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How to buy Steel Connect stock (STCN)

Buy Steel Connect stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Steel Connect is an integrated freight & logistics business based in the US. Steel Connect shares (STCN) are listed on the NASDAQ and all prices are listed in US Dollars. Steel Connect employs 1,000 staff and has a trailing 12-month revenue of around $169 million.

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  4. Search for the stock name – STCN. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Steel Connect stock price (NASDAQ: STCN)

Use our graph to track the performance of STCN stocks over time.

Steel Connect shares at a glance

Information last updated 2024-09-01.
Latest market close$10.16
52-week range$7.36 - $13.00
50-day moving average $12.39
200-day moving average $10.63
Wall St. target price$22.50
PE ratio 3.8237
Dividend yield N/A (0%)
Earnings per share (TTM) $3.12

Is it a good time to buy Steel Connect stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Steel Connect price performance over time

Historical closes compared with the close of $10.16 from 2024-09-04

1 week (2024-08-29) -14.62%
1 month (2024-08-05) -16.99%
3 months (2024-06-05) -2.59%
6 months (2024-03-05) 12.76%
1 year (2023-09-05) 1.60%
2 years (2022-09-01) 652.59%
3 years (2021-09-03) 415.74%
5 years (2019-09-05) 464.44%

Is Steel Connect stock undervalued or overvalued?

Valuing Steel Connect stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Steel Connect's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Steel Connect's P/E ratio

Steel Connect's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 4x. In other words, Steel Connect shares trade at around 4x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Steel Connect's EBITDA

Steel Connect's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $13.5 million.

The EBITDA is a measure of a Steel Connect's overall financial performance and is widely used to measure a its profitability.

Steel Connect financials

Revenue TTM $169 million
Operating margin TTM 6.8%
Gross profit TTM $42.7 million
Return on assets TTM 1.6%
Return on equity TTM 42.81%
Profit margin 53%
Book value $23.77
Market Capitalization $75.2 million

TTM: trailing 12 months

Steel Connect share dividends

We're not expecting Steel Connect to pay a dividend over the next 12 months.

Have Steel Connect's shares ever split?

Steel Connect's shares were split on a 375:3500 basis on 21 June 2023. So if you had owned 3500 shares the day before before the split, the next day you'd have owned 375 shares. This wouldn't directly have changed the overall worth of your Steel Connect shares – just the quantity. However, indirectly, the new 833.3% higher share price could have impacted the market appetite for Steel Connect shares which in turn could have impacted Steel Connect's share price.

Steel Connect share price volatility

Over the last 12 months, Steel Connect's shares have ranged in value from as little as $7.3559 up to $12.9984. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Steel Connect's is 0.211. This would suggest that Steel Connect's shares are less volatile than average (for this exchange).

Steel Connect overview

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 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. Further, 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.

Frequently asked questions

What percentage of Steel Connect is owned by insiders or institutions?
Currently 29.629% of Steel Connect shares are held by insiders and 60.293% by institutions.
How many people work for Steel Connect?
Latest data suggests 1,000 work at Steel Connect.
When does the fiscal year end for Steel Connect?
Steel Connect's fiscal year ends in July.
Where is Steel Connect based?
Steel Connect's address is: 590 Madison Avenue, New York, NY, United States, 10022
What is Steel Connect's ISIN number?
Steel Connect's international securities identification number is: US8580981061
What is Steel Connect's CUSIP number?
Steel Connect's Committee on Uniform Securities Identification Procedures number is: 125750307

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