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

CDW Co. (NASDAQ:CDW) – Stock analysts at Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for CDW in a research note issued to investors on Wednesday, November 20th. Zacks Research analyst R. Department now anticipates that the information technology services provider will post earnings per share of $2.53 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 announced its quarterly earnings data on Wednesday, October 30th. The information technology services provider reported $2.63 earnings per share for the quarter, missing analysts’ consensus estimates 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%. CDW’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.60 earnings per share.

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

CDW Stock Up 1.1 %

Shares of NASDAQ CDW opened at $177.91 on Friday. The business has a 50-day moving average of $211.13 and a two-hundred day moving average of $219.03. The company has a market capitalization of $23.71 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 4.86 and a beta of 1.05. 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.

CDW Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 10th. Stockholders of record on Monday, November 25th will be paid a dividend of $0.625 per share. This is a positive change 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 dividend yield of 1.41%. CDW’s payout ratio is 30.32%.

Hedge Funds Weigh In On CDW

Several hedge funds have recently added to or reduced their stakes in the business. Peak Financial Advisors LLC purchased a new stake in CDW in the 2nd quarter valued at about $2,854,000. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund purchased a new stake in shares of CDW during the 3rd quarter valued at $12,761,000. Virtu Financial LLC increased its holdings in shares of CDW by 175.9% during the 1st quarter. Virtu Financial LLC now owns 7,115 shares of the information technology services provider’s stock worth $1,820,000 after buying an additional 4,536 shares during the last quarter. Raymond James & Associates raised its position in shares of CDW by 16.6% in the 2nd quarter. Raymond James & Associates now owns 139,711 shares of the information technology services provider’s stock worth $31,273,000 after buying an additional 19,867 shares during the period. Finally, Thrivent Financial for Lutherans boosted its holdings in CDW by 12.8% in the third quarter. Thrivent Financial for Lutherans now owns 599,900 shares of the information technology services provider’s stock valued at $135,758,000 after acquiring an additional 68,023 shares during the last quarter. 93.15% of the stock is currently owned by hedge funds and other institutional investors.

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.