Noteworthy ETF Outflows: QTEC, MSTR, CDW, SNPS
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 16 2025
0mins
Should l Buy CDW?
Source: NASDAQ.COM
QTEC Share Price Analysis: QTEC's share price is currently at $198.24, with a 52-week low of $143.80 and a high of $211.25, indicating its performance within the trading range.
ETFs Trading Dynamics: Exchange traded funds (ETFs) operate like stocks, allowing for the buying and selling of units that can be created or destroyed based on investor demand, impacting the underlying holdings significantly.
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Analyst Views on CDW
Wall Street analysts forecast CDW stock price to rise
8 Analyst Rating
5 Buy
3 Hold
0 Sell
Moderate Buy
Current: 129.560
Low
148.00
Averages
177.14
High
200.00
Current: 129.560
Low
148.00
Averages
177.14
High
200.00
About CDW
CDW Corporation is a multi-brand provider of information technology (IT) solutions to business, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. Its offerings range from discrete hardware and software products to integrated IT solutions and services that include on-premises and cloud capabilities across hybrid infrastructure, digital experience, and security. Its solutions are delivered in physical, virtual, and cloud-based environments. Its segments include Corporate, Small Business, and Public. Its Corporate segment primarily serves United States private sector business customers. Its Small Business segment primarily serves United States private sector business customers. Its Public segment comprises government agencies, education and healthcare institutions in the United States. It also operates as a sales channel partner for original equipment manufacturers, software publishers, cloud providers and wholesale distributors.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Advance Auto Parts and CDW Show Active Options Trading
- Advance Auto Parts Options Activity: Advance Auto Parts Inc (AAP) has seen an options trading volume of 8,920 contracts today, representing approximately 892,000 shares, which is about 45.1% of its average daily trading volume of 2.0 million shares over the past month, indicating a significant increase in market interest.
- High Call Option Volume: Within AAP, the $55 strike call option has traded 2,756 contracts today, representing around 275,600 shares, reflecting investor expectations for AAP's future price increase, which could influence its stock performance.
- CDW Options Trading Overview: CDW Corp (CDW) has recorded an options trading volume of 7,793 contracts today, equating to approximately 779,300 shares, or about 44.4% of its average daily trading volume of 1.8 million shares over the past month, showcasing its market activity.
- CDW Call Option Trading: For CDW, the $150 strike call option has seen a trading volume of 3,713 contracts today, representing approximately 371,300 shares, indicating optimistic investor sentiment regarding CDW's future performance, which may drive its stock price higher.
See More
CDW Reports Strong Q4 Results Exceeding Expectations
- Earnings Beat: CDW reported an adjusted EPS of $2.57 for Q4 FY2025, surpassing analysts' expectations of $2.44 and increasing from $2.48 a year earlier, indicating enhanced profitability.
- Strong Sales Growth: Net sales reached $5.51 billion, up 6.3% year-over-year, exceeding the consensus forecast of $5.29 billion, primarily driven by robust demand for notebooks, mobile devices, software, and services, reflecting market vitality.
- Cost Pressure Evident: Despite sales growth, selling and administrative expenses rose 10.3% year-over-year to $824 million, outpacing revenue growth and pressuring margins, with adjusted operating margin declining from 9.6% to 9.1%.
- Increased Shareholder Returns: CDW's board approved a quarterly cash dividend of 63 cents per share, payable on March 10, 2026, demonstrating the company's commitment to shareholder returns while reflecting a healthy cash flow position.
See More
S&P 500 Futures Rise in Pre-Market Trading; Mercury Systems and Boston Scientific Underperform
Market Opening: U.S. stock markets are set to open in two hours.
Super Micro Computer Inc. Performance: Super Micro Computer Inc. (SMCI) saw a 10.3% increase in pre-market trading.
Lumentum Holdings Inc. Performance: Lumentum Holdings Inc. (LITE) also experienced a 10.3% rise in pre-market trading.
Overall Market Sentiment: The significant gains in these companies indicate positive market sentiment ahead of the market opening.
