SCS - Steelcase, Inc.9:00:01 PM 12/5/2023
-0.07 (-0.56%)
Steelcase is a United States-based furniture company founded in 1912 in Grand Rapids, Michigan. The company produces office furniture, architectural and technology products for office environments and the education, health care and retail industries. It is the largest office furniture manufacturer in the world. It has facilities, offices, and factories in the Americas, Europe, Asia, the Middle East, Australia and Africa. Steelcase was founded as the Metal Office Furniture Company in 1912 by Peter M. Wege in Grand Rapids, Michigan. Wege was a veteran of the sheet metal and fireproofing industry and had filed approximately 25 patents prior to starting the company. The Metal Office Furniture Company's first products included fireproof metal safes and four-drawer filing cabinets, which Wege invented and manufactured for the Macey Company.
Quarterly financials
(USD)Aug 2023Q/Q
Gross Profit283.4MM+21%
Cost Of Revenue--
Operating Income41MM-
Operating Expenses235.9MM+7%
Net Income27.5MM-
Interest Expense6.6MM-
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 


Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    Steelcase Inc. ( NYSE:SCS ), might not be a large cap stock, but it received a lot of attention from a substantial...

    GRAND RAPIDS, Mich., Nov. 29, 2023 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its third quarter fiscal year 2024 financial results on Wednesday, December 20, 2023 at 8:30 a.m. ET. A link to the webcast will be available at and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, December 19, 2023, after the market closes. About Steelcas

    Steelcase, a global design and thought leader in the world of work, announces the release of its 2023 Impact Report, Our Work Toward Better Futures. The report highlights the company's recent accomplishments that improve the wellbeing of people and the planet.

    Block's (SQ) BNPL platform, Afterpay, collaborates with Rokt to offer customers relevant advertising experiences during checkout.

    DDL, FINW, SCS, PGR and ITGR have been added to the Zacks Rank #1 (Strong Buy) List on November 17, 2023.

    FMN, SCS and ITGR made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 17, 2023.

    On October 31, 2023, Vanguard Group Inc made a notable addition to its investment portfolio by acquiring 9,516,334 shares of Steelcase Inc (NYSE:SCS), a leading furniture company. This transaction, which saw Vanguard adding 362,748 shares at a trade price of $10.91, reflects a strategic move by the firm to increase its stake in the industrial products sector. Despite the trade impact on Vanguard's portfolio being 0%, the trade position in Steelcase Inc now stands at a significant 10.16%.

    Key Insights The projected fair value for Steelcase is US$17.72 based on 2 Stage Free Cash Flow to Equity Current share...

    Steelcase, a global design and thought leader in the world of work, announces its recognition from the Women's Forum of New York and receipt of the ATHENA Organizational Leadership Award from the Grand Rapids Chamber.

    Leaders say employee wellbeing, sustainability and diversity, equity and inclusion are more important this year. Steelcase additionally releases 2023 Impact Report and expands CarbonNeutral® product portfolio.GRAND RAPIDS, Mich., Oct. 24, 2023 (GLOBE NEWSWIRE) -- To help organizations achieve their sustainability and social responsibility goals, Steelcase, a global design and thought leader in the world of work, today publishes new research that found global business leaders' priorities for peop