NASDAQ:CNXN PC Connection - CNXN Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $48.44 -0.23 (-0.47%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's Range$48.00▼$48.7650-Day Range$45.98▼$55.5852-Week Range$42.20▼$56.68Volume77,087 shsAverage Volume58,576 shsMarket Capitalization$1.27 billionP/E Ratio13.76Dividend YieldN/APrice TargetN/A ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media PC Connection MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish2.96% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.06Based on 6 Articles This WeekInsider TradingSelling Shares$1.84 M Sold Last QuarterProj. Earnings Growth2.92%From $3.42 to $3.52 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.1.69 out of 5 starsRetail/Wholesale Sector160th out of 212 stocksCatalog & Mail - Order Houses Industry24th out of 31 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for PC Connection. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.96% 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 6.5.Change versus previous monthShort interest in PC Connection has recently increased by 11.69%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPC Connection does not currently pay a dividend.Dividend GrowthPC Connection does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNXN. Previous Next 1.1 News and Social Media Coverage News SentimentPC Connection has a news sentiment score of -0.06. 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 lower news sentiment than the 0.44 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 6 news articles for PC Connection this week, compared to 1 article on an average week.MarketBeat FollowsOnly 2 people have added PC Connection to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% 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 $1,840,669.00 in company stock.Percentage Held by Insiders57.50% 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 Institutions42.51% 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 1.9 Earnings and Valuation Earnings GrowthEarnings for PC Connection are expected to grow by 2.92% in the coming year, from $3.42 to $3.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PC Connection is 13.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 150.76.Price to Earnings Ratio vs. SectorThe P/E ratio of PC Connection is 13.76, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 46.74.Price to Book Value per Share RatioPC Connection has a P/B Ratio of 1.86. 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 (NASDAQ:CNXN) StockPC 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 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 CNXN Stock News HeadlinesFebruary 8, 2023 | msn.comA Preview Of PC Connection's EarningsFebruary 8, 2023 | americanbankingnews.comInsider Selling: PC Connection, Inc. (NASDAQ:CNXN) Chairman Sells 3,553 Shares of StockFebruary 9, 2023 | RJO Futures (Ad)An All-In-One Guide for Trading MetalsSo many want to add metals to their portfolio. Metals can be a great way to protect your money and hedge against market downturns. But first, you need to know how. Download our FREE Guide to Metals Futures today from RJO Futures to get the information that you need to know to trade futures in metals. February 7, 2023 | americanbankingnews.comPC Connection (CNXN) Set to Announce Earnings on ThursdayFebruary 3, 2023 | americanbankingnews.comPC Connection (NASDAQ:CNXN) Cut to Buy at StockNews.comJanuary 31, 2023 | americanbankingnews.comShort Interest in PC Connection, Inc. (NASDAQ:CNXN) Expands By 11.7%January 26, 2023 | finance.yahoo.comPC Connection, Inc. (CNXN) to Release Fourth Quarter and Full Year Results For 2022December 12, 2022 | finance.yahoo.comThe Zacks Analyst Blog Highlights Chico's FAS, Citi Trends, Urban Outfitters, PC Connection and Ross StoresFebruary 9, 2023 | Vector Vest (Ad)Free Stock Analysis Report: See the Right Way to Analyze StocksGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. December 8, 2022 | finance.yahoo.comPlainsight and Connection Launch AI Alliance To Bring Computer Vision To Enterprises Across IndustriesDecember 7, 2022 | finance.yahoo.comWe Ran A Stock Scan For Earnings Growth And PC Connection (NASDAQ:CNXN) Passed With EaseNovember 23, 2022 | finance.yahoo.comPC Connection, Inc.'s (NASDAQ:CNXN) Stock Is Going Strong: Is the Market Following Fundamentals?November 22, 2022 | finance.yahoo.comConnection (CNXN) Announces a Special Dividend to Shareholders and Increase to Share Repurchase ProgramNovember 22, 2022 | finance.yahoo.comPC Connection Shares Pop On Special Dividend, Buyback BoostNovember 21, 2022 | finance.yahoo.comPC Connection (CNXN)'s Technical Outlook is Bright After Key Golden CrossNovember 18, 2022 | seekingalpha.comForecast: PC Connection Stock's Price Could Soon Outgain 3,209 OthersNovember 9, 2022 | finance.yahoo.comPC Connection Third Quarter 2022 Earnings: EPS Beats Expectations, Revenues LagNovember 7, 2022 | finance.yahoo.comConnection Announces Winners of 2022 IT Superhero AwardsNovember 7, 2022 | finance.yahoo.comMickey Bland Joins Connection Enterprise Solutions Group as PresidentNovember 6, 2022 | seekingalpha.comPC Connection, Inc. (CNXN) Q3 2022 Earnings Call TranscriptNovember 6, 2022 | finance.yahoo.comIs PC Connection, Inc. (NASDAQ:CNXN) Trading At A 31% Discount?November 3, 2022 | finance.yahoo.comConnection (CNXN) Reports Third