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After finishing at $11.82 in the prior trading day, Steelcase, Inc. (NYSE: SCS) closed at $11.83, up 0.08%. In other words, the price has increased by $0.08 from its previous closing price. On the day, 0.7 million shares were traded. SCS stock price reached its highest trading level at $11.97 during the session, while it also had its lowest trading level at $11.775.
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 4.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.16. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 0.71 whereas as Long-Term Debt/Eq ratio is at 0.66.
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:
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 Mar 25 ’24 when Krestakos Robert G sold 4,000 shares for $12.61 per share. The transaction valued at 50,453 led to the insider holds 108,081 shares of the business.
McGrath Nicole Cherie sold 1,792 shares of SCS for $24,998 on Dec 27 ’23. The VP, Corp Controller and CAO now owns 33,899 shares after completing the transaction at $13.95 per share. On Dec 26 ’23, another insider, Krestakos Robert G, who serves as the VP, Global Operations of the company, sold 3,800 shares for $13.83 each. As a result, the insider received 52,560 and left with 110,489 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 1357244032 and an Enterprise Value of 1668643584. As of this moment, Steelcase,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.60, and their Forward P/E ratio for the next fiscal year is 11.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 0.528 whereas that against EBITDA is 7.661.
Stock Price History:
Over the past 52 weeks, SCS has reached a high of $14.54, while it has fallen to a 52-week low of $6.39. The 50-Day Moving Average of the stock is -7.43%, while the 200-Day Moving Average is calculated to be 5.39%.
Shares Statistics:
The stock has traded on average 819.83K shares per day over the past 3-months and 759140 shares per day over the last 10 days, according to various share statistics. A total of 93.94M shares are outstanding, with a floating share count of 84.48M. Insiders hold about 26.00% of the company’s shares, while institutions hold 72.58% stake in the company. Shares short for SCS as of 1711584000 were 2530754 with a Short Ratio of 3.09, compared to 1709164800 on 3157195. Therefore, it implies a Short% of Shares Outstanding of 2530754 and a Short% of Float of 3.11.
Dividends & Splits
In the trailing 12 months, SCS’s forward annual dividend rate was 0.4, compared to 0.40 this year. The stock’s 5-year Average Dividend Yield is 4.23.
Earnings Estimates
The company has SELLAS Life Sciences Group, Inc analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $27.41, with high estimates of $68.26 and low estimates of $15.84.
EPS for the following year is $ETF, with Stocks analysts recommending between $Stocks and $ETF.
