How have CNXN shares performed in 2024?

PC Connection's stock was trading at $67.21 at the start of the year. Since then, CNXN stock has decreased by 6.8% and is now trading at $62.64. 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) announced its earnings results on Wednesday, February, 14th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.02. The business earned $696.47 million during the quarter, compared to analysts' expectations of $673.51 million. PC Connection had a net margin of 2.92% and a trailing twelve-month return on equity of 10.55%.

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

PC Connection announced a quarterly dividend on Wednesday, February 14th. Shareholders 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 annualized dividend and a yield of 0.64%. The ex-dividend date is Monday, February 26th. This is a positive change 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 0.63%. 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 ETF holds PC Connection's stock?

Small Cap US Equity Select ETF holds 6,801 shares of CNXN stock, representing 1.16% of its portfolio.

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) .

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

Positive News SentimentPositive News

NASDAQ:CNXN

PC Connection (CNXN) Stock Price, News & Analysis

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Free CNXN Stock Alerts

$62.64

-0.92 (-1.45%)

(As of 04/15/2024 ET)

Compare

Today's Range: $62.41
▼
$64.09
50-Day Range: $62.64
▼
$69.59
52-Week Range: $37.76
▼
$70.55

Volume: 34,454 shs
Average Volume: 72,660 shs
Market Capitalization: $1.65 billion

P/E Ratio: 19.82
Dividend Yield: 0.64%
Price Target: N/A

Get PC Connection alerts:

PC Connection MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.14% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
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.

3.06 out of 5 stars

Retail/Wholesale Sector

100th out of 201 stocks

Catalog & Mail - Order Houses Industry

8th out of 26 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for PC Connection.

3.0

Short Interest

Percentage of Shares Shorted
2.14% of the float of PC Connection has been sold short.
Short Interest Ratio / Days to Cover
PC Connection has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PC Connection has recently increased by 2.30%, indicating that investor sentiment is decreasing.

1.7

Dividend Strength

Dividend Yield
PC Connection has a dividend yield of 0.63%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
PC Connection has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of PC Connection is 12.66%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, PC Connection will have a dividend payout ratio of 10.42% next year. This indicates that PC Connection will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CNXN.

2.7

News and Social Media Coverage

News Sentiment
PC Connection has a news sentiment score of 1.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 1 news article for PC Connection this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added PC Connection to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PC Connection insiders have not sold or bought any company stock.
Percentage Held by Insiders
56.50% of the stock of PC Connection is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
42.85% of the stock of PC Connection is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for PC Connection are expected to grow by 9.71% in the coming year, from $3.50 to $3.84 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PC Connection is 19.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.24.
Price to Earnings Ratio vs. Sector
The P/E ratio of PC Connection is 19.82, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 25.19.
Price to Earnings Growth Ratio
PC Connection has a PEG Ratio of 1.82. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
PC Connection has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

CNXN Stock News Headlines

April 8, 2024 | stocknews.com

Top 4 Tech Stocks Poised for Explosive Returns in April

April 6, 2024 | americanbankingnews.com

PC Connection (NASDAQ:CNXN) Rating Increased to Strong-Buy at StockNews.com

April 16, 2024 | InvestorPlace (Ad)

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A little-known investment analyst whose performance beat out 15,000+ other experts in 2020 has identified an opportunity in the A.I. space. He's calling it A.I.'s perfect storm.

March 29, 2024 | finance.yahoo.com

PC Connection, Inc.'s (NASDAQ:CNXN) Intrinsic Value Is Potentially 24% Below Its Share Price

March 28, 2024 | msn.com

Intel Unison: Everything you need to know interconnectivity platform

March 19, 2024 | money.usnews.com

PC Connection, Inc.

March 16, 2024 | finance.yahoo.com

CNXN Apr 2024 75.000 call

March 14, 2024 | finance.yahoo.com

Connection Announces 2024 IT Superhero Awards

April 16, 2024 | InvestorPlace (Ad)

A.I. “Perfect Storm” Could Send THESE Stocks Sky High

A little-known investment analyst whose performance beat out 15,000+ other experts in 2020 has identified an opportunity in the A.I. space. He's calling it A.I.'s perfect storm.

