Is Steelcase Stock a Good Investment?
Steelcase Investment Advice | SCS |
- Examine Steelcase's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Steelcase's leadership team and their track record. Good management can help Steelcase navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Commercial Services & Supplies space and any emerging trends that could impact Steelcase's business and its evolving consumer preferences.
- Compare Steelcase's performance and market position to its competitors. Analyze how Steelcase is positioned in terms of product offerings, innovation, and market share.
- Check if Steelcase pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Steelcase's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Steelcase stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Steelcase is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Steelcase Stock
Researching Steelcase's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 12.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.33. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Steelcase has Price/Earnings To Growth (PEG) ratio of 1.0. The entity last dividend was issued on the 30th of December 2024. The firm had 1:5 split on the 11th of August 2006.
To determine if Steelcase is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Steelcase's research are outlined below:
| Steelcase generated a negative expected return over the last 90 days | |
| Steelcase has a strong financial position based on the latest SEC filings | |
| Over 96.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Steelcase Inc. Shares Sold by Jupiter Asset Management Ltd. |
Steelcase Quarterly Liabilities And Stockholders Equity |
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Steelcase uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Steelcase. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Steelcase's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of March 2024 Upcoming Quarterly Report | View | |
| 19th of June 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 27th of March 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 28th of February 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Steelcase's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Steelcase's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-12-16 | 2021-11-30 | 0.09 | 0.08 | -0.01 | 11 | ||
2005-06-20 | 2005-05-31 | 0.08 | 0.09 | 0.01 | 12 | ||
2005-03-30 | 2005-02-28 | 0.03 | 0.02 | -0.01 | 33 | ||
2004-12-17 | 2004-11-30 | 0.04 | 0.03 | -0.01 | 25 | ||
2003-09-24 | 2003-08-31 | 0.02 | 0.01 | -0.01 | 50 | ||
2003-06-23 | 2003-05-31 | -0.04 | -0.05 | -0.01 | 25 | ||
2022-12-19 | 2022-11-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2016-06-22 | 2016-05-31 | 0.16 | 0.18 | 0.02 | 12 |
Know Steelcase's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Steelcase is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Steelcase backward and forwards among themselves. Steelcase's institutional investor refers to the entity that pools money to purchase Steelcase's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Bank Of America Corp | 2024-12-31 | 1.9 M | Allianz Asset Management Ag | 2024-12-31 | 1.7 M | Arrowstreet Capital Limited Partnership | 2024-12-31 | 1.2 M | Globeflex Capital, L.p. | 2024-12-31 | 1.2 M | Bridgeway Capital Management, Llc | 2024-12-31 | 1.1 M | Northern Trust Corp | 2024-12-31 | 1 M | Jacobs Levy Equity Management, Inc. | 2024-12-31 | 968.8 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 852.9 K | Teacher Retirement System Of Texas | 2024-12-31 | 775.2 K | Vanguard Group Inc | 2024-12-31 | 10.3 M | Blackrock Inc | 2024-12-31 | 8.6 M |
Steelcase's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.25 B.Market Cap |
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Steelcase's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.08 | |
| Return On Capital Employed | 0.14 | 0.09 | |
| Return On Assets | 0.06 | 0.07 | |
| Return On Equity | 0.15 | 0.15 |
Determining Steelcase's profitability involves analyzing its financial statements and using various financial metrics to determine if Steelcase is a good buy. For example, gross profit margin measures Steelcase's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Steelcase's profitability and make more informed investment decisions.
Steelcase's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Steelcase's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Steelcase. Check Steelcase's Beneish M Score to see the likelihood of Steelcase's management manipulating its earnings.
