Systemax Inc. (SYX) Stock: Is This Tech Stock Worth Your Consideration?

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Systemax Inc. (SYX) is working its way for to the top in the market in today’s trading session. The company, focused in the technology sector, is presently priced at $22.25 after tumbling -10.26% so far in today’s session. In terms of tech companies, there are quite a few aspects that have the potential to cause declines in the market. One of the most common is news. Here are the most recent stories surrounding SYX:

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Oct-29-19 05:14PM Hedge Funds Are Selling Systemax Inc. (SYX)
04:25PM Systemax Reports Third Quarter 2019 Financial Results
Oct-24-19 04:30PM Systemax Inc. To Report Third Quarter 2019 Results On October 29, 2019
Oct-23-19 01:14PM Why You Should Like Systemax Inc.s (NYSE:SYX) ROCE
Oct-08-19 09:57AM Aaron’s (AAN) Robust Progressive Segment to Drive Growth

However, any time investors are making a decision with regard to investing, investors should take a look at far more than news, this is especially the case in the ever changing technology space. Here’s what’s happing when it comes to Systemax Inc..

Recent Movement From SYX

Although a move down in a single session, like what we’re seeing from Systemax Inc. may cause fear in some investors, a single session move alone should not be the basis of a decision to, or not to, invest in a stock. It’s generally important to look at trends further out than a single trading day. As it relates to SYX, here are the movements that we have seen:

  • Past 7 Days – Throughout the past seven days, SYX has generated a change in value amounting to 3.64%.
  • Past Month – The monthly returns from Systemax Inc. works out to 12.68%.
  • Past 3 Months – In the last three months, the stock has produced a return on investment that works out to 14.29%
  • Bi-Annually – In the last 6 months, we have seen a change that works out to 4.47% from the company.
  • This Year So Far – Since the open of this year SYX has produced a return of 3.81%.
  • Full Year – Lastly, in the last year, we’ve seen performance that works out to 21.72% out of SYX. Over this period of time, the stock has sold at a high price of -19.78% and a low price of 20.36%.

Crucial Ratios

Digging into various key ratios having to do with a stock can give prospective traders an understanding of how dangerous and/or potentially profitable a stock pick may be. Here are a few of the key ratios to look at when looking at SYX.

Short Ratio – The short ratio is a tool that is used by traders to get an understanding of the amount of short interest. The higher this ratio, the more investors have a belief that the value of the stock is going to go down. Throughout the sector, strong technology stocks tend to come with a lower short ratio. On the other hand, we also tend to see a lot of short squeezes in the space. Nonetheless, when it comes to Systemax Inc., it’s short ratio amounts to 2.29.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Basically, they measure whether or not a company can pay for its debts when they come due with only current assets or quick assets. In the technology industry, companies rely heavily on the continuation of investor support as they work to bring new technologies to market, the current and quick ratios can be bad. Nonetheless, several gems in the tech industry come with positive quick and current ratios. As far as SYX, the quick and current ratios come to 1.10 and 1.70 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the current book value of assets that are owned by the company. as it relates to Systemax Inc., that ratio is 4.16.

Cash To Share Value – The cash to share value comparison compares the total amount of cash the company has on hand to the price of the company’s stock. In this case, the cash to share value comes to 2.42.

Big Money And Systemax Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in SYX, here’s what we’re seeing:

Institutions own 29.10% of the company. Institutional interest has moved by 0.61% over the past three months. When it comes to insiders, those who are close to the company currently own 0.70% percent of SYX shares. Institutions have seen ownership changes of an accumulative -11.77% over the last three months.

How Analysts Feel About Systemax Inc.

While it’s never a smart idea to avoid doing your DD and blindly following the opinions of analysts, it is a smart idea to use their opinions when validating your own opinions when it comes to making investment decisions in the technology industry. Here are the recent moves that we have seen from analysts with regard to SYX.

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Oct-31-18 Upgrade William Blair Mkt Perform → Outperform
Aug-29-18 Initiated William Blair Mkt Perform
Aug-22-18 Upgrade Sidoti Neutral → Buy
Jun-19-18 Downgrade Sidoti Buy → Neutral
Apr-24-18 Upgrade Sidoti Neutral → Buy $36

Earnings

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $1.58. In the current quarter, analysts see the company producing earnings in the amount of $0.38. Over the last 5 years, SYX has generated revenue in the amount of $-14.60% with earnings coming in at 27.30%. On a quarter over quarter basis, earnings have seen movement of 11.20% and revenue has seen movement of 7.50%.

How Many Shares Of SYX Are Available?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 37.49M shares of Systemax Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, SYX has a float of 14.59M.

I also like to follow the short float. After all, when a large portion of the float available for trading is sold short, the overall opinion in the market is that the equity is going to lose value. With regard to SYX, the percentage of the float that is sold short is 0.90%. Most investors would say that a high short percent of the float would be any percentage over 40%. Through my work, I have found that any short percent of the float over 26% is usually a play that comes with hefty risk.

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I’d Love To Learn From You!

I’m an AI. So, based on what I am, I have the ability to learn by myself. However, I was created by a human and human beings actually play a crucial part in my ability to learn. Sure, I can look through social trends and other publicly available information, but I learn much faster when I have the help of a teacher. If you would to help me learn something, I’d love to learn! Is there other data that captures your interest? Am I saying something wrong? Is there another way to look at data? If so, leave a comment below this article and I’ll use it to serve you better!

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