See More
CDW Corporation Declares Quarterly Dividend of $0.63 per Share
- Quarterly Dividend Announcement: CDW Corporation has declared a quarterly dividend of $0.63 per share, consistent with previous distributions, indicating stable cash flow and shareholder return strategy, which is expected to bolster investor confidence.
- Dividend Yield: The forward yield of 2.0% reflects the company's attractiveness in the current market environment, potentially appealing to investors seeking stable income.
- Shareholder Record Date: The dividend will be payable on March 10, with a record date of February 25 and an ex-dividend date also on February 25, providing investors with a clear timeline to participate in the dividend distribution.
- Financial Performance Beats Expectations: CDW Corporation reported a non-GAAP EPS of $2.57 for Q3 2025, beating expectations by $0.13, with revenue of $5.51 billion exceeding forecasts by $180 million, showcasing the company's strong performance and growth potential in the market.
See More
CDW Corporation Set to Announce Q4 Earnings on February 4
- Earnings Announcement: CDW Corporation is set to release its Q4 2023 earnings on February 4 before market open, with consensus EPS estimate at $2.44, reflecting a 1.6% year-over-year decline, while revenue is projected at $5.33 billion, indicating a 2.7% year-over-year increase.
- Performance Expectations: Over the past two years, CDW has surpassed EPS estimates 63% of the time and revenue estimates 38% of the time, demonstrating a degree of financial stability, yet also reflecting market caution regarding its future growth prospects.
- Estimate Revision Trends: In the last three months, EPS estimates have seen one upward revision and eight downward adjustments, while revenue estimates experienced four upward and four downward revisions, indicating a divergence in analyst sentiment that could impact investor confidence.
- Market Environment Impact: Morgan Stanley recently downgraded CDW and other IT hardware companies, citing CIOs' cuts to hardware budgets, which may exert pressure on CDW's short-term performance and limit its upward valuation potential.
See More
Morgan Stanley Downgrades NetApp, Logitech, and CDW as Hardware Budgets Hit 15-Year Low
- Declining Hardware Budgets: Morgan Stanley's survey indicates that enterprises expect only 1% growth in hardware budgets for 2026, a 60bps decline from Q3 2025, reflecting caution towards the macroeconomic environment and potentially leading to revenue declines for related IT companies.
- NetApp Downgrade: NetApp's rating was downgraded from Equal-weight to Underweight, with its price target reduced from $117 to $89, highlighting risks from NAND price inflation that could adversely affect future performance in its storage solutions.
- Logitech's Dim Outlook: Logitech's rating was also downgraded to Underweight, with its price target lowered from $107 to $89, as approximately 80% of its revenue is closely tied to notebook and gaming PC shipments, suggesting potential sales declines due to weak market demand.
- CDW Revenue Risks: CDW's rating was downgraded to Equal-weight, with its price target cut from $177 to $141, as over 40% of its revenue comes from PC, server, and storage sales, indicating that reduced hardware budgets will directly impact its performance.
See More
Advance Auto Parts and CDW Show Active Options Trading
- Advance Auto Parts Options Activity: Advance Auto Parts Inc (AAP) has seen an options trading volume of 8,920 contracts today, representing approximately 892,000 shares, which is about 45.1% of its average daily trading volume of 2.0 million shares over the past month, indicating a significant increase in market interest.
- High Call Option Volume: Within AAP, the $55 strike call option has traded 2,756 contracts today, representing around 275,600 shares, reflecting investor expectations for AAP's future price increase, which could influence its stock performance.
- CDW Options Trading Overview: CDW Corp (CDW) has recorded an options trading volume of 7,793 contracts today, equating to approximately 779,300 shares, or about 44.4% of its average daily trading volume of 1.8 million shares over the past month, showcasing its market activity.
- CDW Call Option Trading: For CDW, the $150 strike call option has seen a trading volume of 3,713 contracts today, representing approximately 371,300 shares, indicating optimistic investor sentiment regarding CDW's future performance, which may drive its stock price higher.
See More
CDW Reports Strong Q4 Results Exceeding Expectations
- Earnings Beat: CDW reported an adjusted EPS of $2.57 for Q4 FY2025, surpassing analysts' expectations of $2.44 and increasing from $2.48 a year earlier, indicating enhanced profitability.
