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DOW   39,807.37
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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:CNXN

PC Connection (CNXN) Stock Price, News & Analysis

$65.93
+0.19 (+0.29%)
(As of 03/28/2024 ET)
Today's Range
$65.26
$66.27
50-Day Range
$63.31
$69.59
52-Week Range
$37.76
$70.55
Volume
83,414 shs
Average Volume
76,466 shs
Market Capitalization
$1.74 billion
P/E Ratio
20.86
Dividend Yield
0.61%
Price Target
N/A

PC Connection MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
2.09% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.34mentions of PC Connection in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.71%
From $3.50 to $3.84 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.29 out of 5 stars

Retail/Wholesale Sector

106th out of 203 stocks

Catalog & Mail-Order Houses Industry

2nd out of 13 stocks

CNXN stock logo

About PC Connection Stock (NASDAQ:CNXN)

PC 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.

CNXN Stock Price History

CNXN Stock News Headlines

Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
PC Connection, Inc.
CNXN Apr 2024 75.000 call
Connection Announces 2024 IT Superhero Awards
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
PC Connection: Dividend Insights
Q4 2023 PC Connection Inc Earnings Call
What Wall Street expects from PC Connection's earnings
3 Tech Stocks Bursting With Opportunities This Week
Connection Achieves Microsoft Azure Expert MSP Renewal
See More Headlines
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Company Calendar

Last Earnings
2/14/2024
Ex-Dividend for 3/15 Dividend
2/26/2024
Dividend Payable
3/15/2024
Today
3/28/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Catalog & mail-order houses
Sub-Industry
Technology Distributors
Current Symbol
NASDAQ:CNXN
CUSIP
69318J10
Employees
2,703
Year Founded
1982

Profitability

Net Income
$83.27 million
Pretax Margin
3.97%

Debt

Sales & Book Value

Annual Sales
$2.85 billion
Cash Flow
$3.72 per share
Book Value
$32.00 per share

Miscellaneous

Free Float
11,362,000
Market Cap
$1.73 billion
Optionable
Optionable
Beta
0.66

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CNXN Stock Analysis - Frequently Asked Questions

How have CNXN shares performed in 2024?

PC Connection's stock was trading at $67.21 at the beginning of the year. Since then, CNXN shares have decreased by 2.2% and is now trading at $65.75.
View the best growth stocks for 2024 here
.

When is PC Connection's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CNXN earnings forecast
.

How were PC Connection's earnings last quarter?

PC Connection, Inc. (NASDAQ:CNXN) issued its earnings results on Wednesday, February, 14th. The company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.02. The company earned $696.47 million during the quarter, compared to the consensus estimate of $673.51 million. PC Connection had a trailing twelve-month return on equity of 10.55% and a net margin of 2.92%.

How often does PC Connection pay dividends? What is the dividend yield for PC Connection?

PC Connection declared a quarterly dividend on Wednesday, February 14th. Stockholders of record on Tuesday, February 27th will be given a dividend of $0.10 per share on Friday, March 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.61%. The ex-dividend date of this dividend is Monday, February 26th. This is an increase from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for CNXN
.

Is PC Connection a good dividend stock?

PC Connection (NASDAQ:CNXN) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.62%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 12.66%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CNXN will have a dividend payout ratio of 10.42% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CNXN.

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).

Who are PC Connection's major shareholders?

PC Connection's stock is owned by a variety of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.25%), Mawer Investment Management Ltd. (4.53%), Vanguard Group Inc. (3.91%), Vanguard Group Inc. (3.91%), Pacer Advisors Inc. (2.56%) and Northern Trust Corp (1.42%). Insiders that own company stock include Barbara Duckett, Jack L Ferguson, Negrini David Beffa, Patricia Gallup, Thomas C Baker 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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
This page (NASDAQ:CNXN) was last updated on 3/28/2024 by MarketBeat.com Staff

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