Steelcase, Inc. (NYSE: SCS) flaunted slowness of -3.30% at $12.60, before settling in for the price of $13.03 at the close. Taking a more long-term approach, SCS posted a 52-week range of $10.29-$14.74.
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The Industrials Sector giants’ yearly sales growth during the last 5-year period was -0.20%. Meanwhile, its Annual Earning per share during the time was -8.37%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.67%. This publicly-traded company’s shares outstanding now amounts to $93.94 million, simultaneously with a float of $85.35 million. The organization now has a market capitalization sitting at $1.44 billion. At the time of writing, stock’s 50-day Moving Average stood at $13.26, while the 200-day Moving Average is $13.01.
Steelcase, Inc. (SCS) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Steelcase, Inc. industry. Steelcase, Inc.’s current insider ownership accounts for 25.11%, in contrast to 73.22% institutional ownership. According to the most recent insider trade that took place on Jul 24 ’24, this organization’s SVP, Chief Financial Officer sold 73,184 shares at the rate of 13.84, making the entire transaction reach 1,012,603 in total value, affecting insider ownership by 551,592. Preceding that transaction, on Jul 25 ’24, Company’s SVP, Chief Financial Officer sold 1,816 for 13.76, making the whole transaction’s value amount to 24,988. This particular insider is now the holder of 549,776 in total.
Steelcase, Inc. (SCS) Earnings and Revenue Records
Steelcase, Inc.’s EPS increase for this current 12-month fiscal period is 6.67% and is forecasted to reach 1.13 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the -8.37% growth it accomplished over the previous five years trading on the market.
Steelcase, Inc. (NYSE: SCS) Trading Performance Indicators
Let’s observe the current performance indicators for Steelcase, Inc. (SCS). It’s Quick Ratio in the last reported quarter now stands at 1.23. The Stock has managed to achieve an average true range (ATR) of 0.40. Alongside those numbers, its PE Ratio stands at $11.98, and its Beta score is 1.32. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.46. Similarly, its price to free cash flow for trailing twelve months is now 8.02.
In the same vein, SCS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.05, a figure that is expected to reach 0.22 in the next quarter, and analysts are predicting that it will be 1.13 at the market close of one year from today.
Technical Analysis of Steelcase, Inc. (SCS)
Now, what If we examine the latest scores posted by [Steelcase, Inc., SCS]. During the last 5-days, its volume was lower the volume of 0.71 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 25.06% While, its Average True Range was 0.39.
Raw Stochastic average of Steelcase, Inc. (SCS) in the period of the previous 100 days is set at 23.30%, which indicates a major rise in contrast to 10.48% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 30.90% that was lower than 36.78% volatility it exhibited in the past 100-days period.
