This summary was created by AI, based on 4 opinions in the last 12 months.
Steel Connect, Inc. (STCN) has garnered mixed feedback from experts, with some indicating stagnation in performance while others highlight steady progress. Michael O'Reilly from Stockchase Research emphasizes the importance of adjusting stop-loss levels to protect gains, advising that the stop should be raised to $11 in less dynamic conditions and $10 in more favorable circumstances. The company specializes in supply chain management services which aim to enhance market responsiveness at a reduced cost. Notably, STCN trades below its book value and has demonstrated a strong return on equity of 42%, alongside growing cash reserves and reduced debt levels. Experts suggest a stop-loss of $8.75 while targeting an ambitious upside potential at $15.00, which represents over a 25% increase. Despite current stagnation, the outlook appears cautiously optimistic for those looking at long-term investments.
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
In the last year, 8 stock analysts published opinions about STCN-Q. 4 analysts 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..
Steel Connect, Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Steel Connect, Inc..
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.
8 stock analysts on Stockchase covered Steel Connect, Inc. In the last year. It is a trending stock that is worth watching.
On 2025-01-03, Steel Connect, Inc. (STCN-Q) stock closed at a price of $12.45.
Our PAST TOP PICK with STCN has merged with another company and will no longer be covered.