STCN RSI Chart
Last 7 days
0.5%
Last 30 days
28.4%
Last 90 days
48.2%
Trailing 12 Months
63.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 171.3M | 0 | 0 | 0 |
2023 | 357.0M | 351.6M | 189.1M | 179.1M |
2022 | 374.4M | 376.5M | 353.5M | 360.5M |
2021 | 470.1M | 535.9M | 601.7M | 476.1M |
2020 | 839.1M | 822.4M | 338.5M | 404.3M |
2019 | 810.4M | 810.4M | 819.8M | 829.9M |
2018 | 454.0M | 550.0M | 645.3M | 757.9M |
2017 | 436.9M | 438.4M | 436.6M | 417.8M |
2016 | 487.0M | 477.2M | 459.0M | 439.3M |
2015 | 673.7M | 606.7M | 561.7M | 515.3M |
2014 | 739.4M | 739.7M | 723.4M | 719.4M |
2013 | 747.2M | 746.6M | 754.5M | 748.9M |
2012 | 742.0M | 709.0M | 713.9M | 713.2M |
2011 | 0 | 0 | 845.3M | 806.8M |
2010 | 0 | 0 | 0 | 0 |
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>
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.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | - |
Which funds bought or sold STCN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 15, 2024 | BANK OF AMERICA CORP /DE/ | sold off | -100 | -19.00 | - | -% |
May 15, 2024 | STEEL PARTNERS HOLDINGS L.P. | unchanged | - | -292,565 | 19,147,900 | 43.07% |
May 15, 2024 | Royal Bank of Canada | reduced | -42.02 | - | 1,000 | -% |
May 14, 2024 | GAMCO INVESTORS, INC. ET AL | added | 0.63 | -13,428 | 1,509,450 | 0.01% |
May 14, 2024 | NORTHERN TRUST CORP | reduced | -7.13 | -15,166 | 162,706 | -% |
May 14, 2024 | Credit Agricole S A | unchanged | - | 3.00 | 32.00 | -% |
May 14, 2024 | GABELLI FUNDS LLC | added | 1.44 | -2,785 | 3,158,040 | 0.02% |
May 13, 2024 | UBS Group AG | added | 41,500 | 3,937 | 3,947 | -% |
May 13, 2024 | GEODE CAPITAL MANAGEMENT, LLC | added | 0.83 | -635 | 283,820 | -% |
May 13, 2024 | RENAISSANCE TECHNOLOGIES LLC | reduced | -1.94 | -63,000 | 1,772,000 | -% |
Unveiling Steel Connect Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Steel Connect Inc)
Steel Connect Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 4.1% | 43,045 | 41,341 | 40,804 | 46,142 | 50,781 | 51,359 | 203,272 | 51,548 | 54,322 | 44,354 | 226,256 | 49,434 | 156,047 | 169,934 | 173,643 | 177,351 | 215,452 | 225,153 | 204,471 | 194,003 | 206,223 |
Cost Of Revenue | 6.1% | 31,698 | 29,866 | 29,749 | 33,218 | 37,719 | 37,094 | 41,064 | 42,303 | 43,421 | 34,948 | -35,676 | 39,531 | 120,197 | 129,466 | -220,310 | 143,881 | 170,203 | 180,907 | 167,345 | 157,142 | 168,680 |
Gross Profit | -1.1% | 11,347 | 11,475 | 11,055 | 12,924 | 13,062 | 14,265 | 11,985 | 9,245 | 10,901 | 9,406 | -15,051 | 9,903 | 35,850 | 40,468 | -59,193 | 33,470 | 45,249 | 44,246 | 37,126 | 36,861 | 37,543 |
Operating Expenses | -0.5% | 9,625 | 9,670 | 9,434 | 12,619 | 10,459 | 10,386 | 11,474 | 9,214 | 10,850 | 8,835 | -5,592 | 12,417 | 27,169 | 33,393 | -55,714 | 32,403 | 38,076 | 29,504 | 70,224 | 34,704 | 35,417 |
S&GA Expenses | -0.7% | 8,732 | 8,795 | 8,523 | 12,619 | 10,459 | 10,386 | 11,902 | 9,214 | 9,994 | 8,835 | 355 | 12,417 | 21,810 | 26,858 | -34,995 | 25,872 | 31,165 | 22,227 | 62,461 | 27,426 | 27,626 |
EBITDA Margin | 34.8% | 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 Expenses | 0.8% | 249 | 247 | 265 | 914 | 848 | 826 | 761 | 848 | 750 | 761 | -6,475 | 619 | 7,825 | 7,823 | -24,434 | 8,523 | 8,733 | 9,169 | 9,616 | 10,294 | 10,984 |
Income Taxes | -71.1% | 194 | 671 | -398 | 851 | -346 | 1,126 | -682 | 11,032 | 723 | 315 | 770 | 6,315 | 891 | 804 | 11,637 | 1,485 | 1,188 | 1,355 | 714 | 1,420 | 1,405 |
