SCS

Steelcase Inc. [SCS] Stock Forecast

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?
RSI : 000

SCS Stock Summary

Top 10 Correlated Stocks

SCS


In the News

04:05 29 Sep 2023 SCS

Why Steelcase Stock Popped 21.3% This Week

Steelcase delivered better-than-expected revenue and strong earnings growth with its latest quarter. Management credited the beat to pricing power and improved fulfillment patterns.

01:31 29 Sep 2023 SCS

Steelcase (SCS) Is Up 4.25% in One Week: What You Should Know

Does Steelcase (SCS) have what it takes to be a top stock pick for momentum investors? Let's find out.

01:32 29 Sep 2023 SCS

Why Steelcase (SCS) Might be Well Poised for a Surge

Steelcase (SCS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

12:58 29 Sep 2023 SCS

Why Steelcase Stock Jumped Today

Steelcase beat estimates on the top and bottom lines. Revenue growth is still challenged, but it's raising prices and expanding margins.

10:31 29 Sep 2023 SCS

Here Is Why Bargain Hunters Would Love Fast-paced Mover Steelcase (SCS)

Steelcase (SCS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

08:58 29 Sep 2023 SCS

Steelcase stocks gains on office furniture brand positive guidance

Steelcase Inc (NYSE:SCS) stock was up around 4% in Wednesday's early deals after the office furniture firm gave more upbeat outlook amidst the trend for ‘back to office' mandates across many business sectors in 2023. As more employers revert, either to full-time or hybrid office work, the company said it was “optimistic” of improving demand for its chairs, desk and office storage products.

06:47 29 Sep 2023 SCS

Steelcase (SCS) Q2 Earnings and Revenues Beat Estimates

Steelcase (SCS) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.21 per share a year ago.

04:58 29 Sep 2023 SCS

Steelcase expects ‘significantly improved' profit, as more employees return to offices

Shares of Steelcase Inc. rallied after hours on Tuesday, after the office-furniture maker said it expects “significantly improved” profit as more employers order their workers back to the office.

08:30 29 Sep 2023 SCS

3 Stocks to Avoid This Week

There are near-term concerns for Stitch Fix, Steelcase, and Carvana this week. Revenue declines continue at Stitch Fix, and it's still far from turning the corner of profitability.

04:05 29 Sep 2023 SCS

Steelcase to Webcast Second Quarter Fiscal 2024 Conference Call

GRAND RAPIDS, Mich., Aug. 29, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its second quarter fiscal year 2024 financial results on Wednesday, September 20, 2023 at 8:30 a.m. ET. A link to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, September 19, 2023, after the market closes.

SCS Financial details

Company Rating
Strong Buy
Market Cap
1.26B
Income
56.1M
Revenue
3.24B
Book val./share
7.18
Cash/share
1.29
Dividend
0.4
Dividend %
3.56%
Employees
12K
Optionable
No
Shortable
Yes
Earnings
18 Dec 2023
P/E
23.82
Forward P/E
-
PEG
0.16
P/S
0.4
P/B
1.57
P/C
8.73
P/FCF
7.57
Quick Ratio
10.03
Current Ratio
2.93
Debt / Equity
0.76
LT Debt / Equity
0.7
-
-
EPS (TTM)
0.47
EPS next Y
-
EPS next Q
0.36
EPS this Y
900%
EPS next Y
-
EPS next 5Y
-115.96%
EPS last 5Y
-22.31%
Revenue last 5Y
-1.25%
Revenue Q/Q
13.66%
EPS Q/Q
2200%
-
-
-
-
SMA20
22.22%
SMA50
37.5%
SMA100
37.5%
Inst Own
66.64%
Inst Trans
0.96%
ROA
3%
ROE
7%
ROC
0.06%
Gross Margin
31%
Oper. Margin
4%
Profit Margin
2%
Payout
84%
Shs Outstand
114.06M
Shs Float
81.7M
-
-
-
-
Target Price
-
52W Range
6.2-11.38
52W High
+2.41%
52W Low
+87.75%
RSI
79
Rel Volume
0.8
Avg Volume
823.58K
Volume
660.52K
Perf Week
7.18%
Perf Month
30.08%
Perf Quarter
41.34%
Perf Half Y
28.89%
-
-
-
-
Beta
1.38624
-
-
Volatility
0.21%, 1.03%
Prev Close
0.13%
Price
11.265
Change
2.78%

