Systemax Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Systemax in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Systemax stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SYX, but not buy additional shares or sell existing shares.
View analyst ratings for Systemax or view top-rated stocks.

Wall Street analysts have given Systemax a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Systemax wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Systemax saw a increase in short interest in January. As of January 29th, there was short interest totaling 160,400 shares, an increase of 62.3% from the January 14th total of 98,800 shares. Based on an average daily volume of 98,000 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.2% of the company's shares are sold short.
View Systemax's Short Interest.

Systemax is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for Systemax.

Systemax Inc. (NYSE:SYX) issued its quarterly earnings data on Tuesday, February, 23rd. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.45 by $0.03. The business had revenue of $273.90 million for the quarter, compared to analysts' expectations of $258.46 million. Systemax had a net margin of 6.21% and a trailing twelve-month return on equity of 37.46%. The firm's revenue for the quarter was up 23.3% on a year-over-year basis. During the same period last year, the business earned $0.30 EPS.
View Systemax's earnings history.

Systemax's stock was trading at $17.71 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SYX stock has increased by 100.3% and is now trading at $35.47.
View which stocks have been most impacted by COVID-19.

Systemax announced a quarterly dividend on Tuesday, February 23rd. Shareholders of record on Monday, March 8th will be paid a dividend of $0.16 per share on Monday, March 15th. This represents a $0.64 annualized dividend and a yield of 1.80%. The ex-dividend date is Friday, March 5th. This is a positive change from Systemax's previous quarterly dividend of $0.14.
View Systemax's dividend history.

Systemax pays an annual dividend of $0.56 per share and currently has a dividend yield of 1.52%. Systemax does not yet have a strock track record of dividend growth. The dividend payout ratio of Systemax is 42.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Systemax will have a dividend payout ratio of 31.11% next year. This indicates that Systemax will be able to sustain or increase its dividend.
View Systemax's dividend history.

2 analysts have issued 1-year price objectives for Systemax's stock. Their forecasts range from $46.00 to $46.00. On average, they expect Systemax's share price to reach $46.00 in the next year. This suggests a possible upside of 29.7% from the stock's current price.
View analysts' price targets for Systemax or view top-rated stocks among Wall Street analysts.

8 employees have rated Systemax CEO Barry Litwin on Glassdoor.com. Barry Litwin has an approval rating of 57% among Systemax's employees. This puts Barry Litwin in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Systemax include The Berkeley Group (BKG), NSK (NPSKY), Flowserve (FLS), Xerox (XRX), G4S (GFSZY), Valmont Industries (VMI), RBC Bearings (ROLL), Andritz (ADRZY), MSC Industrial Direct (MSM), UniFirst (UNF), Metso (MXCYY), The Weir Group (WEIR), SNC-Lavalin Group (SNC), John Bean Technologies (JBT) and Graphic Packaging (GPK).
View all of SYX's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Systemax investors own include NVIDIA (NVDA), EOG Resources (EOG), The Walt Disney (DIS), Micron Technology (MU), Vertex Pharmaceuticals (VRTX), AbbVie (ABBV), Caterpillar (CAT), Pfizer (PFE), Carnival Co. & (CCL) and salesforce.com (CRM).

Systemax trades on the New York Stock Exchange (NYSE) under the ticker symbol "SYX."

Systemax's stock is owned by a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (3.07%), BlackRock Inc. (2.50%), King Luther Capital Management Corp (2.30%), Mawer Investment Management Ltd. (1.36%), Renaissance Technologies LLC (1.17%) and Royce & Associates LP (0.68%). Company insiders that own Systemax stock include Barry Litwin, Donna Fielding, Lawrence P Reinhold, Manoj Shetty, Ritesh Chaturbedi, Robert Dooley, Thomas Axmacher and Thomas Eugene Clark.
View institutional ownership trends for Systemax.

SYX stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, Walthausen & Co. LLC, First Trust Advisors LP, QS Investors LLC, Barclays PLC, Northern Trust Corp, and Pendal Group Limited. Company insiders that have sold Systemax company stock in the last year include Barry Litwin, Donna Fielding, Lawrence P Reinhold, Manoj Shetty, Ritesh Chaturbedi, Robert Dooley, Thomas Axmacher, and Thomas Eugene Clark.
View insider buying and selling activity for Systemax or view top insider-selling stocks.

SYX stock was acquired by a variety of institutional investors in the last quarter, including Mawer Investment Management Ltd., Morgan Stanley, JPMorgan Chase & Co., Bank of New York Mellon Corp, Victory Capital Management Inc., Los Angeles Capital Management LLC, BlackRock Inc., and Tudor Investment Corp Et Al.
View insider buying and selling activity for Systemax or or view top insider-buying stocks.

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

One share of SYX stock can currently be purchased for approximately $35.47.

Systemax has a market capitalization of $1.33 billion and generates $946.90 million in revenue each year. The company earns $48.50 million in net income (profit) each year or $1.32 on an earnings per share basis.

Systemax employs 1,430 workers across the globe.

The official website for Systemax is www.systemax.com.

Systemax is headquartered at 11 HARBOR PARK DRIVE, PORT WASHINGTON NY, 11050.

Systemax's mailing address is 11 HARBOR PARK DRIVE, PORT WASHINGTON NY, 11050. The company can be reached via phone at 516-608-7000 or via email at [email protected]