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

$36.90
-0.12 (-0.32 %)
(As of 09/20/2019 04:00 PM ET)
Today's Range
$36.25
Now: $36.90
$37.39
50-Day Range
$33.15
MA: $36.28
$39.85
52-Week Range
$27.04
Now: $36.90
$42.49
Volume85,326 shs
Average Volume55,716 shs
Market Capitalization$971.21 million
P/E Ratio15.57
Dividend YieldN/A
Beta1.1
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$2.8649 per share
Book Value$19.67 per share

Profitability

Net Income$64.59 million

Miscellaneous

Employees2,513
Market Cap$971.21 million
Next Earnings Date11/7/2019 (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 paid a dividend of $0.32 per share on Friday, January 11th. The ex-dividend date of this dividend is Thursday, December 27th. 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, August, 1st. The company reported $0.89 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.70 by $0.19. The company earned $741.10 million during the quarter, compared to analysts' expectations of $719.44 million. PC Connection had a return on equity of 13.23% and a net margin of 2.61%. The business's quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.68 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, November 7th 2019. View Earnings Estimates for PC Connection.

What price target have analysts set for CNXN?

1 brokers have issued 12-month price objectives for PC Connection's stock. Their predictions range from $44.00 to $44.00. On average, they anticipate PC Connection's share price to reach $44.00 in the next twelve months. This suggests a possible upside of 19.2% 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?

Headlines about CNXN stock have been trending somewhat negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PC Connection earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for PC Connection.

Are investors shorting PC Connection?

PC Connection saw a drop in short interest during the month of August. As of August 15th, there was short interest totalling 368,900 shares, a drop of 11.3% from the July 15th total of 415,900 shares. Based on an average daily volume of 56,200 shares, the days-to-cover ratio is currently 6.6 days. Currently, 3.3% of the shares of the stock are short sold. 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), Johnson & Johnson (JNJ), AT&T (T), Verizon Communications (VZ) and Snyder's-Lance (LNCE).

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 variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.02%), Northern Trust Corp (2.67%), Vanguard Group Inc. (2.17%), Tributary Capital Management LLC (1.50%), Wells Fargo & Company MN (1.04%) and AQR Capital Management LLC (0.93%). 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 major investors are selling PC Connection stock?

CNXN stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Invesco Ltd., Cambridge Investment Research Advisors Inc., Bank of America Corp DE, Grantham Mayo Van Otterloo & Co. LLC, Systematic Financial Management LP, LSV Asset Management and Vanguard Group Inc.. Company insiders that have sold PC Connection company stock in the last year include Jack L Ferguson and Negrini David Beffa. View Insider Buying and Selling for PC Connection.

Which major investors are buying PC Connection stock?

CNXN stock was acquired by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, AQR Capital Management LLC, BlackRock Inc., Municipal Employees Retirement System of Michigan, Charles Schwab Investment Management Inc., Summit Global Investments, Zacks Investment Management and Jacobs Levy Equity Management Inc.. 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 $36.90.

How big of a company is PC Connection?

PC Connection has a market capitalization of $971.21 million 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:  225 (Vote Outperform)
Underperform Votes:  267 (Vote Underperform)
Total Votes:  492
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 9/21/2019 by MarketBeat.com Staff

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