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Steelcase (SCS) News Today

$13.48
+0.18 (+1.35%)
(As of 07/12/2024 ET)
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Vanguard Group Inc. Purchases 452,494 Shares of Steelcase Inc. (NYSE:SCS)
Vanguard Group Inc. boosted its position in Steelcase Inc. (NYSE:SCS - Free Report) by 4.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,765,893 shares of the business services provider's stock after ac
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Steelcase (NYSE:SCS) Stock Price Passes Above 200-Day Moving Average of $12.86
Steelcase (NYSE:SCS) Shares Cross Above Two Hundred Day Moving Average of $12.86
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Insider Selling: Steelcase Inc. (NYSE:SCS) VP Sells 13,310 Shares of Stock
Steelcase Inc. (NYSE:SCS - Get Free Report) VP Donna K. Flynn sold 13,310 shares of the business's stock in a transaction on Monday, June 24th. The stock was sold at an average price of $13.72, for a total value of $182,613.20. Following the completion of the sale, the vice president now directly owns 78,733 shares in the company, valued at $1,080,216.76. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
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Goldman Sachs Group Inc. Sells 281,568 Shares of Steelcase Inc. (NYSE:SCS)
Goldman Sachs Group Inc. lowered its position in shares of Steelcase Inc. (NYSE:SCS - Free Report) by 13.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,747,242 shares of the business services provide
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Steelcase Inc. (NYSE:SCS) to Post Q2 2025 Earnings of $0.37 Per Share, Sidoti Csr Forecasts
Steelcase Inc. (NYSE:SCS - Free Report) - Equities research analysts at Sidoti Csr raised their Q2 2025 earnings per share estimates for Steelcase in a research report issued on Friday, June 21st. Sidoti Csr analyst G. Burns now anticipates that the business services provider will earn $0.37 per
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Douglas Lane & Associates LLC Lowers Position in Steelcase Inc. (NYSE:SCS)
Douglas Lane & Associates LLC lessened its holdings in Steelcase Inc. (NYSE:SCS - Free Report) by 4.3% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,555,246 shares of the business services provider's stock after selling 158,991 s
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Steelcase (NYSE:SCS) Stock Price Up 5.3% on Better-Than-Expected Earnings
Steelcase (NYSE:SCS) Trading Up 5.3% After Earnings Beat
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Steelcase (NYSE:SCS) Releases Earnings Results, Beats Expectations By $0.06 EPS
Steelcase (NYSE:SCS - Get Free Report) posted its quarterly earnings results on Thursday. The business services provider reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.06. The firm had revenue of $727.30 million for the quarter, compared to analyst estimates of $729.05 million. Steelcase had a return on equity of 12.87% and a net margin of 2.57%. The business's quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.09 EPS.
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Steelcase (NYSE:SCS) Issues Q2 2025 Earnings Guidance
Steelcase (NYSE:SCS) updated its second quarter 2025 earnings guidance. The company provided EPS guidance of 0.360-0.400 for the period, compared to the consensus estimate of 0.300. The company also issued revenue guidance of $850.0 millionillion-$875.0 millionillion, compared to the consensus estimate of $865.2 millionillion.
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Steelcase (NYSE:SCS) Shares Gap Up to $12.59
Steelcase (NYSE:SCS) Shares Gap Up to $12.59
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Steelcase (NYSE:SCS) Issues Q2 Earnings Guidance
Steelcase (NYSE:SCS) updated its second quarter earnings guidance. The company provided EPS guidance of $0.36-0.40 for the period, compared to the consensus estimate of $0.30. The company also issued revenue guidance of $850-875 millionillion, compared to the consensus estimate of $865.17 millionillion.
Steelcase Reports First Quarter Fiscal 2025 Results
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Steelcase (NYSE:SCS) Upgraded to Buy by Benchmark
Benchmark raised shares of Steelcase from a "hold" rating to a "buy" rating and set a $17.00 price target for the company in a research report on Friday.
Steelcase Commits to a Net-Zero Future by 2050
Hsbc Holdings PLC Sells 60,255 Shares of Steelcase Inc. (NYSE:SCS)
Hsbc Holdings PLC decreased its stake in shares of Steelcase Inc. (NYSE:SCS - Free Report) by 43.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,149 shares of the business services provider's sto
