A new trading day began on Tuesday, with CDW Corp (NASDAQ: CDW) stock price down -1.95% from the previous day of trading, before settling in for the closing price of $181.34. CDW’s price has ranged from $172.95 to $263.37 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 6.05%. Meanwhile, its annual earnings per share averaged -4.99%. With a float of $132.82 million, this company’s outstanding shares have now reached $134.10 million.
The extent of productivity of a business whose workforce counts for 15100 workers is very important to gauge. In terms of profitability, gross margin is 22.27%, operating margin of 8.06%, and the pretax margin is 7.03%.
CDW Corp (CDW) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Information Technology Services Industry. The insider ownership of CDW Corp is 0.33%, while institutional ownership is 93.33%. The most recent insider transaction that took place on Aug 01 ’24, was worth 259,380. In this transaction an insider of this company bought 1,200 shares at a rate of $216.15, taking the stock ownership to the 102,200 shares. Before that another transaction happened on Aug 01 ’24, when Company’s insider bought 1,050 for $216.62, making the entire transaction worth $227,449. This insider now owns 16,876 shares in total.
CDW Corp (CDW) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 2.57 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.96% during the next five years compared to 14.12% growth over the previous five years of trading.
CDW Corp (NASDAQ: CDW) Trading Performance Indicators
Here are CDW Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.14. Likewise, its price to free cash flow for the trailing twelve months is 17.67.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.19, a number that is poised to hit 2.33 in the next quarter and is forecasted to reach 10.16 in one year’s time.
Technical Analysis of CDW Corp (CDW)
The latest stats from [CDW Corp, CDW] show that its last 5-days average volume of 1.69 million was superior to 0.91 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 35.52%. Additionally, its Average True Range was 4.78.
During the past 100 days, CDW Corp’s (CDW) raw stochastic average was set at 7.10%, which indicates a significant decrease from 15.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.38% in the past 14 days, which was lower than the 32.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $207.79, while its 200-day Moving Average is $225.49. Now, the first resistance to watch is $180.57. This is followed by the second major resistance level at $183.33. The third major resistance level sits at $184.94. If the price goes on to break the first support level at $176.20, it is likely to go to the next support level at $174.59. The third support level lies at $171.83 if the price breaches the second support level.
CDW Corp (NASDAQ: CDW) Key Stats
With a market capitalization of 23.69 billion, the company has a total of 133,264K Shares Outstanding. Currently, annual sales are 21,376 M while annual income is 1,104 M. The company’s previous quarter sales were 5,517 M while its latest quarter income was 316,400 K.
