The price-to-earnings ratio for Steelcase, Inc (NYSE: SCS) is above average at 11.30x, Company’s 36-month beta value is 1.11.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SCS is 84.92M, and currently, short sellers hold a 1.92% ratio of that floaft. The average trading volume of SCS on March 14, 2025 was 617.44K shares.
SCS) stock’s latest price update
Steelcase, Inc (NYSE: SCS)’s stock price has dropped by -2.62 in relation to previous closing price of 11.08. Nevertheless, the company has seen a loss of -6.34% in its stock price over the last five trading days. globenewswire.com reported 2025-03-06 that GRAND RAPIDS, Mich., March 06, 2025 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) will webcast a discussion of its fourth quarter and fiscal year 2025 financial results on Thursday, March 27, 2025 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, March 26, 2025, after the market closes.
SCS’s Market Performance
SCS’s stock has fallen by -6.34% in the past week, with a monthly drop of -9.93% and a quarterly drop of -19.84%. The volatility ratio for the week is 3.05% while the volatility levels for the last 30 days are 2.80% for Steelcase, Inc. The simple moving average for the past 20 days is -9.56% for SCS’s stock, with a -15.43% simple moving average for the past 200 days.
Analysts’ Opinion of SCS
Sidoti gave a rating of “Buy” to SCS, setting the target price at $11 in the report published on October 04th of the previous year.
SCS Trading at -7.70% from the 50-Day Moving Average
After a stumble in the market that brought SCS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.80% of loss for the given period.
Volatility was left at 2.80%, however, over the last 30 days, the volatility rate increased by 3.05%, as shares sank -9.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.86% lower at present.
During the last 5 trading sessions, SCS fell by -6.34%, which changed the moving average for the period of 200-days by -17.32% in comparison to the 20-day moving average, which settled at $11.93. In addition, Steelcase, Inc saw -8.71% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SCS starting from Krestakos Robert G, who sale 5,000 shares at the price of $11.74 back on Jan 22 ’25. After this action, Krestakos Robert G now owns 114,481 shares of Steelcase, Inc, valued at $58,700 using the latest closing price.
ROBERT KRESTAKOS, the Officer of Steelcase, Inc, proposed sale 5,000 shares at $11.74 during a trade that took place back on Jan 22 ’25, which means that ROBERT KRESTAKOS is holding shares at $58,690 based on the most recent closing price.
Stock Fundamentals for SCS
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.33 for the gross margin
The net margin for Steelcase, Inc stands at 0.04. The total capital return value is set at 0.11. Equity return is now at value 12.23, with 4.84 for asset returns.
Based on Steelcase, Inc (SCS), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 7.34.
Currently, EBITDA for the company is 216.6 million with net debt to EBITDA at 0.92. When we switch over and look at the enterprise to sales, we see a ratio of 0.46. The receivables turnover for the company is 9.27for trailing twelve months and the total asset turnover is 1.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.57.
Conclusion
In a nutshell, Steelcase, Inc (SCS) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
