PC Connection, Inc. (CNXN)

NASDAQ: CNXN · IEX Real-Time Price · USD
50.15
-0.11 (-0.22%)
Aug 15, 2022 4:00 PM EDT - Market closed
-0.22%
Market Cap 1.32B
Revenue (ttm) 3.17B
Net Income (ttm) 89.62M
Shares Out 26.27M
EPS (ttm) 3.48
PE Ratio 14.41
Forward PE n/a
Dividend $1.00 (1.99%)
Ex-Dividend Date n/a
Volume 38,555
Open 49.98
Previous Close 50.26
Day's Range 49.80 - 50.61
52-Week Range 40.08 - 54.79
Beta 0.65
Analysts Buy
Price Target 63.24 (+26.1%)
Earnings Date Aug 4, 2022

About CNXN

PC Connection, Inc., together with its subsidiaries, provides various information technology (IT) solutions. The company operates through three segments: Business Solutions, Enterprise Solutions, and Public Sector Solutions. It offers IT products, including computer systems, data center solutions, software and peripheral equipment, networking communications, and other products and accessories, as well as provides services related to design, configuration, and implementation of IT solutions. The company markets its products and services through ... [Read more...]

Industry Electronic Equipment, Instruments & Components
IPO Date Mar 4, 1998
CEO Timothy McGrath
Employees 2,542
Stock Exchange NASDAQ
Ticker Symbol CNXN
Full Company Profile

Financial Performance

In 2021, PC Connection's revenue was $2.89 billion, an increase of 11.67% compared to the previous year's $2.59 billion. Earnings were $69.91 million, an increase of 25.36%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for CNXN stock is "Buy." The 12-month stock price forecast is 63.24, which is an increase of 26.10% from the latest price.

Price Target
$63.24
(26.10% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PC Connection (CNXN) Q2 Earnings and Revenues Surpass Estimates

PC Connection (CNXN) delivered earnings and revenue surprises of 26.32% and 7.32%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Connection (CNXN) Reports Second Quarter 2022 Results

MERRIMACK, N.H.--(BUSINESS WIRE)--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today ann...

Is PC Connection (CNXN) Stock Outpacing Its Retail-Wholesale Peers This Year?

Here is how PC Connection (CNXN) and Kroger (KR) have performed compared to their sector so far this year.

PC Connection, Inc. (CNXN) to Release Second Quarter Results For 2022

MERRIMACK, N.H.--(BUSINESS WIRE)--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will rele...

Is PC Connection (CNXN) Outperforming Other Retail-Wholesale Stocks This Year?

Here is how PC Connection (CNXN) and Potbelly (PBPB) have performed compared to their sector so far this year.

4 Solid Stocks to Buy on Continued Growth in Retail Sales

The retail sector is already doing well and the back-to-school period is likely to further drives sales, helping stocks like Dollar Tree, Inc. (DLTR), PC Connection, Inc. (CNXN), Boot Barn Holdings, Inc...

Other symbols: BOOTDLTRGOOS

Connection and TechCrunch Launch Second Annual IT Superhero Awards

MERRIMACK, N.H.--(BUSINESS WIRE)-- #ITSuperheroAwards--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare, and educat...

Here's Why PC Connection (CNXN) is Poised for a Turnaround After Losing 12.9% in 4 Weeks

The heavy selling pressure might have exhausted for PC Connection (CNXN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analyst...

Connection Named Veeam Growth Partner of the Year

MERRIMACK, N.H.--(BUSINESS WIRE)-- #WeSolveIT--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare, and education mark...

PC Connection (CNXN) Beats Q1 Earnings and Revenue Estimates

PC Connection (CNXN) delivered earnings and revenue surprises of 29.69% and 8.25%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Connection (CNXN) Reports Record First Quarter 2022 Results

MERRIMACK, N.H.--(BUSINESS WIRE)--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today ann...

PC Connection, Inc. (CNXN) to Release First Quarter Results for 2022

MERRIMACK, N.H.--(BUSINESS WIRE)--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will rele...

PC Connection (CNXN): Strong Industry, Solid Earnings Estimate Revisions

PC Connection (CNXN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Can PC Connection (CNXN) Run Higher on Rising Earnings Estimates?

PC Connection (CNXN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

PC Connection (CNXN) Q4 Earnings and Revenues Surpass Estimates

PC Connection (CNXN) delivered earnings and revenue surprises of 28.79% and 3.73%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Connection (CNXN) Reports Fourth Quarter and Full Year 2021 Results

MERRIMACK, N.H.--(BUSINESS WIRE)--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today ann...

PC Connection (CNXN) Reports Next Week: Wall Street Expects Earnings Growth

PC Connection (CNXN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PC Connection, Inc. (CNXN) to Release Fourth Quarter and Full Year Results For 2021

MERRIMACK, N.H.--(BUSINESS WIRE)--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will rele...

What Makes PC Connection (CNXN) a New Buy Stock

PC Connection (CNXN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

PC Connection (CNXN) Beats Q3 Earnings and Revenue Estimates

PC Connection (CNXN) delivered earnings and revenue surprises of 7.04% and 3.61%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Connection (CNXN) Reports Third Quarter 2021 Results

MERRIMACK, N.H.--(BUSINESS WIRE)--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, today ann...

Connection (CNXN) Announces a Special Dividend to Shareholders

MERRIMACK, N.H.--(BUSINESS WIRE)--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, and education markets, today announced that...

PC Connection, Inc. (CNXN) To Release Third Quarter Results For 2021

MERRIMACK, N.H.--(BUSINESS WIRE)--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare and education markets, will rele...

Connection Achieves Microsoft Azure Expert MSP Status

MERRIMACK, N.H.--(BUSINESS WIRE)-- #WeSolveIT--Connection (PC Connection, Inc.; NASDAQ: CNXN), a leading information technology solutions provider to business, government, healthcare, and education mark...

PC Connection (CNXN) Q2 Earnings Lag Estimates

PC Connection (CNXN) delivered earnings and revenue surprises of -5.71% and 0.99%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?