SCS Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-02-24

Metric History 2019-02-222020-02-282021-02-262022-02-25 2023-02-24
Revenue per share
28.9131.1322.624.3627.61
Net income per share
1.061.670.230.040.3
Operating cash flow per share
1.13.020.56-0.90.76
Free cash flow per share
0.422.40.2-1.430.26
Cash per share
2.194.524.261.770.77
Book value per share
7.118.118.367.497.06
Tangible book value per share
4.085.35.674.63.74
Share holders equity per share
7.118.118.367.497.06
Interest debt per share
4.46.436.566.466.18
Market cap
2.09B1.94B1.6B1.41B919.24M
Enterprise value
2.32B2.14B1.84B1.92B1.52B
P/E ratio
16.599.7161.37352.526.04
Price to sales ratio
0.610.520.620.510.28
POCF ratio
15.935.3824.72-13.7410.28
PFCF ratio
41.976.7568.16-8.6430.34
P/B Ratio
2.4721.671.651.11
PTB ratio
2.4721.671.651.11
EV to sales
0.670.570.710.690.47
Enterprise value over EBITDA
8.276.0710.6717.458.21
EV to operating cash flow
17.655.9328.38-18.6917.05
EV to free cash flow
46.57.4578.26-11.7650.32
Earnings yield
0.060.10.0200.04
Free cash flow yield
0.020.150.01-0.120.03
Debt to equity
0.580.760.760.830.84
Debt to assets
0.230.290.310.310.32
Net debt to EBITDA
0.810.571.384.623.26
Current ratio
1.591.722.031.691.47
Interest coverage
4.99.413.220.783.37
Income quality
1.041.812.48-25.652.53
Dividend Yield
0.030.040.030.040.06
Payout ratio
0.510.351.6715.651.62
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
0.170.130.130.150.18
Capex to operating cash flow
-0.62-0.2-0.640.59-0.66
Capex to revenue
-0.02-0.02-0.02-0.02-0.02
Capex to depreciation
-1-0.86-0.48-0.73-0.66
Stock based compensation to revenue
0.0100.010.010.01
Graham number
13.0117.466.542.436.92
ROIC
0.110.110.050.030.04
Return on tangible assets
0.070.090.0100.02
Graham Net
-5.26-5.58-5.26-6.66-7.19
Working capital
353.4M497.9M530.4M392M280.7M
Tangible asset value
486.4M633.9M652M523.9M438.2M
Net current asset value
-344.1M-406.2M-348.1M-449.6M-492.6M
Invested capital
0.580.760.760.830.84
Average receivables
345.3M381.35M321.35M326.2M380.35M
Average payables
232.15M242.75M212.8M212.45M223.55M
Average inventory
204.7M219.9M204.25M259.85M322.95M
Days sales outstanding
41.3736.53850.342.75
Days payables outstanding
37.3835.5536.0944.2132.11
Days of inventory on hand
34.8431.2838.5259.250.45
Receivables turnover
8.82109.67.268.54
Payables turnover
9.7610.2710.118.2611.37
Inventory turnover
10.4811.679.476.177.24
ROE
0.150.210.0300.04
Capex per share
-0.68-0.61-0.36-0.53-0.5

Quarterly Fundamentals Overview

Last date of statement is 2023-08-31 for Q2

Metric History 2022-08-262022-11-252023-02-242023-05-26 2023-08-31
Revenue per share
7.377.336.836.387.19
Net income per share
0.170.10.130.010.23
Operating cash flow per share
-0.160.670.750.10.41
Free cash flow per share
-0.30.550.6100.3
Cash per share
0.450.490.770.341.29
Book value per share
6.827.187.047.037.18
Tangible book value per share
3.413.673.733.7714.86
Share holders equity per share
6.827.187.047.037.18
Interest debt per share
6.666.525.995.625.54
Market cap
1.37B954.29M921.59M838.27M1.08B
Enterprise value
2.09B1.63B1.53B1.45B1.58B
P/E ratio
17.4220.9314.68139.719.8
Price to sales ratio
1.581.151.151.111.26
POCF ratio
-70.7512.5910.4774.1822.08
PFCF ratio
-39.4615.4212.85-2.1K29.77
P/B Ratio
1.711.181.121.011.26
PTB ratio
1.711.181.121.011.26
EV to sales
2.421.971.91.931.84
Enterprise value over EBITDA
36.4128.7426.4240.2838.42
EV to operating cash flow
-108.0921.4617.35128.6832.28
EV to free cash flow
-60.2926.2821.3-3.64K43.52
Earnings yield
0.010.010.0200.03
Free cash flow yield
-0.030.060.0800.03
Debt to equity
0.970.90.840.790.76
Debt to assets
0.340.320.320.310.3
Net debt to EBITDA
12.5811.8810.4717.0612.14
Current ratio
1.311.351.471.532.93
Interest coverage
4.014.363.992.386.21
Income quality
-0.986.655.617.531.77
Dividend Yield
0.010.010.010.010.01
Payout ratio
0.861.020.758.070.43
Sales general and administrative to revenue
00000
Research and developement to revenue
00000
Intangibles to total assets
0.170.170.180.180.17
Capex to operating cash flow
0.79-0.18-0.19-1.04-0.26
Capex to revenue
-0.02-0.02-0.02-0.02-0.01
Capex to depreciation
-0.65-0.59-0.71-0.57-0.59
Stock based compensation to revenue
0000.020.01
Graham number
5.074.044.61.426.12
ROIC
0.010.010.0100.02
Return on tangible assets
0.010.010.0100.02
Graham Net
-7.92-8-7.18-7.044.35
Working capital
227.8M235.4M280.7M282.3M101.1M
Tangible asset value
399.4M414.4M438.2M444.6M1.77B
Net current asset value
-550.3M-544.3M-492.6M-480.5M101.1M
Invested capital
0.970.90.840.790.76
Average receivables
399.1M424.6M397.5M370.95M368.1M
Average payables
265.55M262.1M226.75M209.4M221.15M
Average inventory
384.35M387.6M349.1M313.5M289.15M
Days sales outstanding
45.1245.3242.543.4939.27
Days payables outstanding
40.2938.1932.5637.4635.77
Days of inventory on hand
58.2957.8351.1553.4642.7
Receivables turnover
1.991.992.122.072.29
Payables turnover
2.232.362.762.42.52
Inventory turnover
1.541.561.761.682.11
ROE
0.020.010.0200.03
Capex per share
-0.13-0.12-0.14-0.1-0.11

SCS Frequently Asked Questions

What is Steelcase Inc. stock symbol ?

Steelcase Inc. is a US stock , located in Grand rapids of Mi and trading under the symbol SCS

What is Steelcase Inc. stock quote today ?

Steelcase Inc. stock price is $11.265 today.

Is Steelcase Inc. stock public?

Yes, Steelcase Inc. is a publicly traded company.

Something similar

Top by Market Cap
Top Correlated Stocks
Similar Market Cap