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SteelcaseNYSE: SCS

Profile

Country:

United States

IPO:

18 February 1998

Next earnings report:

19 December 2024

Last dividends:

30 September 2024

Next dividends:

N/A
$1.45 B
-12%vs. 3y high
57%vs. sector
-97%vs. 3y high
26%vs. sector
-17%vs. 3y high
53%vs. sector
-17%vs. 3y high
32%vs. sector

Price

after hours | Fri, 01 Nov 2024 22:40:00 GMT
$12.71+$0.52(+4.27%)
$855.80 M$795.92 M
$855.80 M$63.10 M

Analysts recommendations

Institutional Ownership

SCS Latest News

Does Steelcase (SCS) Have the Potential to Rally 28.13% as Wall Street Analysts Expect?
zacks.com21 October 2024 Sentiment: POSITIVE

The average of price targets set by Wall Street analysts indicates a potential upside of 28.1% in Steelcase (SCS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Ryder Systems: Riding The Long-Term Value Chain For Shareholders
seekingalpha.com29 September 2024 Sentiment: POSITIVE

Ryder's share price is poised for growth, driven by the expanding service segments, particularly Supply Chain Solutions (SCS) and Dedicated Transportation Solutions (DTS). The service revenue segment is growing rapidly, now accounting for 66% of second-quarter revenue, with SCS and DTS projected to reach 60% of total revenue soon. Strategic acquisitions and technological advancements, such as Whiplash and RyderShare, enhance Ryder's capabilities in e-commerce and supply chain management, positioning it well for future growth.

Steelcase 2024 Impact Report Spotlights New Net-Zero Commitment, Building Community and Belonging
prnewswire.com23 September 2024 Sentiment: POSITIVE

"Our Work Toward Better Futures" Impact Report outlines goals and progress that demonstrate the organization's commitment to improving the wellbeing of people and the planet. GRAND RAPIDS, Mich.

Steelcase: A Value Play, Especially After Its Recent Dip
seekingalpha.com19 September 2024 Sentiment: POSITIVE

Steelcase Inc.'s stock dropped 5.7% despite higher-than-expected earnings, due to revenue falling short and weak third-quarter guidance. Despite mixed financial results, Steelcase shares remain cheap on an absolute basis and relative to some peers, justifying a continued “buy” rating. Management expects modest revenue growth but lower earnings per share for the third quarter, yet remains optimistic about annual adjusted earnings.

Steelcase Inc. (SCS) Q2 2025 Earnings Call Transcript
seekingalpha.com19 September 2024 Sentiment: NEUTRAL

Steelcase Inc. (NYSE:SCS ) Q2 2025 Results Conference Call September 19, 2024 8:30 AM ET Company Participants Mike O'Meara - Investor Relations Sara Armbruster - President & Chief Executive Officer Dave Sylvester - Senior Vice President & Chief Financial Officer Conference Call Participants Greg Burns - Sidoti Steven Ramsey - Thompson Research Group Reuben Garner - Benchmark Brian Gordon - Water Tower Research Operator Good morning. My name is Rob, and I will be your conference operator today.

Steelcase (SCS) Q2 Earnings Surpass Estimates
zacks.com18 September 2024 Sentiment: POSITIVE

Steelcase (SCS) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.31 per share a year ago.

Steelcase says big corporate customers are ordering less office furniture
marketwatch.com18 September 2024 Sentiment: NEGATIVE

Shares of Steelcase Inc. fell after hours on Wednesday after the office-furniture maker's third-quarter sales outlook came up short of Wall Street's estimates, amid weaker demand from big corporate customers and from China.

Should Value Investors Buy Steelcase (SCS) Stock?
zacks.com12 August 2024 Sentiment: POSITIVE

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.

Steelcase and the Frank Lloyd Wright Foundation Launch Rockford and Galesburg Collections
prnewswire.com08 August 2024 Sentiment: POSITIVE

The collections reintroduce and reinterpret the architect's mid-century Usonian designs with fine modern furniture for home and the workplace. GRAND RAPIDS, Mich.

Steelcase (SCS) is on the Move, Here's Why the Trend Could be Sustainable
zacks.com29 July 2024 Sentiment: POSITIVE

Steelcase (SCS) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

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What type of business is Steelcase?

Steelcase Inc. provides a portfolio of furniture and architectural products and services in the United States and internationally. It operates through Americas and International segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, mobile power, and screens. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific vertical markets, including education and healthcare. The company's interior architectural products comprise full and partial height walls and architectural pods. It also provides textiles and surface imaging products for architects and designers; and workplace strategy consulting, lease origination, and furniture and asset management services. The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, AMQ, Coalesse, Designtex, HALCON, Orangebox, Smith System, and Viccarbe brands. It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers. The company was incorporated in 1912 and is headquartered in Grand Rapids, Michigan.

What sector is Steelcase in?

Steelcase is in the Consumer Cyclical sector

What industry is Steelcase in?

Steelcase is in the Furnishings, Fixtures & Appliances industry

What country is Steelcase from?

Steelcase is headquartered in United States

When did Steelcase go public?

Steelcase initial public offering (IPO) was on 18 February 1998

What is Steelcase website?

https://www.steelcase.com

Is Steelcase in the S&P 500?

No, Steelcase is not included in the S&P 500 index

Is Steelcase in the NASDAQ 100?

No, Steelcase is not included in the NASDAQ 100 index

Is Steelcase in the Dow Jones?

No, Steelcase is not included in the Dow Jones index

When was Steelcase the previous earnings report?

No data

When does Steelcase earnings report?

The next expected earnings date for Steelcase is 19 December 2024