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CNXN

CNXN - PC Connection Inc Stock Price, Fair Value and News

62.64USD-0.92 (-1.45%)Market Closed

Market Summary

CNXN
USD62.64-0.92
Market Closed
-1.45%

CNXN Stock Price

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CNXN RSI Chart

CNXN Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

19.83

Price/Sales (Trailing)

0.58

EV/EBITDA

11.97

Price/Free Cashflow

9.49

CNXN Price/Sales (Trailing)

CNXN Profitability

Operating Margin

14.99%

EBT Margin

3.97%

Return on Equity

9.9%

Return on Assets

7.01%

Free Cashflow Yield

10.53%

CNXN Fundamentals

CNXN Revenue

Revenue (TTM)

2.9B

Rev. Growth (Yr)

-4.91%

Rev. Growth (Qtr)

0.49%

CNXN Earnings

Earnings (TTM)

83.3M

Earnings Growth (Yr)

26.32%

Earnings Growth (Qtr)

-7.11%

Breaking Down CNXN Revenue

Last 7 days

-4.2%

Last 30 days

-2.6%

Last 90 days

-1.1%

Trailing 12 Months

38.3%

How does CNXN drawdown profile look like?

CNXN Financial Health

Current Ratio

3.2

CNXN Investor Care

Dividend Yield

0.55%

Shares Dilution (1Y)

0.18%

Diluted EPS (TTM)

3.16

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.1B3.0B2.9B2.9B
20223.0B3.2B3.2B3.1B
20212.5B2.7B2.8B2.9B
20202.9B2.7B2.6B2.6B
20192.7B2.7B2.8B2.8B
20182.9B2.8B2.8B2.7B
20172.8B2.9B2.9B2.9B
20162.6B2.6B2.6B2.7B
20152.5B2.5B2.5B2.6B
20142.3B2.4B2.4B2.5B
20132.2B2.2B2.2B2.2B
20122.1B2.2B2.2B2.2B
20112.0B2.1B2.1B2.1B
201001.7B1.8B2.0B
20090001.6B
GRUFITY'S FAIR VALUE MODEL

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of PC Connection Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
mcgrath timothy j
acquired
-
-
10,000
president & ceo
Apr 01, 2024
mcgrath timothy j
sold (taxes)
-241,150
65.53
-3,680
president & ceo
Feb 23, 2024
baker thomas c
acquired
-
-
5,000
sr. vp, cfo & treasurer
Feb 23, 2024
baker thomas c
sold (taxes)
-88,429
68.18
-1,297
sr. vp, cfo & treasurer
Dec 17, 2023
kinyon gary
acquired
-
-
1,250
-
Dec 17, 2023
mcgrath timothy j
acquired
-
-
5,000
president & ceo
Dec 17, 2023
baker thomas c
acquired
-
-
5,000
sr. vp, cfo & treasurer
Dec 17, 2023
mcgrath timothy j
sold (taxes)
-132,742
67.45
-1,968
president & ceo
Dec 17, 2023
gallup patricia
acquired
-
-
1,250
chairman & chief admin officer
Dec 17, 2023
duckett barbara
acquired
-
-
1,250
-

1–10 of 50

Which funds bought or sold CNXN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
unchanged
-
-51.00
2,637
-%
Apr 09, 2024
Rise Advisors, LLC
new
-
16,508
16,508
0.01%
Apr 05, 2024
GAMMA Investing LLC
added
26.54
3,065
13,516
-%
Apr 05, 2024
LOS ANGELES CAPITAL MANAGEMENT LLC
added
0.38
-18,987
1,223,790
-%
Apr 05, 2024
CWM, LLC
added
17.65
-
1,000
-%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-2.36
4,663
25,002
-%
Mar 11, 2024
VANGUARD GROUP INC
added
2.8
15,682,700
68,960,400
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
11.88
2,897,180
9,987,000
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.83
83,288
418,248
-%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
48,000
229,000
-%

1–10 of 48

Are Funds Buying or Selling CNXN?

Are funds buying CNXN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CNXN
No. of Funds

Unveiling PC Connection Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2024
dimensional fund advisors lp
7.3%
1,905,196
SC 13G/A
Feb 05, 2024
mawer investment management ltd.
4.53%
1,189,469
SC 13G/A
Jan 24, 2024
blackrock inc.
9.4%
2,477,290
SC 13G/A
Mar 15, 2023
gallup patricia
54.8%
14,413,627
SC 13D/A
Feb 13, 2023
mawer investment management ltd.
7.53%
1,978,800
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
7.1%
1,854,344
SC 13G/A
Jan 24, 2023
blackrock inc.
9.6%
2,510,632
SC 13G/A
May 12, 2022
gallup patricia
55.5%
14,570,538
SC 13D/A
Feb 08, 2022
dimensional fund advisors lp
6.9%
1,810,323
SC 13G/A
Feb 01, 2022
blackrock inc.
9.1%
2,393,075
SC 13G/A

