Steelcase Inc. ($SCS): Analyzing Q2 FY2025 Results Steelcase Inc. (NYSE: NYSE:SCS ), a leader in workplace furniture, reported strong second-quarter fiscal 2025 results, showcasing improvements across key financial metrics. Despite this, the stock saw a sharp decline of nearly 8% in premarket trading, signaling potential bearish sentiment on the ho
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1.02 USD
120.70 M USD
3.17 B USD
84.66 M
About Steelcase Inc.
Sector
Industry
CEO
Sara E. Armbruster
Website
Headquarters
Grand Rapids
Founded
1912
FIGI
BBG000BLBGS2
Steelcase, Inc. engages in the manufacture and distribution of office environments. It operates through the following segments: Americas, EMEA, and Other. The Americas segment serves customers in the US, Canada, the Caribbean Islands, and Latin America through the Steelcase, AMQ, Coalesse, HALCON, Orangebox, Smith System, and Viccarbe brands. The EMEA segment provides service to customers in Europe, the Middle East, and Africa under the Steelcase, Coalesse, Orangebox and Viccarbe brands. The Other segment includes Asia Pacific and Designtex. The company was founded by Peter Martin Wege, Walter D. Idema, and David Hunting on March 14, 1912 and is headquartered in Grand Rapids, MI.
SCS Entry, Volume, Target, StopSHORT TRADE IDEA
Entry: with price below 10.82
Volume: with volume greater than average
Target: 8.90 area (this is an area, no guarantee it reaches this price, but you should be selling on the way down)
Stop: Depending on your risk tolerance; I would have a hard stop set at 11.39, 1 penny ov
September Trades (SCS, BUY, 9.20-9.20, 10%)Steelcase (SCS) reported earnings of $0.31 per share on revenue of $854.60 million for the fiscal second quarter ended August 2023. The consensus earnings estimate was $0.198 per share on revenue of $854.6million. The company beat consensus estimates by 56.96% while revenue beat expectations by 3.11
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An aggregate view of professional's ratings.
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Frequently Asked Questions
The current price of SCS is 9.93 USD — it has increased by 0.49% in the past 24 hours. Watch Steelcase Inc. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange Steelcase Inc. stocks are traded under the ticker SCS.
SCS stock has risen by 0.69% compared to the previous week, the month change is a −6.06% fall, over the last year Steelcase Inc. has showed a −18.68% decrease.
We've gathered analysts' opinions on Steelcase Inc. future price: according to them, SCS price has a max estimate of 18.00 USD and a min estimate of 16.00 USD. Watch SCS chart and read a more detailed Steelcase Inc. stock forecast: see what analysts think of Steelcase Inc. and suggest that you do with its stocks.
SCS stock is 3.96% volatile and has beta coefficient of 0.78. Track Steelcase Inc. stock price on the chart and check out the list of the most volatile stocks — is Steelcase Inc. there?
Today Steelcase Inc. has the market capitalization of 1.16 B, it has decreased by −9.89% over the last week.
Yes, you can track Steelcase Inc. financials in yearly and quarterly reports right on TradingView.
Steelcase Inc. is going to release the next earnings report on Jun 18, 2025. Keep track of upcoming events with our Earnings Calendar.
SCS earnings for the last quarter are 0.26 USD per share, whereas the estimation was 0.20 USD resulting in a 26.83% surprise. The estimated earnings for the next quarter are 0.14 USD per share. See more details about Steelcase Inc. earnings.
Steelcase Inc. revenue for the last quarter amounts to 788.00 M USD, despite the estimated figure of 781.63 M USD. In the next quarter, revenue is expected to reach 762.35 M USD.
SCS net income for the last quarter is 27.60 M USD, while the quarter before that showed 18.50 M USD of net income which accounts for 49.19% change. Track more Steelcase Inc. financial stats to get the full picture.
Yes, SCS dividends are paid quarterly. The last dividend per share was 0.10 USD. As of today, Dividend Yield (TTM)% is 3.91%. Tracking Steelcase Inc. dividends might help you take more informed decisions.
Steelcase Inc. dividend yield was 3.25% in 2024, and payout ratio reached 39.40%. The year before the numbers were 3.13% and 58.72% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Steelcase Inc. EBITDA is 249.70 M USD, and current EBITDA margin is 7.89%. See more stats in Steelcase Inc. financial statements.
Like other stocks, SCS shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Steelcase Inc. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Steelcase Inc. technincal analysis shows the strong sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Steelcase Inc. stock shows the strong sell signal. See more of Steelcase Inc. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.