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

$49.41
-1.89 (-3.68 %)
(As of 11/22/2019 06:04 AM ET)
Today's Range
$49.00
Now: $49.41
$51.75
50-Day Range
$38.32
MA: $44.12
$51.74
52-Week Range
$27.11
Now: $49.41
$51.88
Volume112,100 shs
Average Volume93,645 shs
Market Capitalization$1.30 billion
P/E Ratio20.85
Dividend YieldN/A
Beta1.12
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. Read More…

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$2.70 billion
Cash Flow$2.78 per share
Book Value$22.16 per share

Profitability

Net Income$64.59 million

Miscellaneous

Employees2,513
Market Cap$1.30 billion
Next Earnings Date2/6/2020 (Estimated)
OptionableOptionable

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PC Connection (NASDAQ:CNXN) Frequently Asked Questions

What is PC Connection's stock symbol?

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

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

PC Connection announced a special dividend on Tuesday, December 18th. Shareholders of record on Friday, December 28th will be given a dividend of $0.32 per share on Friday, January 11th. The ex-dividend date is Thursday, December 27th. View PC Connection's Dividend History.

How were PC Connection's earnings last quarter?

PC Connection, Inc. (NASDAQ:CNXN) released its quarterly earnings data on Wednesday, October, 30th. The company reported $0.90 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.57 by $0.33. The business earned $729.41 million during the quarter, compared to analyst estimates of $688.20 million. PC Connection had a net margin of 2.90% and a return on equity of 14.68%. PC Connection's revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.51 earnings per share. View PC Connection's Earnings History.

When is PC Connection's next earnings date?

PC Connection is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for PC Connection.

What price target have analysts set for CNXN?

1 Wall Street analysts have issued 1 year target prices for PC Connection's stock. Their forecasts range from $60.00 to $60.00. On average, they expect PC Connection's share price to reach $60.00 in the next year. This suggests a possible upside of 21.4% from the stock's current price. View Analyst Price Targets for PC Connection.

What is the consensus analysts' recommendation for 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.

Has PC Connection been receiving favorable news coverage?

Media headlines about CNXN stock have been trending negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. PC Connection earned a media sentiment score of -2.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for PC Connection.

Are investors shorting PC Connection?

PC Connection saw a drop in short interest in October. As of October 31st, there was short interest totalling 426,300 shares, a drop of 7.5% from the September 30th total of 461,000 shares. Based on an average trading volume of 74,000 shares, the short-interest ratio is currently 5.8 days. Currently, 3.9% of the shares of the stock are sold short. View PC Connection's Current Options Chain.

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 Gigamon (GIMO), Cisco Systems (CSCO), Check Point Software Technologies (CHKP), Alphabet (GOOG), NVIDIA (NVDA), Chesapeake Utilities (CPK), AT&T (T), Verizon Communications (VZ), Snyder's-Lance (LNCE) and Marlin Business Services (MRLN).

Who are PC Connection's key executives?

PC Connection's management team includes the folowing 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)

Who are PC Connection's major shareholders?

PC Connection's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (1.45%), Fenimore Asset Management Inc. (0.80%), Russell Investments Group Ltd. (0.28%), Denali Advisors LLC (0.21%), California Public Employees Retirement System (0.19%) and Cadence Capital Management LLC (0.15%). 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 Tributary Capital Management LLC, Systematic Financial Management LP, California Public Employees Retirement System, First Quadrant L P CA, First National Bank of Omaha, Strs Ohio, Nisa Investment Advisors LLC and Envestnet Asset Management Inc.. Company insiders that have sold PC Connection company stock in the last year include Jack L Ferguson, Negrini David Beffa and Timothy J Mcgrath. View Insider Buying and Selling for PC Connection.

Which institutional investors are buying PC Connection stock?

CNXN stock was acquired by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, Denali Advisors LLC, Mackay Shields LLC, Alberta Investment Management Corp, Virginia Retirement Systems ET AL, Russell Investments Group Ltd., James Investment Research Inc. and Rhumbline Advisers. View Insider Buying and Selling 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 $49.41.

How big of a company is PC Connection?

PC Connection has a market capitalization of $1.30 billion and generates $2.70 billion in revenue each year. The company earns $64.59 million in net income (profit) each year or $2.37 on an earnings per share basis. PC Connection employs 2,513 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.pcconnection.com/.

How can I contact PC Connection?

PC Connection's mailing address is 730 MILFORD ROAD, 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:  237 (Vote Outperform)
Underperform Votes:  283 (Vote Underperform)
Total Votes:  520
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 11/22/2019 by MarketBeat.com Staff

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