PC Connection (NASDAQ:CNXN – Get Free Report) is projected to issue its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.90 per share and revenue of $716.23 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.
PC Connection Stock Up 1.4 %
Shares of CNXN stock opened at $73.29 on Wednesday. The company has a 50 day moving average of $71.61 and a 200-day moving average of $71.17. PC Connection has a 12-month low of $57.47 and a 12-month high of $77.19. The firm has a market cap of $1.93 billion, a P/E ratio of 21.49, a PEG ratio of 1.96 and a beta of 0.67.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of PC Connection from a “hold” rating to a “buy” rating in a research note on Thursday, November 28th.
Insider Activity at PC Connection
In other news, Director Negrini David Beffa sold 5,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $70.00, for a total transaction of $350,000.00. Following the completion of the transaction, the director now directly owns 71,750 shares in the company, valued at $5,022,500. The trade was a 6.51 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 56.50% of the stock is owned by company insiders.
PC Connection Company Profile
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.
Further Reading
- Five stocks we like better than PC Connection
- How to Find Undervalued Stocks
- Survey Reveals: Top 150 Best Coffee Shops for Remote Workers and Business Deals [2025]
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- What Does the Future Hold for Eli Lilly?
- Stock Market Sectors: What Are They and How Many Are There?
- Oracle Stock Drops Nearly 14% – Is Now the Time to Buy?
Receive News & Ratings for PC Connection Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PC Connection and related companies with MarketBeat.com's FREE daily email newsletter.