CNXN RSI Chart
Last 7 days
2.9%
Last 30 days
-2.5%
Last 90 days
-3.5%
Trailing 12 Months
63.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 2.8B | 0 | 0 | 0 |
2023 | 3.1B | 3.0B | 2.9B | 2.9B |
2022 | 3.0B | 3.2B | 3.2B | 3.1B |
2021 | 2.5B | 2.7B | 2.8B | 2.9B |
2020 | 2.9B | 2.7B | 2.6B | 2.6B |
2019 | 2.7B | 2.7B | 2.8B | 2.8B |
2018 | 2.9B | 2.8B | 2.8B | 2.7B |
2017 | 2.8B | 2.9B | 2.9B | 2.9B |
2016 | 2.6B | 2.6B | 2.6B | 2.7B |
2015 | 2.5B | 2.5B | 2.5B | 2.6B |
2014 | 2.3B | 2.4B | 2.4B | 2.5B |
2013 | 2.2B | 2.2B | 2.2B | 2.2B |
2012 | 2.1B | 2.2B | 2.2B | 2.2B |
2011 | 2.0B | 2.1B | 2.1B | 2.1B |
2010 | 0 | 1.7B | 1.8B | 2.0B |
2009 | 0 | 0 | 0 | 1.6B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
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>
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.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | - |
Which funds bought or sold CNXN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 08, 2024 | KBC Group NV | sold off | -100 | -35,000 | - | -% |
May 08, 2024 | STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | reduced | -48.27 | -1,086,170 | 574,723 | -% |
May 08, 2024 | US BANCORP \DE\ | reduced | -6.39 | -11,349 | 127,574 | -% |
May 08, 2024 | TD Asset Management Inc | added | 13.66 | 124,438 | 1,206,520 | -% |
May 07, 2024 | Illinois Municipal Retirement Fund | added | 3.36 | 6,000 | 428,000 | 0.01% |
May 07, 2024 | Susquehanna Portfolio Strategies, LLC | sold off | -100 | -220,718 | - | -% |
May 07, 2024 | Swiss National Bank | unchanged | - | -29,824 | 1,536,170 | -% |
May 07, 2024 | SEI INVESTMENTS CO | sold off | -100 | -300,832 | - | -% |
May 07, 2024 | NEW YORK STATE COMMON RETIREMENT FUND | reduced | -0.02 | -44,000 | 2,268,000 | -% |
May 07, 2024 | PANAGORA ASSET MANAGEMENT INC | reduced | -1.12 | -7,583 | 245,194 | -% |
Unveiling PC Connection Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to PC Connection Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
AAPL | 2.8T | 381.6B | 28.2 | 7.42 | ||||
APH | 76.6B | 12.8B | 37.61 | 5.97 | ||||
GLW | 29.3B | 12.4B | 47.46 | 2.37 | ||||
FTV | 27.3B | 6.1B | 30.33 | 4.45 | ||||
FLEX | 12.1B | 29.4B | 16.06 | 0.41 | ||||
MID-CAP | ||||||||
CGNX | 8.0B | 847.2M | 79.8 | 9.39 | ||||
ARW | 6.8B | 31.3B | 9.52 | 0.22 | ||||
BMI | 5.7B | 740.8M | 55.68 | 7.69 | ||||
AVT | 4.7B | 24.7B | 8.26 | 0.19 | ||||
ESE | 2.8B | 968.8M | 30.36 | 2.91 | ||||
SMALL-CAP | ||||||||
CNXN | 1.7B | 2.8B | 20.44 | 0.61 | ||||
BHE | 1.4B | 2.8B | 21.88 | 0.51 | ||||
GPRO | 259.9M | 986.2M | -0.72 | 0.26 | ||||
AEY | 29.7M | 56.7M | -3.8 | 0.59 | ||||
CPSH | 26.9M | 26.4M | 34.98 | 1.02 |
PC Connection Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -9.3% | 632 | 696 | 693 | 734 | 728 | 732 | 776 | 829 | 788 | 800 | 751 | 704 | 637 | 676 | 653 | 550 | 712 | 717 | 729 | 741 | 633 |
Gross Profit | -9.0% | 118 | 130 | 132 | 128 | 122 | 124 | 137 | 137 | 128 | 127 | 121 | 116 | 101 | 109 | 108 | 89.00 | 113 | 116 | 119 | 117 | 99.00 |
S&GA Expenses | 2.7% | 105 | 102 | 100 | 101 | 103 | 100 | 105 | 102 | 98.00 | 96.00 | 93.00 | 93.00 | 86.00 | 89.00 | 87.00 | 77.00 | 92.00 | 87.00 | 86.00 | 85.00 | 81.00 |
