News coverage about Systemax (NYSE:SYX) has trended somewhat positive recently, according to Accern. The research group ranks the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Systemax earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.4091126573256 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
SYX opened at $31.64 on Friday. Systemax has a 52-week low of $30.28 and a 52-week high of $30.83. The stock has a market cap of $1.15 billion, a PE ratio of 21.54 and a beta of 0.26.
Systemax (NYSE:SYX) last issued its earnings results on Tuesday, May 1st. The company reported $0.38 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.02. The business had revenue of $355.20 million during the quarter. Systemax had a return on equity of 24.34% and a net margin of 5.58%.
The business also recently declared a quarterly dividend, which will be paid on Monday, May 21st. Stockholders of record on Monday, May 14th will be given a $0.11 dividend. The ex-dividend date of this dividend is Friday, May 11th. This represents a $0.44 annualized dividend and a dividend yield of 1.39%.
Separately, Sidoti raised Systemax from a “neutral” rating to a “buy” rating and set a $36.00 price objective on the stock in a research note on Tuesday, April 24th.
Systemax Company Profile
Systemax Inc operates as a direct marketer of brand name and private label products. Its Industrial Products Group segment sells a range of maintenance, repair, and operation products, including storage and shelving, material handling, janitorial and maintenance, furniture and office, HVAC/R and fans, workbench and shop desks, safety and security, outdoor and grounds maintenance, tools and instruments, office and school supplies, plumbing and pumps, packaging and supplies, electrical and lighting, food service and appliances, raw materials and building supplies, motors and power transmission, pneumatics and hydraulics, medical and laboratory equipment, metalworking and cutting tools, vehicle maintenance, and fasteners and hardware in North America.
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