Earnings Before Taxes | 8.5% | 5,540 | 5,107 | 7,751 | 3,880 | -872 | 6,083 | 2,132 | 1,337 | -763 | -668 | -2,998 | -2,979 | -1,305 | -2,747 | 20,565 | -4,674 | -2,369 | 6,147 | -37,268 | -8,229 | -10,348 |
EBT Margin | 46.8% | 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 Income | 20.5% | 5,346 | 4,436 | 8,149 | 3,029 | -526 | 4,957 | 1,303 | 30,200 | -22,977 | -19,494 | -11,015 | -27,629 | -2,196 | -3,551 | -360 | -6,159 | -3,557 | 4,792 | -37,982 | -9,627 | -11,753 |
Net Income Margin | 45.2% | 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% | -1,070 | 6,031 | 7,716 | -1,033 | 1,018 | 7,704 | 1,790 | -2,861 | 635 | -4,183 | -3,462 | -8,891 | -21,642 | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | 0.5% | 413 | 411 | 411 | 151 | 156 | 138 | 138 | 147 | 623 | 653 | 676 | 694 | 726 | 756 | 759 | 785 | 789 | 798 | 732 | 735 | 811 |
Current Assets | 1.1% | 321 | 318 | 319 | 115 | 118 | 113 | 110 | 116 | 179 | 199 | 213 | 218 | 219 | 236 | 224 | 234 | 224 | 233 | 213 | 202 | 268 |
Cash Equivalents | -0.1% | 276 | 277 | 121 | 66.00 | 62.00 | 60.00 | 58.00 | 50.00 | 56.00 | 55.00 | 66.00 | 62.00 | 88.00 | 105 | 77.00 | 90.00 | 30.00 | 41.00 | 46.00 | 20.00 | 93.00 |
Inventory | 14.6% | 8.00 | 7.00 | 9.00 | 7.00 | 9.00 | 9.00 | 8.00 | 10.00 | 19.00 | 18.00 | 9.00 | 16.00 | 14.00 | 15.00 | 11.00 | 20.00 | 24.00 | 26.00 | 24.00 | 25.00 | 29.00 |
Net PPE | 19.0% | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 4.00 | 4.00 | 4.00 | 49.00 | 55.00 | 5.00 | 67.00 | 71.00 | 75.00 | 7.00 | 85.00 | 90.00 | 90.00 | 91.00 | 97.00 | 100 |
Goodwill | 0% | 23.00 | 23.00 | 23.00 | 23.00 | - | - | - | - | 231 | 231 | 18.00 | 231 | 257 | 257 | 257 | 257 | 257 | 257 | 257 | 257 | 257 |
Liabilities | -3.5% | 98.00 | 101 | 105 | 119 | 126 | 111 | 112 | 122 | 624 | 631 | 635 | 639 | 643 | 673 | 675 | 705 | 700 | 705 | 644 | 607 | 681 |
Current Liabilities | -2.9% | 76.00 | 78.00 | 68.00 | 80.00 | 85.00 | 83.00 | 84.00 | 92.00 | 567 | 216 | 218 | 220 | 223 | 249 | 250 | 274 | 268 | 275 | 257 | 220 | 276 |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 366 | 367 | 369 | 370 | 380 |
LT Debt, Current | - | - | - | - | - | - | - | - | - | 361 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 4.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 |
LT Debt, Non Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 366 | 367 | 369 | 370 | 380 |
Shareholder's Equity | 7.9% | 77.00 | 72.00 | 69.00 | - | -4.75 | -8.52 | -9.21 | - | - | - | 6.00 | 20.00 | 48.00 | 48.00 | 49.00 | 44.00 | 54.00 | 57.00 | 53.00 | 92.00 | 95.00 |
Retained Earnings | 41.8% | 16.00 | 12.00 | 8.00 | -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 Capital | 0.3% | 62.00 | 62.00 | 62.00 | 7,480 | 7,480 | 7,480 | 7,480 | 7,479 | 7,479 | 7,479 | 7,479 | 7,478 | 7,478 | 7,478 | 7,478 | 7,478 | 7,478 | 7,478 | 7,477 | 7,477 | 7,469 |
Shares Outstanding | 0.3% | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 7.00 | 7.00 | 7.00 | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | 77.00 | - | - | - | 68.00 | - | - | - | 68.00 | - | - | - | 52.00 | - | - | - | 62.00 |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -98.8% | 78.00 | 6,583 | 8,523 | -588 | 1,336 | 8,252 | 2,133 | -2,545 | 1,098 | -3,820 | -3,147 | -10,149 | -20,541 | 25,727 | -13,380 | 45,178 | -7,537 | 22,410 | 24,465 | -19,080 | 12,931 |
Share Based Compensation | 16.8% | 160 | 137 | 236 | 174 | 178 | 177 | 182 | 111 | 217 | 191 | 148 | 97.00 | 158 | 188 | 139 | 209 | 196 | 176 | 93.00 | 404 | -22.00 |
