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NASDAQ:CNXN - PC Connection Stock Price, Forecast & News

$37.64
-1.16 (-2.99 %)
(As of 03/29/2020 02:54 AM ET)
Today's Range
$36.50
Now: $37.64
$38.77
50-Day Range
$32.30
MA: $39.76
$44.30
52-Week Range
$30.10
Now: $37.64
$56.33
Volume58,718 shs
Average Volume131,501 shs
Market Capitalization$991.44 million
P/E Ratio12.14
Dividend YieldN/A
Beta1.24
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.
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PC Connection logo

Industry, Sector and Symbol

Industry Catalog & mail-order houses
Sub-IndustryTechnology Distributors
SectorRetail/Wholesale
Current SymbolNASDAQ:CNXN
CUSIP69318J10
Phone603-683-2000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.82 billion
Cash Flow$3.54 per share
Book Value$22.70 per share

Profitability

Net Income$82.11 million

Miscellaneous

Employees2,609
Market Cap$991.44 million
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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PC Connection (NASDAQ:CNXN) Frequently Asked Questions

How has PC Connection's stock been impacted by COVID-19 (Coronavirus)?

PC Connection's stock was trading at $36.39 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CNXN shares have increased by 3.4% and is now trading at $37.64. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of PC Connection?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PC Connection in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for PC Connection.

When is PC Connection's next earnings date?

PC Connection is scheduled to release its next quarterly earnings announcement on Thursday, May 7th 2020. View our earnings forecast for PC Connection.

How were PC Connection's earnings last quarter?

PC Connection, Inc. (NASDAQ:CNXN) issued its earnings results on Tuesday, February, 4th. The company reported $0.83 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.80 by $0.03. The business earned $716.63 million during the quarter, compared to the consensus estimate of $734.16 million. PC Connection had a net margin of 2.91% and a return on equity of 14.51%. PC Connection's revenue was up 1.0% on a year-over-year basis. During the same period last year, the business earned $0.76 earnings per share. View PC Connection's earnings history.

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

PC Connection announced a dividend on Tuesday, December 17th. Shareholders of record on Friday, December 27th will be given a dividend of $0.32 per share on Friday, January 10th. The ex-dividend date of this dividend is Thursday, December 26th. View PC Connection's dividend history.

What price target have analysts set for CNXN?

1 brokerages have issued 1 year target prices for PC Connection's shares. Their forecasts range from $53.00 to $53.00. On average, they expect PC Connection's share price to reach $53.00 in the next twelve months. This suggests a possible upside of 40.8% from the stock's current price. View analysts' price targets for PC Connection.

Has PC Connection been receiving favorable news coverage?

News stories about CNXN stock have been trending negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PC Connection earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutPC Connection.

Who are some of PC Connection's key competitors?

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 Verizon Communications (VZ), Cisco Systems (CSCO), AT&T (T), NVIDIA (NVDA), Pfizer (PFE), Alphabet (GOOG), Enterprise Products Partners (EPD), Advanced Micro Devices (AMD), Bristol-Myers Squibb (BMY) and Consolidated Edison (ED).

Who are PC Connection's key executives?

PC Connection's management team includes the following people:
  • Ms. Patricia Gallup, Co-Founder, Chairman, Chief Admin. Officer & Sec. (Age 64)
  • Mr. Timothy J. McGrath, Pres & CEO (Age 59)
  • Mr. Stephen P. Sarno, Sr. VP, CFO & Treasurer (Age 51)

What is PC Connection's stock symbol?

PC Connection trades on the NASDAQ under the ticker symbol "CNXN."

Who are PC Connection's major shareholders?

PC Connection's stock is owned by many different retail and institutional investors. Top institutional shareholders include Royce & Associates LP (2.66%), Tributary Capital Management LLC (1.40%), State Street Corp (0.92%), Geode Capital Management LLC (0.90%), AQR Capital Management LLC (0.88%) and Fenimore Asset Management Inc. (0.71%). Company insiders that own PC Connection stock include David Beffa-Negrini, Barbara Duckett, David Beffa-Negrini, Jack L Ferguson, Negrini David Beffa and Timothy J Mcgrath. View institutional ownership trends for PC Connection.

Which institutional investors are selling PC Connection stock?

CNXN stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Pacific Ridge Capital Partners LLC, UBS Group AG, Goldman Sachs Group Inc., Hotchkis & Wiley Capital Management LLC, Alliancebernstein L.P., Russell Investments Group Ltd., and LSV Asset Management. Company insiders that have sold PC Connection company stock in the last year include Negrini David Beffa, and Timothy J Mcgrath. View insider buying and selling activity for PC Connection.

Which institutional investors are buying PC Connection stock?

CNXN stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Geode Capital Management LLC, Algert Global LLC, Charles Schwab Investment Management Inc., Oxford Asset Management LLP, Acadian Asset Management LLC, Nisa Investment Advisors LLC, and State Street Corp. View insider buying and selling activity for PC Connection.

How do I buy shares of PC Connection?

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

What is PC Connection's stock price today?

One share of CNXN stock can currently be purchased for approximately $37.64.

How big of a company is PC Connection?

PC Connection has a market capitalization of $991.44 million and generates $2.82 billion in revenue each year. The company earns $82.11 million in net income (profit) each year or $3.12 on an earnings per share basis. PC Connection employs 2,609 workers across the globe. View additional information about PC Connection.

What is PC Connection's official website?

The official website for PC Connection is http://www.connection.com/.

How can I contact PC Connection?

PC Connection's mailing address is 730 MILFORD RD, MERRIMACK NH, 03054. The company can be reached via phone at 603-683-2000 or via email at [email protected]


MarketBeat Community Rating for PC Connection (NASDAQ CNXN)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  253 (Thanks for Voting!)
Underperform Votes:  308 (Thanks for Voting!)
Total Votes:  561
MarketBeat's community ratings are surveys of what our community members think about PC Connection and other stocks. Vote "Outperform" if you believe CNXN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CNXN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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