CDW Corp (NASDAQ: CDW) has reported earnings for its third fiscal quarter (ending September 30) of $2.37 versus $2.35 for the same period a year ago — an increase of 1%. For the latest four quarters through September 30, E.P.S. were $8.27 compared to $8.12 a year ago — an increase of 2%.
Recent Price Action
CDW Corp (NASDAQ: CDW) stock suffered a major decline of -11.3% on 10/30/24. The shares closed at $195.06. Moreover, trading volume in this decline was exceptionally high at 356% of normal. Relative to the market the stock has been weak over the last nine months and has declined -10.1% during the last week.
Current PriceTarget Research Rating
CDW’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
CDW has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CDW has a slightly negative Appreciation Score of 38 and a neutral Power Rating of 51, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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