Steelcase (SCS) Competitors

$12.42
+0.23 (+1.89%)
(As of 04/23/2024 ET)

SCS vs. HNI, ADV, LUMN, MLNK, MEG, GCT, AVPT, BBU, MAX, and VVX

Should you be buying Steelcase stock or one of its competitors? The main competitors of Steelcase include HNI (HNI), Advantage Solutions (ADV), Lumen Technologies (LUMN), MeridianLink (MLNK), Montrose Environmental Group (MEG), GigaCloud Technology (GCT), AvePoint (AVPT), Brookfield Business Partners (BBU), MediaAlpha (MAX), and V2X (VVX). These companies are all part of the "business services" sector.

Steelcase vs.

HNI (NYSE:HNI) and Steelcase (NYSE:SCS) are both business services companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, media sentiment, profitability, risk, community ranking and valuation.

HNI has a beta of 0.86, suggesting that its share price is 14% less volatile than the S&P 500. Comparatively, Steelcase has a beta of 1.35, suggesting that its share price is 35% more volatile than the S&P 500.

Steelcase has higher revenue and earnings than HNI. Steelcase is trading at a lower price-to-earnings ratio than HNI, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
HNI$2.43B0.84$49.20M$1.0242.48
Steelcase$3.16B0.45$81.10M$0.6818.26

75.3% of HNI shares are held by institutional investors. Comparatively, 92.4% of Steelcase shares are held by institutional investors. 3.4% of HNI shares are held by company insiders. Comparatively, 12.7% of Steelcase shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, HNI had 7 more articles in the media than Steelcase. MarketBeat recorded 8 mentions for HNI and 1 mentions for Steelcase. Steelcase's average media sentiment score of 1.00 beat HNI's score of 0.00 indicating that HNI is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
HNI
1 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Steelcase
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Steelcase received 73 more outperform votes than HNI when rated by MarketBeat users. Likewise, 65.13% of users gave Steelcase an outperform vote while only 56.56% of users gave HNI an outperform vote.

CompanyUnderperformOutperform
HNIOutperform Votes
237
56.56%
Underperform Votes
182
43.44%
SteelcaseOutperform Votes
310
65.13%
Underperform Votes
166
34.87%

HNI currently has a consensus price target of $45.00, suggesting a potential upside of 3.76%. Steelcase has a consensus price target of $11.00, suggesting a potential downside of 11.43%. Given Steelcase's higher probable upside, research analysts plainly believe HNI is more favorable than Steelcase.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
HNI
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
Steelcase
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

HNI pays an annual dividend of $1.28 per share and has a dividend yield of 3.0%. Steelcase pays an annual dividend of $0.40 per share and has a dividend yield of 3.2%. HNI pays out 125.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Steelcase pays out 58.8% of its earnings in the form of a dividend. Steelcase is clearly the better dividend stock, given its higher yield and lower payout ratio.

Steelcase has a net margin of 2.57% compared to Steelcase's net margin of 2.03%. Steelcase's return on equity of 16.97% beat HNI's return on equity.

Company Net Margins Return on Equity Return on Assets
HNI2.03% 16.97% 6.49%
Steelcase 2.57%12.87%5.04%

Summary

Steelcase beats HNI on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SCS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SCS vs. The Competition

MetricSteelcaseOffice furniture, except wood IndustryBusiness SectorNYSE Exchange
Market Cap$1.42B$1.74B$6.38B$17.47B
Dividend Yield3.38%3.21%3.18%3.58%
P/E Ratio18.2630.3433.1223.55
Price / Sales0.450.652,532.0110.31
Price / Cash7.018.0721.9614.95
Price / Book1.602.134.595.01
Net Income$81.10M$65.15M$121.42M$963.76M
7 Day Performance4.95%5.05%1.94%2.04%
1 Month Performance2.18%-0.11%-4.11%-1.86%
1 Year Performance47.97%56.47%12.62%96.07%

Steelcase Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HNI
HNI
4.0617 of 5 stars
$41.26
-0.7%
$45.00
+9.1%
+62.9%$1.95B$2.43B40.458,200Upcoming Earnings
News Coverage
ADV
Advantage Solutions
0.6308 of 5 stars
$4.21
+2.2%
$3.43
-18.4%
+290.4%$1.35B$4.22B-21.0570,000News Coverage
LUMN
Lumen Technologies
2.8863 of 5 stars
$1.33
-3.6%
$1.81
+36.6%
-38.8%$1.34B$14.56B-0.1328,000Upcoming Earnings
Gap Up
MLNK
MeridianLink
1.7402 of 5 stars
$16.80
-0.1%
$18.67
+11.1%
+16.0%$1.28B$303.62M-31.11676Positive News
MEG
Montrose Environmental Group
1.262 of 5 stars
$42.00
-1.5%
$46.25
+10.1%
+26.1%$1.28B$624.21M-26.583,100Positive News
GCT
GigaCloud Technology
1.9778 of 5 stars
$35.09
+8.1%
$35.00
-0.3%
+605.1%$1.43B$703.83M15.261,362Insider Selling
Gap Up
AVPT
AvePoint
3.0347 of 5 stars
$7.76
+0.5%
$10.00
+28.9%
+76.7%$1.43B$271.83M-64.662,543Positive News
BBU
Brookfield Business Partners
4.4678 of 5 stars
$19.25
-1.8%
$29.67
+54.1%
+7.1%$1.43B$55.07B2.9772,000
MAX
MediaAlpha
0.9973 of 5 stars
$19.29
+0.3%
$18.20
-5.7%
+104.7%$1.27B$388.15M-21.67137
VVX
V2X
2.422 of 5 stars
$45.92
+1.1%
$56.75
+23.6%
+12.5%$1.44B$3.96B-62.0516,000News Coverage

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This page (NYSE:SCS) was last updated on 4/23/2024 by MarketBeat.com Staff

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