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 of this dividend is Thursday, December 26th. View PC Connection's Dividend History.

PC Connection, Inc. (NASDAQ:CNXN) posted its quarterly earnings data on Tuesday, February, 4th. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.80 by $0.03. The company earned $716.63 million during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period last year, the company 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 equities research analysts have issued twelve-month target prices for PC Connection's stock. Their forecasts range from $47.00 to $47.00. On average, they anticipate PC Connection's stock price to reach $47.00 in the next twelve months. This suggests a possible upside of 12.0% 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.

Media coverage about CNXN stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog 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 impact score of 2.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for PC Connection.

PC Connection saw a decrease in short interest in the month of February. As of February 14th, there was short interest totalling 685,200 shares, a decrease of 24.0% from the January 30th total of 902,000 shares. Based on an average daily volume of 186,900 shares, the short-interest ratio is presently 3.7 days. Currently, 6.2% 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 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 number 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%), Geode Capital Management LLC (0.90%), AQR Capital Management LLC (0.88%) and Fenimore Asset Management Inc. (0.71%). 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 purchased by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Geode Capital Management LLC, Algert Global LLC, Charles Schwab Investment Management Inc., Oxford Asset Management LLP, Acadian Asset Management LLC, Nisa Investment Advisors LLC and State Street Corp. 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 $41.97.

PC Connection has a market capitalization of $1.11 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]