NASDAQ:CNXN

PC Connection (CNXN) Stock Price, News & Analysis

$65.10
+0.14 (+0.22%)
(As of 05/13/2024 ET)
Today's Range
$64.48
$65.50
50-Day Range
$59.29
$65.93
52-Week Range
$41.43
$70.55
Volume
90,761 shs
Average Volume
70,771 shs
Market Capitalization
$1.72 billion
P/E Ratio
20.87
Dividend Yield
0.61%
Price Target
N/A

PC Connection MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.79% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.73mentions of PC Connection in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
14.03%
From $3.35 to $3.82 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.99 out of 5 stars

Retail/Wholesale Sector

64th out of 202 stocks

Catalog & Mail - Order Houses Industry

6th out of 24 stocks

CNXN stock logo

About PC Connection Stock (NASDAQ:CNXN)

PC Connection, Inc., together with its subsidiaries, provides a range of information technology (IT) solutions. The company operates through three segments: Business Solutions, Enterprise Solutions, and Public Sector Solutions. It offers IT products, such as computer systems, software and peripheral equipment, networking communications, and other products and accessories. The company also provides services comprising design, configuration, and implementation of IT solutions. In addition, publishes Connected, a quarterly publication that provides informative articles on the latest technologies and industry trends; distributes specialty catalogs to education, healthcare, and government customers; and MacConnection that publishes a catalog for the Apple market. The company markets its products and services through its Websites, such as connection.com, connection.com/enterprise, connection.com/publicsector, and macconnection.com. It serves small to medium-sized businesses (SMBs) comprising small office/home offices customers; government and educational institutions; and medium-to-large corporate accounts through outbound telemarketing and field sales and marketing programs targeted to specific customer populations, as well as through digital, Web, and print media advertising. PC Connection, Inc. was founded in 1982 and is headquartered in Merrimack, New Hampshire.

CNXN Stock Price History

CNXN Stock News Headlines

Connection Awarded GOVMVMT Technology Contract
Connection Awarded Federal Purchase Agreement
PC Connection Inc.
Here's what to expect from PC Connection's earnings report
PC Connection, Inc.
CNXN Apr 2024 75.000 call
Connection Announces 2024 IT Superhero Awards
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
2/26/2024
Dividend Payable
3/15/2024
Last Earnings
5/01/2024
Today
5/13/2024
Ex-Dividend for 5/29 Dividend
5/13/2024
Dividend Payable
5/29/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
Technology Distributors
Current Symbol
NASDAQ:CNXN
CUSIP
69318J10
Employees
2,703
Year Founded
1982

Profitability

Net Income
$83.27 million
Pretax Margin
4.06%

Debt

Sales & Book Value

Annual Sales
$2.85 billion
Cash Flow
$3.66 per share
Book Value
$32.00 per share

Miscellaneous

Free Float
11,468,000
Market Cap
$1.71 billion
Optionable
Optionable
Beta
0.67

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CNXN Stock Analysis - Frequently Asked Questions

How have CNXN shares performed in 2024?

PC Connection's stock was trading at $67.21 on January 1st, 2024. Since then, CNXN stock has decreased by 3.1% and is now trading at $65.10.
View the best growth stocks for 2024 here
.

When is PC Connection's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our CNXN earnings forecast
.

How were PC Connection's earnings last quarter?

PC Connection, Inc. (NASDAQ:CNXN) announced its quarterly earnings data on Wednesday, May, 1st. The company reported $0.50 earnings per share for the quarter, missing analysts' consensus estimates of $0.64 by $0.14. The company had revenue of $632.03 million for the quarter, compared to analysts' expectations of $694.19 million. PC Connection had a trailing twelve-month return on equity of 10.10% and a net margin of 2.98%. During the same quarter last year, the business earned $0.56 EPS.

How often does PC Connection pay dividends? What is the dividend yield for PC Connection?

PC Connection declared a quarterly dividend on Wednesday, May 1st. Investors of record on Tuesday, May 14th will be paid a dividend of $0.10 per share on Wednesday, May 29th. This represents a $0.40 dividend on an annualized basis and a yield of 0.61%. The ex-dividend date of this dividend is Monday, May 13th.
Read our dividend analysis for CNXN
.

Is PC Connection a good dividend stock?

PC Connection (NASDAQ:CNXN) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.62%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNXN will have a dividend payout ratio of 10.47% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNXN.

What ETFs hold PC Connection's stock?

ETFs with the largest weight of PC Connection (NASDAQ:CNXN) stock in their portfolio include Small Cap US Equity Select ETF (RNSC).First Trust Active Factor Small Cap ETF (AFSM).

What is Timothy McGrath's approval rating as PC Connection's CEO?

194 employees have rated PC Connection Chief Executive Officer Timothy McGrath on Glassdoor.com. Timothy McGrath has an approval rating of 72% among the company's employees.

What other stocks do shareholders of PC Connection own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PC Connection investors own include Cisco Systems (CSCO), NVIDIA (NVDA), Pfizer (PFE), AT&T (T), Verizon Communications (VZ), Bristol-Myers Squibb (BMY), Alphabet (GOOG), Johnson & Johnson (JNJ), Procter & Gamble (PG) and TD SYNNEX (SNX).

Who are PC Connection's major shareholders?

PC Connection's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (3.95%), Mawer Investment Management Ltd. (3.23%), Allspring Global Investments Holdings LLC (0.36%), Denali Advisors LLC (0.29%), Principal Financial Group Inc. (0.25%) and SG Americas Securities LLC (0.10%). Insiders that own company stock include Barbara Duckett, Jack L Ferguson, Negrini David Beffa, Patricia Gallup, Thomas C Baker and Timothy J Mcgrath.
View institutional ownership trends
.

How do I buy shares of PC Connection?

Shares of CNXN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does PC Connection have any subsidiaries?
The following companies are subsidiares of PC Connection: ComTeq, GlobalServe, GlobalServe Inc., GovConnection, GovConnection Inc., Merisel Americas Inc., MoreDirect, MoreDirect Inc., Outpost.com, PC Connection Sales Corporation, Softmart, and ValCom Technology.
Read More
This page (NASDAQ:CNXN) was last updated on 5/13/2024 by MarketBeat.com Staff

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