Allianz Asset Management GmbH Purchases 65,636 Shares of Steelcase Inc. (NYSE:SCS)
Allianz Asset Management GmbH boosted its position in shares of Steelcase Inc. (NYSE:SCS - Free Report) by 46.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 206,890 shares of the business services provider's stock after bu
Norges Bank Invests $8.22 Million in Steelcase Inc. (NYSE:SCS)
Norges Bank purchased a new position in shares of Steelcase Inc. (NYSE:SCS - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 607,627 shares of the business services provider's stock, valued at approximat
Steelcase: Only Modest Upside Remains
Steelcase Inc. (NYSE:SCS) Shares Bought by Dimensional Fund Advisors LP
Dimensional Fund Advisors LP raised its holdings in Steelcase Inc. (NYSE:SCS - Free Report) by 8.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,752,105 shares of the business services provider's st
Charles Schwab Investment Management Inc. Has $30.10 Million Stock Holdings in Steelcase Inc. (NYSE:SCS)
Charles Schwab Investment Management Inc. decreased its position in Steelcase Inc. (NYSE:SCS - Free Report) by 4.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,226,646 shares of the business services provider's stock after
Pzena Investment Management LLC Sells 2,026,798 Shares of Steelcase Inc. (NYSE:SCS)
Pzena Investment Management LLC trimmed its position in shares of Steelcase Inc. (NYSE:SCS - Free Report) by 20.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,843,245 shares of the business services provider's stock a
Panagora Asset Management Inc. Has $3.28 Million Stock Position in Steelcase Inc. (NYSE:SCS)
Panagora Asset Management Inc. raised its stake in Steelcase Inc. (NYSE:SCS - Free Report) by 80.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 242,690 shares of the business services provider's stock aft
Arjuna Capital Grows Position in Steelcase Inc. (NYSE:SCS)
Arjuna Capital boosted its stake in Steelcase Inc. (NYSE:SCS - Free Report) by 344.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 140,290 shares of the business services provider's stock after purchasing an additional 108,698 shares dur
Russell Investments Group Ltd. Purchases 63,834 Shares of Steelcase Inc. (NYSE:SCS)
Russell Investments Group Ltd. increased its holdings in shares of Steelcase Inc. (NYSE:SCS - Free Report) by 76.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 147,425 shares of the business services provider's stock after
Short Interest in Steelcase Inc. (NYSE:SCS) Drops By 26.0%
Steelcase Inc. (NYSE:SCS - Get Free Report) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totalling 2,510,000 shares, a decrease of 26.0% from the April 15th total of 3,390,000 shares. Based on an average trading volume of 768,400 shares, the days-to-cover ratio is currently 3.3 days. Approximately 3.0% of the shares of the stock are short sold.
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Steelcase Inc. (NYSE:SCS) Sees Large Increase in Short Interest
Steelcase Inc. (NYSE:SCS - Get Free Report) saw a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 3,390,000 shares, a growth of 34.0% from the March 31st total of 2,530,000 shares. Approximately 4.0% of the shares of the company are short sold. Based on an average daily volume of 806,200 shares, the days-to-cover ratio is presently 4.2 days.
Steelcase Enters Oversold Territory
Short Interest in Steelcase Inc. (NYSE:SCS) Decreases By 19.9%
Steelcase Inc. (NYSE:SCS - Get Free Report) saw a large drop in short interest in the month of March. As of March 31st, there was short interest totalling 2,530,000 shares, a drop of 19.9% from the March 15th total of 3,160,000 shares. Currently, 3.0% of the shares of the company are short sold. Based on an average trading volume of 809,600 shares, the short-interest ratio is currently 3.1 days.
Vanguard Group Inc. Has $104.03 Million Position in Steelcase Inc. (NYSE:SCS)
Vanguard Group Inc. grew its stake in shares of Steelcase Inc. (NYSE:SCS - Free Report) by 1.7% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 9,313,399 shares of the business services provider's stock after buying an additional 159,813 shares during the
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SCS Media Mentions By Week

SCS Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

SCS
News Sentiment

0.67

0.86

Average
Business Services
News Sentiment

SCS News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

SCS Articles
This Week

2

4

SCS Articles
Average Week

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This page (NYSE:SCS) was last updated on 7/14/2024 by MarketBeat.com Staff

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