New Lifetime High For CDW (CDW)

Trade-Ideas LLC identified CDW (CDW) as a new lifetime high candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

CDW

(

CDW

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified CDW as such a stock due to the following factors:

  • CDW has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $49.5 million.
  • CDW has traded 10,407 shares today.
  • CDW is trading at a new lifetime high.

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More details on CDW:

CDW Corporation distributes information technology (IT) solutions in the United States and Canada. It operates in two segments, Corporate and Public. The stock currently has a dividend yield of 0.6%. CDW has a PE ratio of 29. Currently there are 7 analysts that rate CDW a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for CDW has been 1.1 million shares per day over the past 30 days. CDW has a market cap of $7.6 billion and is part of the technology sector and computer software & services industry. The stock has a beta of 1.40 and a short float of 2.4% with 2.64 days to cover. Shares are up 30.6% year-to-date as of the close of trading on Wednesday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates CDW as a

hold

. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk and poor profit margins.

Highlights from the ratings report include:

  • CDW's revenue growth has slightly outpaced the industry average of 1.3%. Since the same quarter one year prior, revenues slightly increased by 7.2%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Powered by its strong earnings growth of 175.00% and other important driving factors, this stock has surged by 47.97% over the past year, outperforming the rise in the S&P 500 Index during the same period. Although CDW had significant growth over the past year, our hold rating indicates that we do not recommend additional investment in this stock at the current time.
  • The gross profit margin for CDW CORP is rather low; currently it is at 17.91%. Regardless of CDW's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 4.31% trails the industry average.
  • The debt-to-equity ratio is very high at 3.04 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. Even though the debt-to-equity ratio is weak, CDW's quick ratio is somewhat strong at 1.17, demonstrating the ability to handle short-term liquidity needs.

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