EBITDA Margin | 2.5% | 0.05* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | 0.03* | - | - | - | - | - | - | - | - | - |
Interest Expenses | -80.0% | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | - | 0.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.00 |
Income Taxes | -41.1% | 5.00 | 8.00 | 9.00 | 7.00 | 5.00 | 6.00 | 9.00 | 9.00 | 8.00 | 9.00 | 7.00 | 6.00 | 4.00 | 5.00 | 4.00 | 3.00 | 6.00 | 8.00 | 9.00 | 9.00 | 5.00 |
Earnings Before Taxes | -43.8% | 18.00 | 32.00 | 35.00 | 27.00 | 19.00 | 25.00 | 32.00 | 35.00 | 30.00 | 31.00 | 27.00 | 24.00 | 14.00 | 21.00 | 21.00 | 11.00 | 21.00 | 30.00 | 33.00 | 33.00 | 18.00 |
EBT Margin | 2.2% | 0.04* | 0.04* | 0.04* | 0.03* | 0.04* | 0.04* | 0.04* | 0.04* | 0.04* | 0.03* | 0.03* | 0.03* | - | - | - | - | - | - | - | - | - |
Net Income | -44.7% | 13.00 | 24.00 | 26.00 | 20.00 | 14.00 | 19.00 | 23.00 | 25.00 | 22.00 | 22.00 | 20.00 | 17.00 | 10.00 | 16.00 | 17.00 | 8.00 | 15.00 | 22.00 | 24.00 | 24.00 | 13.00 |
Net Income Margin | 2.2% | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.03* | 0.02* | 0.02* | 0.02* | - | - | - | - | - | - | - | - | - |
Free Cashflow | - | 56.00 | - | 48.00 | 113 | 18.00 | 17.00 | 22.00 | 28.00 | -39.68 | 48.00 | -24.38 | 24.00 | 5.00 | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -2.3% | 1,161 | 1,188 | 1,181 | 1,164 | 1,118 | 1,100 | 1,134 | 1,124 | 1,101 | 1,083 | 1,014 | 1,031 | 958 | 1,015 | 1,003 | 954 | 913 | 937 | 871 | 912 | 828 |
Current Assets | -2.4% | 1,023 | 1,049 | 1,041 | 1,022 | 974 | 954 | 986 | 975 | 951 | 932 | 862 | 878 | 803 | 859 | 844 | 792 | 749 | 776 | 710 | 754 | 672 |
Cash Equivalents | 1.8% | 148 | 145 | 241 | 244 | 135 | 123 | 116 | 95.00 | 67.00 | 108 | 90.00 | 116 | 92.00 | 96.00 | 108 | 166 | 111 | 90.00 | 98.00 | 70.00 | 93.00 |
Inventory | -0.2% | 124 | 124 | 142 | 160 | 199 | 209 | 213 | 223 | 235 | 207 | 175 | 167 | 141 | 141 | 135 | 166 | 137 | 125 | 126 | 176 | 138 |
Net PPE | -2.0% | 56.00 | 57.00 | 58.00 | 58.00 | 58.00 | 59.00 | 60.00 | 60.00 | 61.00 | 61.00 | 61.00 | 61.00 | 62.00 | 62.00 | 63.00 | 65.00 | 66.00 | 64.00 | 62.00 | 59.00 | 55.00 |
Goodwill | 0% | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 | 74.00 |
Liabilities | -11.3% | 308 | 348 | 362 | 370 | 342 | 334 | 378 | 392 | 395 | 401 | 328 | 366 | 311 | 379 | 375 | 343 | 311 | 340 | 288 | 352 | 291 |
Current Liabilities | -11.6% | 290 | 328 | 340 | 347 | 318 | 311 | 353 | 367 | 370 | 375 | 293 | 330 | 275 | 342 | 338 | 308 | 277 | 309 | 257 | 321 | 259 |
Shareholder's Equity | 1.4% | 853 | 841 | 819 | 794 | 776 | 766 | 756 | 732 | 705 | 682 | 686 | 666 | 647 | 636 | 628 | 611 | 603 | 597 | 583 | 560 | 538 |
Retained Earnings | 1.4% | 771 | 761 | 739 | 716 | 698 | 686 | 676 | 653 | 628 | 606 | 610 | 590 | 572 | 562 | 554 | 537 | 530 | 515 | 501 | 477 | 454 |
Additional Paid-In Capital | 1.3% | 133 | 131 | 131 | 129 | 127 | 126 | 126 | 125 | 124 | 122 | 122 | 122 | 121 | 120 | 120 | 120 | 119 | 118 | 117 | 117 | 116 |
