Systemax Stock Forecast, Price & News

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 shares have increased by 23.4% and is now trading at $21.86.
View which stocks have been most impacted by COVID-19.

Systemax is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Systemax.

Systemax Inc. (NYSE:SYX) announced its earnings results on Tuesday, July, 28th. The company reported $0.40 EPS for the quarter, beating analysts' consensus estimates of $0.20 by $0.20. The firm earned $242.10 million during the quarter, compared to analyst estimates of $208.05 million. Systemax had a net margin of 5.22% and a return on equity of 31.03%. The company's revenue was down 2.6% on a year-over-year basis. During the same quarter last year, the business earned $0.38 earnings per share.
View Systemax's earnings history.

Systemax announced a quarterly dividend on Monday, July 27th. Investors of record on Monday, August 10th will be paid a dividend of $0.14 per share on Monday, August 17th. This represents a $0.56 annualized dividend and a dividend yield of 2.56%. The ex-dividend date is Friday, August 7th.
View Systemax's dividend history.

Systemax saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 91,700 shares, a decline of 16.9% from the August 15th total of 110,400 shares. Based on an average trading volume of 72,700 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.7% of the company's stock are short sold.
View Systemax's Short Interest.

Some companies that are related to Systemax include Canada Goose (GOOS), Capri (CPRI), Overstock.com (OSTK), Stitch Fix (SFIX), Qurate Retail Inc Series A (QRTEA), Travis Perkins (TVPKF), Papa John's Int'l (PZZA), Shake Shack (SHAK), Cracker Barrel Old Country Store (CBRL), BMC Stock (BMCH), Tripadvisor (TRIP), MARKS & SPENCER/S (MAKSY), Sprouts Farmers Market (SFM), American Eagle Outfitters (AEO) and WOOLWORTHS HOLD/GDR (WLWHY).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Systemax investors own include NVIDIA (NVDA), Walt Disney (DIS), EOG Resources (EOG), Vertex Pharmaceuticals (VRTX), Caterpillar (CAT), Micron Technology (MU), AbbVie (ABBV), salesforce.com (CRM), Occidental Petroleum (OXY) and Pfizer (PFE).

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

Systemax's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (2.75%), King Luther Capital Management Corp (2.25%), Wasatch Advisors Inc. (0.76%), Scout Investments Inc. (0.64%), Assenagon Asset Management S.A. (0.53%) and Bank of New York Mellon Corp (0.48%). Company insiders that own Systemax stock include Donna Fielding, Lawrence P Reinhold, Ritesh Chaturbedi, Robert Dooley 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 Nuveen Asset Management LLC, AQR Capital Management LLC, Stone Ridge Asset Management LLC, Vanguard Group Inc., Russell Investments Group Ltd., WINTON GROUP Ltd, Wasatch Advisors Inc., and Grantham Mayo Van Otterloo & Co. LLC. Company insiders that have sold Systemax company stock in the last year include Donna Fielding, and Lawrence P Reinhold.
View insider buying and selling activity for Systemax.

SYX stock was purchased by a variety of institutional investors in the last quarter, including UBS Group AG, Foundry Partners LLC, Assenagon Asset Management S.A., Goldman Sachs Group Inc., Engineers Gate Manager LP, First Trust Advisors LP, Trexquant Investment LP, and Bank of America Corp DE.
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 $21.86.

Systemax has a market capitalization of $819.42 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.

The official website for Systemax is 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 investin[email protected]