Systemax Inc. (NYSE:SYX) has been given an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating. Systemax’s rating score has declined by 200% from three months ago as a result of a number of analysts’ ratings changes.
Brokers have set a one year consensus price objective of $22.00 for the company, according to Zacks. Zacks has also given Systemax an industry rank of 24 out of 265 based on the ratings given to related companies.
Separately, Sidoti cut shares of Systemax from a “buy” rating to a “neutral” rating in a research note on Friday, November 10th.
Shares of Systemax (NYSE:SYX) traded down $2.22 during mid-day trading on Friday, reaching $32.30. 149,100 shares of the company traded hands, compared to its average volume of 170,800. The stock has a market cap of $1,200.00, a P/E ratio of 27.14 and a beta of 0.15. Systemax has a one year low of $7.05 and a one year high of $34.91.
The business also recently announced a None dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, January 5th will be paid a dividend of $1.50 per share. This represents a dividend yield of 1.18%. The ex-dividend date is Thursday, January 4th. Systemax’s dividend payout ratio is currently 33.61%.
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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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