Recent SEC filings of PC Connection Inc

View All Filings
Date Filed Form Type Document
Apr 02, 2024
4
Insider Trading
Mar 29, 2024
ARS
ARS
Mar 29, 2024
DEF 14A
DEF 14A
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading

Peers (Alternatives to PC Connection Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.7T
385.7B
0.03% 4.52%
26.42
6.91
-0.47% 6.03%
67.4B
12.6B
2.79% 43.78%
34.96
5.37
-0.54% 1.35%
28.7B
6.1B
-4.42% 21.45%
33.11
4.73
4.11% 14.65%
26.7B
12.6B
-3.78% -10.06%
44.53
2.12
-11.28% -55.18%
11.8B
29.4B
4.16% 29.43%
15.69
0.4
-1.12% -8.06%
MID-CAP
6.9B
837.5M
-1.89% -18.60%
60.55
8.19
-16.75% -47.46%
6.6B
33.1B
2.53% 3.57%
7.34
0.2
-10.82% -36.63%
4.5B
703.6M
-0.51% 26.15%
48.51
6.38
24.40% 39.25%
4.3B
25.6B
0.19% 7.02%
6.35
0.17
-2.73% -21.96%
2.6B
968.8M
-0.61% 4.86%
27.8
2.67
9.35% 8.73%
SMALL-CAP
1.7B
2.9B
-2.63% 38.31%
19.83
0.58
-8.78% -6.67%
1.1B
2.8B
-0.74% 29.94%
16.41
0.37
-1.64% -5.74%
271.4M
1.0B
-20.27% -62.02%
-5.1
0.27
-8.05% -284.36%
25.4M
26.9M
-4.89% -37.05%
18.54
0.94
0.90% -35.71%
14.9K
56.7M
-85.71% -99.91%
0
3e-4
-41.04% -726.48%

PC Connection Inc News

Latest updates
Simply Wall St13 Apr 202402:16 pm

PC Connection Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue0.5%696693734728732776829788800751704637676653550712717729741633710
Gross Profit-1.6%13013212812212413713712812712111610110910889.0011311611911799.00107
  S&GA Expenses2.0%10210010110310010510298.0096.0093.0093.0086.0089.0087.0077.0092.0087.0086.0085.0081.0080.00
EBITDA Margin7.8%0.04*0.04*0.04*0.04*0.04*0.04*0.04*0.04*0.04*0.04*0.03*0.03*---------
Interest Expenses400.0%0.000.000.000.00-0.00-------------0.00-0.27
Income Taxes-9.2%8.009.007.005.006.009.009.008.009.007.006.004.005.004.003.006.008.009.009.005.008.00
Earnings Before Taxes-7.6%32.0035.0027.0019.0025.0032.0035.0030.0031.0027.0024.0014.0021.0021.0011.0021.0030.0033.0033.0018.0029.00
EBT Margin8.3%0.04*0.04*0.03*0.04*0.04*0.04*0.04*0.04*0.03*0.03*0.03*0.03*---------
Net Income-7.1%24.0026.0020.0014.0019.0023.0025.0022.0022.0020.0017.0010.0016.0017.008.0015.0022.0024.0024.0013.0021.00
Net Income Margin7.7%0.03*0.03*0.03*0.03*0.03*0.03*0.03*0.03*0.02*0.02*0.02*0.02*---------
Free Cashflow-79.5%10.0048.0011417.0017.0022.0028.00-39.6848.00-24.3824.005.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.6%1,1881,1811,1641,1181,1001,1341,1241,1011,0831,0141,0319581,0151,003954913937871912828805
  Current Assets0.8%1,0491,0411,022974954986975951932862878803859844792749776710754672669
    Cash Equivalents-39.7%14524124413512311695.0067.0010890.0011692.0096.0010816611190.0098.0070.0093.0092.00
  Inventory-12.7%124142160199209213223235207175167141141135166137125126176138119
  Net PPE-1.7%57.0058.0058.0058.0059.0060.0060.0061.0061.0061.0061.0062.0062.0063.0065.0066.0064.0062.0059.0055.0052.00
  Goodwill0%74.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.00
Liabilities-4.0%348362370342334378392395401328366311379375343311340288352291279
  Current Liabilities-3.5%328340347318311353367370375293330275342338308277309257321259260
Shareholder's Equity2.6%841819794776766756732705682686666647636628611603597583560538526
  Retained Earnings2.9%761739716698686676653628606610590572562554537530515501477454441
  Additional Paid-In Capital0.0%131131129127126126125124122122122121120120120119118117117116116
Shares Outstanding-100.0%-26.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.00---------
Float-------495---508---507---388--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-75.5%12,28950,220115,94019,50519,20024,08429,890-38,28548,920-22,98625,8585,962-10,301-56,01257,85544,556-3,41936,693-14,76918,0985,586
  Share Based Compensation-10.7%1,5971,7891,7831,8531,6031,2821,4081,3821,1131,0261,0261,066802618624624604426564269343
Cashflow From Investing-103.4%-104,148-51,194-2,978-1,882-2,102-2,410-2,114-2,451-3,141-2,481-2,208-903-1,422-1,397-3,619-4,595-5,035-6,744-7,305-6,572-5,597
Cashflow From Financing-47.8%-3,696-2,500-3,789-5,743-10,358-380-289-165-27,197-470-242-8,457-673-483384-18,69825.00-1,199-1,657-9,759-10,529
  Dividend Payments0.1%2,1032,1012,0992,107----26,224--8,375---8,427---8,452-1.00
  Buy Backs---1,9693,423-----------10,2221158622,2071,29410,991