Evaluate Steelcase's management efficiency
Steelcase has Return on Asset of 0.0373 % which means that on every $100 spent on assets, it made $0.0373 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1265 %, implying that it generated $0.1265 on every 100 dollars invested. Steelcase's management efficiency ratios could be used to measure how well Steelcase manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Steelcase's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.07 in 2025, whereas Return On Capital Employed is likely to drop 0.09 in 2025. At this time, Steelcase's Non Currrent Assets Other are comparatively stable compared to the past year. Intangible Assets is likely to gain to about 100.3 M in 2025, whereas Non Current Assets Total are likely to drop slightly above 995.9 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.37 | 8.27 | |
| Tangible Book Value Per Share | 4.51 | 6.17 | |
| Enterprise Value Over EBITDA | 6.32 | 8.06 | |
| Price Book Value Ratio | 2.23 | 2.20 | |
| Enterprise Value Multiple | 6.32 | 8.06 | |
| Price Fair Value | 2.23 | 2.20 | |
| Enterprise Value | 2.4 B | 2.8 B |
Steelcase showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Basic technical analysis of Steelcase Stock
As of the 20th of March, Steelcase has the Coefficient Of Variation of (710.62), variance of 3.22, and Risk Adjusted Performance of (0.12). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Steelcase, as well as the relationship between them. Please validate Steelcase coefficient of variation and maximum drawdown to decide if Steelcase is priced more or less accurately, providing market reflects its prevalent price of 11.06 per share. Given that Steelcase has information ratio of (0.09), we advise you to double-check Steelcase's current market performance to make sure the company can sustain itself at a future point.Steelcase's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Steelcase insiders, such as employees or executives, is commonly permitted as long as it does not rely on Steelcase's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Steelcase insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Sara Armbruster over three weeks ago Disposition of 14675 shares by Sara Armbruster of Steelcase at 6.81 subject to Rule 16b-3 | ||
Peter Wege over three months ago Acquisition by Peter Wege of 4300 shares of Steelcase subject to Rule 16b-3 | ||
Gupta Sanjay over six months ago Acquisition by Gupta Sanjay of 4694 shares of Steelcase subject to Rule 16b-3 | ||
Linda Williams over a year ago Acquisition by Linda Williams of 2573 shares of Steelcase subject to Rule 16b-3 | ||
Linda Williams over a year ago Acquisition by Linda Williams of 3803 shares of Steelcase subject to Rule 16b-3 | ||
Linda Williams over a year ago Acquisition by Linda Williams of 4448 shares of Steelcase subject to Rule 16b-3 | ||
Linda Williams over a year ago Acquisition by Linda Williams of 4300 shares of Steelcase subject to Rule 16b-3 | ||
Robin Zondervan over a year ago Acquisition by Robin Zondervan of 3020 shares of Steelcase subject to Rule 16b-3 |
Steelcase's Outstanding Corporate Bonds
Steelcase issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Steelcase uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Steelcase bonds can be classified according to their maturity, which is the date when Steelcase has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US858119BF68 Corp BondUS858119BF68 | View | |
| US858119BP41 Corp BondUS858119BP41 | View | |
| US858119BL37 Corp BondUS858119BL37 | View | |
| US858119BK53 Corp BondUS858119BK53 | View | |
| US858119BN92 Corp BondUS858119BN92 | View | |
| US858119BM10 Corp BondUS858119BM10 | View | |
| STEELCASE INC 5125 Corp BondUS858155AE40 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Understand Steelcase's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Steelcase's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (0.25) | |||
| Mean Deviation | 1.44 | |||
| Coefficient Of Variation | (710.62) | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.22 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.26) | |||
| Maximum Drawdown | 7.07 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 2.48 | |||
| Skewness | (0.08) | |||
| Kurtosis | 0.0235 |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (0.25) | |||
| Mean Deviation | 1.44 | |||
| Coefficient Of Variation | (710.62) | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.22 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (0.26) | |||
| Maximum Drawdown | 7.07 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 2.48 | |||
| Skewness | (0.08) | |||
| Kurtosis | 0.0235 |
Consider Steelcase's intraday indicators
Steelcase intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Steelcase stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Steelcase Corporate Filings
F3 | 18th of March 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F5 | 13th of March 2025 The annual filing required by the Securities and Exchange Commission (SEC) from company insiders or beneficial owners | ViewVerify |
F4 | 12th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 20th of December 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Steelcase Stock media impact
Far too much social signal, news, headlines, and media speculation about Steelcase that are available to investors today. That information is available publicly through Steelcase media outlets and privately through word of mouth or via Steelcase internal channels. However, regardless of the origin, that massive amount of Steelcase data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Steelcase news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Steelcase relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Steelcase's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Steelcase alpha.
Steelcase Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Steelcase can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Steelcase Historical Investor Sentiment
Investor biases related to Steelcase's public news can be used to forecast risks associated with an investment in Steelcase. The trend in average sentiment can be used to explain how an investor holding Steelcase can time the market purely based on public headlines and social activities around Steelcase. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Steelcase's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Steelcase and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Steelcase news discussions. The higher the estimate score, the more favorable the investor's outlook on Steelcase.
Steelcase Corporate Directors
| Todd Kelsey | Independent Director | Profile | |
| Peter Wege | Independent Director | Profile | |
| Catherine Schmetler | Independent Director | Profile | |
| Kate Wolters | Independent Director | Profile |
Additional Tools for Steelcase Stock Analysis
When running Steelcase's price analysis, check to measure Steelcase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.