Stock Rating Downgrade
The Value Trend Rating for CDW Corp (NASDAQ: CDW) weakened in the last week from C to D reflecting eroding fundamentals and low Appreciation Potential. Details supporting this lower rating are included in our next report.
Recent Price Action
CDW Corp (NASDAQ: CDW) stock rose modestly by 0.7% on 9/13/24. The stock closed at $220.15. However, unusually low trading volume at 54% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 2.5% 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. CDW has a neutral Power Rating of 45 and a slightly negative Appreciation Score of 36, resulting in the Negative Value Trend Rating.
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