Steelcase (NYSE:SCS – Get Free Report) updated its third quarter 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.210-0.250 for the period, compared to the consensus earnings per share estimate of 0.230. The company issued revenue guidance of $785.0 million-$810.0 million, compared to the consensus revenue estimate of $812.0 million. Steelcase also updated its FY 2025 guidance to 1.000-1.000 EPS.
Steelcase Stock Performance
Shares of Steelcase stock opened at $13.31 on Friday. The company has a quick ratio of 1.15, a current ratio of 1.61 and a debt-to-equity ratio of 0.51. Steelcase has a 12 month low of $9.63 and a 12 month high of $14.74. The business has a fifty day simple moving average of $13.53 and a 200-day simple moving average of $13.03. The stock has a market cap of $1.52 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 1.39 and a beta of 1.33.
Steelcase (NYSE:SCS – Get Free Report) last announced its earnings results on Wednesday, September 18th. The business services provider reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.02. The firm had revenue of $855.80 million during the quarter, compared to the consensus estimate of $864.17 million. Steelcase had a return on equity of 13.66% and a net margin of 2.89%. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.31 EPS. On average, sell-side analysts anticipate that Steelcase will post 1 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Read Our Latest Research Report on Steelcase
Insiders Place Their Bets
In related news, VP Donna K. Flynn sold 13,310 shares of Steelcase stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $13.72, for a total value of $182,613.20. Following the completion of the transaction, the vice president now directly owns 78,733 shares in the company, valued at approximately $1,080,216.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, CAO Nicole Cherie Mcgrath sold 15,749 shares of Steelcase stock in a transaction on Tuesday, July 23rd. The shares were sold at an average price of $13.94, for a total value of $219,541.06. Following the sale, the chief accounting officer now owns 18,453 shares in the company, valued at $257,234.82. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Donna K. Flynn sold 13,310 shares of the company’s stock in a transaction that occurred on Monday, June 24th. The stock was sold at an average price of $13.72, for a total value of $182,613.20. Following the transaction, the vice president now owns 78,733 shares in the company, valued at approximately $1,080,216.76. The disclosure for this sale can be found here. In the last ninety days, insiders sold 174,187 shares of company stock valued at $2,410,861. Corporate insiders own 12.96% of the company’s stock.
About Steelcase
Steelcase Inc provides a portfolio of furniture and architectural products and services in the United States and internationally. It operates through Americas and International segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, mobile power, and screens.
See Also
- Five stocks we like better than Steelcase
- Why Invest in 5G? How to Invest in 5G Stocks
- Autohome’s Dividend and Buyback Make It a Strong EV Play
- Golden Cross Stocks: Pattern, Examples and Charts
- Cracker Barrel Is at the Bottom of the Barrel: Time to Buy?
- Transportation Stocks Investing
- Why Shopify Stock Has Analysts Buzzing About Big Gains
Receive News & Ratings for Steelcase Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Steelcase and related companies with MarketBeat.com's FREE daily email newsletter.