Systemax Stock Price, News & Analysis (NYSE:SYX)

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

Systemax declared a quarterly dividend on Tuesday, July 30th. Investors of record on Monday, August 12th will be paid a dividend of $0.12 per share on Monday, August 19th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.08%. The ex-dividend date is Friday, August 9th. View Systemax's Dividend History.

Systemax Inc. (NYSE:SYX) released its quarterly earnings results on Tuesday, July, 30th. The company reported $0.43 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.41 by $0.02. The firm had revenue of $248.60 million for the quarter, compared to analyst estimates of $247.65 million. Systemax had a net margin of 23.14% and a return on equity of 25.61%. The business's quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.60 earnings per share. View Systemax's Earnings History.

Systemax is scheduled to release their next quarterly earnings announcement on Tuesday, October 29th 2019. View Earnings Estimates for Systemax.

2 brokerages have issued 1-year price targets for Systemax's stock. Their predictions range from $34.00 to $34.00. On average, they expect Systemax's share price to reach $34.00 in the next year. This suggests a possible upside of 47.1% from the stock's current price. View Analyst Price Targets for Systemax.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Systemax in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Systemax.

Media stories about SYX stock have been trending very negative on Thursday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Systemax earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Systemax.

Systemax saw a increase in short interest in September. As of September 30th, there was short interest totalling 131,000 shares, an increase of 9.7% from the August 30th total of 119,400 shares. Based on an average trading volume of 60,300 shares, the short-interest ratio is currently 2.2 days. Currently, 1.0% of the company's stock are sold short. View Systemax's Current Options Chain.

Some companies that are related to Systemax include GREENE KING PLC/S (GKNGY), WOOLWORTHS HOLD/GDR (WLWHY), KAR Auction Services (KAR), Lithia Motors (LAD), ASOS PLC/ADR (ASOMY), JUST EAT PLC/ADR (JSTTY), Builders FirstSource (BLDR), Wingstop (WING), Urban Outfitters (URBN), Farfetch (FTCH), American Eagle Outfitters (AEO), Stitch Fix (SFIX), Jack in the Box (JACK), GOME ELECTRICAL/ADR (GMELY) and Sprouts Farmers Market (SFM).

Based on aggregate information from My MarketBeat watchlists, some companies that other Systemax investors own include EOG Resources (EOG), Micron Technology (MU), NVIDIA (NVDA), Vertex Pharmaceuticals (VRTX), Axsome Therapeutics (AXSM), Caterpillar (CAT), SunCoke Energy (SXC), Walt Disney (DIS), EnLink Midstream (ENLC) and Rayonier Advanced Materials (RYAM).

Systemax's stock is owned by a number of of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.66%) and Assenagon Asset Management S.A. (0.37%). Company insiders that own Systemax stock include David Kipe, Lawrence P Reinhold, 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 Scout Investments Inc.. Company insiders that have sold Systemax company stock in the last year include Lawrence P Reinhold, Robert Dooley and Thomas Eugene Clark. View Insider Buying and Selling for Systemax.

SYX stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A.. View Insider Buying and Selling for Systemax.

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

One share of SYX stock can currently be purchased for approximately $23.11.

Systemax has a market capitalization of $866.30 million and generates $896.90 million in revenue each year. The company earns $224.70 million in net income (profit) each year or $1.24 on an earnings per share basis. Systemax employs 1,550 workers across the globe.View Additional Information About Systemax.

The official website for Systemax is http://www.systemax.com/.

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]