Systemax (SYX) Given Daily News Sentiment Rating of 0.08
News articles about Systemax (NYSE:SYX) have trended somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Systemax earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave press coverage about the company an impact score of 46.348572561836 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of equities analysts have recently weighed in on SYX shares. Sidoti reissued a “neutral” rating and issued a $22.00 price target (up from $20.00) on shares of Systemax in a report on Sunday, June 25th. BidaskClub cut Systemax from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st.
Systemax (NYSE:SYX) opened at 28.10 on Thursday. Systemax has a 12-month low of $7.05 and a 12-month high of $29.50. The stock has a 50 day moving average price of $25.66 and a 200-day moving average price of $19.38. The firm’s market capitalization is $1.04 billion.
Systemax (NYSE:SYX) last released its earnings results on Tuesday, August 1st. The company reported $0.40 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.16. Systemax had a positive return on equity of 12.27% and a negative net margin of 0.87%. The company had revenue of $313.00 million during the quarter. On average, equities research analysts forecast that Systemax will post $1.26 EPS for the current year.
In other news, VP Thomas Axmacher sold 10,314 shares of the firm’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $24.45, for a total value of $252,177.30. Following the sale, the vice president now directly owns 5,125 shares of the company’s stock, valued at $125,306.25. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Lawrence P. Reinhold sold 80,203 shares of the firm’s stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $26.79, for a total value of $2,148,638.37. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 146,283 shares of company stock worth $3,788,403. Corporate insiders own 69.60% of the company’s stock.
Systemax Company Profile
Systemax Inc is a direct marketer of brand name and private label products. The Company’s segments are Industrial Products Group (IPG), EMEA Technology Products Group (EMEA), and Corporate and Other (Corporate). The IPG segment sells an array of maintenance, repair and operational (MRO) products, which are marketed in North America.
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