(VIANEWS) – Shares of CDW Corporation (NASDAQ: CDW) dropped by a staggering 13.52% to $164.56 at 11:22 EST on Wednesday, after two consecutive sessions in a row of gains. NASDAQ is falling 0.56% to $12,085.91, following the last session’s downward trend. This seems, up until now, a somewhat bearish trend trading session today.
CDW Corporation’s last close was $190.29, 11.49% below its 52-week high of $215.00.
About CDW Corporation
CDW Corporation provides information technology (IT) solutions in the United States, the United Kingdom, and Canada. It operates through three segments: Corporate, Small Business, and Public. The company offers discrete hardware and software products and services, as well as integrated IT solutions, including on-premise, hybrid, and cloud capabilities across hybrid infrastructure, digital experience, and security. Its hardware products comprise notebooks/mobile devices, network communications, desktop computers, video monitors, enterprise and data storage, and others; and software products consists of application suites, security, virtualization, operating systems, and network management. The company also provides advisory and design, software development, implementation, managed, professional, configuration, partner, and telecom services, as well as warranties; delivers and manages mission critical software, systems, and network solutions; and implementation and installation, and repair services to its customers through various third-party service providers. It serves government, education, and healthcare customers; and small, medium, and large business customers. CDW Corporation was founded in 1984 and is headquartered in Vernon Hills, Illinois.
Earnings Per Share
As for profitability, CDW Corporation has a trailing twelve months EPS of $8.13.
PE Ratio
CDW Corporation has a trailing twelve months price to earnings ratio of 20.24. Meaning, the purchaser of the share is investing $20.24 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 96.54%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Feb 22, 2023, the estimated forward annual dividend rate is 2.36 and the estimated forward annual dividend yield is 1.26%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 3.2% and 3.2%, respectively.
Sales Growth
CDW Corporation’s sales growth is negative 6.5% for the present quarter and negative 3.1% for the next.
Volatility
CDW Corporation’s last week, last month’s, and last quarter’s current intraday variation average was 0.30%, 0.12%, and 1.21%.
CDW Corporation’s highest amplitude of average volatility was 0.90% (last week), 1.12% (last month), and 1.21% (last quarter).
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