Systemax Stock Forecast, Price & News

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

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.

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.
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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.

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.

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.
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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 KnowBe4 (KNBE), RBC Bearings (ROLL), Graphic Packaging (GPK), The Weir Group (WEIR), MSC Industrial Direct (MSM), Chart Industries (GTLS), NSK (NPSKY), Valmont Industries (VMI), Metso (MXCYY), Silgan (SLGN), Xerox (XRX), UniFirst (UNF), John Bean Technologies (JBT), Resideo Technologies (REZI) and Alarm.com (ALRM).
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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 (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.

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.

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.

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

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.

Systemax employs 1,480 workers across the globe.

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.

Systemax was founded in 1949.

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]