Stock To Watch: CDW Corporation (NASDAQ:CDW)


The leading market experts have placed a mean price target of $48.00 on CDW Corporation (NASDAQ:CDW) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.82 a share for the upcoming quarter and $3.32 for the current fiscal.

Technical View

The technical analysis of CDW Corporation plainly substantiates that the 50-day moving average of CDW Corporation is $41.64, and stock is trading $3.82 points away or +9.17% from its 50-day moving average of $41.64. Further it is trading $4.75 or +11.66% away its 200-day moving average of $40.71. CDW Corporation (NASDAQ:CDW) 52-week high is $46.92 and the 52-week low is $30.40.

This explains if the stock moves $-1.46, it will post a 52-week high. In event of +49.54% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of CDW Corporation, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CDW Corporation (NASDAQ:CDW) ratio came in at 17.65.

The stock last ended the trading session at $45.46 and registered a market cap of $7.42B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CDW Corporation (NASDAQ:CDW) PEG ratio is at 1.51.

1 Chart Pattern Every Investor Should Know

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