How to Buy Connection Stock
PC Connection Inc
PC Connection, Inc. , together with its subsidiaries, provides various information technology (IT) solutions. The company operates through three segments: Business Solutions, Enterprise Solutions, and Public Sector Solutions.
Connection stock last closed at $74.14, down 0.52% from the previous day, and has increased 19.99% in one year. It has underperformed other stocks in the Electronics & Computer Distribution industry by 0.03 percentage points. Connection stock is currently +29.01% from its 52-week low of $57.47, and -3.95% from its 52-week high of $77.19.
As of Dec 4, 2024, there are 26.29M shares of CNXN outstanding. The market value of CNXN is $1.95B. In the last 24 hours, 68,223 CNXN shares were traded.
How to Buy Connection Stock
Wondering how to invest in Connection stock? Here's how.
- Figure out where to buy Connection stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Connection stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your method of payment and add your info.
- Evaluate Connection stock: The Connection ticker symbol is CNXN. Is Connection stock a good investment? Should you buy shares of CNXN? How do CNXN's underlying business fundamentals look? Do top analysts think Connection is a good buy? Why has CNXN's stock price moved recently? (Hint: Our stock research tools can help you evaluate if CNXN is a good stock to buy).
- Place your CNXN buy order: Decide if you will purchase CNXN shares at the current market price or use a limit order to purchase CNXN stock at a specific price.
- Keep tabs on your CNXN position: Create a watchlist to keep track of your investment in Connection stock.
Step 1: Figure out where to buy Connection stock
You need an online brokerage account in order to access the NASDAQ market and buy CNXN shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, you need to fill out some personal information so you are able to buy CNXN today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new trading account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've finished signing up on a investment app, you need to deposit funds:
Watch this video walkthrough to see the process of depositing funds into your new brokerage account.
Step 4: Evaluate Connection stock
After you have selected the best place to buy Connection stock, it's absolutely critical to analyze their stock prior to investing, so you actually comprehend the risk and opportunity.
Connection Numbers
Fundamentals of CNXN
WallStreetZen was built to help part-time investors do better fundamental analysis quickly.
You can see all of the due diligence checks on CNXN's stock page.
Is CNXN stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge CNXN's fair value.
Using relative valuations methods:
- CNXN may be overvalued based on its P/E ratio of 21.62x, relative to Electronics & Computer Distribution industry P/E ratio of 13.76x
- CNXN could be overvalued based on its P/B ratio of 2.17x, relative to Electronics & Computer Distribution industry P/B ratio of 1.36x
- CNXN could be overvalued based on its PEG ratio of 5.29x
You can access additional valuation analysis on CNXN's stock here.
CNXN Financial Health Overview
Signs that CNXN is financially healthy:
- CNXN profit margin has gone up from 2.7% to 3.2% in the past year.
- There are more short-term assets than short-term liabilities on the CNXN balance sheet.
- CNXN's operating cash flow of $160.91M allows it to safely service it's debt of $2.03M.
- Total CNXN debt is lower than 5 years ago, relative to shareholder equity.
- CNXN earnings of $122.23M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the CNXN balance sheet.
Signs that CNXN is not financially healthy:
- CNXN has a relatively high debt to equity ratio of 0.43.
You can dive deeper into what analysts are forecasting on the Connection stock forecast page.
CNXN Technicals
CNXN Performance Numbers
Last year, CNXN earnings were $90.15M. In the past 5 year, CNXN's earnings have grown by 2.18% per year. This was slower than the Electronics & Computer Distribution industry average of 7.54%.
Last year, CNXN revenue was $2.79B. During the last five year, CNXN's revenue has gone up by -0.17% per year. This was slower than the Electronics & Computer Distribution industry average of 7.18%.
Dig into CNXN's earnings and revenue performance here.
Who is buying/selling CNXN?
In the past year, executives and large shareholders at CNXN have sold more shares than they have bought.
Thomas C. Baker, Sr. VP CFO Treasurer of CNXN, was the latest CNXN insider to sell. They sold $125,742.69 worth of CNXN stock on Nov 21, 2024.
Learn more about who owns CNXN shares here.
Does CNXN stock generate passive income?
Connection pays a dividend of 0.54%, compared to the Electronics & Computer Distribution industry's average dividend yield of 2.42%. If you owned $1,000 worth of CNXN stock, you would have received $5.40 in the past 12 months.
Connection dividend payments have not consistently grown over the past decade and have not remained stable.
Dig into more info about Connection dividend yield and history here.
Get opinions from other investors
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Step 5: Place your CNXN buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific price, place a limit order.
Click the Open Trade button and your broker will place the order.
If you require more help with investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your CNXN position
Now that you own some shares in CNXN, you'll want to keep up with your new shares.
Create a watchlist to track your CNXN stock.
CNXN Feed
How to Buy Stock in Connection
To reiterate, here are the 6 steps to buy Connection stock:
- Figure out where to buy Connection stock
- Open your brokerage account
- Fund your brokerage account
- Evaluate Connection stock
- Place your CNXN buy order
- Keep tabs on your CNXN position
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Connection, add CNXN to your watchlist by clicking the button below.
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