be issued a $0.625 dividend. This represents a $2.50 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date of this dividend is Monday, November 25th. This is an increase from CDW’s previous quarterly dividend of $0.62. CDW’s payout ratio is currently 30.32%.

About CDW

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security.