Steelcase Inc. (SCS)
NYSE: SCS · IEX Real-Time Price · USD
13.14
+0.18 (1.39%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Steelcase Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Steelcase stock has a target of 18, which predicts an increase of 36.99% from the current stock price of 13.14.
Analyst Consensus: Strong Buy
Analyst Ratings
According to 1 stock analyst, the rating for Steelcase is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +36.99% | Jun 24, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +36.99% | Jun 21, 2024 |
| Benchmark | Benchmark | Hold → Strong Buy Upgrades $17 | Hold → Strong Buy | Upgrades | $17 | +29.38% | Jun 14, 2024 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 30, 2022 |
| Benchmark | Benchmark | Strong Buy Maintains $16 → $12 | Strong Buy | Maintains | $16 → $12 | -8.68% | Sep 23, 2022 |
Financial Forecast
Revenue This Year
3.30B
from 3.16B
Increased by 4.38%
Revenue Next Year
3.41B
from 3.30B
Increased by 3.34%
EPS This Year
0.92
from 0.68
Increased by 35.16%
EPS Next Year
1.08
from 0.92
Increased by 17.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.5B | 3.6B | 3.8B |
| Avg | 3.3B | 3.4B | 3.6B |
| Low | 3.2B | 3.3B | 3.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.2% | 8.8% | 10.4% |
| Avg | 4.4% | 3.3% | 6.2% |
| Low | 0.8% | -0.3% | 3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.97 | 1.18 | 1.38 |
| Avg | 0.92 | 1.08 | 1.32 |
| Low | 0.88 | 1.03 | 1.28 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 42.1% | 28.0% | 27.6% |
| Avg | 35.2% | 17.3% | 22.7% |
| Low | 29.7% | 12.0% | 19.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.