PC Connection, Inc. (CNXN) Hit 12-Month High at $33.75 on Jun, 26

June 26, 2018 - By Bridget Boland

PC Connection, Inc. (NASDAQ:CNXN) reached yearly high touching $33.75. Our price target is $36.11. On Jun, 26 the yearly high was announced by Barchart.com. PC Connection, Inc. (NASDAQ:CNXN) has $900.56M MC. The company’s valuation will be $63.04 million more at $36.11 price target.

The stock increased 1.75% or $0.58 during the last trading session, reaching $33.75.PC Connection, Inc. has 74,636 shares volume, 46.93% up from normal. CNXN is uptrending and has moved 12.41% since June 26, 2017. CNXN underperformed the S&P500 by 0.16%.

On July, 26 WallStreet awaited PC Connection, Inc. (NASDAQ:CNXN)’s earnings report, according to Faxor. Analysts have expectation on stock’s earnings per share of $0.63. That’s up 18.87 % from last year’s $0.53 earnings per share. If the current earnings per share of $0.63 is accurate, CNXN’s profit could be $16.81M. 50.00 % EPS growth is what Wall Street’s forecasts after $0.42 reported EPS previous quarter.

There’s a significant PC Connection, Inc. (NASDAQ:CNXN) news announced by Equitiesfocus.com. It’s a report titled: “PC Connection (NASDAQ:CNXN) Receiving Somewhat Favorable Media Coverage, Report Shows” on June 18, 2018.

PC Connection, Inc., together with its subsidiaries, provides a range of information technology solutions.The company has $900.56 million market cap. The firm operates through three divisions: SMB, Large Account, and Public Sector.The P/E ratio is 15.48. It offers IT products, such as computer systems, software and peripheral equipment, networking communications, and other products and accessories.

PC Connection, Inc. (NASDAQ:CNXN) Institutional Investors Chart

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