S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Improve Mental Health Next Year by Breaking 17 Financial Rules
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Can ZIM Defy Broad Downturn In The Container Shipping Industry?
China fines former NBA star Lin over quarantine comments
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Improve Mental Health Next Year by Breaking 17 Financial Rules
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Can ZIM Defy Broad Downturn In The Container Shipping Industry?
China fines former NBA star Lin over quarantine comments
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Improve Mental Health Next Year by Breaking 17 Financial Rules
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Can ZIM Defy Broad Downturn In The Container Shipping Industry?
China fines former NBA star Lin over quarantine comments
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Improve Mental Health Next Year by Breaking 17 Financial Rules
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Can ZIM Defy Broad Downturn In The Container Shipping Industry?
China fines former NBA star Lin over quarantine comments
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Okta Inc Celebrates Earnings Beat But Can They Sustain the Boost?
NASDAQ:CNXN

PC Connection - CNXN Stock Forecast, Price & News

$54.75
-0.83 (-1.49%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$52.55
$55.44
50-Day Range
$44.62
$55.77
52-Week Range
$40.08
$56.68
Volume
37,871 shs
Average Volume
44,390 shs
Market Capitalization
$1.44 billion
P/E Ratio
15.55
Dividend Yield
N/A
Price Target
$55.00

PC Connection MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
0.5% Upside
$55.00 Price Target
Short Interest
Bearish
7.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.23mentions of PC Connection in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$613,266 Sold Last Quarter
Proj. Earnings Growth
2.92%
From $3.42 to $3.52 Per Share

Overall MarketRank

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

1.66 out of 5 stars

Retail/Wholesale Sector

186th out of 217 stocks

Catalog & Mail - Order Houses Industry

27th out of 31 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.

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.

CNXN Stock News Headlines

PC Connection (NASDAQ:CNXN) Sees Unusually-High Trading Volume
Connection Announces Winners of 2022 IT Superhero Awards
Connection (CNXN) Reports Third Quarter 2022 Results
PC Connection (CNXN) Beats Q3 Earnings Estimates
PC Connection, Inc. (CNXN)
CNXN PC Connection, Inc.
See More Headlines
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.

CNXN Company Calendar

Last Earnings
11/04/2021
Today
12/02/2022
Ex-Dividend for 12/23 Dividend
12/02/2022
Dividend Payable
12/23/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/06/2023

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
+0.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$69.91 million
Pretax Margin
4.02%

Debt

Sales & Book Value

Annual Sales
$2.89 billion
Cash Flow
$3.09 per share
Book Value
$28.76 per share

Miscellaneous

Free Float
11,172,000
Market Cap
$1.44 billion
Optionable
Optionable
Beta
0.70

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 twelve months. 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 2023?

1 brokerages have issued 12-month price objectives for PC Connection's shares. Their CNXN share price forecasts range from $55.00 to $55.00. On average, they anticipate the company's stock price to reach $55.00 in the next twelve months. This suggests a possible upside of 0.5% 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 at the beginning of 2022. Since then, CNXN stock has increased by 26.9% and is now trading at $54.75.
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 Monday, February 6th 2023.
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, beating the consensus estimate of $0.71 by $0.05. The business earned $751.37 million during the quarter, compared to the consensus estimate 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 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, 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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.22%), Dimensional Fund Advisors LP (6.95%), Vanguard Group Inc. (3.31%), State Street Corp (1.59%), Brown Advisory Inc. (0.64%) and Bank of New York Mellon Corp (0.56%). Insiders that own company stock include Barbara Duckett, Jack L Ferguson, Negrini David Beffa and Patricia Gallup.
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 $54.75.

How much money does PC Connection make?

PC Connection (NASDAQ:CNXN) has a market capitalization of $1.44 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: 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 12/3/2022 by MarketBeat.com Staff