Market Insight: Steelcase, Inc (SCS)’s Notable Drop, Closing at 9.95

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In the latest session, Steelcase, Inc (NYSE: SCS) closed at $9.95 down -2.74% from its previous closing price of $10.23. In other words, the price has decreased by -$2.74 from its previous closing price. On the day, 0.84 million shares were traded. SCS stock price reached its highest trading level at $10.23 during the session, while it also had its lowest trading level at $9.86.

Ratios:

For a deeper understanding of Steelcase, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.59.

Sidoti Upgraded its Neutral to Buy on October 04, 2022, while the target price for the stock was maintained at $11.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 14 ’25 when Krestakos Robert G sold 6,000 shares for $10.13 per share. The transaction valued at 60,757 led to the insider holds 139,912 shares of the business.

ROBERT KRESTAKOS bought 6,000 shares of SCS for $60,756 on Apr 14 ’25. On Jan 22 ’25, another insider, Krestakos Robert G, who serves as the VP, Chief Operations Officer of the company, sold 5,000 shares for $11.74 each. As a result, the insider received 58,700 and left with 114,481 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SCS now has a Market Capitalization of 1131533824 and an Enterprise Value of 1382919936. As of this moment, Steelcase,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.79, and their Forward P/E ratio for the next fiscal year is 7.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 0.437 whereas that against EBITDA is 5.538.

Stock Price History:

The Beta on a monthly basis for SCS is 1.14, which has changed by -0.1582064 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, SCS has reached a high of $14.74, while it has fallen to a 52-week low of $9.58. The 50-Day Moving Average of the stock is -12.15%, while the 200-Day Moving Average is calculated to be -20.44%.

Shares Statistics:

For the past three months, SCS has traded an average of 734.31K shares per day and 994700 over the past ten days. A total of 113.72M shares are outstanding, with a floating share count of 84.66M. Insiders hold about 25.56% of the company’s shares, while institutions hold 72.98% stake in the company. Shares short for SCS as of 1743379200 were 2210818 with a Short Ratio of 3.01, compared to 1740700800 on 1628180. Therefore, it implies a Short% of Shares Outstanding of 2210818 and a Short% of Float of 2.69.

Dividends & Splits

According to the company, the forward annual dividend rate for SCS is 0.40, from 0.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.039100688The stock’s 5-year Average Dividend Yield is 4.17.

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