Steelcase to Webcast Third Quarter Fiscal 2025 Conference Call
| SCS Stock | USD 12.42 0.11 0.88% |
Slightly above 62% of Steelcase's investor base is looking to short. The analysis of overall sentiment of trading Steelcase stock suggests that many investors are alarmed at this time. Steelcase's investing sentiment can be driven by a variety of factors including economic data, Steelcase's earnings reports, geopolitical events, and overall market trends.
Steelcase |
GRAND RAPIDS, Mich., Nov. 27, 2024 -- Steelcase Inc. will webcast a discussion of its third quarter fiscal year 2025 financial result
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Steelcase Fundamental Analysis
We analyze Steelcase's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Steelcase using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Steelcase based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Gross Profit
Gross Profit Comparative Analysis
Steelcase is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Steelcase Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Steelcase stock to make a market-neutral strategy. Peer analysis of Steelcase could also be used in its relative valuation, which is a method of valuing Steelcase by comparing valuation metrics with similar companies.
Peers
Steelcase Related Equities
| ACTG | Acacia Research | 1.19 | ||||
| ACCO | Acco Brands | 0.89 | ||||
| HNI | HNI Corp | 0.02 | ||||
| EBF | Ennis | 0.47 |
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.