Stock Market Recap: Steelcase, Inc (SCS) Concludes at 10.93, a -0.73 Surge/Decline

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After finishing at $11.01 in the prior trading day, Steelcase, Inc (NYSE: SCS) closed at $10.93, down -0.73%. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 0.57 million shares were traded. SCS stock price reached its highest trading level at $11.09 during the session, while it also had its lowest trading level at $10.905.

Ratios:

Our goal is to gain a better understanding of SCS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.77. 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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 22 ’25 when Krestakos Robert G sold 5,000 shares for $11.74 per share. The transaction valued at 58,700 led to the insider holds 114,481 shares of the business.

ROBERT KRESTAKOS bought 5,000 shares of SCS for $58,690 on Jan 22 ’25. On Oct 15 ’24, another insider, Krestakos Robert G, who serves as the VP, Chief Operations Officer of the company, sold 4,000 shares for $13.11 each. As a result, the insider received 52,440 and left with 119,481 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 1252075264 and an Enterprise Value of 1435880704. As of this moment, Steelcase,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.45, and their Forward P/E ratio for the next fiscal year is 10.07. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.39 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 0.455 whereas that against EBITDA is 6.611.

Stock Price History:

The Beta on a monthly basis for SCS is 1.11, which has changed by -0.1624521 over the last 52 weeks, in comparison to a change of 0.07465422 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 $10.78. The 50-Day Moving Average of the stock is -6.14%, while the 200-Day Moving Average is calculated to be -14.13%.

Shares Statistics:

The stock has traded on average 622.39K shares per day over the past 3-months and 572900 shares per day over the last 10 days, according to various share statistics. A total of 94.08M shares are outstanding, with a floating share count of 84.89M. Insiders hold about 25.36% of the company’s shares, while institutions hold 73.57% stake in the company. Shares short for SCS as of 1740700800 were 1628180 with a Short Ratio of 2.62, compared to 1738281600 on 953348. Therefore, it implies a Short% of Shares Outstanding of 1628180 and a Short% of Float of 1.9800000000000002.

Dividends & Splits

In the trailing 12 months, SCS’s forward annual dividend rate was 0.4, compared to 0.40 this year. Against a Trailing Annual Dividend Yield of 0.036330607The stock’s 5-year Average Dividend Yield is 4.21.

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