Pc Connection Intrinsic Value Calculator – LA Capital Management LLC Reduces Stake in PC Connection by 10.2% in Second Quarter
September 13, 2024
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PC ($NASDAQ:CNXN) Connection, Inc. is a leading technology solutions provider that offers a wide range of hardware, software, and IT services to businesses and individuals. As a publicly traded company, it is listed on the NASDAQ stock exchange under the ticker symbol PCCC. In the second quarter of this year, PC Connection experienced a decrease in its shareholder base as Los Angeles Capital Management LLC reduced its stake in the company by 10.2%. This drop in ownership signifies a shift in the investment strategies of the well-known investment management firm. One possible reason could be the company’s financial performance in the previous quarter. If the firm’s financial results were lower than expected, it may have prompted the investment management firm to consider reducing its stake in order to minimize potential losses. Another factor that may have contributed to this change in ownership could be market conditions. The technology industry is known for its volatility, and PC Connection’s stock value may have experienced a decline during the second quarter. This could have led Los Angeles Capital Management LLC to reallocate their investments to other companies with potentially higher returns.
However, it’s worth noting that while Los Angeles Capital Management LLC decreased its stake in PC Connection, they still hold a significant percentage of shares in the company. This indicates that they still have confidence in the company’s long-term prospects and believe it has potential for growth. In conclusion, the recent decrease in shareholder stake by Los Angeles Capital Management LLC in PC Connection may be seen as a minor setback, but it does not necessarily reflect poorly on the company’s overall performance. As a leading technology solutions provider, PC Connection continues to offer valuable products and services to its customers and remains a strong player in the industry.
Analysis – Pc Connection Intrinsic Value Calculator
In conducting our analysis of PC CONNECTION, we have focused on evaluating the overall wellbeing of the company. This includes examining various financial and non-financial factors that contribute to the company’s success and stability. One key factor in determining the value of PC CONNECTION is its intrinsic value, which we have calculated to be around $84.0 per share based on our proprietary Valuation Line model. This takes into account a range of factors, including the company’s financial performance, industry trends, and market outlook. Currently, PC CONNECTION stock is trading at $70.9, which indicates that it is undervalued by approximately 15.6%. This means that the current market price does not accurately reflect the true value of the company. This presents an opportunity for investors to purchase PC CONNECTION stock at a fair price and potentially see a return on their investment as the stock price catches up to its intrinsic value. Overall, our analysis suggests that PC CONNECTION is in a strong position and has room for growth. It is trading at a fair price, making it an attractive option for investors looking to add a stable and potentially profitable company to their portfolio. Of course, as with any investment, it is important to conduct thorough research and consider all factors before making a decision. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Pc Connection. More…
| Total Revenues | Net Income | Net Margin |
| 2.85k | 83.27 | 3.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Pc Connection. More…
| Operations | Investing | Financing |
| 197.95 | -160.2 | -15.73 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Pc Connection. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.19k | 347.61 | 32 |
Key Ratios Snapshot
Some of the financial key ratios for Pc Connection are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.2% | 13.1% | 3.7% |
| FCF Margin | ROE | ROA |
| 6.6% | 8.0% | 5.6% |
Peers
PC Connection Inc, Comtech Telecommunications Corp, Chengdu Zhimingda Electronics Co Ltd, and Argo Graphics Inc are all companies that provide computer and networking products and services.
– Comtech Telecommunications Corp ($NASDAQ:CMTL)
Comtech Telecommunications Corp is a communications technology company. The company designs, develops, manufactures and markets products and services for the communications, commercial and government markets. The company’s products and services include wireless communications, satellite communications, and optical communications. Comtech’s market cap is 302.51M as of 2022 and has a Return on Equity of -3.51%. The company designs, develops, manufactures and markets products and services for the communications, commercial and government markets including wireless communications, satellite communications, and optical communications.
– Chengdu Zhimingda Electronics Co Ltd ($SHSE:688636)
Chengdu Zhimingda Electronics Co Ltd is a Chinese electronics company with a market cap of 7.31B as of 2022. The company has a Return on Equity of 5.9%. Chengdu Zhimingda Electronics Co Ltd is engaged in the research and development, production, and sale of LED products. The company’s products include LED light bars, LED downlights, LED spotlights, LED bulbs, and LED tubes.
– Argo Graphics Inc ($TSE:7595)
Argo Graphics Inc is a publicly traded company with a market capitalization of 77.04 billion as of 2022. The company has a return on equity of 11.23%. Argo Graphics is a leading provider of graphic design services. The company offers a full range of graphic design services, including logos, branding, website design, and print design. Argo Graphics has a team of experienced and talented designers who are dedicated to creating high-quality designs that meet the needs of their clients.
Summary
Los Angeles Capital Management LLC, a leading investment firm, recently reduced its holdings in PC Connection, Inc. by 10.2% during the second quarter. This suggests a lack of confidence in the company’s potential for growth and profitability. It is important for investors to closely monitor the financial performance and strategies of PC Connection, as well as the overall market conditions, to make informed decisions about their investments.
While PC Connection has had a strong track record in the past, the recent decrease in investment from a major firm may indicate potential challenges for the company in the future. Investors should carefully consider all factors before making any investment decisions.
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