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Being a Human Magnet Is Key to Your Company's Success. Here's What That Means.
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Near-Term Headwinds Send Nike To The Bargain Basement 
Sweden sends special diving vessel to area of pipeline leaks
Sell every Stock except ONE (Ad)
Russia's lower house of parliament endorses treaties for 4 regions of Ukraine to join Russia
Fraud, scam cases increasing on Zelle, Senate report finds
Sell every Stock except ONE (Ad)
UK scraps tax cut for wealthy that sparked market turmoil
Supreme Court won't take up MyPillow head's defamation case
S&P 500   3,678.43
DOW   29,490.89
QQQ   273.53
Being a Human Magnet Is Key to Your Company's Success. Here's What That Means.
Sell every Stock except ONE (Ad)
Near-Term Headwinds Send Nike To The Bargain Basement 
Sweden sends special diving vessel to area of pipeline leaks
Sell every Stock except ONE (Ad)
Russia's lower house of parliament endorses treaties for 4 regions of Ukraine to join Russia
Fraud, scam cases increasing on Zelle, Senate report finds
Sell every Stock except ONE (Ad)
UK scraps tax cut for wealthy that sparked market turmoil
Supreme Court won't take up MyPillow head's defamation case
S&P 500   3,678.43
DOW   29,490.89
QQQ   273.53
Being a Human Magnet Is Key to Your Company's Success. Here's What That Means.
Sell every Stock except ONE (Ad)
Near-Term Headwinds Send Nike To The Bargain Basement 
Sweden sends special diving vessel to area of pipeline leaks
Sell every Stock except ONE (Ad)
Russia's lower house of parliament endorses treaties for 4 regions of Ukraine to join Russia
Fraud, scam cases increasing on Zelle, Senate report finds
Sell every Stock except ONE (Ad)
UK scraps tax cut for wealthy that sparked market turmoil
Supreme Court won't take up MyPillow head's defamation case
S&P 500   3,678.43
DOW   29,490.89
QQQ   273.53
Being a Human Magnet Is Key to Your Company's Success. Here's What That Means.
Sell every Stock except ONE (Ad)
Near-Term Headwinds Send Nike To The Bargain Basement 
Sweden sends special diving vessel to area of pipeline leaks
Sell every Stock except ONE (Ad)
Russia's lower house of parliament endorses treaties for 4 regions of Ukraine to join Russia
Fraud, scam cases increasing on Zelle, Senate report finds
Sell every Stock except ONE (Ad)
UK scraps tax cut for wealthy that sparked market turmoil
Supreme Court won't take up MyPillow head's defamation case
NASDAQ:CNXN

PC Connection - CNXN Stock Forecast, Price & News

$46.21
+1.12 (+2.48%)
(As of 10/3/2022 12:00 AM ET)
Add
Compare
Today's Range
$45.15
$46.30
50-Day Range
$44.62
$52.84
52-Week Range
$40.08
$54.79
Volume
32,147 shs
Average Volume
34,884 shs
Market Capitalization
$1.21 billion
P/E Ratio
13.59
Dividend Yield
N/A
Price Target
$55.00

PC Connection MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
19.0% Upside
$55.00 Price Target
Short Interest
Bearish
9.58% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.63mentions of PC Connection in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$567,801 Sold Last Quarter
Proj. Earnings Growth
3.34%
From $3.29 to $3.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Retail/Wholesale Sector

163rd out of 216 stocks

Catalog & Mail-Order Houses Industry

12th out of 21 stocks

CNXN stock logo

About PC Connection (NASDAQ:CNXN) Stock

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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CNXN Stock News Headlines

PC Connection (NASDAQ:CNXN) Raised to "Strong-Buy" at StockNews.com
Connection (CNXN) Reports Second Quarter 2022 Results
Why PC Connection is a market favourite
Connection Named Veeam Growth Partner of the Year
Should You Buy Sabre Corp. on the Dip?
See More Headlines
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CNXN Company Calendar

Last Earnings
11/04/2021
Today
10/04/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Catalog & mail-order houses
Sub-Industry
Technology Distributors
Current Symbol
NASDAQ:CNXN
CUSIP
69318J10
Employees
2,542
Year Founded
1982

Price Target and Rating

Average Stock Price Forecast
$55.00
High Stock Price Forecast
$55.00
Low Stock Price Forecast
$55.00
Forecasted Upside/Downside
+19.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$69.91 million
Pretax Margin
3.90%

Debt

Sales & Book Value

Annual Sales
$2.89 billion
Cash Flow
$3.21 per share
Book Value
$26.04 per share

Miscellaneous

Free Float
11,166,000
Market Cap
$1.21 billion
Optionable
Optionable
Beta
0.65

Social Links


Key Executives

  • Ms. Patricia  GallupMs. 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













CNXN Stock - Frequently Asked Questions

Should I buy or sell PC Connection stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PC Connection in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CNXN shares.
View CNXN analyst ratings
or view top-rated stocks.

What is PC Connection's stock price forecast for 2022?

1 equities research analysts have issued 1 year target prices for PC Connection's stock. Their CNXN share price forecasts range from $55.00 to $55.00. On average, they predict the company's stock price to reach $55.00 in the next year. This suggests a possible upside of 19.0% from the stock's current price.
View analysts price targets for CNXN
or view top-rated stocks among Wall Street analysts.

How have CNXN shares performed in 2022?

PC Connection's stock was trading at $43.13 on January 1st, 2022. Since then, CNXN shares have increased by 7.1% and is now trading at $46.21.
View the best growth stocks for 2022 here
.

When is PC Connection's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our CNXN earnings forecast
.

How were PC Connection's earnings last quarter?

PC Connection, Inc. (NASDAQ:CNXN) announced its quarterly earnings results on Thursday, November, 4th. The company reported $0.76 earnings per share for the quarter, topping analysts' consensus estimates of $0.71 by $0.05. The firm had revenue of $751.37 million for the quarter, compared to analysts' expectations of $725.17 million. PC Connection had a net margin of 2.83% and a trailing twelve-month return on equity of 12.77%. During the same quarter last year, the business earned $0.64 EPS.

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

PC Connection announced a dividend on Thursday, November 4th. Investors of record on Thursday, November 18th will be given a dividend of $1.00 per share on Friday, December 3rd. The ex-dividend date of this dividend is Wednesday, November 17th. This is a positive change from the stock's previous dividend of $0.32.
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."

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 $46.21.

How much money does PC Connection make?

PC Connection (NASDAQ:CNXN) has a market capitalization of $1.21 billion and generates $2.89 billion in revenue each year. The company earns $69.91 million in net income (profit) each year or $3.40 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: GlobalServe, GlobalServe Inc., GovConnection, GovConnection Inc., MoreDirect Inc., MoreDirect.com, 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 10/4/2022 by MarketBeat.com Staff

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