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Massive "Lightning Line" Rollout Underway Across America… (Ad)
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
Closing prices for crude oil, gold and other commodities
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
Elon Bets Big On Controversial Energy Tech: "This Is Bigger Than AI" (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
Closing prices for crude oil, gold and other commodities
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
Elon Bets Big On Controversial Energy Tech: "This Is Bigger Than AI" (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
Closing prices for crude oil, gold and other commodities
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
10 e-commerce stocks to consider for long-term buys
Elon Bets Big On Controversial Energy Tech: "This Is Bigger Than AI" (Ad)
How does the Consumer Price Index affect the stock market?
3 biotech powerhouses poised to thrive amid sector rebound
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Broadcom falls into a buy-the-dip opportunity 
A 'soft landing' or a recession? How each one might affect America's households and businesses
Massive "Lightning Line" Rollout Underway Across America… (Ad)
Carrier Global, Marathon Oil rise; RH, Newmont fall, Friday, 12/8/2023
Closing prices for crude oil, gold and other commodities

PC Connection Stock Price, News & Analysis (NASDAQ:CNXN)

$65.21
+1.23 (+1.92%)
(As of 12/8/2023 ET)
Compare
Today's Range
$63.79
$65.33
50-Day Range
$52.32
$65.21
52-Week Range
$37.76
$65.33
Volume
50,409 shs
Average Volume
56,460 shs
Market Capitalization
$1.71 billion
P/E Ratio
21.96
Dividend Yield
0.49%
Price Target
N/A

PC Connection MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.62% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.51mentions of PC Connection in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$415,140 Sold Last Quarter
Proj. Earnings Growth
6.90%
From $3.19 to $3.41 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.59 out of 5 stars

Retail/Wholesale Sector

27th out of 204 stocks

Catalog & Mail-Order Houses Industry

3rd out of 22 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

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Connection Announces Winners of 2023 IT Superhero Awards
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
PC Connection Inc CNXN
Q3 2023 PC Connection Inc Earnings Call
Connection (CNXN) Reports Third Quarter 2023 Results
Connection (CNXN) Reports Second Quarter 2023 Results
PC Connection (CNXN) Q2 Earnings Top Estimates
See More Headlines
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Company Calendar

Last Earnings
11/01/2023
Ex-Dividend for 12/1 Dividend
11/13/2023
Dividend Payable
12/01/2023
Today
12/08/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/08/2024

Industry, Sector and Symbol

Industry
Catalog & mail - order houses
Sub-Industry
Technology Distributors
Current Symbol
NASDAQ:CNXN
CUSIP
69318J10
Employees
2,685
Year Founded
1982

Profitability

Net Income
$89.22 million
Pretax Margin
3.66%

Debt

Sales & Book Value

Annual Sales
$2.89 billion
Cash Flow
$4.19 per share
Book Value
$29.15 per share

Miscellaneous

Free Float
11,323,000
Market Cap
$1.71 billion
Optionable
Optionable
Beta
0.68

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CNXN Stock Analysis - Frequently Asked Questions

How have CNXN shares performed in 2023?

PC Connection's stock was trading at $46.90 on January 1st, 2023. Since then, CNXN stock has increased by 39.0% and is now trading at $65.21.
View the best growth stocks for 2023 here
.

Are investors shorting PC Connection?

PC Connection saw a decrease in short interest in November. As of November 15th, there was short interest totaling 184,300 shares, a decrease of 17.0% from the October 31st total of 222,000 shares. Based on an average daily trading volume, of 57,100 shares, the days-to-cover ratio is presently 3.2 days. Currently, 1.6% of the shares of the stock are short sold.
View PC Connection's Short Interest
.

When is PC Connection's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our CNXN earnings forecast
.

How were PC Connection's earnings last quarter?

PC Connection, Inc. (NASDAQ:CNXN) issued its quarterly earnings results on Wednesday, November, 1st. The company reported $0.97 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.16. The business had revenue of $693.09 million for the quarter, compared to analysts' expectations of $738.41 million. PC Connection had a trailing twelve-month return on equity of 10.18% and a net margin of 2.71%.

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

PC Connection announced a quarterly dividend on Wednesday, November 1st. Shareholders of record on Tuesday, November 14th will be paid a dividend of $0.08 per share on Friday, December 1st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date is Monday, November 13th.
Read our dividend analysis for CNXN
.

Is PC Connection a good dividend stock?

PC Connection (NASDAQ:CNXN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.50%. The dividend payout ratio is 10.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNXN will have a dividend payout ratio of 9.38% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNXN.

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 many different institutional and retail investors. Top institutional shareholders include Mawer Investment Management Ltd. (5.36%), Brown Advisory Inc. (1.50%), Charles Schwab Investment Management Inc. (0.87%), Invesco Ltd. (0.60%), AQR Capital Management LLC (0.42%) and Allspring Global Investments Holdings LLC (0.41%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/9/2023 by MarketBeat.com Staff

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