Steelcase
About: Steelcase Inc is a furniture company based in the United States. Its brands such as Steelcase, AMQ, Coalesse, Designtex, and others offer a portfolio of furniture and architectural products and services designed to help customers create workplaces. It markets its products and services to businesses and organizations predominantly through a network of dealers and also sells to consumers in markets around the world through web-based and retail distribution channels. The company's reportable segments include the Americas which generates key revenue, and International.
Employees: 12,480
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
3% more call options, than puts
Call options by funds: $1.11M | Put options by funds: $1.08M
4% less capital invested
Capital invested by funds: $1.11B [Q1] → $1.06B (-$48M) [Q2]
10% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 84
2% less funds holding
Funds holding: 223 [Q1] → 219 (-4) [Q2]
3.04% less ownership
Funds ownership: 90.43% [Q1] → 87.39% (-3.04%) [Q2]
13% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 31
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Noble Capital Markets Joe Gomes 67% 1-year accuracy 4 / 6 met price target | 21%upside $16 | Outperform Initiated | 9 Oct 2024 |
Financial journalist opinion
Based on 12 articles about SCS published over the past 30 days