|Bid||0.00 x 3000|
|Ask||0.00 x 1800|
|Day's Range||15.30 - 15.72|
|52 Week Range||13.10 - 19.35|
|Beta (3Y Monthly)||1.38|
|PE Ratio (TTM)||14.60|
|Earnings Date||Mar 19, 2019 - Mar 22, 2019|
|Forward Dividend & Yield||0.58 (3.68%)|
|1y Target Est||18.67|
Steelcase's stock price dropped more than 11% to $15.79 per share after the company, in earnings released Wednesday, came in below analyst expectations for both revenue and EPS. Steelcase reported a 9% increase in first-quarter revenue to $824.3 million compared to the same period in 2018, with a 15% year-over-year increase in orders during the quarter. A shortage of workers in a tight labor market also played a part, said Jim Keane, president and CEO of Steelcase, in a press statement.
NEW YORK, NY / ACCESSWIRE / June 20, 2019 / Steelcase, Inc. (NYSE: SCS ) will be discussing their earnings results in their 2020 First Quarter Earnings to be held on June 20, 2019 at 8:30 AM Eastern Time. ...
Steelcase (SCS) delivered earnings and revenue surprises of -21.05% and -1.55%, respectively, for the quarter ended May 2019. Do the numbers hold clues to what lies ahead for the stock?
Revenue growth of 9 percent drove 18 percent growth in operating income Order growth of 15 percent outpaced recent industry trends in most major markets and supports a strong.
Steelcase's (SCS) first-quarter fiscal 2020 results to reflect organic revenue growth and price-driven profitability improvement.
The most recent earnings update Steelcase Inc.'s (NYSE:SCS) released in February 2019 signalled that the business...
Steelcase today unveiled its vision for the future of power in the workplace: Steelcase® Flex Mobile Power, which brings mobility to power so teams can work anywhere. Sleek, portable and powerful, each Mobile Power unit can charge up to three laptops or personal devices for a full day. Steelcase Flex Mobile Power is a collaboration between Steelcase and Anker, the global charging experts for smart devices.
Steelcase Flex Collection and Steelcase Roam received top honors at the 2019 Best of NeoCon Awards. Recently introduced, designers created the Steelcase Flex Collection and Steelcase Roam to empower teams to collaborate in new ways. Steelcase and its family of brands including Coalesse and Designtex won four Best of NeoCon Awards in all, two #MetropolisLikes Awards, and three HiP awards and honors presented by Interior Design.
Steelcase (SCS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Steelcase Inc NYSE:SCSView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for SCS with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding SCS are favorable, with net inflows of $1.47 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Today Steelcase and Moooi, innovative and provocative Dutch designers, announce plans for a new relationship in North America. Steelcase will offer designs from Moooi and Moooi Carpets, including carpets, lighting, furniture and accessories, to customers throughout North America. The Moooi collection complements an extensive, growing Steelcase portfolio that gives customers easy access to more choices with delivery by the largest and most reliable dealer network in the industry.
GRAND RAPIDS, Mich., May 30, 2019 -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its first quarter fiscal year 2020 financial results on Thursday, June 20, 2019 at.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Steelcase Inc. New York, May 01, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Steelcase Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 13.1% in the 2.5 months of 2019 (including […]
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! If you're interested in Steelcase Inc. (NYSE:SCS), then you might want to consider its beta (a measur...
Today Microsoft and Steelcase introduced a new way to give teams an unprecedented level of control over how they collaborate. Microsoft launched its next generation all-in-one collaboration device built for teamwork: Surface Hub 2S.
Today Steelcase revealed Steelcase® Flex — an integrated collection of furniture and accessories designed to meet the needs of modern teams and their changing activities. Steelcase Flex creates dynamic team neighborhoods which can be adapted on demand. As organizations strive for growth and innovation, teams need to quickly generate new ideas and solve complex problems. Today’s hyper-collaborative teams have embraced agile and design thinking methodologies to help them move faster and stay more closely connected to their customers.
On 22 February 2019, Steelcase Inc. (NYSE:SCS) released its earnings update. Generally, it seems that analyst forecasts are fairly optimistic, with earnings expected to gro...