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 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) announced its quarterly earnings results on Tuesday, February, 4th. The company reported $0.83 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.80 by $0.03. The business earned $716.63 million during the quarter, compared to the consensus estimate of $734.16 million. PC Connection had a net margin of 2.91% and a return on equity of 14.51%. The firm's revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.76 earnings per share. View PC Connection's Earnings History.

PC Connection is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for PC Connection.

1 brokerages have issued 1 year price targets 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 twelve months. This suggests a possible upside of 6.7% from the stock's current price. 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.

News articles about CNXN stock have been trending extremely negative on Thursday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. PC Connection earned a news sentiment score of -4.3 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for PC Connection.

PC Connection saw a increase in short interest in January. As of January 31st, there was short interest totalling 902,000 shares, an increase of 123.5% from the January 15th total of 403,600 shares. Based on an average daily volume of 164,700 shares, the days-to-cover ratio is currently 5.5 days. Currently, 8.1% 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), Agilysys (AGYS), ScanSource (SCSC) 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), Enterprise Products Partners (EPD), Bristol-Myers Squibb (BMY), Consolidated Edison (ED) and IBM (IBM).

PC Connection's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Royce & Associates LP (2.66%), Tributary Capital Management LLC (1.40%), State Street Corp (0.92%), AQR Capital Management LLC (0.88%), Fenimore Asset Management Inc. (0.71%) and Charles Schwab Investment Management Inc. (0.67%). 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 Royce & Associates LP, Pacific Ridge Capital Partners LLC, UBS Group AG, Goldman Sachs Group Inc., Hotchkis & Wiley Capital Management LLC, Alliancebernstein L.P., Russell Investments Group Ltd. and LSV Asset Management. Company insiders that have sold PC Connection company stock in the last year include Negrini David Beffa and Timothy J Mcgrath. View Insider Buying and Selling for PC Connection.

CNXN stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Algert Global LLC, Charles Schwab Investment Management Inc., Oxford Asset Management LLP, Acadian Asset Management LLC, Nisa Investment Advisors LLC, State Street Corp and Panagora Asset Management Inc.. 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 $44.05.

PC Connection has a market capitalization of $1.16 billion and generates $2.82 billion in revenue each year. The company earns $82.11 million in net income (profit) each year or $3.12 on an earnings per share basis. PC Connection employs 2,609 workers across the globe.View Additional Information About PC Connection.

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

PC Connection's mailing address is 730 MILFORD RD, MERRIMACK NH, 03054. The company can be reached via phone at 603-683-2000 or via email at [email protected]