Stock Ideas
New
StocksFundsScreenerSectorsWatchlists
STCN

STCN - Steel Connect Inc Stock Price, Fair Value and News

12.02USD-0.46 (-3.69%)Market Closed

Market Summary

STCN
USD12.02-0.46
Market Closed
-3.69%

STCN Alerts

  • 1 major insider buys recently.

STCN Stock Price

View Fullscreen

STCN RSI Chart

STCN Valuation

Market Cap

75.6M

Price/Earnings (Trailing)

3.6

Price/Sales (Trailing)

0.44

EV/EBITDA

-7.79

Price/Free Cashflow

6.49

STCN Price/Sales (Trailing)

STCN Profitability

Operating Margin

27.32%

EBT Margin

13.00%

Return on Equity

27.1%

Return on Assets

5.08%

Free Cashflow Yield

15.41%

STCN Fundamentals

STCN Revenue

Revenue (TTM)

171.3M

Rev. Growth (Yr)

-15.23%

Rev. Growth (Qtr)

4.12%

STCN Earnings

Earnings (TTM)

21.0M

Earnings Growth (Yr)

1.1K%

Earnings Growth (Qtr)

20.51%

Breaking Down STCN Revenue

Last 7 days

-0.9%

Last 30 days

35.5%

Last 90 days

30.2%

Trailing 12 Months

56.1%

How does STCN drawdown profile look like?

STCN Financial Health

Current Ratio

4.25

Debt/Equity

4.73

Debt/Cashflow

0.04

STCN Investor Care

Buy Backs (1Y)

3.49%

Diluted EPS (TTM)

0.66

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024171.3M000
2023357.0M351.6M189.1M179.1M
2022374.4M376.5M353.5M360.5M
2021470.1M535.9M601.7M476.1M
2020839.1M822.4M338.5M404.3M
2019810.4M810.4M819.8M829.9M
2018454.0M550.0M645.3M757.9M
2017436.9M438.4M436.6M417.8M
2016487.0M477.2M459.0M439.3M
2015673.7M606.7M561.7M515.3M
2014739.4M739.7M723.4M719.4M
2013747.2M746.6M754.5M748.9M
2012742.0M709.0M713.9M713.2M
201100845.3M806.8M
20100000
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Steel Connect Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 26, 2024
steel partners holdings l.p.
bought
563,966
11.996
47,013
-
Apr 25, 2024
steel partners holdings l.p.
bought
743,600
11.9935
62,000
-
Apr 24, 2024
steel partners holdings l.p.
bought
1,875,680
11.9995
156,313
-
Apr 18, 2024
steel partners holdings l.p.
bought
6,893,250
9.83
701,246
-
Apr 12, 2024
steel partners holdings l.p.
bought
56.1
9.35
6.00
-
Apr 11, 2024
steel partners holdings l.p.
bought
223,775
9.4428
23,698
-
Apr 10, 2024
steel partners holdings l.p.
bought
166,169
8.9314
18,605
-
Apr 01, 2024
kassan glen m
acquired
-
-
2,737
-
Apr 01, 2024
lichtenstein warren g
acquired
-
-
2,737
exec chairman, interim ceo
Apr 01, 2024
martin joseph richards
acquired
-
-
2,737
-

1–10 of 50

Which funds bought or sold STCN recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 02, 2024
NJ State Employees Deferred Compensation Plan
unchanged
-
-2,250
211,950
0.03%
May 01, 2024
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
sold off
-
-
-
-%
May 01, 2024
Compagnie Lombard Odier SCmA
unchanged
-
-9.00
791
-%
Apr 24, 2024
Newbridge Financial Services Group, Inc.
unchanged
-
-8.00
503
-%
Apr 23, 2024
Summit Trail Advisors, LLC
unchanged
-
-1,518
99,360
-%
Apr 19, 2024
FORVIS Wealth Advisors, LLC
reduced
-3.2
-7,009
143,451
-%
Apr 17, 2024
Alpha Omega Wealth Management LLC
unchanged
-
-2,066
135,185
0.03%
Mar 11, 2024
VANGUARD GROUP INC
added
1.56
-107,437
1,471,670
-%
Feb 14, 2024
Royal Bank of Canada
new
-
1,000
1,000
-%
Feb 14, 2024
GAMCO INVESTORS, INC. ET AL
added
6.01
-42,608
1,522,880
0.02%

1–10 of 24

Are Funds Buying or Selling STCN?

