CDW Corporation’s Stock Price Plummets to $214.61, Marking a Sharp 11.27% Decline

CDW Corporation (CDW)

214.61 USD -27.25 (-11.27%) Volume: 2.42M

“CDW Corporation’s stock price stands at 214.61 USD, experiencing an 11.27% decline this trading session with a trading volume of 2.42M. The stock’s year-to-date (YTD) performance shows a decrease of 5.59%, reflecting the current market volatility.”

CDW Corporation on Smartkarma

Analysts at Baptista Research on Smartkarma have been closely following Cdw Corp/De, a leading IT hardware and solutions company. In their report titled “CDW Corporation: Continued Focus on AI Investments & 5 Major Catalysts For Future Growth – Financial Forecasts,” the analysts highlighted the company’s ability to deliver strong outcomes in a challenging market environment. Despite a 7.7% decrease in net sales compared to the previous year, CDW Corporation reported a gross profit of $1.15 billion. The report also pointed out a strategic emphasis on serving as a trusted advisor to customers navigating complex technologies.

In another report by Baptista Research on Smartkarma, titled “CDW Corporation: Navigating Market Turbulence – A Strategic Masterclass in Resilience! – Major Drivers,” analysts discussed the company’s response to evolving market dynamics. While the previous quarter saw revenues below analyst consensus, CDW Corporation demonstrated resilience and strategic decision-making. The analysts noted the company’s launch of an integrated brand campaign, Make Amazing Happen, as a significant development in the quarter. Overall, the analysts provided a bullish outlook on CDW Corp/De’s future prospects based on their research and analysis.

A look at CDW Corporation Smart Scores

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 reviews on its long-term outlook according to Smartkarma Smart Scores. While the company scores well in terms of growth and momentum, with a score of 4 in each category, it falls short in value and resilience, scoring 2 in both areas. This suggests that investors may see potential for growth and positive market performance in the future, but should also be aware of the company’s lower value and resilience scores.

CDW Corp/De, a provider of information technology products and services, has a moderate overall outlook based on the Smartkarma Smart Scores. With a dividend score of 3, the company offers a decent return to investors. However, its value and resilience scores of 2 indicate that there may be some challenges ahead. Despite this, CDW Corp/De’s strong growth and momentum scores of 4 demonstrate its potential for future success in the competitive IT industry.

### CDW Corporation of Delaware provides information technology products and services. The Company offers hardware, software, computer peripherals, cloud computing, mobile devices, network communication, and security solutions. CDW serves business, government, education, and healthcare customers throughout North America. ###

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.

💡 Before it’s here, it’s on Smartkarma