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

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$33.65 +0.27 (+0.81 %)
(As of 05/24/2019 09:39 AM ET)
Previous Close$33.38
Today's Range$33.65 - $33.65
52-Week Range$27.04 - $43.05
Volume267 shs
Average Volume64,274 shs
Market Capitalization$886.98 million
P/E Ratio14.20
Dividend YieldN/A
Beta1.06
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

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$2.8687 per share
Book Value$20.40 per share

Profitability

Net Income$64.59 million

Miscellaneous

Employees2,513
Market Cap$886.98 million
Next Earnings Date8/1/2019 (Estimated)
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 declared 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) released its quarterly earnings results on Thursday, May, 2nd. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.46 by $0.04. The firm earned $632.92 million during the quarter, compared to analysts' expectations of $647.08 million. PC Connection had a net margin of 2.44% and a return on equity of 12.51%. The business's revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.42 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, August 1st 2019. View Earnings Estimates for PC Connection.

What price target have analysts set for CNXN?

2 analysts have issued 1 year price objectives for PC Connection's stock. Their forecasts range from $40.00 to $40.00. On average, they expect PC Connection's stock price to reach $40.00 in the next twelve months. This suggests a possible upside of 19.8% 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 1 hold rating and 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?

News stories about CNXN stock have been trending somewhat positive this week, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. PC Connection earned a coverage optimism score of 1.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.

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), Chesapeake Utilities (CPK), AT&T (T), Verizon Communications (VZ), Alphabet (GOOG), Snyder's-Lance (LNCE), Marlin Business Services (MRLN) and NVIDIA (NVDA).

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 retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (8.34%), BlackRock Inc. (3.75%), Royce & Associates LP (3.39%), Northern Trust Corp (2.65%), Tributary Capital Management LLC (1.49%) and LSV Asset Management (0.80%). 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 Royce & Associates LP, Paradigm Capital Management Inc. NY, BlackRock Inc., Dimensional Fund Advisors LP, Fenimore Asset Management Inc., Morgan Stanley, Federated Investors Inc. PA and Tributary Capital Management LLC. Company insiders that have sold PC Connection company stock in the last year include David Beffa-Negrini, Barbara Duckett, David Beffa-Negrini, 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 Seizert Capital Partners LLC, AQR Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, IndexIQ Advisors LLC, Jacobs Levy Equity Management Inc., Charles Schwab Investment Management Inc. and Geode Capital Management 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 $33.38.

How big of a company is PC Connection?

PC Connection has a market capitalization of $879.86 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.

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:  206 (Vote Outperform)
Underperform Votes:  246 (Vote Underperform)
Total Votes:  452
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 5/24/2019 by MarketBeat.com Staff

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