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CNXN

PC Connection Inc

CNXN

65.21USD+1.23 (+1.92%)Market Closed
Watchlist

Market Summary

USD65.21+1.23
Market Closed
1.92%

CNXN Alerts

  • 3 major insider sales recently.
  • Big fall in Revenue (Y/Y)

CNXN Stock Price

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CNXN RSI Chart

CNXN Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

21.86

Price/Sales (Trailing)

0.59

EV/EBITDA

12.45

Price/Free Cashflow

7.84

CNXN Price/Sales (Trailing)

CNXN Profitability

EBT Margin

3.47%

Return on Equity

9.56%

Return on Assets

6.52%

Free Cashflow Yield

12.75%

CNXN Fundamentals

CNXN Revenue

Revenue (TTM)

2.9B

Revenue Y/Y

-10.65%

Revenue Q/Q

-5.52%

CNXN Earnings

Earnings (TTM)

78.3M

Earnings Y/Y

10.31%

Earnings Q/Q

29.96%

Price Action

Last 7 days

8.9%

Last 30 days

9.2%

Last 90 days

20.2%

Trailing 12 Months

31.2%

How does CNXN drawdown profile look like?

CNXN Financial Health

Current Ratio

2.94

CNXN Investor Care

Dividend Yield

0.55%

Buy Backs (1Y)

0.05%

Diluted EPS (TTM)

2.97

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.1B3.0B2.9B0
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
20101.7B1.8B1.9B2.0B
20090001.6B

Latest Insider Trading transactions for CNXN

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Dec 04, 2023
beffa negrini david
sold
-304,850
60.97
-5,000
-
Nov 27, 2023
mcgrath timothy j
sold (taxes)
-239,405
60.84
-3,935
president & ceo
Nov 27, 2023
mcgrath timothy j
acquired
-
-
10,000
president & ceo
Nov 21, 2023
mcgrath timothy j
sold (taxes)
-240,468
61.11
-3,935
president & ceo
Nov 21, 2023
mcgrath timothy j
acquired
-
-
10,000
president & ceo
Nov 21, 2023
mcgrath timothy j
sold
-649,273
61.31
-10,590
president & ceo
Nov 21, 2023
baker thomas c
acquired
-
-
5,000
sr. vp, cfo & treasurer
Nov 21, 2023
baker thomas c
sold (taxes)
-120,264
61.11
-1,968
sr. vp, cfo & treasurer
Nov 20, 2023
mcgrath timothy j
sold
-733,866
60.63
-12,104
president & ceo
Nov 10, 2023
ferguson jack l
gifted
-
-
-1,000
-

1–10 of 50

Which funds bought or sold CNXN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Dec 06, 2023
CITIGROUP INC
reduced
-45.37
-196,422
359,301
-%
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-0.81
41,729
281,526
-%
Nov 22, 2023
Public Sector Pension Investment Board
reduced
-30.42
-159,653
744,918
-%
Nov 22, 2023
KBC Group NV
unchanged
-
-
42,000
-%
Nov 21, 2023
COMERICA BANK
reduced
-70.47
287,028
291,028
-%
Nov 15, 2023
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-2.19
4,000
31,000
-%
Nov 15, 2023
Capital Impact Advisors, LLC
sold off
-100
-301,764
-
-%
Nov 15, 2023
MORGAN STANLEY
added
4.27
1,041,290
5,488,940
-%
Nov 15, 2023
Baker Avenue Asset Management, LP
sold off
-100
-496
-
-%
Nov 15, 2023
JANE STREET GROUP, LLC
new
-
399,763
399,763
-%

1–10 of 49

Latest Funds Activity

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

Schedule 13G FIlings of PC Connection Inc

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
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
Dec 22, 2021
gallup patricia
55.9%
14,668,887
SC 13D/A
Sep 27, 2021
gallup patricia
56.3%
14,734,557
SC 13D/A
Feb 12, 2021
dimensional fund advisors lp
7.3%
1,919,500
SC 13G/A

Recent SEC filings of PC Connection Inc

View All Filings
Date Filed Form Type Document
Dec 08, 2023
144/A
144/A
Dec 05, 2023
4
Insider Trading
Nov 28, 2023
4
Insider Trading
Nov 22, 2023
4
Insider Trading
Nov 22, 2023
4
Insider Trading
Nov 20, 2023
144
Notice of Insider Sale Intent
Nov 13, 2023
144
Notice of Insider Sale Intent
Nov 13, 2023
4
Insider Trading
Nov 01, 2023
10-Q
Quarterly Report
Nov 01, 2023
8-K
Current Report

CNXN Fair Value

Loading...