Are funds buying STCN calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own STCN
No. of Funds

Unveiling Steel Connect Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 25, 2024
gamco investors, inc. et al
4.52%
284,174
SC 13D/A
Apr 22, 2024
steel partners holdings l.p.
10.1%
636,447
SC 13D/A
Apr 18, 2024
steel partners holdings l.p.
10.1%
636,447
SC 13D/A
Dec 29, 2023
steel partners holdings l.p.
10.2%
636,447
SC 13D/A
Jul 28, 2023
gamco investors, inc. et al
5.06%
330,380
SC 13D/A
May 02, 2023
steel partners holdings l.p.
9.8%
5,940,170
SC 13D/A
Nov 17, 2022
steel partners holdings l.p.
14.0%
8,436,715
SC 13D/A
Oct 12, 2022
gamco investors, inc. et al
4.36%
2,639,945
SC 13D/A
Jun 14, 2022
steel partners holdings l.p.
14.0%
8,436,715
SC 13D/A
Jun 01, 2022
steel partners holdings l.p.
14.0%
8,436,715
SC 13D/A

Recent SEC filings of Steel Connect Inc

View All Filings
Date Filed Form Type Document
May 03, 2024
8-K
Current Report
Apr 26, 2024
4
Insider Trading
Apr 25, 2024
SC 13D/A
13D - Major Acquisition
Apr 22, 2024
4
Insider Trading
Apr 22, 2024
SC 13D/A
13D - Major Acquisition
Apr 18, 2024
SC 13D/A
13D - Major Acquisition
Apr 17, 2024
4
Insider Trading
Apr 09, 2024
8-K
Current Report
Apr 03, 2024
4
Insider Trading
Apr 03, 2024
4
Insider Trading

Peers (Alternatives to Steel Connect Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
18.2B
14.9B
-2.16% 5.75%
12.25
1.22
3.89% 8.20%
11.6B
10.9B
-4.51% -10.29%
10.7
1.07
-0.15% 19.70%
MID-CAP
2.5B
1.4B
-10.02% -18.52%
59.82
1.82
-1.94% -34.90%
2.1B
3.2B
-13.88% 77.27%
24.17
0.65
7.78% 135.65%
SMALL-CAP
2.1B
2.0B
6.39% 19.75%
29.37
1.1
0.16% 407.18%
657.7M
309.2M
12.02% 79.86%
-4.88
2.13
3.57% 71.05%
22.6M
43.1M
1.68% -41.55%
-0.93
0.52
6.46% -410.38%
6.3M
29.7M
-14.56% -46.99%
-0.81
0.24
-13.28% -56.29%

Steel Connect Inc News

Latest updates
Defense World • 30 Apr 2024 • 06:19 am
Investing.com South Africa • 27 Apr 2024 • 02:45 am
Markets Insider • 18 Apr 2024 • 07:00 am
StockNews.com • 3 months ago

