PC Connection (CNXN) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $68.85 to $71.38
• 50-Day Range: $63.65 to $75.45
• 52-Week Range: $57.47 to $77.19
• Volume: 283,969 shs
• Average Volume: 80,387 shs
• Market Capitalization: $1.81 billion
• P/E Ratio: 20.23
• Dividend Yield: 0.58%
• Price Target: N/A
• Consensus Rating: N/A

PC Connection Stock Analysis - MarketRank™

PC Connection scored higher than 66% of companies evaluated by MarketBeat, and ranked 124th out of 219 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for PC Connection.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 8.58%

Earnings Growth

Earnings for PC Connection are expected to grow by 8.58% in the coming year, from $3.38 to $3.67 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PC Connection is 20.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.04.

Price to Earnings Ratio vs. Sector

The P/E ratio of PC Connection is 20.23, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 108.79.

Price to Earnings Growth Ratio

PC Connection has a PEG Ratio of 2.14. 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 2.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.65% 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 2.4, 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 2.06%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

PC Connection has a dividend yield of 0.54%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

PC Connection does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of PC Connection is 11.73%. 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 10.90% next year. This indicates that PC Connection will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.65% 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 2.4, 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 2.06%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.29

News Sentiment

PC Connection has a news sentiment score of 0.29. 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 lower news sentiment than the 0.70 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for PC Connection this week, compared to 3 articles on an average week.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, PC Connection insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $350,000.00 in company stock.

Percentage Held by Insiders

56.90% 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.

CNXN Stock Analysis - Frequently Asked Questions

How have CNXN shares performed this year?

PC Connection's stock was trading at $67.21 at the beginning of the year. Since then, CNXN shares have increased by 2.7% and is now trading at $69.00.
View the best growth stocks for 2024 here.

How were PC Connection's earnings last quarter?

PC Connection, Inc. (NASDAQ:CNXN) posted its quarterly earnings results on Wednesday, May, 1st. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.64 by $0.14. The company earned $632.03 million during the quarter, compared to the consensus estimate of $694.19 million. PC Connection had a trailing twelve-month return on equity of 10.30% and a net margin of 3.23%.

Does PC Connection have any subsidiaries?

PC Connection subsidiaries include GlobalServe, Softmart, ValCom Technology, MoreDirect, Outpost.com, Merisel Americas Inc., GovConnection, and others.

Who are PC Connection's major shareholders?

PC Connection's top institutional investors include Pacer Advisors Inc. (2.76%), State Street Corp (1.89%), Geode Capital Management LLC (1.32%) and Charles Schwab Investment Management Inc. (0.93%). Insiders that own company stock include Timothy J Mcgrath, Patricia Gallup, Jack L Ferguson, Negrini David Beffa, Thomas C Baker and Barbara Duckett.
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.

What other stocks do shareholders of PC Connection own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PC Connection investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 5/01/2024
• Ex-Dividend for 11/29 Dividend: 11/12/2024
• Dividend Payable: 11/29/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

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): $3.41
• Trailing P/E Ratio: 20.23
• Forward P/E Ratio: 20.41
• P/E Growth: 2.14
• Net Income: $83.27 million
• Net Margins: 3.23%
• Pretax Margin: 4.38%
• Return on Equity: 10.30%
• Return on Assets: 7.25%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.13
• Quick Ratio: 2.82

Sales & Book Value

• Annual Sales: $2.79 billion
• Price / Sales: 0.65
• Cash Flow: $3.50 per share
• Price / Cash Flow: 19.71
• Book Value: $32.00 per share
• Price / Book: 2.16

Miscellaneous

• Outstanding Shares: 26,289,000
• Free Float: 11,331,000
• Market Cap: $1.81 billion
• Optionable: Optionable
• Beta: 0.66