Steelcase
SCS

$14.03

1.45%

Market Cap: 1.6B

About: Steelcase Inc is a furniture company based in the United States. Its brands such as Steelcase, AMQ, Coalesse, Designtex, and others offer a portfolio of furniture and architectural products and services designed to help customers create workplaces. It markets its products and services to businesses and organizations predominantly through a network of dealers and also sells to consumers in markets around the world through web-based and retail distribution channels. The company's reportable segments include the Americas which generates key revenue, and International.

Employees: 12,480

Consumer Discretionary Office Furniture, Except Wood

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 3 analysts

0

News positive %

of 6 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

121% more call options, than puts

Call options by funds: $2.46M | Put options by funds: $1.11M

18% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 22

2.72% more ownership

Funds ownership: 86.54% [Q4 2023] → 89.26% (+2.72%) [Q1 2024]

2% more funds holding

Funds holding: 216 [Q4 2023] → 220 (+4) [Q1 2024]

0% less capital invested

Capital invested by funds: $1.1B [Q4 2023] → $1.1B (-$2.65M) [Q1 2024]

1% less repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 82

50% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 1 (-1) [Q1 2024]

See Fund Rankings

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$17

21%

upside

Avg. target

$17.67

26%

upside

High target

$18

28%

upside

3 analyst ratings

3 positive

100%

0 neutral

0%

0 negative

0%

Benchmark Reuben Garner	28%upside $18	Buy Maintained	24 Jun 2024
Benchmark Reuben Garner	28%upside $18	Buy Maintained	21 Jun 2024
Benchmark Reuben Garner	21%upside $17	Buy Upgraded	14 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 6 articles about SCS published over the past 30 days

3 Value Stocks Set for Stratospheric Returns

Even as the S&P 500 reaches new highs, some investors are fleeing to value stocks as their best option for long-term growth. Growing Concerns about the investment concentration in growth indices create cause for concern, as in the S&P 500's increased reliance on high-flying tech stocks like Nvidia (NASDAQ: NVDA ) to keep the party going.

3 Value Stocks Set for Stratospheric Returns

Zacks Investment Research

Surging Earnings Estimates Signal Upside for Steelcase (SCS) Stock

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

Surging Earnings Estimates Signal Upside for Steelcase (SCS) Stock

Zacks Investment Research

Recent Price Trend in Steelcase (SCS) is Your Friend, Here's Why

Steelcase (SCS) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Recent Price Trend in Steelcase (SCS) is Your Friend, Here's Why

Zacks Investment Research

Buy These 4 Stocks With Rising Cash Flows Ahead of Q2 Earnings

Cash holds the key to a company's existence, development and success, and can indeed be referred to as its lifeblood. So, companies with rising cash flows like SCS, GCT, GPRK and VIRC are worth buying.

Buy These 4 Stocks With Rising Cash Flows Ahead of Q2 Earnings

Zacks Investment Research

5 Low-Leverage Stocks to Buy Following Key Labor Data Release

The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. You may buy VITL, PHM, ATO, SCS and SKX.

5 Low-Leverage Stocks to Buy Following Key Labor Data Release

Zacks Investment Research

4 Stocks Worth Buying Now on Solid Net Profit Margin

Here, we present four stocks, SCS, SGRP, OSW and BRC, with solid net profit margins that can contribute toward making a strong portfolio.

4 Stocks Worth Buying Now on Solid Net Profit Margin

Zacks Investment Research

Are Investors Undervaluing Steelcase (SCS) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Steelcase (SCS) Right Now?

Steelcase to Webcast Presentation at Noble Investor Conference

GRAND RAPIDS, Mich., June 25, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) announces that Dave Sylvester, Senior Vice President, Chief Financial Officer and Michael O'Meara, Director, Investor Relations and Financial Planning & Analysis, will be presenting at the Noble Capital Markets' Consumer, Communications, Media, and Technology Emerging Growth Virtual Equity Conference on June 26, 2024. The presentation is scheduled for 3:00 p.m. ET and will be webcast. Scheduled 1x1 meetings are also available for registered, qualified investor attendees.

Steelcase to Webcast Presentation at Noble Investor Conference

Zacks Investment Research

3 Top-Ranked Efficient Stocks to Increase Your Portfolio Returns

Invest in companies like Veracyte (VCYT), Steelcase (SCS) and Applied Industrial Technologies (AIT), as they boast higher efficiency levels.

3 Top-Ranked Efficient Stocks to Increase Your Portfolio Returns

Zacks Investment Research

3 Cheap Stocks to Buy for Growth & Value

Rising earnings estimates are helping to make the case that these highly ranked stocks are indeed cheap with now looking like an ideal time to buy considering their attractive growth trajectories and reasonable valuations.

3 Cheap Stocks to Buy for Growth & Value

See News Rankings