How did Steelcase, Inc (SCS) surprise investors with its report?

Steelcase, Inc [SCS] stock prices are up 2.55% to $10.85 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SCS shares have gain 5.54% over the last week, with a monthly amount drifted -0.37%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, The Benchmark Company downgraded its rating to Hold on November 30, 2022. On October 04, 2022, upgrade upgraded it’s rating to Buy but maintained its price target of $11 on the stock. Sidoti downgraded its rating to a Neutral but stick to its price target of $12 on September 15, 2022. Berenberg initiated its recommendation with a Buy and recommended $17 as its price target on May 11, 2021. The Benchmark Company upgraded its rating to Buy for this stock on May 07, 2021, but kept the price target unchanged to $17. In a note dated September 15, 2020, Sidoti upgraded an Buy rating on this stock.

The stock price of Steelcase, Inc [SCS] has been fluctuating between $9.31 and $14.74 over the past year. Steelcase, Inc [NYSE: SCS] shares were valued at $10.85 at the most recent close of the market.

Analyzing the SCS fundamentals

The Steelcase, Inc [NYSE:SCS] reported sales of 3.22B for trailing twelve months, representing a surge of 7.11%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.13 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.61.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.64 points at the first support level, and at 10.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.01, and for the 2nd resistance point, it is at 11.16.

Ratios To Look Out For

It’s worth pointing out that Steelcase, Inc [NYSE:SCS]’s Current Ratio is 1.65. As well, the Quick Ratio is 1.15, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 0.39, the price to book ratio is 1.27 and price to earnings (TTM) ratio is 10.52.

Transactions by insiders

Recent insider trading involved ROBERT KRESTAKOS, Officer, that happened on Jul 11 ’25 when 12000.0 shares were purchased. VP, Chief Operations Officer, Krestakos Robert G completed a deal on Jul 11 ’25 to sell 12000.0 shares. Meanwhile, VP, Chief Operations Officer Krestakos Robert G sold 6000.0 shares on Apr 14 ’25.

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