Steelcase Inc. (SCS) Analysts See $0.23 EPS

August 24, 2017 - By Ellis Scott

 Steelcase Inc. (SCS) Analysts See $0.23 EPS
Investors sentiment decreased to 1.01 in 2016 Q4. Its down 0.29, from 1.3 in 2016Q3. It is negative, as 19 investors sold Steelcase Inc. shares while 66 reduced holdings. 30 funds opened positions while 56 raised stakes. 76.67 million shares or 3.78% less from 79.69 million shares in 2016Q3 were reported.
Washington Trust State Bank has invested 0.01% in Steelcase Inc. (NYSE:SCS). Zebra Cap Management Limited Liability accumulated 144,470 shares. Kbc Grp Incorporated Nv accumulated 78,325 shares. Engineers Gate Manager Lp owns 67,881 shares for 0.13% of their portfolio. Veritable L P owns 11,502 shares. Citadel Advsr Limited Company holds 0% of its portfolio in Steelcase Inc. (NYSE:SCS) for 18,303 shares. Tudor Inv Corporation Et Al stated it has 0.02% of its portfolio in Steelcase Inc. (NYSE:SCS). Hsbc Holding Public Limited invested 0% in Steelcase Inc. (NYSE:SCS). 43,065 were reported by Clinton Group Inc. Brandywine Glob Invest Ltd Liability reported 326,848 shares. Glenmede Trust Na holds 20,448 shares or 0% of its portfolio. California Employees Retirement System owns 246,700 shares. Prudential Public Ltd Liability, a Illinois-based fund reported 2.09 million shares. Cipher Limited Partnership accumulated 170,795 shares. 132,398 were reported by Cap Fund Management Sa.

Investors wait Steelcase Inc. (NYSE:SCS) to report on September, 20. its quarterly earnings Wall Street analysts expect $0.23 earnings per share, down $0.09 or 28.13 % from last year’s $0.32 same quarter earnings. This translates into $27.07 million profit for SCS giving the stock a 14.13 P/E. This is assuming the current $0.23 EPS is accurate. Steelcase Inc.’s Wall Street analysts see 53.33 % EPS growth, taking into account the $0.15 EPS reproted in the previous quarter, About 86,583 shares traded. Steelcase Inc. (NYSE:SCS) has risen 11.15% since August 24, 2016 and is uptrending. It has underperformed by 5.55% the S&P500.

Steelcase Inc. provides an integrated portfolio of furniture settings, user-centered technologies and interior architectural products. The company has market cap of $1.53 billion. The Company’s divisions include Americas, EMEA and Other Category. It has a 12.73 P/E ratio. The Company’s furniture portfolio includes panel and freestanding furniture systems and complementary products, such as storage, tables and ergonomic worktools.

Another recent and important Steelcase Inc. (NYSE:SCS) news was published by Seekingalpha.com which published an article titled: “An Ugly Q1 Bodes Poorly For Steelcase – And Everyone Else” on August 01, 2017.

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