Analysts Point To PC Connection, Inc (NASDAQ: CNXN) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a NASDAQ listed company, CNXN falls under the Technology sector while operating within the Electronics & Computer Distribution industry segment. The current market capitalization of PC Connection, Inc is $1.85B. A total of 52166.0 shares were traded on the day, compared to an average of 70.83K shares.

In the most recent transaction, David Beffa-Negrini bought 10,000 shares of CNXN for 72.30 per share on Dec 16 ’24. In a previous transaction on Nov 20 ’24, BEFFA NEGRINI DAVID sold 5,000 shares at 70.00 per share. CNXN shares that Director owns now total 71,750.

Among the insiders who bought shares, David Beffa-Negrini acquired of 6,250 shares on Nov 20 ’24 at a per-share price of $70.38. In another insider transaction, Duckett Barbara sold 1,000 shares at $71.71 per share on Aug 27 ’24. Company shares held by the Director now total 12,877.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. PC Connection, Inc pays an annual dividend of $0.40, resulting in a dividend yield of 0.57%, and it has a price to earnings (P/E) ratio of 20.69. CNXN’s most recent ex-dividend date was 0.63% when it declared a $0.10 quarterly dividend that was paid in cash on 11/12/2024. Previously, the company paid the dividend on 8/13/2024 with an ex-dividend date of 0.53%. The CNXN stock dividend was $0.10 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, CNXN has a high of $77.19 and a low of $57.47.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. CNXN’s latest balance sheet shows that the firm has $108.31M in Cash & Short Term Investments as of fiscal 2021. There were $10.21M in debt and $374.63M in liabilities at the time. Its Book Value Per Share was $34.13, while its Total Shareholder’s Equity was $682.47M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CNXN is Buy with a score of 3.00.

Most Popular

Related Posts