Analysts See $0.15 EPS for Steelcase Inc. (SCS)

May 17, 2018 - By James Macaulay

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.
5.87 million are held by Wellington Mgmt Limited Liability Partnership. Deutsche Bank & Trust Ag reported 0% stake. Ser Automobile Association owns 364,356 shares or 0.02% of their US portfolio. Tennessee-based Green Square Cap Ltd Llc has invested 0.22% in Steelcase Inc. (NYSE:SCS). Brandywine Investment Ltd Company has 257,289 shares. 14,095 are owned by Amg Natl Trust Bank & Trust. Lazard Asset Management Llc has invested 0% of its portfolio in Steelcase Inc. (NYSE:SCS). Goldman Sachs Grp Inc owns 364,520 shares. Schroder Investment Mngmt Grp holds 0% of its portfolio in Steelcase Inc. (NYSE:SCS) for 11,400 shares. New York-based Tower Rech Cap Ltd Liability Company (Trc) has invested 0% in Steelcase Inc. (NYSE:SCS). Menta Ltd holds 0.16% of its portfolio in Steelcase Inc. (NYSE:SCS) for 53,372 shares. Spark Investment Limited Liability Co reported 182,800 shares stake. First Mercantile Trust has 0.08% invested in Steelcase Inc. (NYSE:SCS) for 26,766 shares. Strs Ohio holds 0% of its portfolio in Steelcase Inc. (NYSE:SCS) for 65,900 shares. Acadian Asset Limited Liability Company has 0% invested in Steelcase Inc. (NYSE:SCS).

Since January 4, 2018, it had 0 buys, and 4 selling transactions for $453,842 activity. $94,190 worth of Steelcase Inc. (NYSE:SCS) shares were sold by WEGE PETER M II. Another trade for 8,000 shares valued at $109,661 was sold by Armbruster Sara E.

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 $17.50M giving it 23.67 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 2.16% or $0.3 during the last trading session, reaching $14.2. About 493,653 shares traded. Steelcase Inc. (NYSE:SCS) has declined 19.53% since May 17, 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 $1.66 billion. The firm operates through Americas, EMEA, and Other Category divisions. It has a 20.94 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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