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

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

Systemax announced a quarterly dividend on Tuesday, July 30th. Shareholders 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 annualized dividend and a yield of 2.01%. The ex-dividend date is Friday, August 9th. View Systemax's Dividend History.

Systemax Inc. (NYSE:SYX) released its earnings results on Tuesday, July, 30th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.41 by $0.02. The company earned $248.60 million during the quarter, compared to analysts' expectations of $247.65 million. Systemax had a return on equity of 25.61% and a net margin of 23.14%. The company's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 EPS. 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 analysts have issued 12 month price targets for Systemax's stock. Their forecasts range from $34.00 to $34.00. On average, they expect Systemax's share price to reach $34.00 in the next twelve months. This suggests a possible upside of 42.1% 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.

Press coverage about SYX stock has been trending somewhat negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by reviewing 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 closest to five being the most favorable. Systemax earned a media sentiment score of -1.7 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Systemax.

Systemax saw a increase in short interest during the month of 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 daily volume of 60,300 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.0% of the shares of the company are sold short. View Systemax's Current Options Chain.

Some companies that are related to Systemax include KAR Auction Services (KAR), Texas Roadhouse (TXRH), Restoration Hardware (RH), GREENE KING PLC/S (GKNGY), WOOLWORTHS HOLD/GDR (WLWHY), Lithia Motors (LAD), JUST EAT PLC/ADR (JSTTY), Urban Outfitters (URBN), Builders FirstSource (BLDR), Wingstop (WING), American Eagle Outfitters (AEO), Farfetch (FTCH), Beacon Roofing Supply (BECN), Stitch Fix (SFIX) and Jack in the Box (JACK).

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 shareholders 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 bought 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 $23.93.

Systemax has a market capitalization of $897.04 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]