NYSE:SYXSystemax Stock Price, Forecast & News

$21.20

+0.61 (+2.96 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

$20.72

Now: $21.20▼

$21.43

50-Day Range

$17.33

MA: $19.27▼

$21.20

52-Week Range

$14.00

Now: $21.20▼

$26.57

Volume159,600 shs

Average Volume82,344 shs

Market Capitalization$794.36 million

P/E Ratio17.38

Dividend Yield2.64%

Beta0.51

Systemax Inc. 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, 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 for-profit businesses, educational organizations, and government entities through its relationship marketers, catalog mailings, and e-commerce sites. Systemax Inc. was founded in 1949 and is headquartered in Port Washington, New York.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Systemax.

2.3 Community Rank

Outperform Votes
Systemax has received 235 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Systemax has received 279 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Systemax has received 54.28% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Systemax and other stocks. Vote “Outperform” if you believe SYX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SYX will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Systemax is a leading dividend payer. It pays a dividend yield of 2.64%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Systemax has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Systemax is 42.42 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Systemax will have a dividend payout ratio of 43.08 % next year. This indicates that Systemax will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Systemax insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,485.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
67.20% of the stock of Systemax is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 28.88% of the stock of Systemax is held by institutions.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Systemax are expected to grow by 18.18% in the coming year, from $1.10 to $1.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Systemax is 17.38, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.48.
Price to Earnings Ratio vs. Sector
The P/E ratio of Systemax is 17.38, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.09.
Price to Book Value per Share Ratio
Systemax has a P/B Ratio of 4.53. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.18 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Industrial machinery & equipment

Sub-IndustryComputer & Electronics Retail

SectorRetail/Wholesale

Current SymbolNYSE:SYX

Previous Symbol

CUSIP87185110

CIK945114

Webwww.systemax.com

Phone516-608-7000

Debt

Debt-to-Equity Ratio0.41

Current Ratio1.66

Quick Ratio1.00

Price-To-Earnings

Trailing P/E Ratio17.38

Forward P/E Ratio19.27

P/E GrowthN/A

Sales & Book Value

Annual Sales$946.90 million

Price / Sales0.84

Cash Flow$1.44 per share

Price / Cash Flow14.71

Book Value$4.68 per share

Price / Book4.53

Profitability

EPS (Most Recent Fiscal Year)$1.32

Net Income$48.50 million

Net Margins4.99%

Return on Equity31.30%

Return on Assets12.85%

Miscellaneous

Employees1,430

Outstanding Shares37,470,000

Market Cap$794.36 million

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Systemax (NYSE:SYX) Frequently Asked Questions

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

Systemax's stock was trading at $17.71 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SYX stock has increased by 19.7% and is now trading at $21.20. View which stocks have been most impacted by Coronavirus.

When is Systemax's next earnings date?

Systemax is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Systemax.

How were Systemax's earnings last quarter?

Systemax Inc. (NYSE:SYX) released its quarterly earnings results on Tuesday, April, 28th. The company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by $0.05. The business earned $227.30 million during the quarter, compared to analysts' expectations of $234.59 million. Systemax had a net margin of 4.99% and a return on equity of 31.30%. The business's quarterly revenue was down 2.0% on a year-over-year basis. During the same period last year, the business posted $0.29 EPS. View Systemax's earnings history.

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

Systemax declared a quarterly dividend on Thursday, April 30th. Shareholders of record on Monday, May 11th will be given a dividend of $0.14 per share on Monday, May 18th. This represents a $0.56 annualized dividend and a yield of 2.64%. The ex-dividend date of this dividend is Friday, May 8th. View Systemax's dividend history.

Has Systemax been receiving favorable news coverage?

News stories about SYX stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Systemax earned a news impact score of -1.4 on InfoTrie's scale. They also gave media stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutSystemax.

Are investors shorting Systemax?

Systemax saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 69,500 shares, an increase of 7.4% from the April 30th total of 64,700 shares. Based on an average daily trading volume, of 77,600 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.5% of the company's stock are short sold. View Systemax's Current Options Chain.

Who are some of Systemax's key competitors?

Some companies that are related to Systemax include Foot Locker (FL), Sprouts Farmers Market (SFM), Penske Automotive Group (PAG), Lithia Motors (LAD), Tripadvisor (TRIP), Travis Perkins (TVPKF), Nordstrom (JWN), Papa John's Int'l (PZZA), Builders FirstSource (BLDR), Capri (CPRI), Aaron's (AAN), Cracker Barrel Old Country Store (CBRL), Stitch Fix (SFIX), MARKS & SPENCER/S (MAKSY) and Canada Goose (GOOS). View all 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 EOG Resources (EOG), Walt Disney (DIS), NVIDIA (NVDA), AbbVie (ABBV), Caterpillar (CAT), Verizon Communications (VZ), Ring Energy (REI), Ring Energy (REI), SunCoke Energy (SXC) and Vertex Pharmaceuticals (VRTX).

Who are Systemax's key executives?

Systemax's management team includes the following people:

Mr. Richard Leeds, Exec. Chairman (Age 59)
Mr. Barry Litwin, CEO & Director (Age 52)
Mr. Thomas Eugene Clark, VP & CFO (Age 37)
Mr. Dave Kipe, Sr. VP & COO (Age 46)
Mr. Robert Dooley, Pres of Industrial Products Group (Age 65)

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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (2.44%), King Luther Capital Management Corp (2.25%), Grandeur Peak Global Advisors LLC (0.93%), Wasatch Advisors Inc. (0.77%), State Street Corp (0.73%) and Geode Capital Management LLC (0.66%). Company insiders that own Systemax stock include David Kipe, Lawrence P Reinhold, 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 Morgan Stanley, State Street Corp, Russell Investments Group Ltd., Grandeur Peak Global Advisors LLC, AQR Capital Management LLC, JPMorgan Chase & Co., Squarepoint Ops LLC, and Carillon Tower Advisers Inc.. View insider buying and selling activity for Systemax.

Which institutional investors are buying Systemax stock?

SYX stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., King Luther Capital Management Corp, Wasatch Advisors Inc., Grantham Mayo Van Otterloo & Co. LLC, Bank of New York Mellon Corp, Dynamic Technology Lab Private Ltd, IndexIQ Advisors LLC, and Invesco Ltd.. View insider buying and selling activity for Systemax.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Systemax's stock price today?

One share of SYX stock can currently be purchased for approximately $21.20.

How big of a company is Systemax?

Systemax has a market capitalization of $794.36 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.

What is Systemax's official website?

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

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 6/4/2020 by MarketBeat.com Staff