On Tuesday, CDW Corp (NASDAQ: CDW) opened higher 3.12% from the last session, before settling in for the closing price of $180.92. Price fluctuations for CDW have ranged from $168.43 to $263.37 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 4.81%. Company’s average yearly earnings per share was noted -5.02% at the time writing. With a float of $132.82 million, this company’s outstanding shares have now reached $133.20 million.
Considering the fact that the conglomerate employs 15100 people, you should pay attention to its efficiency factor. 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
A key investor’s attitude towards the stock of the Information Technology Services industry is another important factor to consider. The insider ownership of CDW Corp is 0.34%, while institutional ownership is 93.40%. 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 2.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -5.02% 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
Check out the current performance indicators for CDW Corp (CDW). In the past quarter, the stock posted a quick ratio of 1.28. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.19. Likewise, its price to free cash flow for the trailing twelve months is 18.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.19, a number that is poised to hit 2.32 in the next quarter and is forecasted to reach 10.11 in one year’s time.
Technical Analysis of CDW Corp (CDW)
Compared to the last year’s volume of 1.43 million, its volume of 1.6 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 90.30%. Additionally, its Average True Range was 4.60.
During the past 100 days, CDW Corp’s (CDW) raw stochastic average was set at 28.80%, which indicates a significant decrease from 93.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.05% in the past 14 days, which was lower than the 31.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $181.01, while its 200-day Moving Average is $214.72. Nevertheless, the first resistance level for the watch stands at $189.34 in the near term. At $192.12, the stock is likely to face the second major resistance level. The third major resistance level sits at $196.44. If the price goes on to break the first support level at $182.24, it is likely to go to the next support level at $177.92. Now, if the price goes above the second support level, the third support stands at $175.14.
CDW Corp (NASDAQ: CDW) Key Stats
There are currently 133,264K shares outstanding in the company with a market cap of 24.86 billion. Presently, the company’s annual sales total 21,376 M according to its annual income of 1,104 M. Last quarter, the company’s sales amounted to 5,517 M and its income totaled 316,400 K.