Media coverage about Connection (NASDAQ:CNXN) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Connection earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.803276630202 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of CNXN opened at $26.97 on Tuesday. The stock has a market capitalization of $707.82, a PE ratio of 14.66, a price-to-earnings-growth ratio of 1.46 and a beta of 1.42. Connection has a fifty-two week low of $22.66 and a fifty-two week high of $29.83.
Connection (NASDAQ:CNXN) last issued its earnings results on Thursday, February 15th. The company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.01. The company had revenue of $762.27 million for the quarter, compared to the consensus estimate of $757.40 million. Connection had a return on equity of 10.65% and a net margin of 1.88%. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.53 EPS. sell-side analysts forecast that Connection will post 2.28 earnings per share for the current fiscal year.
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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.
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