Media headlines about PC Connection (NASDAQ:CNXN) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PC Connection earned a news impact score of 0.15 on Accern’s scale. Accern also assigned headlines about the company an impact score of 48.7474267047 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of PC Connection (NASDAQ:CNXN) traded down $0.20 during trading on Tuesday, hitting $26.33. The company had a trading volume of 226 shares, compared to its average volume of 38,646. PC Connection has a twelve month low of $22.66 and a twelve month high of $30.48. The firm has a market capitalization of $712.14, a PE ratio of 12.84, a PEG ratio of 1.46 and a beta of 1.51.
PC Connection (NASDAQ:CNXN) last announced its quarterly earnings data on Thursday, February 15th. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.01. PC Connection had a return on equity of 10.81% and a net margin of 1.88%. The business had revenue of $762.27 million during the quarter, compared to analysts’ expectations of $757.40 million. During the same period in the previous year, the firm earned $0.53 earnings per share. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. equities analysts predict that PC Connection will post 2.28 EPS for the current year.
In related news, CEO Timothy J. Mcgrath sold 9,700 shares of PC Connection stock in a transaction on Monday, January 8th. The stock was sold at an average price of $26.85, for a total transaction of $260,445.00. Following the completion of the sale, the chief executive officer now directly owns 207,207 shares of the company’s stock, valued at $5,563,507.95. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 57.30% of the stock is owned by insiders.
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PC Connection Company Profile
PC Connection, Inc is a provider of a range of information technology (IT) solutions. The Company conducts its business operations through three business segments: small- to medium-sized businesses (SMB), Large Account and Public Sector. The Company enables customers to design, enable, manage and service their IT environments.
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