Stock to Track: CDW Corporation (CDW)

The shares of CDW Corporation (NASDAQ:CDW) currently has mean rating of 1.92 while 4 analysts have recommended the shares as “BUY”, 5 recommended as “OUTPERFORM” and 3 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 3.65B by 11 analysts. The means estimate of sales for the year ending June-16 is 14.18B by 12 analysts.

The mean price target for the shares of CDW Corporation (CDW) is at 45.30 while the highest price target suggested by the analysts is 50.00 and low price target is 40.00. The mean price target is calculated keeping in view the consensus of 10 brokerage firms.

The average estimate of EPS for the current fiscal quarter for CDW Corporation (CDW) stands at 0.85 while the EPS for the current year is fixed at 3.28 by 12 analysts.

The next one year’s EPS estimate is set at 3.61 by 12 analysts while a year ago the analysts suggested the company’s EPS at 3.28. The analysts also projected the company’s long-term growth at 8.00% for the upcoming five years.

In its latest quarter ended on 31^st March 2016, CDW Corporation (CDW) reported earnings of $0.67. The posted earnings topped the analyst’s consensus by $0.02 with the surprise factor of 3.10%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

On June 9, 2016 CDW Corporation (CDW) announced that Ann E. Ziegler, chief financial officer, will present at the NASDAQ 34th Investor Program in London on Thursday, June 16, 2016 at 8:30 am BST / 3:30 am EDT.

CDW is a leading multi-brand technology solutions provider to business, government, education and healthcare organizations in the United States, Canada and the United Kingdom. A Fortune 500 company with multi-national capabilities, CDW was founded in 1984 and employs more than 8,600 coworkers. For the twelve months ended March 31, 2016, the company generated net sales of over $13 billion.