Cashflow From Investing | -99.9% | 165 | 150,084 | 52,838 | 1,586 | -318 | -532 | -343 | -316 | -463 | -363 | -202 | 1,327 | -1,101 | -1,059 | 9,592 | -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 | -561 | 2,464 | -2,047 | -2,051 | -16,004 | 17,930 | 1,505 | -6,063 | -6,054 | -49,923 | -1,957 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 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 revenue | 31,698 | 37,719 | 61,564 | 74,813 |
Gross profit | 11,347 | 13,062 | 22,822 | 27,327 |
Operating expenses: | ||||
Selling, general and administrative | 8,732 | 10,459 | 17,527 | 20,845 |
Amortization | 893 | 0 | 1,768 | 0 |
Total operating expenses | 9,625 | 10,459 | 19,295 | 20,845 |
Operating income | 1,722 | 2,603 | 3,527 | 6,482 |
Other income (expense): | ||||
Interest income | 3,499 | 332 | 6,718 | 476 |
Interest expense | (249) | (848) | (496) | (1,674) |
Other gains (losses), net | 568 | (2,959) | 898 | (74) |
Total other income (expense), net | 3,818 | (3,475) | 7,120 | (1,272) |
Income (loss) before income taxes | 5,540 | (872) | 10,647 | 5,210 |
Income tax expense (benefit) | 194 | (346) | 865 | 779 |
Net income (loss) | 5,346 | (526) | 9,782 | 4,431 |
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) | 6,211 | 6,448 | 6,205 | 6,442 |
Weighted-average number of common shares outstanding - basic (in shares) | 26,083 | 6,448 | 26,075 | 6,496 |
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, respectively | 29,179,000 | 28,616,000 |
Inventories, net | 7,742,000 | 8,569,000 |
Funds held for clients | 2,479,000 | 2,031,000 |
Prepaid expenses and other current assets | 5,550,000 | 158,686,000 |
Total current assets | 321,372,000 | 319,274,000 |
Property and equipment, net | 4,433,000 | 3,698,000 |
Operating lease right-of-use assets | 24,813,000 | 27,098,000 |
Investments | 3,174,000 | 0 |
Other intangible assets, net | 32,821,000 | 34,589,000 |
Goodwill | 22,785,000 | 22,785,000 |
Other assets | 3,317,000 | 3,737,000 |
Total assets | 412,715,000 | 411,181,000 |
Current Liabilities | ||
Accounts payable | 25,463,000 | 26,514,000 |
Accrued expenses | 21,936,000 | 26,774,000 |
Funds held for clients | 2,445,000 | 1,949,000 |
Current lease obligations | 9,027,000 | 7,973,000 |
Convertible note payable | 12,903,000 | 0 |
Other current liabilities | 3,843,000 | 4,544,000 |
Total current liabilities | 75,617,000 | 67,754,000 |
Convertible note payable | 0 | 12,461,000 |
Long-term lease obligations | 16,135,000 | 19,161,000 |
Other long-term liabilities | 5,867,000 | 5,442,000 |
Total long-term liabilities | 22,002,000 | 37,064,000 |
Total liabilities | 97,619,000 | 104,818,000 |
Contingently redeemable preferred stock | 237,739,000 | 237,739,000 |
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, 2023 | 0 | 0 |
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, 2023 | 65,000 | 65,000 |
Additional paid-in capital | 61,831,000 | 61,534,000 |
Accumulated earnings | 16,321,000 | 7,612,000 |
Accumulated other comprehensive loss | (860,000) | (587,000) |
Total stockholders' equity | 77,357,000 | 68,624,000 |
Total liabilities, contingently redeemable preferred stock and stockholders' equity | 412,715,000 | 411,181,000 |
Series C Contingently Redeemable Preferred Stock | ||
Current Liabilities | ||
Contingently redeemable preferred stock | 35,006,000 | 35,006,000 |
Series E Contingently Redeemable Preferred Stock | ||
Current Liabilities | ||
Contingently redeemable preferred stock | $ 202,733,000 | $ 202,733,000 |