Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Steelcase, Inc (NYSE: SCS) closed at $11.65 down -0.77% from its previous closing price of $11.74. In other words, the price has decreased by -$0.77 from its previous closing price. On the day, 0.8 million shares were traded. SCS stock price reached its highest trading level at $11.841 during the session, while it also had its lowest trading level at $11.465.
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 3.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.91. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 0.64 whereas as Long-Term Debt/Eq ratio is at 0.60.
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 Oct 15 ’24 when Krestakos Robert G sold 4,000 shares for $13.11 per share. The transaction valued at 52,440 led to the insider holds 119,481 shares of the business.
ROBERT KRESTAKOS bought 4,000 shares of SCS for $52,445 on Oct 15 ’24. On Jul 24 ’24, another insider, Sylvester David C, who serves as the SVP, Chief Financial Officer of the company, sold 73,184 shares for $13.84 each. As a result, the insider received 1,012,603 and left with 551,592 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 1324861312 and an Enterprise Value of 1695066496. As of this moment, Steelcase,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.20, and their Forward P/E ratio for the next fiscal year is 10.69. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 1.42. Its current Enterprise Value per Revenue stands at 0.54 whereas that against EBITDA is 7.653.
Stock Price History:
Over the past 52 weeks, SCS has reached a high of $14.74, while it has fallen to a 52-week low of $11.50. The 50-Day Moving Average of the stock is -10.15%, while the 200-Day Moving Average is calculated to be -10.47%.
Shares Statistics:
For the past three months, SCS has traded an average of 544.80K shares per day and 745890 over the past ten days. A total of 94.08M shares are outstanding, with a floating share count of 84.64M. Insiders hold about 25.49% of the company’s shares, while institutions hold 73.94% stake in the company. Shares short for SCS as of 1732838400 were 1570273 with a Short Ratio of 2.88, compared to 1730332800 on 1880086. Therefore, it implies a Short% of Shares Outstanding of 1570273 and a Short% of Float of 1.91.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.2.
