Steelcase Stock Today

SCS Stock  USD 13.04  0.03  0.23%   

Performance

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Odds Of Distress

Less than 9

 
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Low
Steelcase is selling for under 13.04 as of the 21st of November 2024; that is 0.23 percent decrease since the beginning of the trading day. The stock's lowest day price was 12.94. Steelcase has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Steelcase are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
19th of February 1998
Category
Consumer Cyclical
Classification
Industrials
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. The company has 93.96 M outstanding shares of which 1.88 M shares are at this time shorted by investors with about 3.89 days to cover. More on Steelcase

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Steelcase Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOJames Keane
Thematic IdeaBusiness Supplies (View all Themes)
Old Names[ScS group plc, GPO SOARES DA COSTA, GPO SOARES DA COSTA, SDC Investimentos S.A, GPO SOARES DA COSTA - Frankfurt Stock Exchang]
Business ConcentrationCommercial Services & Supplies, Commercial & Professional Services, Consumer Cyclical, NYSE Composite, Business Supplies, Industrials, Commercial Services & Supplies, Business Equipment & Supplies, Industrials (View all Sectors)
Average Analyst Recommendation
Debt Levels
Steelcase can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Steelcase's financial leverage. It provides some insight into what part of Steelcase's total assets is financed by creditors.
Liquidity
Steelcase has 630 M in debt with debt to equity (D/E) ratio of 0.97, which is OK given its current industry classification. Steelcase has a current ratio of 1.28, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Steelcase to invest in growth at high rates of return.

Dividends Paid

53.83 Million
Steelcase (SCS) is traded on New York Stock Exchange in USA. It is located in 901 44th Street SE, Grand Rapids, MI, United States, 49508 and employs 11,300 people. Steelcase is listed under Commercial Services & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.49 B. Steelcase runs under Commercial Services & Supplies sector within Industrials industry. The entity has 93.96 M outstanding shares of which 1.88 M shares are at this time shorted by investors with about 3.89 days to cover. Steelcase has about 90.4 M in cash with 308.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46.
Check Steelcase Probability Of Bankruptcy
Ownership Allocation
Steelcase shows a total of 93.96 Million outstanding shares. The majority of Steelcase outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Steelcase to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Steelcase. Please pay attention to any change in the institutional holdings of Steelcase as this could imply that something significant has changed or is about to change at the company. Also note that roughly seven million eight hundred seven thousand nine hundred fifty-one invesors are currently shorting Steelcase expressing very little confidence in its future performance.
Check Steelcase Ownership Details

Steelcase Stock Institutional Holders

InstituionRecorded OnShares
Bank Of America Corp2024-06-30
1.9 M
Arrowstreet Capital Limited Partnership2024-06-30
1.8 M
Morgan Stanley - Brokerage Accounts2024-06-30
1.3 M
Allianz Asset Management Ag2024-06-30
1.3 M
Globeflex Capital, L.p.2024-09-30
1.2 M
Goldman Sachs Group Inc2024-06-30
1.1 M
Bridgeway Capital Management, Llc2024-06-30
M
Bank Of New York Mellon Corp2024-06-30
995.1 K
Jacobs Levy Equity Management, Inc.2024-06-30
978.2 K
Vanguard Group Inc2024-09-30
10.3 M
Blackrock Inc2024-06-30
8.3 M
View Steelcase Diagnostics

Steelcase Historical Income Statement

At this time, Steelcase's Selling And Marketing Expenses is comparatively stable compared to the past year. Interest Income is likely to gain to about 10.7 M in 2024, whereas Interest Expense is likely to drop slightly above 19.3 M in 2024. View More Fundamentals

Steelcase Stock Against Markets

Steelcase Corporate Directors

Todd KelseyIndependent DirectorProfile
Peter WegeIndependent DirectorProfile
Catherine SchmetlerIndependent DirectorProfile
Kate WoltersIndependent DirectorProfile

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.