Positive News SentimentPositive NewsNASDAQ:CNXN PC Connection (CNXN) Stock Forecast, Price & News $46.25 +1.79 (+4.03%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$44.67▼$46.3650-Day Range$38.59▼$46.2552-Week Range$37.76▼$56.68Volume56,058 shsAverage Volume72,073 shsMarket Capitalization$1.22 billionP/E Ratio14.97Dividend Yield0.69%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media PC Connection MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish2.17% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.84Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth16.44%From $2.92 to $3.40 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.70 out of 5 starsRetail/Wholesale Sector34th out of 208 stocksCatalog & Mail-Order Houses Industry2nd out of 21 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for PC Connection. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.17% of the float of PC Connection has been sold short.Short Interest Ratio / Days to CoverPC Connection has a short interest ratio ("days to cover") of 4.1.Change versus previous monthShort interest in PC Connection has recently increased by 3.32%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldPC Connection has a dividend yield of 0.69%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthPC Connection does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PC Connection is 10.36%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PC Connection will have a dividend payout ratio of 9.41% next year. This indicates that PC Connection will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNXN. Previous Next 3.8 News and Social Media Coverage News SentimentPC Connection has a news sentiment score of 1.84. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 2 news articles for PC Connection this week, compared to 2 articles on an average week.Search Interest1 people have searched for CNXN on MarketBeat in the last 30 days. MarketBeat Follows1 people have added PC Connection to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PC Connection insiders have not sold or bought any company stock.Percentage Held by Insiders56.90% of the stock of PC Connection is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions42.51% of the stock of PC Connection is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for PC Connection are expected to grow by 16.44% in the coming year, from $2.92 to $3.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PC Connection is 14.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.81.Price to Earnings Ratio vs. SectorThe P/E ratio of PC Connection is 14.97, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 31.77.Price to Book Value per Share RatioPC Connection has a P/B Ratio of 1.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PC Connection (NASDAQ:CNXN) StockPC 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.Read More 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. Email Address CNXN Stock News HeadlinesJune 1, 2023 | finance.yahoo.comConnection Announces Third Annual IT Superhero AwardsMay 26, 2023 | finance.yahoo.comIs PC Connection, Inc.'s (NASDAQ:CNXN) Recent Stock Performance Tethered To Its Strong Fundamentals?June 4, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 26, 2023 | americanbankingnews.comMeiwu Technology (NYSE:WNW) and PC Connection (NASDAQ:CNXN) Financial SurveyMay 18, 2023 | americanbankingnews.comStockNews.com Begins Coverage on PC Connection (NASDAQ:CNXN)May 15, 2023 | msn.comLooking Into PC Connection's Return On Capital EmployedMay 15, 2023 | americanbankingnews.comAnalyzing Boxed (NYSE:BOXDQ) and PC Connection (NASDAQ:CNXN)May 10, 2023 | finance.yahoo.comConnection Honored at HP Partner ConferenceJune 4, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 10, 2023 | msn.comFriday Is Your Last Chance To Buy PC Connection Before The Dividend PayoutMay 9, 2023 | finance.yahoo.comPC Connection, Inc. (NASDAQ:CNXN) Q1 2023 Earnings Call TranscriptMay 6, 2023 | msn.comPC Connection (CNXN) Declares $0.08 DividendMay 4, 2023 | msn.comRecap: PC Connection Q1 EarningsMay 4, 2023 | finance.yahoo.comConnection (CNXN) Reports First Quarter 2023 ResultsApril 27, 2023 | technews.tmcnet.comConnection Named to Newsweek's Most Trustworthy Companies in America 2023 ListApril 27, 2023 | finance.yahoo.comConnection Named to Newsweek’s Most Trustworthy Companies in America 2023 ListApril 26, 2023 | finance.yahoo.comIs PC Connection, Inc. (NASDAQ:CNXN) Trading At A 40% Discount?April 21, 2023 | msn.comW. R. Berkley, Autoliv, Glacier Bancorp And Other Big Stocks Moving Lower On FridayApril 21, 2023 | americanbankingnews.comPC Connection (NASDAQ:CNXN) Sees Strong Trading VolumeApril 20, 2023 | finance.yahoo.comPC Connection, Inc. (CNXN) to Release First Quarter Results for 2023 and Provides Selected Preliminary Financial ResultsMarch 30, 2023 | seekingalpha.comPC Connection: Will Likely Weather The Storm Just FineMarch 23, 2023 | finance.yahoo.comPC Connection, Inc. (NASDAQ:CNXN) is definitely on the radar of institutional investors who own 43% of the companyMarch 16, 2023 | finance.yahoo.com13 Best Depressed Stocks To Buy NowFebruary 20, 2023 | finance.yahoo.comThose who invested in PC Connection (NASDAQ:CNXN) five years ago are up 78%February 13, 2023 | insidermonkey.comPC Connection, Inc. (NASDAQ:CNXN) Q4 2022 Earnings Call TranscriptFebruary 9, 2023 | finance.yahoo.comPC Connection (CNXN) Lags Q4 Earnings and Revenue EstimatesFebruary 9, 2023 | msn.comPC Connection GAAP EPS of $0.71 misses by $0.02, revenue of $732.5M misses by $18.62MSee More Headlines CNXN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNXN Company Calendar Last Earnings11/04/2021Ex-Dividend for 3/10 Dividend2/17/2023Dividend Payable3/10/2023Ex-Dividend for 6/2 Dividend5/15/2023Dividend Payable6/02/2023Today6/04/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Catalog & mail - order houses Sub-IndustryTechnology Distributors SectorRetail/Wholesale Current SymbolNASDAQ:CNXN CUSIP69318J10 CIK1050377 Webwww.connection.com Phone603-683-2000Fax603-683-5797Employees2,685Year Founded1982Profitability EPS (Most Recent Fiscal Year)$3.09 Trailing P/E Ratio14.97 Forward P/E Ratio15.84 P/E GrowthN/ANet Income$89.22 million Net Margins2.66% Pretax Margin3.62% Return on Equity10.86% Return on Assets7.35% Debt Debt-to-Equity RatioN/A Current Ratio3.06 Quick Ratio2.43 Sales & Book Value Annual Sales$3.06 billion Price / Sales0.40 Cash Flow$4.00 per share Price / Cash Flow11.55 Book Value$29.55 per share Price / Book1.57Miscellaneous Outstanding Shares26,278,000Free Float11,326,000Market Cap$1.22 billion OptionableOptionable Beta0.76 Social Links Key ExecutivesMs. 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 Key CompetitorsInsight EnterprisesNASDAQ:NSITRevolve GroupNYSE:RVLVOverstock.comNASDAQ:OSTKDingdong (Cayman)NYSE:DDLStitch FixNASDAQ:SFIXView All CompetitorsInsiders & InstitutionsCapital Impact Advisors LLCSold 2,533 shares on 5/23/2023Ownership: 0.025%Ameriprise Financial Inc.Bought 3,077 shares on 5/22/2023Ownership: 0.204%New York State Common Retirement FundBought 5,600 shares on 5/18/2023Ownership: 0.169%JPMorgan Chase & Co.Bought 6,760 shares on 5/18/2023Ownership: 0.086%Thrivent Financial for LutheransSold 393 shares on 5/17/2023Ownership: 0.043%View All Insider TransactionsView All Institutional Transactions CNXN Stock - Frequently Asked Questions How have CNXN shares performed in 2023? PC Connection's stock was trading at $46.90 at the start of the year. Since then, CNXN stock has decreased by 1.4% and is now trading at $46.25. View the best growth stocks for 2023 here. When is PC Connection's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our CNXN earnings forecast. How were PC Connection's earnings last quarter? PC Connection, Inc. (NASDAQ:CNXN) issued its quarterly earnings results on Thursday, November, 4th. The company reported $0.76 EPS for the quarter, beating the consensus estimate of $0.71 by $0.05. The firm earned $751.37 million during the quarter, compared to the consensus estimate of $725.17 million. PC Connection had a net margin of 2.66% and a trailing twelve-month return on equity of 10.86%. During the same period in the prior year, the firm posted $0.64 EPS. How often does PC Connection pay dividends? What is the dividend yield for PC Connection? PC Connection declared a quarterly dividend on Thursday, May 4th. Investors of record on Tuesday, May 16th will be given a dividend of $0.08 per share on Friday, June 2nd. This represents a $0.32 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend is Monday, May 15th. Read our dividend analysis for CNXN. What ETFs hold PC Connection's stock? ETFs with the largest weight of PC Connection (NASDAQ:CNXN) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap Information Technology ETF (PSCT), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap 600 Revenue ETF (RWJ), Timothy Plan US Small Cap Core ETF (TPSC), First Trust Active Factor Small Cap ETF (AFSM) and VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF). Is PC Connection a good dividend stock? PC Connection (NASDAQ:CNXN) pays an annual dividend of $0.32 per share and currently has a dividend yield of 0.71%. The dividend payout ratio is 10.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNXN will have a dividend payout ratio of 9.41% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CNXN. What guidance has PC Connection issued on next quarter's earnings? PC Connection updated its first quarter earnings guidance on Thursday, April, 20th. The company provided earnings per share (EPS) guidance of $0.53-0.55 for the period, compared to the consensus EPS estimate of $0.66. The company issued revenue guidance of $717.39-733.16, compared to the consensus revenue estimate of $731.99 million. 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 many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.59%), Dimensional Fund Advisors LP (7.15%), Mawer Investment Management Ltd. (6.12%), State Street Corp (1.68%), Geode Capital Management LLC (0.93%) and Charles Schwab Investment Management Inc. (0.85%). Insiders that own company stock include Barbara Duckett, Jack L Ferguson, Negrini David Beffa, Patricia Gallup and Timothy J Mcgrath. 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 $46.25. How much money does PC Connection make? PC Connection (NASDAQ:CNXN) has a market capitalization of $1.22 billion and generates $3.06 billion in revenue each year. The company earns $89.22 million in net income (profit) each year or $3.09 on an earnings per share basis. How many employees does PC Connection have? The company employs 2,685 workers across the globe. Does PC Connection have any subsidiaries? The following companies are subsidiares of PC Connection: ComTeq, GlobalServe, GlobalServe Inc., GovConnection, GovConnection Inc., Merisel Americas Inc., MoreDirect, MoreDirect Inc., 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 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding PC Connection, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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