CDW Corp (CDW) kicked off at the price of $179.01: Venture capitalists have an exciting new opportunity

CDW Corp (NASDAQ: CDW) on Tuesday, plunged -1.89% from the previous trading day, before settling in for the closing price of $182.46. Within the past 52 weeks, CDW’s price has moved between $172.95 and $263.37.

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Technology Sector giant saw their annual sales surged by 6.05% over the last five years. The company achieved an average annual earnings per share of -4.99%. With a float of $132.82 million, this company’s outstanding shares have now reached $133.20 million.

The firm has a total of 15100 workers. Let’s measure their productivity. In terms of profitability, gross margin is 22.27%, operating margin of 8.06%, and the pretax margin is 7.03%.

CDW Corp (CDW) Breakdown of a Key Holders of the stock

Observing investor behavior towards Information Technology Services industry stocks is more important than anything else. The insider ownership of CDW Corp is 0.33%, while institutional ownership is 93.34%. 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) Recent Fiscal highlights

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

CDW Corp (CDW) is currently performing well based on its current performance indicators. A quick ratio of 1.28 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.15. Likewise, its price to free cash flow for the trailing twelve months is 17.79.

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)

Analysing the last 5-days average volume posted by the [CDW Corp, CDW], we can find that recorded value of 1.27 million was better than the volume posted last year of 0.92 million. As of the previous 9 days, the stock’s Stochastic %D was 65.75%. Additionally, its Average True Range was 4.18.

During the past 100 days, CDW Corp’s (CDW) raw stochastic average was set at 9.39%, which indicates a significant decrease from 59.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.19% in the past 14 days, which was lower than the 31.81% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $199.49, while its 200-day Moving Average is $222.62. Now, the first resistance to watch is $181.80. This is followed by the second major resistance level at $184.59. The third major resistance level sits at $187.05. If the price goes on to break the first support level at $176.54, it is likely to go to the next support level at $174.08. Now, if the price goes above the second support level, the third support stands at $171.29.

CDW Corp (NASDAQ: CDW) Key Stats

Market capitalization of the company is 23.86 billion based on 133,264K outstanding shares. Right now, sales total 21,376 M and income totals 1,104 M. The company made 5,517 M in profit during its latest quarter, and 316,400 K in sales during its previous quarter.