Steel Connect Stock Analysis

Steel Stock Analysis Notes

About 67.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.41. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Steel Connect last dividend was issued on the 15th of March 2011. The entity had 375:3500 split on the 22nd of June 2023. Steel Connect, Inc., together with its subsidiaries, provides direct marketing and supply chain services in the United States, Mainland China, and internationally. Steel Connect, Inc. was incorporated in 1986 and is headquartered in Smyrna, Tennessee. Steel Connect operates under Advertising Agencies classification in the United States and is traded on NASDAQ Exchange. It employs 3120 people. To find out more about Steel Connect contact Fawaz Khalil at 914 461 1276 or learn more at https://www.steelconnectinc.com.

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Steel Connect Environmental, Social, and Governance (ESG) Scores

Steel Stock Institutional Investors

Note, although Steel Connect's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Steel Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 65.49 M.

Steel Profitablity

The company has Profit Margin (PM) of 0.51 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.02 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.02.

Management Efficiency

Steel Connect has return on total asset (ROA) of 0.0104 % which means that it generated a profit of $0.0104 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.252 %, meaning that it created $0.252 on every $100 dollars invested by stockholders. Steel Connect's management efficiency ratios could be used to measure how well Steel Connect manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to grow to 0.21. Also, Return On Capital Employed is likely to grow to 0.02. At this time, Steel Connect's Return On Assets are very stable compared to the past year.

Technical Drivers

As of the 22nd of November, Steel Connect has the Coefficient Of Variation of (2,757), variance of 9.31, and Risk Adjusted Performance of (0.02). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Steel Connect, as well as the relationship between them.

Steel Connect Price Movement Analysis

Steel Connect Insider Trading Activities

Steel Connect Outstanding Bonds

Steel Connect Predictive Daily Indicators

Steel Connect Corporate Filings

Steel Connect Forecast Models

Steel Connect's time-series forecasting models are one of many Steel Connect's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Steel Connect's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Steel Connect prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Steel shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Steel Connect. By using and applying Steel Stock analysis, traders can create a robust methodology for identifying Steel entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Steel analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Steel analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Steel Connect stock analysis indicators help investors evaluate how Steel Connect stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Steel Connect shares will generate the highest return on investment. By understating and applying Steel Connect stock analysis, traders can identify Steel Connect position entry and exit signals to maximize returns.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steel Connect. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Steel Stock, please use our How to Invest in Steel Connect guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

Is Data Processing & Outsourced Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steel Connect. If investors know Steel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steel Connect listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Steel Connect is measured differently than its book value, which is the value of Steel that is recorded on the company's balance sheet. Investors also form their own opinion of Steel Connect's value that differs from its market value or its book value, called intrinsic value, which is Steel Connect's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steel Connect's market value can be influenced by many factors that don't directly affect Steel Connect's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Steel Connect's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steel Connect is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steel Connect's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.