$0.29 EPS Expected for Steelcase Inc. (SCS)

September 16, 2018 - By Lisa Delgado

Steelcase Inc. (NYSE:SCS) LogoInvestors sentiment increased to 1.38 in Q2 2018. Its up 0.52, from 0.86 in 2018Q1. It increased, as 13 investors sold Steelcase Inc. shares while 47 reduced holdings. 29 funds opened positions while 54 raised stakes. 70.22 million shares or 1.82% less from 71.53 million shares in 2018Q1 were reported.
Fifth Third Comml Bank holds 1.86 million shares or 0.17% of its portfolio. Susquehanna Interest Limited Liability Partnership, Pennsylvania-based fund reported 14,352 shares. Moreover, Legal And General Group Public Limited Co has 0% invested in Steelcase Inc. (NYSE:SCS). State Board Of Administration Of Florida Retirement reported 165,393 shares or 0.01% of all its holdings. Finance Architects Inc reported 100 shares. Green Square Limited Liability Com invested 0.21% in Steelcase Inc. (NYSE:SCS). Comerica Bank holds 0.03% of its portfolio in Steelcase Inc. (NYSE:SCS) for 278,561 shares. Geode Management Llc reported 1.19 million shares or 0% of all its holdings. Ubs Asset Americas holds 0% or 23,721 shares in its portfolio. Piedmont Advisors Ltd Liability holds 0% or 1,473 shares in its portfolio. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in Steelcase Inc. (NYSE:SCS) for 5,912 shares. Teacher Retirement Sys Of Texas holds 17,377 shares or 0% of its portfolio. Commercial Bank Of New York Mellon Corp reported 0% of its portfolio in Steelcase Inc. (NYSE:SCS). Cna Fin Corp stated it has 0.25% of its portfolio in Steelcase Inc. (NYSE:SCS). The New York-based Citigroup has invested 0% in Steelcase Inc. (NYSE:SCS).

Since March 29, 2018, it had 0 insider purchases, and 5 insider sales for $438,211 activity. On Monday, April 23 the insider Niemann Jennifer C sold $48,695. Armbruster Sara E sold $109,661 worth of stock or 8,000 shares.

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 $33.84M giving it 13.28 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 0.65% or $0.1 during the last trading session, reaching $15.4. About 335,198 shares traded. Steelcase Inc. (NYSE:SCS) has risen 10.18% since September 16, 2017 and is uptrending. It has underperformed by 5.44% 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 $1.80 billion. The firm operates through Americas, EMEA, and Other Category divisions. It has a 22.99 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: “Steelcase Expands Relationship with Danish Design Company Bolia” on September 13, 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

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