Steelcase Inc. (SCS) Soars to 52-Week High, Time to Cash Out?

Company Performance - Steelcase (SCS) has shown strong stock performance, with shares up 0.4% over the past month and reaching a new 52-week high of $17.4 [1] - The stock has gained 45.6% since the beginning of the year, significantly outperforming the Zacks Business Services sector (2.1%) and the Zacks Business - Office Products industry (1.7%) [1] Earnings and Revenue - Steelcase has a solid track record of positive earnings surprises, having met or exceeded earnings consensus estimates in the last four quarters [2] - In the latest earnings report on September 24, 2025, Steelcase reported EPS of $0.45, surpassing the consensus estimate of $0.37, and beat the revenue estimate by 2.58% [2] Future Projections - For the current fiscal year, Steelcase is expected to post earnings of $1.1 per share on revenues of $3.28 billion, reflecting a -1.79% change in EPS and a 3.61% change in revenues [3] - For the next fiscal year, earnings are projected to increase to $1.29 per share on revenues of $3.39 billion, indicating a year-over-year change of 18.18% in EPS and 3.21% in revenues [3] Valuation Metrics - Steelcase currently trades at 15.7X current fiscal year EPS estimates, which is a premium compared to the peer industry average of 13.2X [7] - The stock's trailing cash flow basis is at 9.2X, above the peer group's average of 8.8X, and has a PEG ratio of 1.57, indicating it is not in the top tier from a value perspective [7] Zacks Rank and Style Scores - Steelcase holds a Zacks Rank of 2 (Buy) due to favorable earnings estimate revisions from analysts [8] - The stock has a Value Score of B, a Growth Score of C, and a Momentum Score of B, resulting in a combined VGM Score of B [6][9] Industry Comparison - The Business - Office Products industry is performing well, ranking in the top 5% of all industries, providing a favorable environment for both Steelcase and its peer, Deluxe Corporation (DLX) [12] - Deluxe Corporation also has a Zacks Rank of 2 (Buy) and has shown strong earnings performance, beating consensus estimates by 23.94% [10][11]