Q2 Earnings Forecast for PC Connection Issued By Sidoti Csr

PC Connection, Inc. (NASDAQ:CNXN - Free Report) - Stock analysts at Sidoti Csr upped their Q2 2025 EPS estimates for PC Connection in a research report issued to clients and investors on Thursday, May 1st. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will earn $1.00 per share for the quarter, up from their previous forecast of $0.99. The consensus estimate for PC Connection's current full-year earnings is $3.33 per share. Sidoti Csr also issued estimates for PC Connection's FY2025 earnings at $3.60 EPS, Q1 2026 earnings at $0.57 EPS and Q3 2026 earnings at $1.23 EPS.

PC Connection (NASDAQ:CNXN - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.42 by $0.18. The business had revenue of $701.05 million for the quarter, compared to analyst estimates of $646.37 million. PC Connection had a return on equity of 9.74% and a net margin of 3.11%.

Separately, StockNews.com lowered shares of PC Connection from a "strong-buy" rating to a "buy" rating in a research report on Friday.

PC Connection Price Performance

Shares of CNXN stock traded down $0.27 during trading hours on Monday, reaching $68.79. The stock had a trading volume of 9,454 shares, compared to its average volume of 96,721. The firm has a 50-day simple moving average of $62.28 and a 200-day simple moving average of $67.37. The firm has a market capitalization of $1.75 billion, a PE ratio of 20.91, a price-to-earnings-growth ratio of 1.96 and a beta of 0.67. PC Connection has a twelve month low of $56.82 and a twelve month high of $77.19.

Hedge Funds Weigh In On PC Connection

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in PC Connection by 178.7% in the third quarter. Barclays PLC now owns 36,002 shares of the company's stock worth $2,717,000 after purchasing an additional 23,084 shares in the last quarter. JPMorgan Chase & Co. lifted its position in PC Connection by 59.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 33,870 shares of the company's stock valued at $2,555,000 after purchasing an additional 12,608 shares during the period. Rhumbline Advisers increased its holdings in shares of PC Connection by 0.4% in the fourth quarter. Rhumbline Advisers now owns 85,432 shares of the company's stock worth $5,918,000 after acquiring an additional 298 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of PC Connection by 3.5% in the fourth quarter. Principal Financial Group Inc. now owns 63,842 shares of the company's stock valued at $4,422,000 after buying an additional 2,138 shares during the last quarter. Finally, New York State Common Retirement Fund grew its holdings in PC Connection by 8.8% in the 4th quarter. New York State Common Retirement Fund now owns 35,997 shares of the company's stock valued at $2,494,000 after buying an additional 2,900 shares in the last quarter. 42.85% of the stock is currently owned by institutional investors and hedge funds.

PC Connection Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Tuesday, May 13th will be issued a dividend of $0.15 per share. The ex-dividend date is Tuesday, May 13th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.87%. PC Connection's payout ratio is presently 18.18%.

About PC Connection

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.