Steel Connect Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue4.1%43,04541,34140,80446,14250,78151,359203,27251,54854,32244,354226,25649,434156,047169,934173,643177,351215,452225,153204,471194,003206,223
Cost Of Revenue6.1%31,69829,86629,74933,21837,71937,09441,06442,30343,42134,948-35,67639,531120,197129,466-220,310143,881170,203180,907167,345157,142168,680
Gross Profit-1.1%11,34711,47511,05512,92413,06214,26511,9859,24510,9019,406-15,0519,90335,85040,468-59,19333,47045,24944,24637,12636,86137,543
Operating Expenses-0.5%9,6259,6709,43412,61910,45910,38611,4749,21410,8508,835-5,59212,41727,16933,393-55,71432,40338,07629,50470,22434,70435,417
  S&GA Expenses-0.7%8,7328,7958,52312,61910,45910,38611,9029,2149,9948,83535512,41721,81026,858-34,99525,87231,16522,22762,46127,42627,626
EBITDA Margin34.8%0.15*0.11*0.11*0.05*0.04*0.04*0.02*-0.01*-0.05*-0.01*0.01*-0.01*0.03*--------
Interest Expenses0.8%249247265914848826761848750761-6,4756197,8257,823-24,4348,5238,7339,1699,61610,29410,984
Income Taxes-71.1%194671-398851-3461,126-68211,0327233157706,31589180411,6371,4851,1881,3557141,4201,405
Earnings Before Taxes8.5%5,5405,1077,7513,880-8726,0832,1321,337-763-668-2,998-2,979-1,305-2,74720,565-4,674-2,3696,147-37,268-8,229-10,348
EBT Margin46.8%0.13*0.09*0.09*0.03*0.02*0.02*0.01*-0.01*-0.02*-0.02*-0.02*0.03*0.03*--------
Net Income20.5%5,3464,4368,1493,029-5264,9571,30330,200-22,977-19,494-11,015-27,629-2,196-3,551-360-6,159-3,5574,792-37,982-9,627-11,753
Net Income Margin45.2%0.12*0.08*0.08*0.02*0.10*0.04*-0.03*-0.06*-0.22*-0.13*-0.07*-0.06*-0.03*--------
Free Cashflow-117.7%-1,0706,0317,716-1,0331,0187,7041,790-2,861635-4,183-3,462-8,891-21,642--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.5%413411411151156138138147623653676694726756759785789798732735811
  Current Assets1.1%321318319115118113110116179199213218219236224234224233213202268
    Cash Equivalents-0.1%27627712166.0062.0060.0058.0050.0056.0055.0066.0062.0088.0010577.0090.0030.0041.0046.0020.0093.00
  Inventory14.6%8.007.009.007.009.009.008.0010.0019.0018.009.0016.0014.0015.0011.0020.0024.0026.0024.0025.0029.00
  Net PPE19.0%4.004.004.003.003.004.004.004.0049.0055.005.0067.0071.0075.007.0085.0090.0090.0091.0097.00100
  Goodwill0%23.0023.0023.0023.00----23123118.00231257257257257257257257257257
Liabilities-3.5%98.00101105119126111112122624631635639643673675705700705644607681
  Current Liabilities-2.9%76.0078.0068.0080.0085.0083.0084.0092.00567216218220223249250274268275257220276
  Long Term Debt-----------------366367369370380
    LT Debt, Current---------3616.006.006.006.006.006.004.006.006.006.006.006.00
    LT Debt, Non Current-----------------366367369370380
Shareholder's Equity7.9%77.0072.0069.00--4.75-8.52-9.21---6.0020.0048.0048.0049.0044.0054.0057.0053.0092.0095.00
  Retained Earnings41.8%16.0012.008.00-7,487-7,489-7,488-7,493-7,494-7,523-7,500-7,480-7,468-7,440-7,437-7,433-7,432-7,426-7,422-7,426-7,387-7,377
  Additional Paid-In Capital0.3%62.0062.0062.007,4807,4807,4807,4807,4797,4797,4797,4797,4787,4787,4787,4787,4787,4787,4787,4777,4777,469
Shares Outstanding0.3%6.006.006.006.006.006.006.006.006.006.007.007.007.00--------
Float-----77.00---68.00---68.00---52.00---62.00
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-98.8%78.006,5838,523-5881,3368,2522,133-2,5451,098-3,820-3,147-10,149-20,54125,727-13,38045,178-7,53722,41024,465-19,08012,931
  Share Based Compensation16.8%16013723617417817718211121719114897.0015818813920919617693.00404-22.00
Cashflow From Investing-99.9%165150,08452,8381,586-318-532-343-316-463-363-2021,327-1,101-1,0599,592-1,118-6,112-4,072-2,699-2,860-4,947
Cashflow From Financing-0.2%-537-536-3,825-1,668-556-556-645-542-556-554-5612,464-2,047-2,051-16,00417,9301,505-6,063-6,054-49,923-1,957
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

STCN Income Statement

2024-01-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jan. 31, 2024
Jan. 31, 2023
Jan. 31, 2024
Jan. 31, 2023
Income Statement [Abstract]    
Net revenue$ 43,045$ 50,781$ 84,386$ 102,140
Cost of revenue31,69837,71961,56474,813
Gross profit11,34713,06222,82227,327
Operating expenses:    
Selling, general and administrative8,73210,45917,52720,845
Amortization89301,7680
Total operating expenses9,62510,45919,29520,845
Operating income1,7222,6033,5276,482
Other income (expense):    
Interest income3,4993326,718476
Interest expense(249)(848)(496)(1,674)
Other gains (losses), net568(2,959)898(74)
Total other income (expense), net3,818(3,475)7,120(1,272)
Income (loss) before income taxes5,540(872)10,6475,210
Income tax expense (benefit)194(346)865779
Net income (loss)5,346(526)9,7824,431
Less: Preferred dividends on Series C redeemable preferred stock(537)(537)(1,073)(1,074)
Net income (loss) available to common stockholders$ 4,809$ (1,063)$ 8,709$ 3,357
Net income (loss) per common shares - basic (in usd per share)$ 0.18$ (0.16)$ 0.33$ 0.52
Net income (loss) per common shares - diluted (in usd per share)$ 0.18$ (0.16)$ 0.33$ 0.52
Weighted Average Number of Shares Outstanding, Diluted [Abstract]    
Weighted-average number of common shares outstanding - basic (in shares)6,2116,4486,2056,442
Weighted-average number of common shares outstanding - basic (in shares)26,0836,44826,0756,496

