NYSE:SYX

Systemax Stock Forecast, Price & News

$33.96
-0.06 (-0.18 %)
(As of 06/17/2021 12:00 AM ET)
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Today's Range
$33.01
$34.02
50-Day Range
$32.62
$45.72
52-Week Range
$18.68
$45.97
Volume135,205 shs
Average Volume87,030 shs
Market Capitalization$1.28 billion
P/E Ratio18.06
Dividend Yield1.88%
Beta0.52
30 days | 90 days | 365 days | Advanced Chart
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Systemax logo

About Systemax

Systemax Inc., through its subsidiaries, operates as a direct marketer of brand name and private label industrial and business equipment and supplies in North America. It sells a range of maintenance, repair, and operation products, including storage and shelving, material handling, janitorial and maintenance products, furniture and office products, workbenches and shop desks, HVAC/R and fans, safety and security products, outdoor and grounds maintenance products, tools and instruments, and office and school supplies. The company also sells plumbing products and pumps, packaging products and supplies, electrical and lighting products, food service products and appliances, raw materials and building supplies, motors and power transmission products, pneumatics and hydraulics, medical and laboratory equipment, metalworking and cutting tools, vehicle maintenance products, and fasteners and hardware. It offers its products under the Global, GlobalIndustrial.com, Nexel Paramount, and Interion brand names. The company offers its products to businesses, educational organizations, and government entities through relationship marketers, catalogs, and e-commerce sites. Systemax Inc. was founded in 1949 and is headquartered in Port Washington, New York.

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MarketRank

Overall MarketRank

2.57 out of 5 stars

Industrial Products Sector

5th out of 408 stocks

Industrial Machinery & Equipment Industry

1st out of 5 stocks

Analyst Opinion: 3.3Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 -
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Systemax (NYSE:SYX) Frequently Asked Questions

Is Systemax a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Systemax in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Systemax stock.
View analyst ratings for Systemax
or view top-rated stocks.

What stocks does MarketBeat like better than Systemax?

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

When is Systemax's next earnings date?

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

How were Systemax's earnings last quarter?

Systemax Inc. (NYSE:SYX) posted its quarterly earnings data on Tuesday, May, 4th. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.29 by $0.15. The firm earned $251.10 million during the quarter, compared to the consensus estimate of $253.54 million. Systemax had a net margin of 6.88% and a trailing twelve-month return on equity of 45.32%. The business's revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.21 EPS.
View Systemax's earnings history
.

How has Systemax's stock price been impacted by COVID-19 (Coronavirus)?

Systemax's stock was trading at $17.71 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SYX shares have increased by 91.8% and is now trading at $33.96.
View which stocks have been most impacted by COVID-19
.

How often does Systemax pay dividends? What is the dividend yield for Systemax?

Systemax declared a quarterly dividend on Monday, May 3rd. Shareholders of record on Monday, May 17th will be paid a dividend of $0.16 per share on Monday, May 24th. This represents a $0.64 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date of this dividend is Friday, May 14th.
View Systemax's dividend history
.

Is Systemax a good dividend stock?

Systemax pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.88%. Systemax does not yet have a strong track record of dividend growth. The dividend payout ratio of Systemax is 38.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Systemax will have a dividend payout ratio of 34.59% next year. This indicates that Systemax will be able to sustain or increase its dividend.
View Systemax's dividend history.

What price target have analysts set for SYX?

2 Wall Street analysts have issued 1 year target prices for Systemax's stock. Their forecasts range from $44.00 to $44.00. On average, they anticipate Systemax's share price to reach $44.00 in the next twelve months. This suggests a possible upside of 29.6% from the stock's current price.
View analysts' price targets for Systemax
or view top-rated stocks among Wall Street analysts.

Who are Systemax's key executives?

