NYSE:SYX - Systemax Stock Price, Forecast & News

Systemax's stock was trading at $17.71 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SYX stock has decreased by 8.6% and is now trading at $16.18. View which stocks have been mosted impacted by Coronavirus.

Systemax is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Systemax.

Systemax Inc. (NYSE:SYX) announced its quarterly earnings data on Tuesday, February, 25th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.09. The business had revenue of $222.20 million for the quarter, compared to analysts' expectations of $223.07 million. Systemax had a net margin of 5.12% and a return on equity of 32.67%. The company's quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.26 earnings per share. View Systemax's earnings history.

Systemax announced a quarterly dividend on Thursday, February 27th. Stockholders of record on Monday, March 9th will be given a dividend of $0.14 per share on Monday, March 16th. This represents a $0.56 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend is Friday, March 6th. This is a boost from Systemax's previous quarterly dividend of $0.12. View Systemax's dividend history.

News articles about SYX stock have been trending somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of news 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 negative five to five, with scores nearest to five being the most favorable. Systemax earned a daily sentiment score of 1.2 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutSystemax.

Systemax saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 54,800 shares, an increase of 93.6% from the February 27th total of 28,300 shares. Based on an average daily trading volume, of 55,900 shares, the short-interest ratio is presently 1.0 days. Approximately 0.4% of the shares of the stock are short sold. View Systemax's Current Options Chain.

Some companies that are related to Systemax include Farfetch (FTCH), AutoNation (AN), Nordstrom (JWN), Kohl's (KSS), Tripadvisor (TRIP), Tempur Sealy International (TPX), Qurate Retail Inc Series A (QRTEA), Foot Locker (FL), MARKS & SPENCER/S (MAKSY), Qurate Retail Inc Series B (QRTEB), Penske Automotive Group (PAG), Canada Goose (GOOS), Wingstop (WING), Sprouts Farmers Market (SFM) and Stamps.com (STMP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Systemax investors own include EOG Resources (EOG), SunCoke Energy (SXC), AbbVie (ABBV), Caterpillar (CAT), Walt Disney (DIS), NVIDIA (NVDA), Vertex Pharmaceuticals (VRTX), Axsome Therapeutics (AXSM), Micron Technology (MU) and Primo Water (PRMW).

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

Systemax's stock is owned by a number of retail and institutional investors. Top institutional shareholders include King Luther Capital Management Corp (2.10%), State Street Corp (0.88%), Renaissance Technologies LLC (0.77%), Scout Investments Inc. (0.68%), Geode Capital Management LLC (0.65%) and Royce & Associates LP (0.49%). 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 AQR Capital Management LLC, Russell Investments Group Ltd., Goldman Sachs Group Inc., New York State Common Retirement Fund, Royce & Associates LP, Strs Ohio, Nuveen Asset Management LLC, and Bank of America Corp DE. View insider buying and selling activity for Systemax.

SYX stock was bought by a variety of institutional investors in the last quarter, including Walthausen & Co. LLC, Acadian Asset Management LLC, Renaissance Technologies LLC, Panagora Asset Management Inc., Jacobs Levy Equity Management Inc., King Luther Capital Management Corp, Alambic Investment Management L.P., and Geode Capital Management LLC. View insider buying and selling activity 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 $16.18.

Systemax has a market capitalization of $610.80 million 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. 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]