March 12, 2024 | finance.yahoo.com

Connection Honored with HP Inc. Partner of the Year Award

March 6, 2024 | stockhouse.com

Connection Awarded on the Forbes America's Best Employers 2024 List

March 6, 2024 | finance.yahoo.com

Connection Awarded on the Forbes America’s Best Employers 2024 List

February 24, 2024 | msn.com

PC Connection (CNXN) Price Target Increased by 6.06% to 71.40

February 21, 2024 | benzinga.com

PC Connection: Dividend Insights

February 17, 2024 | finance.yahoo.com

PC Connection, Inc. (NASDAQ:CNXN) Released Earnings Last Week And Analysts Lifted Their Price Target To US$70.00

February 16, 2024 | finance.yahoo.com

PC Connection Inc (CNXN) Reports Mixed 2023 Financial Results; Dividend Increased by 25%

February 15, 2024 | finance.yahoo.com

Q4 2023 PC Connection Inc Earnings Call

February 15, 2024 | finance.yahoo.com

PC Connection, Inc. (NASDAQ:CNXN) Q4 2023 Earnings Call Transcript

February 14, 2024 | msn.com

PC Connection raises quarterly dividend by 25% to $0.10/share

February 14, 2024 | finance.yahoo.com

Connection (CNXN) Reports Fourth Quarter and Full Year 2023 Results

February 14, 2024 | businesswire.com

Connection (CNXN) Reports Fourth Quarter and Full Year 2023 Results

February 14, 2024 | msn.com

Stock Index Futures Move Higher After U.S. Inflation Jolt

February 13, 2024 | markets.businessinsider.com

What Wall Street expects from PC Connection's earnings

February 2, 2024 | stocknews.com

3 Tech Stocks Bursting With Opportunities This Week

January 31, 2024 | finance.yahoo.com

PC Connection, Inc. (CNXN) to Release Fourth Quarter and Full Year Results for 2023

January 6, 2024 | finance.yahoo.com

The total return for PC Connection (NASDAQ:CNXN) investors has risen faster than earnings growth over the last five years

December 15, 2023 | finance.yahoo.com

Insider Sell: Sr. VP, CFO & Treasurer Thomas Baker Sells 5,000 Shares of PC Connection Inc ...

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: 4/16/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Catalog & mail - order houses
Sub-Industry: Technology Distributors
Current Symbol: NASDAQ:CNXN
CUSIP: 69318J10
CIK: 1050377
Web: www.connection.com
Phone: 603-683-2000
Fax: 603-683-5797
Employees: 2,703
Year Founded: 1982

Profitability

EPS (Most Recent Fiscal Year): $3.16
Trailing P/E Ratio: 19.82
Forward P/E Ratio: 17.90
P/E Growth: 1.82
Net Income: $83.27 million
Net Margins: 2.92%
Pretax Margin: 3.97%
Return on Equity: 10.55%
Return on Assets: 7.33%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.20
Quick Ratio: 2.82

Sales & Book Value

Annual Sales: $2.85 billion
Price / Sales: 0.58
Cash Flow: $3.61 per share
Price / Cash Flow: 17.33
Book Value: $32.00 per share
Price / Book: 1.96

Miscellaneous

Outstanding Shares: 26,360,000
Free Float: 11,468,000
Market Cap: $1.65 billion
Optionable: Optionable
Beta: 0.66

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Key Executives

Ms. Patricia Gallup (Age 64)
Co-Founder, Chairman, Chief Admin. Officer & Sec.
Mr. Timothy J. McGrath (Age 59)
Pres & CEO
Mr. Stephen P. Sarno (Age 51)
Sr. VP, CFO & Treasurer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CNXN Stock Analysis - Frequently Asked Questions

How have CNXN shares performed in 2024?: PC Connection's stock was trading at $67.21 at the start of the year. Since then, CNXN stock has decreased by 6.8% and is now trading at $62.64.
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) announced its earnings results on Wednesday, February, 14th. The company reported $0.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.02. The business earned $696.47 million during the quarter, compared to analysts' expectations of $673.51 million. PC Connection had a net margin of 2.92% and a trailing twelve-month return on equity of 10.55%.
How often does PC Connection pay dividends? What is the dividend yield for PC Connection?: PC Connection announced a quarterly dividend on Wednesday, February 14th. Shareholders 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 annualized dividend and a yield of 0.64%. The ex-dividend date is Monday, February 26th. This is a positive change 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 0.63%. 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 ETF holds PC Connection's stock?: Small Cap US Equity Select ETF holds 6,801 shares of CNXN stock, representing 1.16% of its portfolio.

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).
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 4/16/2024 by MarketBeat.com Staff

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