Steelcase Inc. (SCS) EPS Estimated At $0.29

September 8, 2018 - By Robert Shackelford

Steelcase Inc. (NYSE:SCS) LogoInvestors sentiment decreased to 0.86 in Q1 2018. Its down 0.32, from 1.18 in 2017Q4. It worsened, as 20 investors sold Steelcase Inc. shares while 59 reduced holdings. 24 funds opened positions while 44 raised stakes. 71.53 million shares or 1.23% more from 70.66 million shares in 2017Q4 were reported.
Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Mgmt has 94,900 shares for 0.01% of their portfolio. Victory Capital has 0% invested in Steelcase Inc. (NYSE:SCS). Raymond James & Associates holds 0% of its portfolio in Steelcase Inc. (NYSE:SCS) for 98,590 shares. Fincl Bank Of Montreal Can holds 39,503 shares or 0% of its portfolio. 972 were reported by Royal Bankshares Of Canada. Nordea Invest Mngmt owns 229,800 shares. Amg National Savings Bank stated it has 0.01% in Steelcase Inc. (NYSE:SCS). Millennium Mgmt Ltd Liability Company holds 0% or 116,974 shares. D E Shaw Communications accumulated 128,019 shares. Nelson Van Denburg Campbell Wealth Mgmt Group Ltd Limited Liability Company stated it has 11,339 shares or 0.04% of all its holdings. 309,302 were reported by Franklin Res. Sei Invests Co has 0% invested in Steelcase Inc. (NYSE:SCS) for 17 shares. Zebra Cap Mngmt Lc holds 0.37% of its portfolio in Steelcase Inc. (NYSE:SCS) for 75,233 shares. Brown Brothers Harriman & reported 0.03% in Steelcase Inc. (NYSE:SCS). Renaissance Tech Lc invested 0% in Steelcase Inc. (NYSE:SCS).

Since March 29, 2018, it had 0 insider purchases, and 5 selling transactions for $438,211 activity. Niemann Jennifer C sold $48,165 worth of stock. WEGE PETER M II had sold 7,000 shares worth $94,190 on Thursday, March 29.

Analysts expect Steelcase Inc. (NYSE:SCS) to report $0.29 EPS on September, 21 after the close.They anticipate $0.02 EPS change or 6.45 % from last quarter’s $0.31 EPS. SCS’s profit would be $33.84 million giving it 12.97 P/E if the $0.29 EPS is correct. After having $0.14 EPS previously, Steelcase Inc.’s analysts see 107.14 % EPS growth. The stock increased 0.67% or $0.1 during the last trading session, reaching $15.05. About 580,550 shares traded or 10.67% up from the average. Steelcase Inc. (NYSE:SCS) has declined 15.57% since September 8, 2017 and is downtrending. It has underperformed by 28.14% the S&P500.

Steelcase Inc. manufactures and sells integrated portfolio of furniture settings, user-centered technologies, and interior architectural products. The company has market cap of $1.76 billion. The firm operates through Americas, EMEA, and Other Category divisions. It has a 22.46 P/E ratio. The Company’s furniture systems portfolio comprises panel and freestanding furniture systems, storage, desks, benches, tables, and complementary products, such as worktools.

More news for Steelcase Inc. (NYSE:SCS) were recently published by: Globenewswire.com, which released: “Factors of Influence in 2018, Key Indicators and Opportunity within Steelcase, SecureWorks, Cleveland-Cliffs, Tredegar …” on August 27, 2018. Globenewswire.com‘s article titled: “Steelcase to Webcast Second Quarter Conference Call” and published on August 30, 2018 is yet another important article.

Steelcase Inc. (NYSE:SCS) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.