STCN Balance Sheet

2024-01-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jan. 31, 2024
Jul. 31, 2023
Current Assets  
Cash and cash equivalents$ 276,422,000$ 121,372,000
Accounts receivable, trade, net of allowance for credit losses of $216 and $219 at January 31, 2024 and July 31, 2023, respectively29,179,00028,616,000
Inventories, net7,742,0008,569,000
Funds held for clients2,479,0002,031,000
Prepaid expenses and other current assets5,550,000158,686,000
Total current assets321,372,000319,274,000
Property and equipment, net4,433,0003,698,000
Operating lease right-of-use assets24,813,00027,098,000
Investments3,174,0000
Other intangible assets, net32,821,00034,589,000
Goodwill22,785,00022,785,000
Other assets3,317,0003,737,000
Total assets412,715,000411,181,000
Current Liabilities  
Accounts payable25,463,00026,514,000
Accrued expenses21,936,00026,774,000
Funds held for clients2,445,0001,949,000
Current lease obligations9,027,0007,973,000
Convertible note payable12,903,0000
Other current liabilities3,843,0004,544,000
Total current liabilities75,617,00067,754,000
Convertible note payable012,461,000
Long-term lease obligations16,135,00019,161,000
Other long-term liabilities5,867,0005,442,000
Total long-term liabilities22,002,00037,064,000
Total liabilities97,619,000104,818,000
Contingently redeemable preferred stock237,739,000237,739,000
Stockholders' equity:  
Preferred stock, $0.01 par value per share. 4,965,000 shares authorized at January 31, 2024 and July 31, 2023; zero shares issued and outstanding at January 31, 2024 and July 31, 202300
Common stock, $0.01 par value per share. Authorized 1,400,000,000 shares; 6,285,591 issued and outstanding shares at January 31, 2024; 6,250,493 issued and outstanding shares at July 31, 202365,00065,000
Additional paid-in capital61,831,00061,534,000
Accumulated earnings16,321,0007,612,000
Accumulated other comprehensive loss(860,000)(587,000)
Total stockholders' equity77,357,00068,624,000
Total liabilities, contingently redeemable preferred stock and stockholders' equity412,715,000411,181,000
Series C Contingently Redeemable Preferred Stock  
Current Liabilities  
Contingently redeemable preferred stock35,006,00035,006,000
Series E Contingently Redeemable Preferred Stock  
Current Liabilities  
Contingently redeemable preferred stock$ 202,733,000$ 202,733,000
STCN
Steel Connect, Inc., together with its subsidiaries, provides supply chain services in the United States, Mainland China, Netherlands, and internationally. It offers product configuration and packaging, kitting, and assembly of components and parts into finished goods; and value-added processes, such as product testing, radio frequency identification tagging, product or service activation, language settings, personalization and engraving, multi-channel packaging, and packaging design services. The company also provides fulfillment services comprising order management, pick, pack and ship, retail compliance, and demand planning services; and reverse logistics services that simplifies the returns process for retailers and manufacturers, as well as operates a cloud-based e-commerce platform. In addition, it offers warehousing and inventory management services; and software licenses, maintenance, and support services. The company offers its supply chain services to customers in the consumer electronics, communications, computing, medical devices, software, and retail markets. The company was formerly known as ModusLink Global Solutions, Inc. and changed its name to Steel Connect, Inc. in February 2018. Steel Connect, Inc. was incorporated in 1986 and is headquartered in Smyrna, Tennessee.
 CEO
 WEBSITEsteelconnectinc.com
 INDUSTRYAdvertising Agencies
 EMPLOYEES1100

Steel Connect Inc Frequently Asked Questions


What is the ticker symbol for Steel Connect Inc? What does STCN stand for in stocks?

STCN is the stock ticker symbol of Steel Connect Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Steel Connect Inc (STCN)?

As of Fri May 03 2024, market cap of Steel Connect Inc is 75.55 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of STCN stock?

You can check STCN's fair value in chart for subscribers.

What is the fair value of STCN stock?

You can check STCN's fair value in chart for subscribers. The fair value of Steel Connect Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Steel Connect Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for STCN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Steel Connect Inc a good stock to buy?

The fair value guage provides a quick view whether STCN is over valued or under valued. Whether Steel Connect Inc is cheap or expensive depends on the assumptions which impact Steel Connect Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for STCN.

What is Steel Connect Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 03 2024, STCN's PE ratio (Price to Earnings) is 3.6 and Price to Sales (PS) ratio is 0.44. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. STCN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Steel Connect Inc's stock?

In the past 10 years, Steel Connect Inc has provided -0.102 (multiply by 100 for percentage) rate of return.