Steelcase Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $8.55
- Today's High:
- $8.71
- Open Price:
- $8.59
- 52W Low:
- $5.9656
- 52W High:
- $10.3092
- Prev. Close:
- $8.59
- Volume:
- 368354
Company Statistics
- Market Cap.:
- $979.29 million
- Book Value:
- 7.276
- Revenue TTM:
- $3.24 billion
- Operating Margin TTM:
- 3.96%
- Gross Profit TTM:
- $921.90 million
- Profit Margin:
- 1.49%
- Return on Assets TTM:
- 3.72%
- Return on Equity TTM:
- 5.87%
Company Profile
Steelcase Inc had its IPO on 1998-02-19 under the ticker symbol SCS.
The company operates in the Industrials sector and Business Equipment & Supplies industry. Steelcase Inc has a staff strength of 12,000 employees.
Stock update
Shares of Steelcase Inc opened at $8.59 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $8.55 - $8.71, and closed at $8.58.
This is a -0.12% slip from the previous day's closing price.
A total volume of 368,354 shares were traded at the close of the day’s session.
In the last one week, shares of Steelcase Inc have slipped by -6.43%.
Steelcase Inc's Key Ratios
Steelcase Inc has a market cap of $979.29 million, indicating a price to book ratio of 0.9693 and a price to sales ratio of 0.2419.
In the last 12-months Steelcase Inc’s revenue was $3.24 billion with a gross profit of $921.90 million and an EBITDA of $218.60 million. The EBITDA ratio measures Steelcase Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Steelcase Inc’s operating margin was 3.96% while its return on assets stood at 3.72% with a return of equity of 5.87%.
In Q1.6666666666667, Steelcase Inc’s quarterly earnings growth was a positive 21.9% while revenue growth was a positive 1.5%.
Steelcase Inc’s PE and PEG Ratio
- Forward PE
- 7.3855
- Trailing PE
- 20.9512
- PEG
- 2.35
Its diluted EPS in the last 12-months stands at $0.41 per share while it has a forward price to earnings multiple of 7.3855 and a PEG multiple of 2.35. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Steelcase Inc’s profitability.
Steelcase Inc stock is trading at a EV to sales ratio of 0.7255 and a EV to EBITDA ratio of 11.1773. Its price to sales ratio in the trailing 12-months stood at 0.2419.
Steelcase Inc stock pays annual dividends of $0.445 per share, indicating a yield of 4.72% and a payout ratio of 57.97%.
Balance sheet and cash flow metrics
- Total Assets
- $2.13 billion
- Total Liabilities
- $533.60 million
- Operating Cash Flow
- $-11200000.00
- Capital Expenditure
- $11.70 million
- Dividend Payout Ratio
- 57.97%
Steelcase Inc ended 2024 with $2.13 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.13 billion while shareholder equity stood at $829.10 million.
Steelcase Inc ended 2024 with $0 in deferred long-term liabilities, $533.60 million in other current liabilities, in common stock, $868.70 million in retained earnings and $277.00 million in goodwill. Its cash balance stood at $40.20 million and cash and short-term investments were $40.20 million. The company’s total short-term debt was $46,800,000 while long-term debt stood at $445.70 million.
Steelcase Inc’s total current assets stands at $815.90 million while long-term investments were $51.40 million and short-term investments were $0. Its net receivables were $363.30 million compared to accounts payable of $215.30 million and inventory worth $307.30 million.
In 2024, Steelcase Inc's operating cash flow was $-11200000.00 while its capital expenditure stood at $11.70 million.
Comparatively, Steelcase Inc paid $0.58 in dividends in 2024.
Other key metrics
- Current Trading Price
- $8.58
- 52-Week High
- $10.3092
- 52-Week Low
- $5.9656
- Analyst Target Price
- $10.25
Steelcase Inc stock is currently trading at $8.58 per share. It touched a 52-week high of $10.3092 and a 52-week low of $10.3092. Analysts tracking the stock have a 12-month average target price of $10.25.
Its 50-day moving average was $8.39 and 200-day moving average was $7.64 The short ratio stood at 6.66 indicating a short percent outstanding of 0%.
Around 1354.2% of the company’s stock are held by insiders while 9119.7% are held by institutions.
Frequently Asked Questions About Steelcase Inc
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About
Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. It operates through Americas, EMEA, and Other segments. The company’s furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, and mobile power and screens. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific vertical markets, including education and healthcare. The company’s interior architectural products comprise full and partial height walls and architectural pods. It also provides textiles, wall coverings, and surface imaging solutions for architects and designers; and workplace strategy consulting, lease origination, and furniture and asset management services. The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, AMQ, Coalesse, HALCON, Orangebox, Smith System, Designtex, and Viccarbe brands. It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers. The company was incorporated in 1912 and is headquartered in Grand Rapids, Michigan.