CDW Corporation (CDW)
219.20 USD -3.56 (-1.60%) Volume: 0.63M
CDW Corporation’s stock price stands at 219.20 USD, reflecting a -1.60% dip this trading session and a -3.57% decrease YTD, with a trading volume of 0.63M, highlighting the stock’s performance trends and potential investment opportunities.
CDW Corporation on Smartkarma
Analysts at Baptista Research on Smartkarma have been closely monitoring Cdw Corp/De, providing valuable insights into the company’s performance. In their report titled “CDW Corporation: Focus on Emerging Technologies & Other Factors Driving Our Optimism! – Financial Forecasts,” they highlighted how CDW’s earnings for the second quarter of 2024 reflected cautious consumer behavior impacting sales cycles and investment decisions. The analysts noted a hesitation in capital investments, especially in data center and network modernization, and highlighted market-specific challenges in the UK and concerns around US federal funding as influencing factors.
In another report by Baptista Research, titled “CDW Corporation: How Is The Assessment and Experimentation Stage of AI Progressing? – Major Drivers,” analysts delved into CDW Corporation’s Q1 2024 earnings. Despite a challenging market environment, the company reported a gross profit of $1.1 billion and a non-GAAP operating income of $404 million. The report emphasized the resilience of CDW’s profitability and strategic integrity, with a Q1 record gross margin showcasing the company’s strength in the face of market challenges.
A look at CDW Corporation Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 4 | |
Growth | 3 | |
Resilience | 2 | |
Momentum | 4 | |
OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
CDW Corp/De has received mixed scores across various factors, according to Smartkarma Smart Scores. While the company scored well in Dividend and Momentum, its Value and Resilience scores were lower. This suggests that CDW Corp/De may offer strong dividend payouts and positive market momentum, but may not be considered undervalued or highly resilient in the long term.
Looking ahead, CDW Corp/De’s Growth score indicates moderate potential for expansion. With a focus on providing information technology products and services to a diverse range of customers, including businesses, government entities, and healthcare organizations, CDW Corp/De may continue to see steady growth opportunities in the North American market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars