What is Zacks Research’s Forecast for CDW FY2027 Earnings?

CDW Co. (NASDAQ:CDW) – Equities researchers at Zacks Research issued their FY2027 earnings per share (EPS) estimates for CDW in a report issued on Tuesday, March 18th. Zacks Research analyst R. Department forecasts that the information technology services provider will post earnings per share of $11.37 for the year. The consensus estimate for CDW’s current full-year earnings is $9.41 per share.

A number of other research analysts also recently weighed in on CDW. Barclays increased their target price on CDW from $201.00 to $223.00 and gave the company an “equal weight” rating in a report on Thursday, February 6th. Morgan Stanley lifted their price target on shares of CDW from $193.00 to $201.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 6th. Finally, UBS Group lowered their target price on CDW from $233.00 to $220.00 and set a “buy” rating on the stock in a research report on Tuesday, January 7th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $242.67.

CDW Stock Performance

CDW stock opened at $165.57 on Thursday. The company has a debt-to-equity ratio of 2.38, a current ratio of 1.35 and a quick ratio of 1.24. CDW has a 1 year low of $162.84 and a 1 year high of $263.37. The company has a market cap of $21.94 billion, a P/E ratio of 20.77, a price-to-earnings-growth ratio of 3.21 and a beta of 1.01. The stock’s fifty day moving average price is $184.40 and its 200-day moving average price is $193.36.

CDW (NASDAQ:CDW) last announced its quarterly earnings results on Wednesday, February 5th. The information technology services provider reported $2.40 EPS for the quarter, topping analysts’ consensus estimates of $2.33 by $0.07. CDW had a net margin of 5.13% and a return on equity of 55.42%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Oddo BHF Asset Management Sas bought a new stake in shares of CDW in the third quarter worth about $1,629,000. Assenagon Asset Management S.A. lifted its holdings in shares of CDW by 7,549.9% in the 4th quarter. Assenagon Asset Management S.A. now owns 256,271 shares of the information technology services provider’s stock valued at $44,601,000 after acquiring an additional 252,921 shares during the last quarter. Franklin Resources Inc. increased its stake in CDW by 3.4% during the third quarter. Franklin Resources Inc. now owns 108,009 shares of the information technology services provider’s stock worth $24,138,000 after acquiring an additional 3,567 shares during the last quarter. Madison Investment Advisors LLC bought a new stake in shares of CDW in the 4th quarter valued at approximately $130,996,000. Finally, Graphene Investments SAS increased its position in shares of CDW by 17.6% during the 4th quarter. Graphene Investments SAS now owns 17,400 shares of the information technology services provider’s stock valued at $3,028,000 after purchasing an additional 2,600 shares during the last quarter. 93.15% of the stock is currently owned by institutional investors.

CDW Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 11th. Investors of record on Tuesday, February 25th were paid a dividend of $0.625 per share. This represents a $2.50 annualized dividend and a yield of 1.51%. The ex-dividend date was Tuesday, February 25th. CDW’s dividend payout ratio (DPR) is presently 31.37%.

CDW announced that its Board of Directors has initiated a share repurchase program on Wednesday, February 5th that authorizes the company to repurchase $750.00 million in shares. This repurchase authorization authorizes the information technology services provider to repurchase up to 2.7% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

About CDW

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.