Quarter 2022 ResultsNovember 3, 2022 | finance.yahoo.comPC Connection (CNXN) Beats Q3 Earnings EstimatesOctober 21, 2022 | uk.finance.yahoo.comPC Connection, Inc. (CNXN)October 20, 2022 | finance.yahoo.comPC Connection, Inc. (CNXN) to Release Third Quarter Results For 2022October 18, 2022 | nasdaq.comPC Connection, Inc.'s (NASDAQ:CNXN) Stock Has Fared Decently: Is the Market Following Strong Financials?October 18, 2022 | finance.yahoo.comReturns At PC Connection (NASDAQ:CNXN) Appear To Be Weighed DownSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 CNXN Company Calendar Last Earnings11/04/2021Ex-Dividend for 12/23 Dividend12/02/2022Dividend Payable12/23/2022Today2/09/2023Next Earnings (Confirmed)2/09/2023Fiscal Year End12/31/2023Get 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 Phone603-683-2000Fax603-683-5797Employees2,542Year Founded1982Profitability EPS (Most Recent Fiscal Year)$3.52 Trailing P/E Ratio13.76 Forward P/E Ratio14.16 P/E GrowthN/ANet Income$69.91 million Net Margins2.91% Pretax Margin4.02% Return on Equity12.90% Return on Assets8.35% Debt Debt-to-Equity RatioN/A Current Ratio2.79 Quick Ratio2.19 Sales & Book Value Annual Sales$2.89 billion Price / Sales0.44 Cash Flow$3.14 per share Price / Cash Flow15.43 Book Value$26.04 per share Price / Book1.86Miscellaneous Outstanding Shares26,290,000Free Float11,172,000Market Cap$1.27 billion OptionableOptionable Beta0.76 Social Links 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 CompetitorsInsight EnterprisesNASDAQ:NSITDingdong (Cayman)NYSE:DDLOverstock.comNASDAQ:OSTKQurate RetailNASDAQ:QRTEAMYT Netherlands Parent B.V.NYSE:MYTEView All CompetitorsInsiders & InstitutionsSwiss National BankBought 600 shares on 2/8/2023Ownership: 0.108%UBS Group AGBought 5,748 shares on 2/8/2023Ownership: 0.035%Mawer Investment Management Ltd.Sold 8,148 shares on 2/7/2023Ownership: 7.527%Texas Permanent School FundBought 452 shares on 2/7/2023Ownership: 0.033%Patricia GallupSold 3,553 sharesTotal: $180,883.23 ($50.91/share)View All Insider TransactionsView All Institutional Transactions CNXN Stock - Frequently Asked Questions How have CNXN shares performed in 2023? PC Connection's stock was trading at $46.90 at the beginning of the year. Since then, CNXN shares have increased by 3.3% and is now trading at $48.44. View the best growth stocks for 2023 here. Are investors shorting PC Connection? PC Connection saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 335,400 shares, an increase of 11.7% from the December 31st total of 300,300 shares. Based on an average trading volume of 51,800 shares, the days-to-cover ratio is currently 6.5 days. Currently, 3.0% of the shares of the stock are sold short. 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 9th 2023. View our CNXN earnings forecast. How can I listen to PC Connection's earnings call? PC Connection will be holding an earnings conference call on Thursday, February 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link. How were PC Connection's earnings last quarter? PC Connection, Inc. (NASDAQ:CNXN) issued its earnings results on Thursday, November, 4th. The company reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.05. The company had revenue of $751.37 million for the quarter, compared to analyst estimates of $725.17 million. PC Connection had a net margin of 2.91% and a trailing twelve-month return on equity of 12.90%. During the same period in the prior year, the business posted $0.64 EPS. How often does PC Connection pay dividends? What is the dividend yield for PC Connection? PC Connection declared a dividend on Thursday, December 1st. Investors of record on Monday, December 5th will be given a dividend of $0.34 per share on Friday, December 23rd. This represents a dividend yield of 0.61%. The ex-dividend date of this dividend is Friday, December 2nd. 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). 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 a variety of retail and institutional investors. Top institutional investors include Mawer Investment Management Ltd. (7.53%), Allspring Global Investments Holdings LLC (0.40%), New York State Common Retirement Fund (0.15%), Swiss National Bank (0.11%), Summit Global Investments (0.05%) and Strs Ohio (0.05%). Insiders that own company stock include Barbara Duckett, Jack L Ferguson, Negrini David Beffa, Patricia Gallup 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. What is PC Connection's stock price today? One share of CNXN stock can currently be purchased for approximately $48.44. How much money does PC Connection make? PC Connection (NASDAQ:CNXN) has a market capitalization of $1.27 billion and generates $2.89 billion in revenue each year. The company earns $69.91 million in net income (profit) each year or $3.52 on an earnings per share basis. How many employees does PC Connection have? The company employs 2,542 workers across the globe. 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 How can I contact PC Connection? PC Connection's mailing address is 730 MILFORD RD, MERRIMACK NH, 03054. The official website for the company is www.connection.com. The company can be reached via phone at 603-683-2000, via email at ir@connection.com, or via fax at 603-683-5797. This page (NASDAQ:CNXN) was last updated on 2/9/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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