Stock Price & Analysis

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$
0.000
0.000(0%)6M

SCS Stock Price Chart

5D
1M
3M
6M
YTD
1Y
5Y

SCS Fundamental Analysis

2
buy
Moderate Buy
Buy
Hold
Sell
bubble
High
16.00
bubble
Averages
16.00
bubble
Low
16.00
Analyst
Rating
Action
Price Target
Date
Rating Reason
Noble Capital Markets
Joe Gomes
Buy
Initiates
$16
2024-10-09
Noble
bubble
Benchmark
Reuben Garner
Strong Buy
Maintains
$17 → $18
2024-06-24
Benchmark
Reuben Garner
Strong Buy
Maintains
$17 → $18
2024-06-21
Benchmark
Reuben Garner
Hold
Strong Buy
Upgrades
$17
2024-06-14
Benchmark
Reuben Garner
Strong Buy
Hold
Downgrades
n/a
2022-11-30

SCS Earnings Analysis

Steelcase, Inc. Corporation (SCS.N) Q3 2025 Earnings Conference Call

Positive

  • Organic Revenue Growth: In Q3, we delivered 3% organic revenue growth and stronger-than-expected adjusted earnings of $0.30 per share.

  • Gross Margin Expansion: For the 10th consecutive quarter, we drove year-over-year gross margin expansion as our teams delivered solid cost improvement results, capturing the benefit of higher revenue.

  • Americas Segment Performance: The Americas segment delivered 7% organic revenue growth and an adjusted operating margin of 8.1%.

  • Liquidity Exceeds Total Debt: Our total liquidity, which includes the cash surrender value of COLI, aggregated to $577 million at the end of the quarter, exceeding our total debt of $447 million.

  • Share Repurchase Activity: We repurchased approximately 400,000 shares in the third quarter or approximately 2.1 million shares on a year-to-date basis.

Negative

  • Earnings Exceed Expectations: Despite our industry not growing as expected, our fully year adjusted earnings per share are projected to finish above the top end of the targets we communicated at the beginning of the year.

  • Organic Revenue Growth: In Q3, we delivered 3% organic revenue growth and stronger-than-expected adjusted earnings of $0.30 per share.

  • Gross Margin Expansion Success: For the 10th consecutive quarter, we drove year-over-year gross margin expansion as our teams delivered solid cost improvement results, and we captured the benefit of higher revenue.

  • Order Growth and Market Share: The Americas also drove our fifth consecutive quarter of year-over-year order growth and based on the latest industry data, we've increased our market share against this year.

  • Liquidity Exceeds Total Debt: Our total liquidity, which includes the cash surrender value of COLI aggregated to $577 million at the end of the quarter, which exceeded our total debt of $447 million.

SCS News

bubble
9.5
03-06Newsfilter
Steelcase to Webcast Fourth Quarter and Fiscal 2024 Conference Call
bubble
9.5
2024-12-20Business Insider
Steelcase Reports Modest Growth Amid Market Challenges
bubble
9.5
2024-12-19Newsfilter
Steelcase Inc. (SCS) Q3 2025 Earnings Call Transcript
bubble
8.0
2024-12-19SeekingAlpha
Steelcase declares $0.10 dividend
bubble
9.5
2024-12-18Investing.com
Steelcase beats Q3 earnings estimates, revenue slightly misses By Investing.com

SCS FAQs

What is surpport and resistant level for SCS Stock?

The S1 support level for SCS Stock is $10.91 ,The R1 resistant level for SCS Stock is $12.04.

What is the current price of SCS Stock?

What is the target price of SCS Stock?

What is the market cap of Steelcase Inc?

What is Steelcase Inc (SCS)'s business?

How many employees does SCS have?

SCS Key Stats

High
10.990
Vol
726.62K
Low
10.815
Amount
7.95M
Open
10.890
VWAP
10.95
Mkt Cap
1.25B
EV/EBITDA(TTM)
5.33

SCS Company Profile

Steelcase Inc. is engaged in furnishing the work experience in office environments. The Company, through its brands Steelcase, AMQ, Coalesse, Designtex, HALCON, Orangebox, Smith System and Viccarbe, offers a comprehensive portfolio of furniture and architectural products and services designed to help customers create workplaces. Its furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches and tables and complementary products such as work accessories, lighting, mobile power and screens. Its seating products include task chairs that are ergonomic, seating that can be used in collaborative environments and casual settings and specialty seating for specific vertical markets such as education and healthcare. Its interior architectural products include full and partial height walls and free-standing architectural pods. Its services include workplace strategy consulting, lease origination services and furniture and asset management.