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

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$30.00 -0.08 (-0.27 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$30.00
Today's Range$29.70 - $30.65
52-Week Range$22.66 - $43.05
Volume60,090 shs
Average Volume63,134 shs
Market Capitalization$804.04 million
P/E Ratio16.30
Dividend YieldN/A
Beta1.21
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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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current Ratio2.95
Quick Ratio2.45

Price-To-Earnings

Trailing P/E Ratio16.30
Forward P/E Ratio13.45
P/E Growth1.69

Sales & Book Value

Annual Sales$2.91 billion
Price / Sales0.28
Cash Flow$2.2762 per share
Price / Cash Flow13.18
Book Value$17.98 per share
Price / Book1.67

Profitability

EPS (Most Recent Fiscal Year)$1.84
Net Income$54.85 million
Net Margins2.33%
Return on Equity11.54%
Return on Assets7.77%

Miscellaneous

Employees2,505
Outstanding Shares26,730,000
Market Cap$804.04 million
OptionableOptionable

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 19th. Shareholders of record on Friday, December 29th will be paid a dividend of $0.34 per share on Friday, January 12th. The ex-dividend date of this dividend is Thursday, December 28th. View PC Connection's Dividend History.

How were PC Connection's earnings last quarter?

PC Connection, Inc. (NASDAQ:CNXN) posted its earnings results on Thursday, November, 1st. The company reported $0.51 earnings per share for the quarter, topping analysts' consensus estimates of $0.50 by $0.01. The firm had revenue of $658.50 million for the quarter, compared to analysts' expectations of $673.10 million. PC Connection had a return on equity of 11.54% and a net margin of 2.33%. The firm's quarterly revenue was down 9.7% on a year-over-year basis. During the same period last year, the firm posted $0.49 EPS. 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 21st 2019. View Earnings Estimates for PC Connection.

What guidance has PC Connection issued on next quarter's earnings?

PC Connection updated its third quarter earnings guidance on Thursday, October, 18th. The company provided earnings per share guidance of $0.49-0.51 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.67. The company issued revenue guidance of $657-659 million, compared to the consensus revenue estimate of $701.42 million.

What price target have analysts set for CNXN?

2 Wall Street analysts have issued 12 month price targets for PC Connection's stock. Their predictions range from $40.00 to $40.00. On average, they anticipate PC Connection's stock price to reach $40.00 in the next year. This suggests a possible upside of 33.3% from the stock's current price. View Analyst Price Targets for PC Connection.

What is the consensus analysts' recommendation for PC Connection?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PC Connection in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PC Connection.

Has PC Connection been receiving favorable news coverage?

Press coverage about CNXN stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. PC Connection earned a news impact score of 1.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next several days.

Who are some of PC Connection's key competitors?

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 a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.46%), Royce & Associates LP (4.34%), BlackRock Inc. (4.04%), Vanguard Group Inc. (2.11%), Vanguard Group Inc (2.11%) and Fenimore Asset Management Inc. (1.06%). Company insiders that own PC Connection stock include David Beffa-Negrini, Barbara Duckett, David Beffa-Negrini 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, Tributary Capital Management LLC, Pacific Ridge Capital Partners LLC, Fenimore Asset Management Inc., Clearbridge Investments LLC, ClariVest Asset Management LLC, Nordea Investment Management AB and Russell Investments Group Ltd.. Company insiders that have sold PC Connection company stock in the last year include David Beffa-Negrini, Barbara Duckett, David Beffa-Negrini and Timothy J McGrath. View Insider Buying and Selling for PC Connection.

Which institutional investors are buying PC Connection stock?

CNXN stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Matarin Capital Management LLC, James Investment Research Inc., AQR Capital Management LLC, Panagora Asset Management Inc., Wells Fargo & Company MN, AXA and Citadel Advisors LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is PC Connection's stock price today?

One share of CNXN stock can currently be purchased for approximately $30.00.

How big of a company is PC Connection?

PC Connection has a market capitalization of $804.04 million and generates $2.91 billion in revenue each year. The company earns $54.85 million in net income (profit) each year or $1.84 on an earnings per share basis. PC Connection employs 2,505 workers across the globe.

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:  193 (Vote Outperform)
Underperform Votes:  225 (Vote Underperform)
Total Votes:  418
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 12/15/2018 by MarketBeat.com Staff

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