News articles about CDW (NASDAQ:CDW) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. CDW earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned news headlines about the information technology services provider an impact score of 45.7396673364811 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern’s scoring:

CDW (NASDAQ:CDW) traded up $0.38 during midday trading on Wednesday, hitting $70.40. 504,119 shares of the stock traded hands, compared to its average volume of 811,169. CDW has a 1-year low of $50.49 and a 1-year high of $71.53. The company has a debt-to-equity ratio of 4.20, a current ratio of 1.37 and a quick ratio of 1.15. The firm has a market cap of $10,830.00, a price-to-earnings ratio of 19.80 and a beta of 1.06.

CDW (NASDAQ:CDW) last posted its quarterly earnings results on Wednesday, November 1st. The information technology services provider reported $1.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.06. CDW had a net margin of 2.90% and a return on equity of 62.71%. The business had revenue of $4.03 billion during the quarter, compared to analyst estimates of $3.99 billion. During the same period in the previous year, the business posted $0.97 EPS. The company’s quarterly revenue was up 8.8% on a year-over-year basis. equities research analysts expect that CDW will post 3.64 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Monday, December 11th. Stockholders of record on Friday, November 24th were issued a $0.21 dividend. The ex-dividend date of this dividend was Wednesday, November 22nd. This is a positive change from CDW’s previous quarterly dividend of $0.16. This represents a $0.84 annualized dividend and a dividend yield of 1.19%. CDW’s payout ratio is 31.11%.

Several equities research analysts have recently weighed in on CDW shares. Zacks Investment Research downgraded shares of CDW from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Needham & Company LLC reissued a “buy” rating and issued a $71.00 target price on shares of CDW in a research report on Monday, September 18th. BidaskClub raised shares of CDW from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Stifel Nicolaus reissued a “buy” rating and issued a $70.00 target price on shares of CDW in a research report on Tuesday, October 17th. Finally, Raymond James Financial downgraded shares of CDW from a “market perform” rating to an “underperform” rating in a research report on Friday, October 13th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the company. CDW presently has a consensus rating of “Buy” and an average target price of $67.85.

In other news, insider Jonathan J. Stevens sold 6,700 shares of CDW stock in a transaction dated Wednesday, October 4th. The shares were sold at an average price of $68.56, for a total value of $459,352.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thomas E. Richards sold 14,368 shares of CDW stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $68.50, for a total transaction of $984,208.00. Following the completion of the transaction, the insider now directly owns 670,391 shares of the company’s stock, valued at $45,921,783.50. The disclosure for this sale can be found here. Insiders sold a total of 133,127 shares of company stock valued at $9,105,265 over the last ninety days. Company insiders own 2.60% of the company’s stock.

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About CDW

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.

Insider Buying and Selling by Quarter for CDW (NASDAQ:CDW)

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