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As of close of business last night, Steelcase, Inc.’s stock clocked out at $13.30, up 4.40% from its previous closing price of $12.74. In other words, the price has increased by $4.40 from its previous closing price. On the day, 0.99 million shares were traded. SCS stock price reached its highest trading level at $13.31 during the session, while it also had its lowest trading level at $12.956.
Ratios:
To gain a deeper understanding of SCS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.80. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.61. In the meantime, Its Debt-to-Equity ratio is 0.70 whereas as Long-Term Debt/Eq ratio is at 0.65.
On October 04, 2022, Sidoti Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $11.
Sidoti Downgraded its Buy to Neutral on September 15, 2022, while the target price for the stock was maintained at $12.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jun 24 ’24 when Flynn Donna K sold 13,310 shares for $13.72 per share. The transaction valued at 182,613 led to the insider holds 78,733 shares of the business.
Krestakos Robert G sold 4,000 shares of SCS for $50,453 on Mar 25 ’24. The VP, Chief Operations Officer now owns 108,081 shares after completing the transaction at $12.61 per share. On Dec 27 ’23, another insider, McGrath Nicole Cherie, who serves as the VP, Corp Controller and CAO of the company, sold 1,792 shares for $13.95 each. As a result, the insider received 24,998 and left with 33,899 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 1517968896 and an Enterprise Value of 1920075392. As of this moment, Steelcase,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.70, and their Forward P/E ratio for the next fiscal year is 11.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 0.612 whereas that against EBITDA is 8.861.
Stock Price History:
The Beta on a monthly basis for SCS is 1.33, which has changed by 0.74540687 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, SCS has reached a high of $14.54, while it has fallen to a 52-week low of $7.46. The 50-Day Moving Average of the stock is 3.05%, while the 200-Day Moving Average is calculated to be 6.83%.
Shares Statistics:
It appears that SCS traded 671.45K shares on average per day over the past three months and 759960 shares per day over the past ten days. A total of 93.94M shares are outstanding, with a floating share count of 85.41M. Insiders hold about 25.16% of the company’s shares, while institutions hold 74.66% stake in the company. Shares short for SCS as of 1718323200 were 2097400 with a Short Ratio of 3.97, compared to 1715731200 on 2144296. Therefore, it implies a Short% of Shares Outstanding of 2097400 and a Short% of Float of 2.56.
Dividends & Splits
With its trailing 12-month dividend rate of 0.4, SCS has a forward annual dividend rate of 0.40. Against a Trailing Annual Dividend Yield of 0.031397175The stock’s 5-year Average Dividend Yield is 4.22.
