Steelcase Stock Analysis

Steelcase Stock Analysis Notes

About 13.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.62. 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 1.17. The entity last dividend was issued on the 30th of September 2024. The firm had 1:5 split on the 11th of August 2006. Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. The company was founded in 1912 and is headquartered in Grand Rapids, Michigan. Steelcase operates under Business Equipment Supplies classification in the United States and is traded on New York Stock Exchange. It employs 11600 people. To find out more about Steelcase contact James Keane at 616 247 2710 or learn more at https://www.steelcase.com.

Steelcase Investment Alerts

Steelcase Upcoming and Recent Events

Steelcase Largest EPS Surprises

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Steelcase Environmental, Social, and Governance (ESG) Scores

Steelcase Thematic Classifications

Steelcase Stock Institutional Investors

Note, although Steelcase's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Steelcase Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.51 B.

Steelcase Profitablity

The company has Net Profit Margin of 0.04 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.06 %, which entails that for every 100 dollars of revenue, it generated $0.06 of operating income.

Management Efficiency

Steelcase has Return on Asset of 0.039 % which means that on every $100 spent on assets, it made $0.039 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1412 %, implying that it generated $0.1412 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. Return On Tangible Assets is likely to gain to 0.07 in 2024. Return On Capital Employed is likely to gain to 0.14 in 2024. At this time, Steelcase's Non Currrent Assets Other are comparatively stable compared to the past year. Total Current Assets is likely to gain to about 1 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 995.9 M in 2024.

Technical Drivers

As of the 25th of November, Steelcase has the Semi Deviation of 2.01, coefficient of variation of 20192.74, and Risk Adjusted Performance of 0.0099. 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 information ratio, as well as the relationship between the potential upside and kurtosis to decide if Steelcase is priced more or less accurately, providing market reflects its prevalent price of 13.27 per share. Given that Steelcase has jensen alpha of (0.17), we advise you to double-check Steelcase's current market performance to make sure the company can sustain itself at a future point.

Steelcase Price Movement Analysis

Steelcase Insider Trading Activities

Steelcase Outstanding Bonds

Steelcase Predictive Daily Indicators

Steelcase Corporate Filings

Steelcase Forecast Models

Steelcase's time-series forecasting models are one of many Steelcase's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Steelcase's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Steelcase prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Steelcase shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Steelcase. By using and applying Steelcase Stock analysis, traders can create a robust methodology for identifying Steelcase entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Steelcase analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Steelcase analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Steelcase stock analysis indicators help investors evaluate how Steelcase stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Steelcase shares will generate the highest return on investment. By understating and applying Steelcase stock analysis, traders can identify Steelcase position entry and exit signals to maximize returns.

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.