CDW Corp (NASDAQ: CDW) kicked off on Tuesday, down -0.64% from the previous trading day, before settling in for the closing price of $177.79. Over the past 52 weeks, CDW has traded in a range of $172.95-$263.37.
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Annual sales at Technology sector company grew by 6.05% over the past five years. While this was happening, its average annual earnings per share was recorded -4.99%. With a float of $132.82 million, this company’s outstanding shares have now reached $133.20 million.
Let’s look at the performance matrix of the company that is accounted for 15100 employees. 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
Our next focus will be how large-scale investors are participating in this stock of the Information Technology Services Industry. The insider ownership of CDW Corp is 0.34%, while institutional ownership is 93.39%. 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
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
Take a look at CDW Corp’s (CDW) current performance indicators. Last quarter, 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 1.13. Likewise, its price to free cash flow for the trailing twelve months is 17.56.
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)
CDW Corp (NASDAQ: CDW) saw its 5-day average volume 1.28 million, a positive change from its year-to-date volume of 0.93 million. As of the previous 9 days, the stock’s Stochastic %D was 21.82%. Additionally, its Average True Range was 4.19.
During the past 100 days, CDW Corp’s (CDW) raw stochastic average was set at 5.75%, which indicates a significant decrease from 23.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.75% in the past 14 days, which was lower than the 31.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $195.27, while its 200-day Moving Average is $220.91. Nevertheless, the first resistance level for the watch stands at $179.09 in the near term. At $181.53, the stock is likely to face the second major resistance level. The third major resistance level sits at $183.74. If the price goes on to break the first support level at $174.44, it is likely to go to the next support level at $172.23. The third support level lies at $169.79 if the price breaches the second support level.
CDW Corp (NASDAQ: CDW) Key Stats
The company with the Market Capitalisation of 23.54 billion has total of 133,264K Shares Outstanding. Its annual sales at the moment are 21,376 M in contrast with the sum of 1,104 M annual income. Company’s last quarter sales were recorded 5,517 M and last quarter income was 316,400 K.
