Equities Analysts Set Expectations for CDW Q2 Earnings

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

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

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

CDW Stock Performance

Shares of CDW stock opened at $178.96 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.28 and a debt-to-equity ratio of 2.39. The company has a market cap of $23.85 billion, a PE ratio of 21.88, a PEG ratio of 4.97 and a beta of 1.05. CDW has a 12-month low of $172.95 and a 12-month high of $263.37. The business’s fifty day simple moving average is $209.49 and its 200-day simple moving average is $218.45.

CDW Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 10th. Shareholders of record on Monday, November 25th will be issued a $0.625 dividend. The ex-dividend date is Monday, November 25th. This represents a $2.50 dividend on an annualized basis and a yield of 1.40%. This is a positive change from CDW’s previous quarterly dividend of $0.62. CDW’s dividend payout ratio (DPR) is presently 30.32%.

Hedge Funds Weigh In On CDW

Several hedge funds and other institutional investors have recently modified their holdings of CDW. State Street Corp raised its holdings in CDW by 1.1% in the 3rd quarter. State Street Corp now owns 5,719,348 shares of the information technology services provider’s stock valued at $1,294,288,000 after acquiring an additional 64,702 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of CDW by 0.9% in the third quarter. Geode Capital Management LLC now owns 3,481,064 shares of the information technology services provider’s stock valued at $785,635,000 after purchasing an additional 31,858 shares during the last quarter. Massachusetts Financial Services Co. MA purchased a new position in CDW during the third quarter worth approximately $416,111,000. Janus Henderson Group PLC boosted its stake in CDW by 7,029.1% during the third quarter. Janus Henderson Group PLC now owns 1,466,597 shares of the information technology services provider’s stock worth $331,891,000 after buying an additional 1,446,025 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in CDW by 11.0% during the second quarter. Dimensional Fund Advisors LP now owns 1,292,674 shares of the information technology services provider’s stock worth $289,357,000 after buying an additional 128,263 shares during the last quarter. 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.