EPS for Steelcase Inc. (SCS) forecasted at $0.15

May 17, 2018 - By Darrel Chase

Steelcase Inc. (NYSE:SCS) Corporate Logo
Big Money Sentiment decreased to 1.18 in Q4 2017. It has change of 0.14, from 2017Q3’s 1.32. The ratio worsened due to Steelcase Inc. positioning: 23 sold and 53 reduced. 34 funds acquired positions and 56 increased positions. Investors holded 70.58 million in 2017Q3 but now own 70.66 million shares or 0.11% more.
Wellington Llp has 5.87M shs. Moreover, Bridgeway Capital Mgmt Inc has 0.08% invested in Steelcase Inc. (NYSE:SCS). Brandywine Global Invest Ltd Liability Corporation stated it has 257,289 shs. Susquehanna Group Incorporated Limited Liability Partnership has 136,100 shs for 0% of their capital. Amundi Pioneer Asset Mgmt reported 105,683 shs. Amer accumulated 0% or 56,818 shs. Schwab Charles Mngmt holds 0.01% of its capital in Steelcase Inc. (NYSE:SCS) for 930,691 shs. Regions Financial accumulated 70 shs. Rhumbline Advisers holds 0% of its capital in Steelcase Inc. (NYSE:SCS) for 91,915 shs. Deutsche Bankshares Ag owns 367,750 shs. Yorktown has 0.09% invested in Steelcase Inc. (NYSE:SCS) for 20,700 shs. Parallax Volatility Advisers Ltd Partnership reported 16,607 shs stake. Brown Brothers Harriman invested in 0.04% or 428,127 shs. Amalgamated Financial Bank holds 11,453 shs. Royal Financial Bank Of Canada invested 0% in Steelcase Inc. (NYSE:SCS).

Steelcase Inc. registered $453,842 net activity with 0 insider purchases and 4 sales since January 4, 2018. On Wednesday, April 25 $109,661 worth of stock was sold by Armbruster Sara E. Niemann Jennifer C sold 3,500 shs worth $48,695.

Investors expect Steelcase Inc. (NYSE:SCS)’s quarterly earnings on June, 20., as reported by Faxor. Analysts expect change of 0.00 % or $0.00 from previous year’s $0.15 earnings per share compared to current’s $0.15 earnings per share. In case of $0.15 earnings per share SCS’s profit could hit $17.50M. Wall Street now sees -37.50 % negative EPS growth despite Steelcase Inc. previous quarter’s EPS of $0.24. SCS reached $14.2 during the last trading session after $0.3 change.Steelcase Inc. has volume of 493,653 shares. Since May 17, 2017 SCS has declined 19.53% and is downtrending. SCS underperformed by 31.08% the S&P500.

Steelcase Inc. manufactures and sells integrated portfolio of furniture settings, user-centered technologies, and interior architectural products.The firm is worth $1.66 billion. The firm operates through Americas, EMEA, and Other Category divisions.The P/E ratio is 20.94. The Company’s furniture systems portfolio comprises panel and freestanding furniture systems, storage, desks, benches, tables, and complementary products, such as worktools.

There’s a significant Steelcase Inc. (NYSE:SCS) news released by Globenewswire.com. It’s an item titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Sonic Automotive, STERIS plc, AquaVenture …” on May 03, 2018.

Steelcase Inc. (NYSE:SCS) Institutional Investors Chart

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