NASDAQ:STCN

Steel Connect (STCN) Stock Price, News & Analysis

$12.09
-0.05 (-0.41%)
(As of 04/25/2024 ET)
Today's Range
$11.76
$12.37
50-Day Range
$7.55
$12.13
52-Week Range
$6.35
$12.48
Volume
76,934 shs
Average Volume
9,474 shs
Market Capitalization
$76.00 million
P/E Ratio
12.17
Dividend Yield
N/A
Price Target
N/A

Steel Connect MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.08% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.16mentions of Steel Connect in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$7.06 M Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.50 out of 5 stars

Computer And Technology Sector

347th out of 586 stocks

Business Services, Not Elsewhere Classified Industry

55th out of 84 stocks

STCN stock logo

About Steel Connect Stock (NASDAQ:STCN)

Steel Connect, Inc., together with its subsidiaries, provides supply chain services in the United States, Mainland China, Netherlands, and internationally. It offers product configuration and packaging, kitting, and assembly of components and parts into finished goods; and value-added processes, such as product testing, radio frequency identification tagging, product or service activation, language settings, personalization and engraving, multi-channel packaging, and packaging design services. The company provides fulfillment services comprising order management, pick, pack and ship, retail compliance, and demand planning services; and reverse logistics services that simplifies the returns process for retailers and manufacturers, as well as operates a cloud-based e-commerce platform. In addition, it offers warehousing and inventory management services; and software licenses, maintenance, and support services. Further, the company offers its supply chain services to customers in the consumer electronics, communications, computing, medical devices, software, and retail markets. The company was formerly known as ModusLink Global Solutions, Inc. and changed its name to Steel Connect, Inc. in February 2018. Steel Connect, Inc. was incorporated in 1986 and is headquartered in New York, New York.

STCN Stock Price History

STCN Stock News Headlines

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In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.
Steel Connect: Fiscal Q2 Earnings Snapshot
Thousands of investors use this no cost solution | Do you?
In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.
Steel Connect Swings To Profit In Q4
Steel Connect, Inc. Amends Tax Benefits Preservation Plan
Steel Connect Inc STCN
Is Steel Connect Inc (STCN) Significantly Overvalued?
STCN - Steel Connect, Inc.
See More Headlines
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Company Calendar

Last Earnings
3/15/2024
Today
4/25/2024
Next Earnings (Estimated)
6/10/2024
Fiscal Year End
7/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Data Processing & Outsourced Services
Current Symbol
NASDAQ:STCN
CUSIP
60786L10
Employees
1,000
Year Founded
N/A

Profitability

Net Income
$15.61 million
Pretax Margin
13.00%

Debt

Sales & Book Value

Annual Sales
$171.33 million
Cash Flow
$3.22 per share
Book Value
$10.98 per share

Miscellaneous

Free Float
6,173,000
Market Cap
$76.00 million
Optionable
No Data
Beta
0.33
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Key Executives

  • Mr. Warren G. Lichtenstein (Age 59)
    Executive Chairman & Interim CEO
    Comp: $124k
  • Mr. Ryan O'Herrin (Age 46)
    Chief Financial Officer
  • Mr. Tim Barclay
    Chief Operating Officer
  • Mr. Gary W. Tankard (Age 49)
    Chief Accounting Officer
  • Mr. Michael Macmanus
    VP, General Counsel, & Secretary
  • Mr. Glenn Brower
    Vice President of Sales
  • Mr. Hans Veenendaal
    Chief Commercial Officer
  • Mr. John Ashe (Age 56)
    Chief Executive Officer of IWCO Direct Holdings, Inc.
    Comp: $489.48k
  • Mr. Fawaz Khalil (Age 54)
    CEO & President of ModusLink Corporation
    Comp: $330.99k

STCN Stock Analysis - Frequently Asked Questions

How have STCN shares performed in 2024?

Steel Connect's stock was trading at $9.64 at the beginning of the year. Since then, STCN shares have increased by 25.4% and is now trading at $12.09.
View the best growth stocks for 2024 here
.

Are investors shorting Steel Connect?

Steel Connect saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 22,200 shares, an increase of 208.3% from the March 31st total of 7,200 shares. Based on an average trading volume of 9,600 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.1% of the company's shares are short sold.
View Steel Connect's Short Interest
.

When is Steel Connect's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, June 10th 2024.
View our STCN earnings forecast
.

How were Steel Connect's earnings last quarter?

Steel Connect, Inc. (NASDAQ:STCN) posted its quarterly earnings results on Friday, March, 15th. The technology company reported $0.18 EPS for the quarter. The technology company had revenue of $43.05 million for the quarter. Steel Connect had a net margin of 12.23% and a trailing twelve-month return on equity of 39.04%.

When did Steel Connect's stock split?

Steel Connect's stock split on Thursday, June 22nd 2023. The 375-1 split was announced on Thursday, June 22nd 2023. The newly minted shares were distributed to shareholders after the closing bell on Thursday, June 22nd 2023. An investor that had 100 shares of stock prior to the split would have 37,500 shares after the split.

What other stocks do shareholders of Steel Connect own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Steel Connect investors own include Novavax (NVAX), BIOLASE (BIOL), Gevo (GEVO), AcelRx Pharmaceuticals (ACRX), Ayala Pharmaceuticals (ADXS), Antares Pharma (ATRS), Abraxas Petroleum (AXAS), Biocept (BIOC) and Catalyst Biosciences (CBIO).

How do I buy shares of Steel Connect?

Shares of STCN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:STCN) was last updated on 4/25/2024 by MarketBeat.com Staff

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