PC Connection (NASDAQ:CNXN) Could Be Struggling To Allocate Capital [Yahoo! Finance]
PC Connection, Inc. (CNXN)
Last pc connection, inc. earnings: 4/29 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.connection.com/investor-relations
Company Research
Source: Yahoo! Finance
In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Although, when we looked at PC Connection NASDAQ:CNXN ), it didn't seem to tick all of these boxes. Understanding Return On Capital Employed (ROCE) For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for PC Connection, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.12 = US$106m ÷ (US$1.2b - US$328m) (Based on the trailing twelve months to December 2023) Therefore, PC Connection has an ROCE of 12%. That's a relatively normal return on capital, and it's around the 11% generated by the Elect
Show less
Read more
Impact Snapshot
Event Time:
CNXN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CNXN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CNXN alerts
High impacting PC Connection, Inc. news events
Weekly update
A roundup of the hottest topics
CNXN
News
- PC Connection, Inc. (NASDAQ: CNXN) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Are PC Connection, Inc.'s (NASDAQ:CNXN) Mixed Financials Driving The Negative Sentiment? [Yahoo! Finance]Yahoo! Finance
- PC Connection, Inc. (NASDAQ: CNXN) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
- PC Connection, Inc. (CNXN) to Release First Quarter Results for 2024Business Wire
- PC Connection, Inc. (NASDAQ: CNXN) was upgraded by analysts at StockNews.com from a "buy" rating to a "strong-buy" rating.MarketBeat
CNXN
Earnings
- 2/14/24 - Beat
CNXN
Sec Filings
- 4/2/24 - Form 4
- 3/29/24 - Form ARS
- 3/29/24 - Form DEF
- CNXN's page on the SEC website