Have you been paying attention to shares of Steelcase (SCS) ? Shares have been on the move with the stock up 12% over the past month. The stock hit a new 52-week high of $14.74 in the previous session. Steelcase has gained 7.2% since the start of the year compared to the 9.9% move for the Zacks Business Services sector and the 9% return for the Zacks Business - Office Products industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't missed our ea ...

There are several stocks that passed through the screen and Steelcase (SCS) is one of them. Here are the key reasons why this stock is a solid choice for "trend" investing. Looking at the fundamentals, the stock currently carries a Zacks Rank #1 (Strong Buy), which means it is in the top 5% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements. In addition to SCS, there are several other ...

Steelcase (SCS) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. 12 Month EPS Current-Quarter Estimate Revisions The company is expected to earn $0.37 per share for the current quarter, which represents a year-over-year change of +19.35%. The Zacks Consensus Estimate for Steelcase has increased 15.63% over the ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done. Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and tradin ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-a ...

Attendees interested in viewing the live presentation can register for this event, at no cost, here: Virtual Equity Conference Registration. A link to the webcast, along with the supporting presentation materials, will be available at the company's website at ir.steelcase.com and on Channelchek at www.channelchek.com the investor portal created by Noble. Established in 1912, Steelcase is a global design, research and thought leader in the world of work. We help people do their best work by creating places t ...

Attendees interested in viewing the live presentation can register for this event, at no cost, here: Virtual Equity Conference Registration. A link to the webcast, along with the supporting presentation materials, will be available at the company's website at ir.steelcase.com and on Channelchek at www.channelchek.com the investor portal created by Noble. Source: Steelcase SC-GR GRAND RAPIDS, Mich., June 25, 2024 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) announces that Dave Sylvester, Senior Vice Presid ...

A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Most Powerful Force Impacting Stock Prices Harnessing the Power of Earnings Estimate Revisions For the fiscal year ending February 2025, this office furniture maker is expected to earn $1 per share, which is a change of 7.5% from the year-ago reported number. Yo ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 24, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-13873 ___________________________________________________________ ...

Sara Armbruster Sure. So, first of all, yes, the stimulus spending or stimulus dollars in the US has certainly had a noticeable impact on investment in education and investment in educational facilities that we've seen now. I think we continue to see that to some degree. So that's been a certainly a driver of demand. But we also see certainly some state-led efforts in education as well. I was in Texas a couple months ago and had the opportunity to tour a couple of high schools and some public school distric ...