Steelcase Stock Price Prediction

SCS Stock  USD 11.70  0.14  1.21%   
At this time, the relative strength index (RSI) of Steelcase's share price is approaching 34. This usually implies that the stock is in nutural position, most likellhy at or near its support level. The main point of RSI analysis is to track how fast people are buying or selling Steelcase, making its price go up or down.

Oversold Vs Overbought

34

 
Oversold
 
Overbought
The successful prediction of Steelcase's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Steelcase and does not consider all of the tangible or intangible factors available from Steelcase's fundamental data. We analyze noise-free headlines and recent hype associated with Steelcase, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Steelcase's stock price prediction:
Quarterly Earnings Growth
1.304
EPS Estimate Current Year
1.038
EPS Estimate Next Year
1.09
Wall Street Target Price
16.5
EPS Estimate Current Quarter
0.22
Using Steelcase hype-based prediction, you can estimate the value of Steelcase from the perspective of Steelcase response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Steelcase using Steelcase's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Steelcase using crowd psychology based on the activity and movement of Steelcase's stock price.

Steelcase Implied Volatility

    
  0.88  
Steelcase's implied volatility exposes the market's sentiment of Steelcase stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Steelcase's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Steelcase stock will not fluctuate a lot when Steelcase's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Steelcase to buy its stock at a price that has no basis in reality. In that case, they are not buying Steelcase because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Steelcase after-hype prediction price

    
  USD 11.63  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Steelcase contract

Based on the Rule 16, the options market is currently suggesting that Steelcase will have an average daily up or down price movement of about 0.055% per day over the life of the 2025-04-17 option contract. With Steelcase trading at USD 11.7, that is roughly USD 0.006435 . If you think that the market is fully incorporating Steelcase's daily price movement you should consider acquiring Steelcase options at the current volatility level of 0.88%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out Steelcase Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Steelcase's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
10.5314.2416.16
Details
2 Analysts
Consensus
LowTargetHigh
15.0216.5018.32
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.240.260.27
Details

Steelcase After-Hype Price Prediction Density Analysis

As far as predicting the price of Steelcase at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Steelcase or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Steelcase, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Steelcase Estimiated After-Hype Price Volatility

In the context of predicting Steelcase's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Steelcase's historical news coverage. Steelcase's after-hype downside and upside margins for the prediction period are 9.71 and 13.55, respectively. We have considered Steelcase's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
11.70
11.63
After-hype Price
13.55
Upside
Steelcase is not too volatile at this time. Analysis and calculation of next after-hype price of Steelcase is based on 3 months time horizon.

Steelcase Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company 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. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Steelcase, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.12 
1.92
  0.07 
  0.02 
8 Events / Month
3 Events / Month
In about 8 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
11.70
11.63
0.60 
309.68  
Notes

Steelcase Hype Timeline

On the 18th of January 2025 Steelcase is traded for 11.70. The entity has historical hype elasticity of -0.07, and average elasticity to hype of competition of -0.02. Steelcase is forecasted to decline in value after the next headline, with the price expected to drop to 11.63. The average volatility of media hype impact on the company price is over 100%. The price depreciation on the next news is expected to be -0.6%, whereas the daily expected return is at this time at -0.12%. The volatility of related hype on Steelcase is about 948.15%, with the expected price after the next announcement by competition of 11.68. About 13.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.43. 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 1.07. The entity last dividend was issued on the 30th of September 2024. The firm had 1:5 split on the 11th of August 2006. Considering the 90-day investment horizon the next forecasted press release will be in about 8 days.
Check out Steelcase Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Steelcase Related Hype Analysis

Having access to credible news sources related to Steelcase's direct competition is more important than ever and may enhance your ability to predict Steelcase's future price movements. Getting to know how Steelcase's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Steelcase may potentially react to the hype associated with one of its peers.

Steelcase Additional Predictive Modules

Most predictive techniques to examine Steelcase price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Steelcase using various technical indicators. When you analyze Steelcase charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Steelcase Predictive Indicators

The successful prediction of Steelcase stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Steelcase, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Steelcase based on analysis of Steelcase hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Steelcase's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Steelcase's related companies.
 2013 2019 2025 (projected)
Dividend Yield0.03140.03260.17
Price To Sales Ratio0.590.460.77

Story Coverage note for Steelcase

The number of cover stories for Steelcase depends on current market conditions and Steelcase's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Steelcase is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Steelcase's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Steelcase Short Properties

Steelcase's future price predictability will typically decrease when Steelcase's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Steelcase often depends not only on the future outlook of the potential Steelcase's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Steelcase's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding114.5 M
Cash And Short Term Investments318.6 M

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.