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

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

PC Connection is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for PC Connection.

PC Connection will be holding an earnings conference call on Tuesday, February 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

1 brokerages have issued twelve-month price targets for PC Connection's shares. Their forecasts range from $47.00 to $47.00. On average, they expect PC Connection's share price to reach $47.00 in the next twelve months. This suggests that the stock has a possible downside of 9.4%. 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 stories about CNXN stock have been trending very negative on Tuesday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. PC Connection earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for PC Connection.

PC Connection saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 403,600 shares, an increase of 5.4% from the December 31st total of 383,100 shares. Based on an average trading volume of 153,300 shares, the short-interest ratio is currently 2.6 days. Currently, 3.6% of the company's shares are short sold. 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 Verizon Communications (VZ), AT&T (T), Cisco Systems (CSCO), NVIDIA (NVDA), Pfizer (PFE), Alphabet (GOOG), Bristol-Myers Squibb (BMY), Consolidated Edison (ED), Enterprise Products Partners (EPD) and IBM (IBM).

PC Connection's stock is owned by a number of of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (1.40%), Fenimore Asset Management Inc. (0.71%), California Public Employees Retirement System (0.20%), Virginia Retirement Systems ET AL (0.12%), James Investment Research Inc. (0.12%) and Nisa Investment Advisors LLC (0.09%). 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., Tributary Capital Management LLC, James Investment Research Inc. and Strs Ohio. 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, Virginia Retirement Systems ET AL, BW Gestao de Investimentos Ltda., California Public Employees Retirement System, New York State Teachers Retirement System, 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 $51.86.

PC Connection has a market capitalization of $1.36 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]