Shares Outstanding | 0.0% | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | - | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 510 | - | - | - | 495 | - | - | - | 508 | - | - | - | 507 | - | - | - | 388 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 366.1% | 57,285 | 12,289 | 50,220 | 115,940 | 19,505 | 19,200 | 24,084 | 29,890 | -38,285 | 48,920 | -22,986 | 25,858 | 5,962 | -10,301 | -56,012 | 57,855 | 44,556 | -3,419 | 36,693 | -14,769 | 18,098 |
Share Based Compensation | 22.0% | 1,949 | 1,597 | 1,789 | 1,783 | 1,853 | 1,603 | 1,282 | 1,408 | 1,382 | 1,113 | 1,026 | 1,026 | 1,066 | 802 | 618 | 624 | 624 | 604 | 426 | 564 | 269 |
Cashflow From Investing | 50.4% | -51,607 | -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 |
Cashflow From Financing | 17.4% | -3,053 | -3,696 | -2,500 | -3,789 | -5,743 | -10,358 | -380 | -289 | -165 | -27,197 | -470 | -242 | -8,457 | -673 | -483 | 384 | -18,698 | 25.00 | -1,199 | -1,657 | -9,759 |
Dividend Payments | 25.3% | 2,636 | 2,103 | 2,101 | 2,099 | 2,107 | - | - | - | - | 26,224 | - | - | 8,375 | - | - | - | 8,427 | - | - | - | 8,452 |
Buy Backs | - | 186 | - | - | 1,969 | 3,423 | - | - | - | - | - | - | - | - | - | - | - | 10,222 | 115 | 862 | 2,207 | 1,294 |
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Condensed Consolidated Statements of Income | ||
Net sales | $ 632,025,000 | $ 727,545,000 |
Cost of sales | 513,953,000 | 605,249,000 |
Gross profit | 118,072,000 | 122,296,000 |
Selling, general and administrative expenses | 104,608,000 | 103,282,000 |
Restructuring and other charges | 0 | 897,000 |
Income from operations | 13,464,000 | 18,117,000 |
Interest income, net | 4,567,000 | 1,286,000 |
Income before taxes | 18,031,000 | 19,403,000 |
Income tax provision | (4,877,000) | (5,205,000) |
Net income | $ 13,154,000 | $ 14,198,000 |
Earnings per common share: | ||
Basic | $ 0.50 | $ 0.54 |
Diluted | $ 0.50 | $ 0.54 |
Shares used in computation of earnings per common share: | ||
Basic | 26,362 | 26,325 |
Diluted | 26,525 | 26,436 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current Assets: | ||
Cash and cash equivalents | $ 147,579 | $ 144,954 |
Short-term investments | 204,374 | 152,232 |
Accounts receivable, net | 527,259 | 606,834 |
Inventories, net | 123,900 | 124,179 |
Income taxes receivable | 3,318 | 4,348 |
Prepaid expenses and other current assets | 16,926 | 16,092 |
Total current assets | 1,023,356 | 1,048,639 |
Property and equipment, net | 55,529 | 56,658 |
Right-of-use assets | 4,020 | 4,340 |
Goodwill | 73,602 | 73,602 |
Intangible, net | 3,124 | 3,428 |
Other assets | 1,434 | 1,714 |
Total Assets | 1,161,065 | 1,188,381 |
Current Liabilities: | ||
Accounts payable | 218,801 | 263,682 |
Accrued payroll | 22,607 | 20,440 |
Accrued expenses and other liabilities | 48,400 | 43,843 |
Total current liabilities | 289,808 | 327,965 |
Deferred income taxes | 15,806 | 15,844 |
Noncurrent operating lease liabilities | 2,760 | 3,181 |
Other liabilities | 19 | 624 |
Total Liabilities | 308,393 | 347,614 |
Stockholders' Equity: | ||
Common stock | 293 | 293 |
Additional paid-in capital | 132,596 | 130,878 |
Retained earnings | 771,416 | 760,898 |
Accumulated other comprehensive income | (62) | 81 |
Treasury stock, at cost | (51,571) | (51,383) |
Total Stockholders' Equity | 852,672 | 840,767 |
Total Liabilities and Stockholders' Equity | $ 1,161,065 | $ 1,188,381 |