- Strong Sales Growth: Net sales reached $5.51 billion, up 6.3% year-over-year, exceeding the consensus forecast of $5.29 billion, primarily driven by robust demand for notebooks, mobile devices, software, and services, reflecting market vitality.
- Cost Pressure Evident: Despite sales growth, selling and administrative expenses rose 10.3% year-over-year to $824 million, outpacing revenue growth and pressuring margins, with adjusted operating margin declining from 9.6% to 9.1%.
- Increased Shareholder Returns: CDW's board approved a quarterly cash dividend of 63 cents per share, payable on March 10, 2026, demonstrating the company's commitment to shareholder returns while reflecting a healthy cash flow position.
See More
S&P 500 Futures Rise in Pre-Market Trading; Mercury Systems and Boston Scientific Underperform
Market Opening: U.S. stock markets are set to open in two hours.
Super Micro Computer Inc. Performance: Super Micro Computer Inc. (SMCI) saw a 10.3% increase in pre-market trading.
Lumentum Holdings Inc. Performance: Lumentum Holdings Inc. (LITE) also experienced a 10.3% rise in pre-market trading.
Overall Market Sentiment: The significant gains in these companies indicate positive market sentiment ahead of the market opening.
See More
CDW Corporation Declares Quarterly Dividend of $0.63 per Share
- Quarterly Dividend Announcement: CDW Corporation has declared a quarterly dividend of $0.63 per share, consistent with previous distributions, indicating stable cash flow and shareholder return strategy, which is expected to bolster investor confidence.
- Dividend Yield: The forward yield of 2.0% reflects the company's attractiveness in the current market environment, potentially appealing to investors seeking stable income.
- Shareholder Record Date: The dividend will be payable on March 10, with a record date of February 25 and an ex-dividend date also on February 25, providing investors with a clear timeline to participate in the dividend distribution.
- Financial Performance Beats Expectations: CDW Corporation reported a non-GAAP EPS of $2.57 for Q3 2025, beating expectations by $0.13, with revenue of $5.51 billion exceeding forecasts by $180 million, showcasing the company's strong performance and growth potential in the market.
See More
CDW Corporation Set to Announce Q4 Earnings on February 4
- Earnings Announcement: CDW Corporation is set to release its Q4 2023 earnings on February 4 before market open, with consensus EPS estimate at $2.44, reflecting a 1.6% year-over-year decline, while revenue is projected at $5.33 billion, indicating a 2.7% year-over-year increase.
- Performance Expectations: Over the past two years, CDW has surpassed EPS estimates 63% of the time and revenue estimates 38% of the time, demonstrating a degree of financial stability, yet also reflecting market caution regarding its future growth prospects.
- Estimate Revision Trends: In the last three months, EPS estimates have seen one upward revision and eight downward adjustments, while revenue estimates experienced four upward and four downward revisions, indicating a divergence in analyst sentiment that could impact investor confidence.
- Market Environment Impact: Morgan Stanley recently downgraded CDW and other IT hardware companies, citing CIOs' cuts to hardware budgets, which may exert pressure on CDW's short-term performance and limit its upward valuation potential.
See More
Morgan Stanley Downgrades NetApp, Logitech, and CDW as Hardware Budgets Hit 15-Year Low
- Declining Hardware Budgets: Morgan Stanley's survey indicates that enterprises expect only 1% growth in hardware budgets for 2026, a 60bps decline from Q3 2025, reflecting caution towards the macroeconomic environment and potentially leading to revenue declines for related IT companies.
- NetApp Downgrade: NetApp's rating was downgraded from Equal-weight to Underweight, with its price target reduced from $117 to $89, highlighting risks from NAND price inflation that could adversely affect future performance in its storage solutions.
- Logitech's Dim Outlook: Logitech's rating was also downgraded to Underweight, with its price target lowered from $107 to $89, as approximately 80% of its revenue is closely tied to notebook and gaming PC shipments, suggesting potential sales declines due to weak market demand.
- CDW Revenue Risks: CDW's rating was downgraded to Equal-weight, with its price target cut from $177 to $141, as over 40% of its revenue comes from PC, server, and storage sales, indicating that reduced hardware budgets will directly impact its performance.
See More
