The Question Is Whether To Buy Or Not To Buy CDW Corp (NASDAQ: CDW)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that CDW Authorizes $750 Million Share Repurchase Program Increase and Declares Quarterly Cash Dividend of $0.62 Per Share.

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Stocks Info

CDW Corp is listed on the NASDAQ as a member of the Technology sector and is a part of the Information Technology Services industry. At the end of the last regular session, the stock closed at $243.96 and fluctuated between $244.76 as its day high and $237.07 as its day low. The current market capitalization of CDW Corp is $32.68B. A total of 1.09 million shares were traded on the day, compared to an average of 906.99K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, CDW has seen 4 BUY and 3 SELL insider trades, representing the acquisition of 51,437 and the disposition of 44,383 shares. Over the last 12 months, there were 60 BUYs and 11 SELLs from insiders. Insiders purchased 151,853 shares during that period but sold 92,996.

In the most recent transaction, CORLEY CHRISTINA M sold 34,079 shares of CDW for 220.94 per share on Dec 14. After the transaction, the insider now owns 62,536 company shares. In a previous transaction on Dec 13, CORLEY CHRISTINA M sold 700 shares at 220.01 per share. CDW shares that the insider owns now total 62,536.

Among the insiders who sold shares, CORLEY CHRISTINA M disposed of 48,320 shares on Nov 22 at a per-share price of $217.23. This resulted in the insider holding 62,536 shares of CDW after the transaction. In another insider transaction, LEAHY CHRISTINE A sold 44,383 shares at $218.81 per share on Nov 15. Company shares held by the insider now total 68,622.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. CDW Corp pays an annual dividend of $2.56, resulting in a dividend yield of 1.05%, and it has a price to earnings (P/E) ratio of 30.09. CDW’s most recent ex-dividend date was 2/23/2024 when it declared a $0.62 quarterly dividend that was paid in cash on 3/12/2024. Previously, the company paid the dividend on 12/12/2023 with an ex-dividend date of 11/22/2023. The CDW stock dividend was $0.62 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for CDW in the last 3 months, the mean price target is $252.21 with high estimates of $274.00 and low estimates of $226.10. In terms of 52-week highs and lows, CDW has a high of $247.63 and a low of $160.66.

As of this writing, CDW has an earnings estimate of $Coeur Mining, Inc. per share for the current quarter. EPS was calculated based on a consensus of CDW Corporation estimates, with a high estimate of $CoreCivic, Inc. per share and a lower estimate of $Redwire Corporation.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CDW’s latest balance sheet shows that the firm has $258.10M in Cash & Short Term Investments as of fiscal 2021. There were $7.35B in debt and $5.10B in liabilities at the time. Its Book Value Per Share was $13.51, while its Total Shareholder’s Equity was $705.70M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CDW is Buy with a score of 4.18.

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