$0.15 EPS Expected for Steelcase Inc. (SCS)

May 17, 2018 - By Mona Holcomb

Steelcase Inc. (NYSE:SCS) LogoInvestors sentiment decreased to 1.18 in Q4 2017. Its down 0.14, from 1.32 in 2017Q3. It is negative, as 23 investors sold Steelcase Inc. shares while 53 reduced holdings. 34 funds opened positions while 56 raised stakes. 70.66 million shares or 0.11% more from 70.58 million shares in 2017Q3 were reported.
Comerica Financial Bank reported 72,981 shares. Deutsche Bancorporation Ag, a Germany-based fund reported 367,750 shares. Spark Invest Management Ltd Company has invested 0.15% in Steelcase Inc. (NYSE:SCS). Vanguard Group reported 0% of its portfolio in Steelcase Inc. (NYSE:SCS). Ubs Asset Mngmt Americas holds 0% of its portfolio in Steelcase Inc. (NYSE:SCS) for 23,197 shares. Banced invested 0.52% of its portfolio in Steelcase Inc. (NYSE:SCS). Illinois-based Hightower Ltd Limited Liability Company has invested 0.03% in Steelcase Inc. (NYSE:SCS). Parametric Portfolio Assocs Limited Liability has 389,360 shares for 0.01% of their portfolio. The New York-based Blackrock has invested 0% in Steelcase Inc. (NYSE:SCS). Menta Capital Limited Liability Corporation holds 0.16% or 53,372 shares in its portfolio. Petrus Trust Co Lta stated it has 0.09% in Steelcase Inc. (NYSE:SCS). Invesco Limited accumulated 0% or 612,683 shares. California Pub Employees Retirement owns 275,740 shares for 0.01% of their portfolio. Franklin Resource holds 0.01% or 905,077 shares in its portfolio. Credit Suisse Ag has 125,275 shares.

Since January 4, 2018, it had 0 insider purchases, and 4 selling transactions for $453,842 activity. 13,300 shares were sold by WEGE PETER M II, worth $201,296 on Thursday, January 4. On Wednesday, April 25 the insider Armbruster Sara E sold $109,661.

Analysts expect Steelcase Inc. (NYSE:SCS) to report $0.15 EPS on June, 20.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.15 EPS. SCS’s profit would be $17.51 million giving it 23.83 P/E if the $0.15 EPS is correct. After having $0.24 EPS previously, Steelcase Inc.’s analysts see -37.50 % EPS growth. The stock increased 0.70% or $0.1 during the last trading session, reaching $14.3. About 731,125 shares traded or 32.43% up from the average. Steelcase Inc. (NYSE:SCS) has declined 19.53% since May 18, 2017 and is downtrending. It has 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 company has market cap of $1.67 billion. The firm operates through Americas, EMEA, and Other Category divisions. It has a 21.09 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.

Another recent and important Steelcase Inc. (NYSE:SCS) news was published by Globenewswire.com which published an article 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 Positions Chart

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