Peers (Alternatives to PC Connection Inc)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
3.0T
383.3B
7.02% 37.20%
31.38
7.94
-2.80% -2.81%
55.7B
12.5B
9.46% 17.82%
29
4.47
0.45% 3.30%
26.5B
13.0B
6.63% -12.61%
28.4
1.93
-10.09% -68.03%
24.2B
6.0B
5.31% 3.47%
29.24
4.03
6.01% 19.45%
11.2B
30.0B
-0.62% 16.47%
14.3
0.37
5.10% -3.68%
MID-CAP
6.8B
34.6B
1.04% 11.94%
6.41
0.2
-6.07% -26.90%
6.6B
880.3M
4.16% -23.51%
41.66
7.44
-12.90% -26.40%
4.4B
668.5M
6.48% 28.93%
51.76
6.61
20.67% 28.96%
4.4B
26.1B
4.30% 9.47%
5.66
0.16
2.54% 3.99%
2.5B
956.0M
7.12% 14.56%
28.38
2.71
11.49% 12.42%
SMALL-CAP
1.7B
2.9B
9.19% 31.15%
21.86
0.59
-9.59% -15.59%
914.1M
2.9B
7.46% -9.56%
13.45
0.32
4.68% 14.39%
548.7M
1.0B
12.34% -33.02%
-11.5
0.53
-11.40% -160.83%
45.9M
56.7M
965.52% 127.21%
-5.21
0.81
-41.04% -726.48%
34.4M
26.9M
-3.27% -20.47%
22.94
1.28
0.90% -27.90%

PC Connection Inc News

Latest updates
StockNews.com08 Dec 202306:31 pm11 hours ago
Stocks Register06 Dec 202304:07 pm2 days ago
Yahoo Finance06 Dec 202302:05 pm2 days ago
Defense World04 Dec 202309:16 am4 days ago
InvestorsObserver28 Nov 202311:45 am10 days ago
Yahoo Finance23 Nov 202308:00 am15 days ago
finanznachrichten.de13 Nov 202308:00 am25 days ago
InvestorsObserver10 Nov 202308:00 am28 days ago
Yahoo Finance08 Nov 202308:00 am30 days ago
StockNews.com06 Nov 202308:00 am32 days ago
Yahoo Finance02 Nov 202307:00 am36 days ago
Yahoo Finance02 Nov 202307:00 am36 days ago
StockNews.com01 Nov 202307:00 am37 days ago
Yahoo Finance27 Oct 202307:00 am42 days ago
Yahoo Finance11 Sep 202307:00 am2 months ago

