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

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

Systemax declared a quarterly dividend on Tuesday, July 30th. Investors 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 dividend yield of 2.10%. The ex-dividend date is Friday, August 9th. View Systemax's Dividend History.

Systemax Inc. (NYSE:SYX) announced its quarterly earnings data on Tuesday, July, 30th. The company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.41 by $0.02. The firm had revenue of $248.60 million for the quarter, compared to the consensus estimate of $247.65 million. Systemax had a return on equity of 25.61% and a net margin of 23.14%. The business's revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.60 earnings per share. 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 brokerages have issued 12 month price targets for Systemax's shares. Their forecasts range from $34.00 to $34.00. On average, they expect Systemax's stock price to reach $34.00 in the next twelve months. This suggests a possible upside of 48.9% 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.

Headlines about SYX stock have trended somewhat negative recently, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Systemax earned a news impact score of -1.5 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Systemax.

Systemax saw a increase in short interest in 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 short-interest ratio is currently 2.2 days. Currently, 1.0% of the shares of the stock are sold short. View Systemax's Current Options Chain.

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

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 institutional and retail investors. Top institutional investors 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 acquired 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 $22.84.

Systemax has a market capitalization of $856.18 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]