Positive News SentimentPositive News PC Connection Stock Price, News & Analysis (NASDAQ:CNXN) $65.21 +1.23 (+1.92%) (As of 12/8/2023 ET) Add Compare Share Share Today's Range$63.79▼$65.3350-Day Range$52.32▼$65.2152-Week Range$37.76▼$65.33Volume50,409 shsAverage Volume56,460 shsMarket Capitalization$1.71 billionP/E Ratio21.96Dividend Yield0.49%Price TargetN/A Stock AnalysisStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media PC Connection MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy1.62% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.51Based on 2 Articles This WeekInsider TradingSelling Shares$415,140 Sold Last QuarterProj. Earnings Growth6.90%From $3.19 to $3.41 Per ShareSee Full Details Hide Full Details 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 starsRetail/Wholesale Sector27th out of 204 stocksCatalog & Mail-Order Houses Industry3rd out of 22 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for PC Connection. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.62% of the float of PC Connection has been sold short.Short Interest Ratio / Days to CoverPC Connection has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PC Connection has recently decreased by 16.98%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldPC Connection has a dividend yield of 0.50%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthPC Connection does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PC Connection is 10.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PC Connection will have a dividend payout ratio of 9.38% next year. This indicates that PC Connection will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNXN. Previous Next 3.1 News and Social Media Coverage News SentimentPC Connection has a news sentiment score of 1.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 2 news articles for PC Connection this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for CNXN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added PC Connection to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PC Connection insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $415,140.00 in company stock.Percentage Held by Insiders56.90% of the stock of PC Connection is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions41.77% of the stock of PC Connection is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for PC Connection are expected to grow by 6.90% in the coming year, from $3.19 to $3.41 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PC Connection is 21.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.81.Price to Earnings Ratio vs. SectorThe P/E ratio of PC Connection is 21.96, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.52.Price to Earnings Growth RatioPC Connection has a PEG Ratio of 2.01. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPC Connection has a P/B Ratio of 2.24. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More CNXN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNXN Stock News HeadlinesDecember 8, 2023 | stocknews.comSnowflake (SNOW) Post-Earnings Analysis – Time to Buy, Hold, or Sell?December 6, 2023 | finance.yahoo.comInsider Sell Alert: Director Negrini Beffa Sells 5,000 Shares of PC Connection Inc (CNXN)December 9, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix 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.comNovember 23, 2023 | finance.yahoo.comInsider Sell: President & CEO Timothy McGrath Sells 22,694 Shares of PC Connection Inc (CNXN)November 16, 2023 | finance.yahoo.comConnection Announces Winners of 2023 IT Superhero AwardsNovember 14, 2023 | finance.yahoo.comInsider Sell Alert: Director Jack Ferguson Sells 3,000 Shares of PC Connection Inc (CNXN)November 8, 2023 | finance.yahoo.comPC Connection, Inc. (NASDAQ:CNXN) Passed Our Checks, And It's About To Pay A US$0.08 DividendNovember 6, 2023 | stocknews.comUber Technologies (UBER) Earnings Insights - Is the Tech Stock a Buying Opportunity?December 9, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix 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.comNovember 5, 2023 | morningstar.comPC Connection Inc CNXNNovember 2, 2023 | finance.yahoo.comPC Connection, Inc. (NASDAQ:CNXN) Q3 2023 Earnings Call TranscriptNovember 2, 2023 | finance.yahoo.comCan PC Connection, Inc. (NASDAQ:CNXN) Performance Keep Up Given Its Mixed Bag Of Fundamentals?November 2, 2023 | finance.yahoo.comQ3 2023 PC Connection Inc Earnings CallNovember 1, 2023 | finance.yahoo.comPC Connection Inc (CNXN) Reports 10.3% Increase in Net Income for Q3 2023 Despite Sales DipNovember 1, 2023 | stocknews.com3 Tech Stocks for a Stable Portfolio and Resilient ReturnsNovember 1, 2023 | finance.yahoo.comConnection (CNXN) Reports Third Quarter 2023 ResultsOctober 18, 2023 | finance.yahoo.comPC Connection, Inc. (CNXN) to Release Third Quarter Results for 2023October 5, 2023 | finance.yahoo.comPC Connection, Inc.'s (NASDAQ:CNXN) Intrinsic Value Is Potentially 20% Below Its Share PriceSeptember 13, 2023 | finance.yahoo.comPC Connection's (NASDAQ:CNXN) Returns On Capital Not Reflecting Well On The BusinessSeptember 11, 2023 | gurufocus.comInsider Sell: Sr. VP, CFO & Treasurer Thomas Baker Sells 2,500 Shares of PC Connection IncAugust 25, 2023 | benzinga.comPC Connection President & CEO Sold $1.88M In Company StockAugust 9, 2023 | finance.yahoo.comBe Sure To Check Out PC Connection, Inc. (NASDAQ:CNXN) Before It Goes Ex-DividendAugust 4, 2023 | seekingalpha.comPC Connection's Q2: Connecting Growth In An Uncertain MarketAugust 3, 2023 | finance.yahoo.comConnection (CNXN) Reports Second Quarter 2023 ResultsAugust 3, 2023 | finance.yahoo.comPC Connection (CNXN) Q2 Earnings Top EstimatesAugust 3, 2023 | finance.yahoo.comConnection Wins Two Microsoft Partner of the Year AwardsJuly 30, 2023 | finance.yahoo.comPC Connection's (NASDAQ:CNXN) investors will be pleased with their decent 33% return over the last five yearsSee More Headlines Receive CNXN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PC Connection and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/01/2023Ex-Dividend for 12/1 Dividend11/13/2023Dividend Payable12/01/2023Today12/08/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/08/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Catalog & mail - order houses Sub-IndustryTechnology Distributors SectorRetail/Wholesale Current SymbolNASDAQ:CNXN CUSIP69318J10 CIK1050377 Webwww.connection.com Phone603-683-2000Fax603-683-5797Employees2,685Year Founded1982Profitability EPS (Most Recent Fiscal Year)$2.97 Trailing P/E Ratio21.96 Forward P/E Ratio20.44 P/E Growth1.88Net Income$89.22 million Net Margins2.71% Pretax Margin3.66% Return on Equity10.18% Return on Assets7.04% Debt Debt-to-Equity RatioN/A Current Ratio3.06 Quick Ratio2.64 Sales & Book Value Annual Sales$2.89 billion Price / Sales0.59 Cash Flow$4.19 per share Price / Cash Flow15.56 Book Value$29.15 per share Price / Book2.24Miscellaneous Outstanding Shares26,272,000Free Float11,323,000Market Cap$1.71 billion OptionableOptionable Beta0.68 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMs. Patricia Gallup (Age 64)Co-Founder, Chairman, Chief Admin. Officer & Sec. Mr. Timothy J. McGrath (Age 59)Pres & CEO Mr. Stephen P. Sarno (Age 51)Sr. VP, CFO & Treasurer Key CompetitorsRevolve GroupNYSE:RVLVQurate RetailNASDAQ:QRTEARuhnnNASDAQ:RUHNLightInTheBoxNYSE:LITBBlue ApronNYSE:APRNView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 5,591 shares on 12/6/2023Ownership: 0.026%American Century Companies Inc.Bought 28,247 shares on 11/30/2023Ownership: 0.146%Public Sector Pension Investment BoardSold 6,102 shares on 11/22/2023Ownership: 0.053%Comerica BankSold 13,013 shares on 11/21/2023Ownership: 0.021%Royal Bank of CanadaSold 294 shares on 11/15/2023Ownership: 0.105%View All Insider TransactionsView All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PC Connection, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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