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

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

PC Connection declared a dividend on Tuesday, December 17th. Investors of record on Friday, December 27th will be given a dividend of $0.32 per share on Friday, January 10th. The ex-dividend date is Thursday, December 26th. View PC Connection's Dividend History.

PC Connection, Inc. (NASDAQ:CNXN) released its earnings results on Wednesday, October, 30th. The company reported $0.90 EPS for the quarter, topping analysts' consensus estimates of $0.57 by $0.33. The firm had revenue of $729.41 million for the quarter, compared to analyst estimates of $688.20 million. PC Connection had a return on equity of 14.68% and a net margin of 2.90%. PC Connection's revenue was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.51 EPS. View PC Connection's Earnings History.

PC Connection is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for PC Connection.

1 equities research analysts have issued 1-year price objectives for PC Connection's shares. Their forecasts range from $47.00 to $47.00. On average, they expect PC Connection's stock price to reach $47.00 in the next year. This suggests that the stock has a possible downside of 11.2%. View Analyst Price Targets for PC Connection.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PC Connection in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PC Connection.

Media headlines about CNXN stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. PC Connection earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for PC Connection.

PC Connection saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 403,600 shares, an increase of 5.4% from the December 15th total of 383,100 shares. Based on an average trading volume of 148,800 shares, the days-to-cover ratio is presently 2.7 days. Approximately 3.6% of the shares of the company are sold short. View PC Connection's Current Options Chain.

Some companies that are related to PC Connection include SYNNEX (SNX), Arrow Electronics (ARW), Tech Data (TECD), Avnet (AVT), Anixter International (AXE), Insight Enterprises (NSIT), ScanSource (SCSC), Agilysys (AGYS) and Richardson Electronics (RELL).

Based on aggregate information from My MarketBeat watchlists, some companies that other PC Connection investors own include AT&T (T), Verizon Communications (VZ), Cisco Systems (CSCO), CBL & Associates Properties (CBL), Altria Group (MO), Pfizer (PFE), Alphabet (GOOG), NVIDIA (NVDA), Bristol-Myers Squibb (BMY) and NextEra Energy (NEE).

PC Connection's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Tributary Capital Management LLC (1.40%), Fenimore Asset Management Inc. (0.71%), Nisa Investment Advisors LLC (0.09%), First National Bank of Omaha (0.09%), BW Gestao de Investimentos Ltda. (0.02%) and Zurcher Kantonalbank Zurich Cantonalbank (0.00%). 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.

CNXN stock was sold by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc. and Tributary Capital Management LLC. Company insiders that have sold PC Connection company stock in the last year include Jack L Ferguson, Negrini David Beffa and Timothy J Mcgrath. View Insider Buying and Selling for PC Connection.

CNXN stock was bought by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC, BW Gestao de Investimentos Ltda., First National Bank of Omaha and Zurcher Kantonalbank Zurich Cantonalbank . View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of CNXN stock can currently be purchased for approximately $52.92.

PC Connection has a market capitalization of $1.39 billion 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.View Additional Information About PC Connection.

The official website for PC Connection is http://www.pcconnection.com/.

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]