CNXN Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Consolidated Statements of Income   
Net sales$ 2,850,644$ 3,124,996$ 2,892,595
Cost of sales2,338,9082,598,8192,428,016
Gross profit511,736526,177464,579
Selling, general and administrative expenses405,896405,625368,062
Restructuring and other charges2,687  
Income from operations103,153120,55296,517
Other income, net9,9611,0835
Income before taxes113,114121,63596,522
Income tax provision(29,843)(32,416)(26,616)
Net income$ 83,271$ 89,219$ 69,906
Earnings per common share:   
Basic$ 3.17$ 3.40$ 2.67
Diluted$ 3.15$ 3.37$ 2.65
Shares used in computation of earnings per common share:   
Basic26,28726,27926,196
Diluted26,42926,44326,364

CNXN Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 144,954$ 122,930
Short-term investments152,232 
Accounts receivable, net606,834610,280
Inventories, net124,179208,682
Income taxes receivable4,348 
Prepaid expenses and other current assets16,09211,900
Total current assets1,048,639953,792
Property and equipment, net56,65859,171
Right-of-use assets4,3407,558
Goodwill73,60273,602
Intangible, net3,4284,648
Other assets1,7141,055
Total Assets1,188,3811,099,826
Current Liabilities:  
Accounts payable263,682232,638
Accrued payroll20,44024,071
Accrued expenses and other liabilities43,84353,808
Total current liabilities327,965310,517
Deferred income taxes15,84417,970
Noncurrent operating lease liabilities3,1814,994
Other liabilities624170
Total Liabilities347,614333,651
Stockholders' Equity:  
Common Stock, $.01 par value, 100,000 shares authorized, 29,262 and 29,123 issued, 26,360 and 26,350 outstanding at December 31, 2023 and 2022, respectively293291
Additional paid-in capital130,878125,784
Retained earnings760,898686,037
Accumulated other comprehensive income81 
Treasury stock at cost, 2,902 and 2,773 shares at December 31, 2023 and 2022, respectively(51,383)(45,937)
Total Stockholders' Equity840,767766,175
Total Liabilities and Stockholders' Equity$ 1,188,381$ 1,099,826
CNXN
PC Connection, Inc., together with its subsidiaries, provides various information technology (IT) solutions worldwide. 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; and portfolio of managed services and professional services, as well as provides services related to design, configuration, and implementation of IT solutions. The company markets its products and services through its websites comprising connection.com, connection.com/enterprise, connection.com/publicsector, and macconnection.com. It serves small to medium-sized businesses that include small office/home office customers; government and educational institutions; medium-to-large corporate accounts through outbound telemarketing and field sales; digital, web, and print media advertising; and targeted marketing program to specific customer populations. The company was founded in 1982 and is headquartered in Merrimack, New Hampshire.
 CEO
 WEBSITEconnection.com
 INDUSTRYConsumer Electronics
 EMPLOYEES2685

PC Connection Inc Frequently Asked Questions


What is the ticker symbol for PC Connection Inc? What does CNXN stand for in stocks?

CNXN is the stock ticker symbol of PC Connection Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PC Connection Inc (CNXN)?

As of Mon Apr 15 2024, market cap of PC Connection Inc is 1.65 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CNXN stock?

You can check CNXN's fair value in chart for subscribers.

What is the fair value of CNXN stock?

You can check CNXN's fair value in chart for subscribers. The fair value of PC Connection Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PC Connection Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CNXN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PC Connection Inc a good stock to buy?

The fair value guage provides a quick view whether CNXN is over valued or under valued. Whether PC Connection Inc is cheap or expensive depends on the assumptions which impact PC Connection Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CNXN.

What is PC Connection Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, CNXN's PE ratio (Price to Earnings) is 19.83 and Price to Sales (PS) ratio is 0.58. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CNXN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on PC Connection Inc's stock?

In the past 10 years, PC Connection Inc has provided 0.128 (multiply by 100 for percentage) rate of return.