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Steel Connect, Inc. (STCN-Q)
NASDAQ:STCN
12.45
0.27
(2.22%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 2 opinions in the last 12 months.
Steel Connect, Inc. (STCN) has garnered positive attention from analysts, with notable leadership by Michael O'Reilly from Stockchase Research. The company specializes in supply chain management services, which are crucial for enhancing clients' efficiency and speed to market while maintaining cost-effectiveness. Currently, the stock is trading below its book value and boasts an impressive 42% return on equity (ROE). Recent financial movements indicate that Steel Connect is seeing growth in its cash reserves while simultaneously reducing its debt load. With a recommended trailing stop raised to $10.00 and a target price of $15.00, analysts see significant upside potential exceeding 25%. However, the stock currently offers no dividend yield, indicating a focus on reinvestment rather than shareholder returns at this stage.
$12.490
Unknown
STCN creates supply chain management services helping its clients improve speed to market in a cost effective way. It trades under book value and supports a 42% ROE. Cash reserves are growing, while debt it retired. We recommend setting a stop-loss at $8.75, looking to achieve $15.00 -- upside potential over 25%. Yield 0%
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Steel Connect, Inc.(STCN-Q) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Steel Connect, Inc.(STCN-Q) Frequently Asked Questions
What is Steel Connect, Inc. stock symbol?
Steel Connect, Inc. is a American stock, trading under the symbol STCN-Q on the NASDAQ (STCN). It is usually referred to as NASDAQ:STCN or STCN-Q
Is Steel Connect, Inc. a buy or a sell?
In the last year, 1 stock analyst published opinions about STCN-Q. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Steel Connect, Inc..
Is Steel Connect, Inc. a good investment or a top pick?
Steel Connect, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Steel Connect, Inc..
Why is Steel Connect, Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Steel Connect, Inc. worth watching?
In the last year, there was no coverage of Steel Connect, Inc. published on Stockchase.
What is Steel Connect, Inc. stock price?
On 2025-01-03, Steel Connect, Inc. (STCN-Q) stock closed at a price of $12.45.
Our PAST TOP PICK with STCN is progressing well. To remain disciplined, we recommend trailing up the stop (from $8.75) to $10.00 at this time.