Systemax's management team includes the following people:
  • Mr. Richard Leeds, Exec. Chairman (Age 61, Pay $980k) (LinkedIn Profile)
  • Mr. Barry Litwin, CEO & Director (Age 54, Pay $2.44M) (LinkedIn Profile)
  • Mr. Bruce Leeds, Vice Chairman & Exec. Officer (Age 65, Pay $980k) (LinkedIn Profile)
  • Mr. Robert Leeds, Vice Chairman & Exec. Officer (Age 65, Pay $980k) (LinkedIn Profile)
  • Mr. Thomas Eugene Clark, Sr. VP & CFO (Age 39, Pay $694k)
  • Mr. Manoj Shetty, Sr. VP & Chief Information Officer (Age 60, Pay $689.1k) (LinkedIn Profile)
  • Mr. Eric M. Lerner, Sr. VP & Gen. Counsel (Age 63, Pay $907.3k) (LinkedIn Profile)
  • Mr. Ritesh Chaturbedi, Sr. VP & COO (Age 43) (LinkedIn Profile)
  • Mr. Klaus P. Werner, Sr. VP & Chief Marketing Officer (Age 53) (LinkedIn Profile)
  • Ms. Claudia Hughes, Sr. VP & Chief Sales Officer (Age 53)

What is Barry Litwin's approval rating as Systemax's CEO?

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.

Who are some of Systemax's key competitors?

What other stocks do shareholders of Systemax own?

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).

What is Systemax's stock symbol?

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

Who are Systemax's major shareholders?

Systemax's stock is owned by a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (2.91%), Mawer Investment Management Ltd. (2.68%), BlackRock Inc. (2.54%), King Luther Capital Management Corp (2.23%), Grandeur Peak Global Advisors LLC (1.14%) and Renaissance Technologies LLC (1.01%). Company insiders that own Systemax stock include Barry Litwin, Donna Fielding, Klaus Werner, Lawrence P Reinhold, Manoj Shetty, Ritesh Chaturbedi, Robert Dooley, Thomas Axmacher and Thomas Eugene Clark.
View institutional ownership trends for Systemax
.

Which institutional investors are selling Systemax stock?

SYX stock was sold by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Millennium Management LLC, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Arrowstreet Capital Limited Partnership, Walthausen & Co. LLC, King Luther Capital Management Corp, and Northern Trust Corp. Company insiders that have sold Systemax company stock in the last year include Barry Litwin, Donna Fielding, Klaus Werner, 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.

Which institutional investors are buying Systemax stock?

SYX stock was acquired by a variety of institutional investors in the last quarter, including Mawer Investment Management Ltd., JPMorgan Chase & Co., Denali Advisors LLC, Geode Capital Management LLC, Scout Investments Inc., Grandeur Peak Global Advisors LLC, Navellier & Associates Inc, and BlackRock Inc..
View insider buying and selling activity for Systemax
or or view top insider-buying stocks.

How do I buy shares of Systemax?

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.

What is Systemax's stock price today?

One share of SYX stock can currently be purchased for approximately $33.96.

How much money does Systemax make?

Systemax has a market capitalization of $1.28 billion and generates $1.03 billion in revenue each year. The company earns $65.40 million in net income (profit) each year or $1.68 on an earnings per share basis.

How many employees does Systemax have?

Systemax employs 1,480 workers across the globe.

Does Systemax have any subsidiaries?

The following companies are subsidiares of Systemax: Avenue Industrial Supply Company Limited, C&H Distribution Holdings Inc., C&H Distributors LLC, CompUSA Inc., Global Equipment Company Inc., Global Industrial Distribution Inc., Global Industrial Holdings LLC, Global Industrial Services Inc, InMac WStore SAS, Industrialsupplies.Com LLC, Misco Germany Inc., Nexel Industries Inc, Systemax Global Solutions Inc., and WStore Europe.

When was Systemax founded?

Systemax was founded in 1949.

What is Systemax's official website?

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

Where are Systemax's headquarters?

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

How can I contact Systemax?

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]


This page was last updated on 6/18/2021 by MarketBeat.com Staff
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