Steelcase (SCS) Expected to Announce Earnings on Wednesday

Steelcase (NYSE:SCS) is anticipated to release its earnings data after the market closes on Wednesday, March 26th. Analysts expect Steelcase to post earnings of $0.20 per share and revenue of $790.90 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Steelcase Stock Performance

Shares of SCS stock opened at $10.55 on Monday. Steelcase has a 12 month low of $10.51 and a 12 month high of $14.74. The company has a current ratio of 1.57, a quick ratio of 1.21 and a debt-to-equity ratio of 0.48. The company has a market cap of $1.20 billion, a P/E ratio of 10.98, a PEG ratio of 1.25 and a beta of 1.33. The firm has a fifty day moving average price of $11.65 and a 200 day moving average price of $12.42.

Insider Transactions at Steelcase

In related news, VP Robert G. Krestakos sold 5,000 shares of the business’s stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $11.74, for a total value of $58,700.00. Following the completion of the sale, the vice president now directly owns 114,481 shares of the company’s stock, valued at $1,344,006.94. The trade was a 4.18 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 12.96% of the company’s stock.

Steelcase Company Profile

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.