Baird Remains Neutral on CDW (CDW) Following Solid 3Q Results

Solid Cost Controls Resulted in CDW's (CDW) 3Q EPS Beat; Raymond James Reiterates Outperform

November 5, 2015 8:51 AM EST

Raymond James reiterated an Outperform rating on CDW Corporation (NASDAQ: CDW), and raised the price target to $50.00 (from $48.00), following the company's 3Q earnings report. Solid cost controls resulted in CDW reporting EPS of $0.84, beating consensus of $0.80. Education sales were temporarily inhibited by e-rate funding delays, but this should recover over the next few quarters.

Analyst Brian Alexander commented,... More

CDW (CDW) Remains On Track For Kelway Acquisition; Needham & Company Raises Price Target to $50

November 5, 2015 8:25 AM EST

Needham & Company reiterated a Buy rating on CDW Corporation (NASDAQ: CDW), and raised the price target to $50.00 (from $44.00), following the company's 3Q earnings results. CDW reported 3Q results of $3.5B in revenue, $282.1M in Adjusted EBITDA, and $0.84 in non-GAAP EPS, in-line vs. Street expectations for $3.6B/... More

RBC Capital Raises Price Target on CDW (CDW) Following Mixed 3Q Results

November 4, 2015 1:48 PM EST

RBC Capital reiterated an Outperform rating on CDW Corporation (NASDAQ: CDW), and raised the price target to $51.00 (from $46.00), following the company's 3Q15 earnings report. CDW reported mixed results, with revenue and EPS of $3.50B/ $0.84 vs. consensus of $3.62B/$0.80.

Analyst Amit Daryanani commented, "CDW reported... More

CDW (CDW) Raises Quarterly Dividend 59.3% to $0.1075; 1% Yield

November 4, 2015 7:07 AM EST

CDW (NASDAQ: CDW) declared a quarterly dividend of $0.1075 per share, or $0.43 annualized. This is a 59.3% increase from the prior dividend of $0.0675.

The dividend will be payable on December 10, 2015, to stockholders of record on November 25, 2015, with an ex-dividend date of November 23,... More

CDW (CDW) Declares $0.1075 Quarterly Dividend; 1% Yield

November 4, 2015 7:04 AM EST

CDW (NASDAQ: CDW) declared a quarterly dividend of $0.1075 per share, or $0.43 annualized.

The dividend will be payable on December 10, 2015, to stockholders of record on November 25, 2015, with an ex-dividend date of November 23, 2015.

The annual yield on the dividend is 1 percent.

For a... More

CDW (CDW) Tops Q3 EPS by 4c

November 4, 2015 7:04 AM EST

CDW (NASDAQ: CDW) reported Q3 EPS of $0.84, $0.04 better than the analyst estimate of $0.80. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.62 billion.

"Once again the strength of our business model - underpinned by our balanced portfolio of channels, diverse product and technology portfolio and focus on profitable growth - enabled us to deliver solid topline growth and excellent profitability while... More

Trading Radar 11/4: Facebook (FB), Qualcomm (QCOM), MetLife (MET), Time Warner (TWX), Michael Kors (KORS) Report

November 3, 2015 2:45 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

8:15am EDT

ADP Employment Change - Street sees 180k

8:30am EDT

Trade Balance - Street sees ($43.0B)

Earnings:

02micro (Nasdaq: OIIM) - consensus loss $0.08
3D Systems (NYSE: DDD) - consensus EPS $0.08
Abraxas Petroleum (Nasdaq: AXAS) - consensus loss... More