Financials for PC Connection Inc

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-5.5%693734728732776829788800751704637676653550712717729741633710659
Gross Profit3.2%13212812212413713712812712111610110910889.0011311611911799.00107100
  S&GA Expenses-1.1%10010110310010510298.0096.0093.0093.0086.0089.0087.0077.0092.0087.0086.0085.0081.0080.0081.00
EBITDA Margin-100.0%-0.04*0.04*0.04*0.04*0.04*----0.03*0.03*0.04*0.04*0.04*0.04*0.04*0.04*0.04*--
Interest Expenses0%0.000.000.00-0.00-------------0.00-0.270.00
Income Taxes25.7%9.007.005.006.009.009.008.009.007.006.004.005.004.003.006.008.009.009.005.008.005.00
Earnings Before Taxes28.8%35.0027.0019.0025.0032.0035.0030.0031.0027.0024.0014.0021.0021.0011.0021.0030.0033.0033.0018.0029.0019.00
EBT Margin-100.0%-0.03*0.04*0.04*0.04*0.04*0.04*0.03*0.03*0.03*0.03*0.03*0.03*0.03*0.04*0.04*-----
Net Income30.0%26.0020.0014.0019.0023.0025.0022.0022.0020.0017.0010.0016.0017.008.0015.0022.0024.0024.0013.0021.0014.00
Net Income Margin-100.0%-0.03*0.03*0.03*0.03*0.03*0.03*0.02*0.02*0.02*0.02*0.02*0.02*0.03*0.03*0.03*-----
Free Cashflow-100.0%-11420.0019.0024.0030.00-38.2849.00-22.9926.005.00-11.70-57.4154.0040.00-10.16-----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets1.5%1,1811,1641,1181,1001,1341,1241,1011,0831,0141,0319581,0151,003954913937871912828805750
  Current Assets1.8%1,0411,022974954986975951932862878803859844792749776710754672669617
    Cash Equivalents-1.4%24124413512311695.0067.0010890.0011692.0096.0010816611190.0098.0070.0093.0092.00102
  Inventory-11.0%142160199209213223235207175167141141135166137125126176138119105
  Net PPE-0.6%58.0058.0058.0059.0060.0060.0061.0061.0061.0061.0062.0062.0063.0065.0066.0064.0062.0059.0055.0052.0048.00
  Goodwill0%74.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.0074.00
Liabilities-2.1%362370342334378392395401328366311379375343311340288352291279227
  Current Liabilities-2.1%340347318311353367370375293330275342338308277309257321259260209
Shareholder's Equity3.2%819794776766756732705682686666647636628611603597583560538526523
  Retained Earnings3.3%739716698686676653628606610590572562554537530515501477454441428
  Additional Paid-In Capital1.1%131129127126126125124122122122121120120120119118117117116116115
Shares Outstanding-100.0%-26.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0026.0027.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-56.7%50,220,000115,940,00019,505,00019,200,00024,084,00029,890,000-38,285,00048,920,000-22,986,00025,858,0005,962,000-10,301,000-56,012,00057,855,00044,556,000-3,419,00036,693,000-14,769,00018,098,0005,586,00039,735,000
  Share Based Compensation0.3%1,789,0001,783,0001,853,0001,603,0001,282,0001,408,0001,382,0001,113,0001,026,0001,026,0001,066,000802,000618,000624,000624,000604,000426,000564,000269,000343,000272,000
Cashflow From Investing-1619.1%-51,194,000-2,978,000-1,882,000-2,102,000-2,410,000-2,114,000-2,451,000-3,141,000-2,481,000-2,208,000-903,000-1,422,000-1,397,000-3,619,000-4,595,000-5,035,000-6,744,000-7,305,000-6,572,000-5,597,000-5,714,000
Cashflow From Financing34.0%-2,500,000-3,789,000-5,743,000-10,358,000-380,000-289,000-165,000-27,197,000-470,000-242,000-8,457,000-673,000-483,000384,000-18,698,00025,000-1,199,000-1,657,000-9,759,000-10,529,000-458,000
  Dividend Payments0.1%2,101,0002,099,0002,107,000----26,224,000--8,375,000---8,427,000---8,452,000-1,0001,000
  Buy Backs-100.0%-1,969,0003,423,000-----------10,222,000115,000862,0002,207,0001,294,00010,991,000-

CNXN Income Statement

2023-09-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Condensed Consolidated Statements of Income    
Net sales$ 693,086$ 775,692$ 2,154,178$ 2,392,545
Cost of sales561,198639,0661,772,2171,990,712
Gross profit131,888136,626381,961401,833
Selling, general and administrative expenses99,822104,887304,064305,189
Restructuring and other charges44 2,687 
Income from operations32,02231,73975,21096,644
Other income, net2,6883085,848319
Income before taxes34,71032,04781,05896,963
Income tax provision(9,112)(8,841)(21,565)(26,567)
Net income$ 25,598$ 23,206$ 59,493$ 70,396
Earnings per common share:    
Basic$ 0.97$ 0.88$ 2.26$ 2.68
Diluted$ 0.97$ 0.88$ 2.25$ 2.66
Shares used in computation of earnings per common share:    
Basic26,26226,27926,28126,267
Diluted26,43426,45526,40626,432

CNXN Balance Sheet

2023-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 240,509$ 122,930
Short-term investments48,894 
Accounts receivable, net587,597610,280
Inventories, net142,243208,682
Income taxes receivable7,388 
Prepaid expenses and other current assets14,06811,900
Total current assets1,040,699953,792
Property and equipment, net57,63859,171
Right-of-use assets4,9347,558
Goodwill73,60273,602
Intangible, net3,7334,648
Other assets8211,055
Total Assets1,181,4271,099,826
Current Liabilities:  
Accounts payable264,502232,638
Accrued payroll26,36324,071
Accrued expenses and other liabilities49,09853,808
Total current liabilities339,963310,517
Deferred income taxes18,01117,970
Noncurrent operating lease liabilities3,6384,994
Other liabilities654170
Total Liabilities362,266333,651
Stockholders' Equity:  
Common stock292291
Additional paid-in capital130,875125,784
Retained earnings739,223686,037
Accumulated other comprehensive income154 
Treasury stock, at cost(51,383)(45,937)
Total Stockholders' Equity819,161766,175
Total Liabilities and Stockholders' Equity$ 1,181,427$ 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
 WEBSITEwww.connection.com
 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 Fri Dec 08 2023, market cap of PC Connection Inc is 1.71 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. 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 Fri Dec 08 2023, CNXN's PE ratio (Price to Earnings) is 21.86 and Price to Sales (PS) ratio is 0.59. 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 0.122 (multiply by 100 for percentage) rate of return.