Zacks Research Forecasts CDW’s Q2 Earnings (NASDAQ:CDW)

CDW Co. (NASDAQ:CDW) – Investment analysts at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for shares of CDW in a research report issued on Wednesday, November 20th. Zacks Research analyst R. Department now anticipates that the information technology services provider will earn $2.53 per share for the quarter, down from their previous forecast of $2.67. The consensus estimate for CDW’s current full-year earnings is $9.05 per share.

A number of other analysts also recently issued reports on the company. Citigroup downgraded CDW from a “buy” rating to a “neutral” rating and cut their target price for the stock from $250.00 to $245.00 in a research note on Tuesday, October 1st. Redburn Atlantic started coverage on shares of CDW in a research note on Friday, November 15th. They issued a “buy” rating and a $230.00 price target for the company. Barclays decreased their price objective on CDW from $229.00 to $201.00 and set an “equal weight” rating on the stock in a report on Thursday, October 31st. Finally, JPMorgan Chase & Co. cut CDW from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $260.00 to $235.00 in a research note on Monday, October 28th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, CDW presently has a consensus rating of “Moderate Buy” and an average price target of $244.63.

CDW Stock Performance

Shares of NASDAQ:CDW opened at $178.96 on Friday. The business’s 50 day moving average price is $210.32 and its 200-day moving average price is $218.74. CDW has a 1 year low of $172.95 and a 1 year high of $263.37. The company has a debt-to-equity ratio of 2.39, a current ratio of 1.40 and a quick ratio of 1.28. The firm has a market capitalization of $23.85 billion, a PE ratio of 21.87, a P/E/G ratio of 4.86 and a beta of 1.05.

CDW (NASDAQ:CDW) last posted its earnings results on Wednesday, October 30th. The information technology services provider reported $2.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.68 by ($0.05). The firm had revenue of $5.52 billion during the quarter, compared to analyst estimates of $5.72 billion. CDW had a net margin of 5.33% and a return on equity of 58.31%. The business’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.60 earnings per share.

CDW Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 10th. Investors of record on Monday, November 25th will be paid a dividend of $0.625 per share. This is a boost from CDW’s previous quarterly dividend of $0.62. The ex-dividend date is Monday, November 25th. This represents a $2.50 annualized dividend and a yield of 1.40%. CDW’s payout ratio is presently 30.32%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of CDW. ORG Partners LLC acquired a new position in CDW during the second quarter worth approximately $34,000. Quest Partners LLC purchased a new position in shares of CDW during the 2nd quarter worth approximately $35,000. Canoe Financial LP acquired a new stake in shares of CDW in the 3rd quarter valued at approximately $37,000. Fortitude Family Office LLC boosted its stake in shares of CDW by 350.0% in the third quarter. Fortitude Family Office LLC now owns 171 shares of the information technology services provider’s stock valued at $39,000 after buying an additional 133 shares in the last quarter. Finally, Summit Securities Group LLC acquired a new position in CDW during the second quarter worth $40,000. 93.15% of the stock is owned by hedge funds and other institutional investors.

CDW Company Profile

CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security.