Wall Street analysts predict that CDW Corporation (NASDAQ:CDW) will announce $0.98 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have made estimates for CDW’s earnings. The lowest EPS estimate is $0.95 and the highest is $0.99. CDW reported earnings of $0.86 per share during the same quarter last year, which indicates a positive year over year growth rate of 14%. The firm is scheduled to report its next earnings report on Tuesday, February 6th.

On average, analysts expect that CDW will report full-year earnings of $3.84 per share for the current financial year, with EPS estimates ranging from $3.80 to $3.89. For the next financial year, analysts forecast that the firm will report earnings of $4.28 per share, with EPS estimates ranging from $4.25 to $4.30. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that follow CDW.

CDW (NASDAQ:CDW) last posted its earnings results on Wednesday, November 1st. The information technology services provider reported $1.08 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.02 by $0.06. CDW had a return on equity of 62.71% and a net margin of 2.90%. The business had revenue of $4.03 billion during the quarter, compared to the consensus estimate of $3.99 billion. During the same quarter last year, the company earned $0.97 EPS. CDW’s revenue was up 8.8% on a year-over-year basis.

Several equities analysts have issued reports on CDW shares. BidaskClub upgraded CDW from a “hold” rating to a “buy” rating in a research report on Saturday, August 5th. Zacks Investment Research upgraded CDW from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 8th. Robert W. Baird reiterated an “outperform” rating and issued a $75.00 price objective (up previously from $71.00) on shares of CDW in a research report on Wednesday, August 9th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $71.00 price objective (up previously from $70.00) on shares of CDW in a research report on Wednesday, August 9th. Finally, J P Morgan Chase & Co reiterated a “neutral” rating and issued a $60.00 price objective (up previously from $59.00) on shares of CDW in a research report on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and two have assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $67.85.

CDW (NASDAQ CDW) opened at $69.14 on Friday. The company has a debt-to-equity ratio of 4.20, a current ratio of 1.37 and a quick ratio of 1.15. CDW has a 52-week low of $50.49 and a 52-week high of $71.53. The stock has a market capitalization of $10,580.00, a price-to-earnings ratio of 19.78 and a beta of 1.08.

The company also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Stockholders of record on Friday, November 24th will be paid a $0.21 dividend. This is a boost from CDW’s previous quarterly dividend of $0.16. This represents a $0.84 annualized dividend and a dividend yield of 1.21%. The ex-dividend date of this dividend is Wednesday, November 22nd. CDW’s dividend payout ratio (DPR) is 31.11%.

In other news, insider Jonathan J. Stevens sold 6,700 shares of CDW stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $61.78, for a total value of $413,926.00. Following the completion of the sale, the insider now directly owns 86,366 shares of the company’s stock, valued at approximately $5,335,691.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Thomas E. Richards sold 15,207 shares of CDW stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $66.25, for a total value of $1,007,463.75. The disclosure for this sale can be found here. Insiders sold a total of 147,620 shares of company stock valued at $9,734,544 over the last three months. Insiders own 2.60% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Alps Advisors Inc. grew its stake in shares of CDW by 0.3% during the second quarter. Alps Advisors Inc. now owns 8,059 shares of the information technology services provider’s stock worth $504,000 after purchasing an additional 21 shares during the period. Smithfield Trust Co. lifted its holdings in CDW by 6.6% during the second quarter. Smithfield Trust Co. now owns 4,863 shares of the information technology services provider’s stock worth $304,000 after acquiring an additional 303 shares in the last quarter. Toronto Dominion Bank lifted its holdings in CDW by 24.8% during the second quarter. Toronto Dominion Bank now owns 1,973 shares of the information technology services provider’s stock worth $123,000 after acquiring an additional 392 shares in the last quarter. Financial Counselors Inc. lifted its holdings in CDW by 16.7% during the second quarter. Financial Counselors Inc. now owns 4,339 shares of the information technology services provider’s stock worth $271,000 after acquiring an additional 621 shares in the last quarter. Finally, Bbva Compass Bancshares Inc. lifted its holdings in CDW by 11.9% during the second quarter. Bbva Compass Bancshares Inc. now owns 6,726 shares of the information technology services provider’s stock worth $420,000 after acquiring an additional 715 shares in the last quarter. 90.81% of the stock is owned by institutional investors.

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CDW Company Profile

CDW Corporation (CDW) is a provider of integrated information technology (IT) solutions in the United States, Canada and the United Kingdom. The Company’s segments include Corporate, Public and Other. The Corporate segment consists of private sector business customers in the United States based on employee size between Medium/Large customers, which primarily includes organizations with more than 100 employees, and Small Business customers, which primarily includes organizations with up to 100 employees.

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