Timothy McGrath - PC Connection President CEO

CNXN Stock  USD 73.05  0.70  0.95%   

CEO

Mr. Timothy McGrath is the President and Chief Executive Officer of Pc Connection, Inc. Mr. McGrath has served as Chief Executive Officer since August 2011, and as President since May 2010. Mr. McGrath served as Chief Operating Officer from May 2010 to August 2011 since 2011.
Age 65
Tenure 13 years
Address 730 Milford Road, Merrimack, NH, United States, 03054-4631
Phone603 683 2000
Webhttps://www.connection.com
McGrath also served as Executive Vice President, PC Connection Enterprises from May 2007 to May 2010, as Senior Vice President, PC Connection Enterprises from December 2006 to May 2007, and as President of PC Connection Sales Corporationrationrationration, sales subsidiary, from August 2005 to December 2006.

Timothy McGrath Latest Insider Activity

Tracking and analyzing the buying and selling activities of Timothy McGrath against PC Connection stock is an integral part of due diligence when investing in PC Connection. Timothy McGrath insider activity provides valuable insight into whether PC Connection is net buyers or sellers over its current business cycle. Note, PC Connection insiders must abide by specific rules, including filing SEC forms every time they buy or sell PC Connection'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

PC Connection Management Efficiency

The company has return on total asset (ROA) of 0.0521 % which means that it generated a profit of $0.0521 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.105 %, meaning that it created $0.105 on every $100 dollars invested by stockholders. PC Connection's management efficiency ratios could be used to measure how well PC Connection manages its routine affairs as well as how well it operates its assets and liabilities. At this time, PC Connection's Return On Capital Employed is very stable compared to the past year. As of the 28th of November 2024, Return On Equity is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.05. At this time, PC Connection's Total Assets are very stable compared to the past year. As of the 28th of November 2024, Non Currrent Assets Other is likely to grow to about 1.8 M, while Non Current Assets Total are likely to drop about 95.9 M.
PC Connection currently holds 4.91 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. PC Connection has a current ratio of 2.61, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about PC Connection's use of debt, we should always consider it together with its cash and equity.

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PC Connection, Inc., together with its subsidiaries, provides various information technology solutions. The company was founded in 1982 and is headquartered in Merrimack, New Hampshire. PC Connection operates under Electronics Computer Distribution classification in the United States and is traded on NASDAQ Exchange. It employs 2542 people. PC Connection (CNXN) is traded on NASDAQ Exchange in USA. It is located in 730 Milford Road, Merrimack, NH, United States, 03054-4631 and employs 2,703 people. PC Connection is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

PC Connection Leadership Team

Elected by the shareholders, the PC Connection's board of directors comprises two types of representatives: PC Connection inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CNXN. The board's role is to monitor PC Connection's management team and ensure that shareholders' interests are well served. PC Connection's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PC Connection's outside directors are responsible for providing unbiased perspectives on the board's policies.
Larry Kirsch, President Group
Joan Evans, Senior Resources
Thomas Baker, Senior Vice President Treasurer, and CFO, Principal Financial and Accounting Officer
Timothy McGrath, President CEO
Jay JD, Independent Secretary
Brian Hicks, Senior Operations
Scott Sova, Chief Officer
Patricia Gallup, Chairman of the Board, Chief Administrative Officer
Cameron Kelly, Senior Officer
Eric Keating, VP Lifecycle
Kyle Reeb, Vice Administration
Rick Gilligan, President Group
Jamal Khan, Chief Officer

CNXN Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PC Connection a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with PC Connection

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PC Connection position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PC Connection will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to PC Connection could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PC Connection when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PC Connection - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PC Connection to buy it.
The correlation of PC Connection is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PC Connection moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PC Connection moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PC Connection can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether PC Connection offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of PC Connection's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pc Connection Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pc Connection Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in PC Connection. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
To learn how to invest in CNXN Stock, please use our How to Invest in PC Connection guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PC Connection. If investors know CNXN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PC Connection listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.052
Dividend Share
0.38
Earnings Share
3.4
Revenue Per Share
105.964
Quarterly Revenue Growth
0.046
The market value of PC Connection is measured differently than its book value, which is the value of CNXN that is recorded on the company's balance sheet. Investors also form their own opinion of PC Connection's value that differs from its market value or its book value, called intrinsic value, which is PC Connection's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PC Connection's market value can be influenced by many factors that don't directly affect PC Connection's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PC Connection's value and its price as these two are different measures arrived at by different means. Investors typically determine if PC Connection is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PC Connection's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.