PC Connection - CNXN Stock Forecast, Price & News

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.

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.

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.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
View our CNXN earnings forecast.

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.

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.

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.

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).

PC Connection trades on the NASDAQ under the ticker symbol "CNXN."

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.
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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.
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One share of CNXN stock can currently be purchased for approximately $54.75.

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.

The company employs 2,542 workers across the globe.

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.