Steelcase Stock Analysis

Steelcase is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Steelcase stock analysis is to determine its intrinsic value, which is an estimate of what Steelcase is worth, separate from its market price. There are two main types of Steelcase's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Steelcase's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Steelcase's stock to identify patterns and trends that may indicate its future price movements.
The Steelcase stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Steelcase is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Steelcase Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Steelcase's ongoing operational relationships across important fundamental and technical indicators.
  
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Steelcase Stock Analysis Notes

About 94.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.58. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Steelcase has Price/Earnings To Growth (PEG) ratio of 1.32. The entity last dividend was issued on the 2nd of April 2024. The firm had 1:5 split on the 11th of August 2006. Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. The company was founded in 1912 and is headquartered in Grand Rapids, Michigan. Steelcase operates under Business Equipment Supplies classification in the United States and is traded on New York Stock Exchange. It employs 11600 people. To find out more about Steelcase contact James Keane at 616 247 2710 or learn more at https://www.steelcase.com.

Steelcase Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Steelcase's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Steelcase or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Steelcase is not yet fully synchronised with the market data
Steelcase has some characteristics of a very speculative penny stock
Over 94.0% of the company shares are owned by institutional investors

Steelcase Upcoming and Recent Events

Earnings reports are used by Steelcase to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Steelcase previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
27th of March 2024
Upcoming Quarterly Report
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19th of June 2024
Next Financial Report
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29th of February 2024
Next Fiscal Quarter End
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27th of March 2024
Next Fiscal Year End
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30th of November 2023
Last Quarter Report
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28th of February 2023
Last Financial Announcement
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Steelcase Thematic Classifications

In addition to having Steelcase stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Business Supplies Idea
Business Supplies
USA Equities from Business Supplies industry as classified by Fama & French

Steelcase Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 1.38 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Steelcase's market, we take the total number of its shares issued and multiply it by Steelcase's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Steelcase Profitablity

Steelcase's profitability indicators refer to fundamental financial ratios that showcase Steelcase's ability to generate income relative to its revenue or operating costs. If, let's say, Steelcase is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Steelcase's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Steelcase's profitability requires more research than a typical breakdown of Steelcase's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.03 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.03 %, which entails that for every 100 dollars of revenue, it generated $0.03 of operating income.

Steelcase Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Steelcase insiders, such as employees or executives, is commonly permitted as long as it does not rely on Steelcase's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Steelcase insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Steelcase Outstanding Bonds

Steelcase issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Steelcase uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Steelcase bonds can be classified according to their maturity, which is the date when Steelcase has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

About Steelcase Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Steelcase prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Steelcase shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Steelcase. By using and applying Steelcase Stock analysis, traders can create a robust methodology for identifying Steelcase entry and exit points for their positions.
Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. The company was founded in 1912 and is headquartered in Grand Rapids, Michigan. Steelcase operates under Business Equipment Supplies classification in the United States and is traded on New York Stock Exchange. It employs 11600 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Steelcase to your portfolios without increasing risk or reducing expected return.

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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Steelcase information on this page should be used as a complementary analysis to other Steelcase's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Tools for Steelcase Stock

When running Steelcase's price analysis, check to measure Steelcase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.
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