Steelcase Inc. (SCS)
NYSE: SCS · Real-Time Price · USD
11.74
-0.58 (-4.71%)
Dec 20, 2024, 4:00 PM EST - Market closed
Steelcase Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Steelcase stock have an average target of 17, with a low estimate of 16 and a high estimate of 18. The average target predicts an increase of 44.80% from the current stock price of 11.74.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 9, 2024.
Analyst Ratings
The average analyst rating for Steelcase stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Noble Capital Markets | Noble Capital Markets | Buy Initiates $16 | Buy | Initiates | $16 | +36.29% | Oct 9, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +53.32% | Jun 24, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +53.32% | Jun 21, 2024 |
| Benchmark | Benchmark | Hold → Strong Buy Upgrades $17 | Hold → Strong Buy | Upgrades | $17 | +44.80% | Jun 14, 2024 |
| Benchmark | Benchmark | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Nov 30, 2022 |
Financial Forecast
Revenue This Year
3.26B
from 3.16B
Increased by 3.02%
Revenue Next Year
3.36B
from 3.26B
Increased by 3.07%
EPS This Year
1.00
from 0.68
Increased by 46.75%
EPS Next Year
1.14
from 1.00
Increased by 14.17%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 3.4B | 3.5B | 3.6B |
| Avg | 3.3B | 3.4B | 3.5B |
| Low | 3.1B | 3.2B | 3.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 8.4% | 8.4% | 7.3% |
| Avg | 3.0% | 3.1% | 3.2% |
| Low | -0.9% | -0.5% | 0.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 1.07 | 1.25 | 1.26 |
| Avg | 1.00 | 1.14 | 1.21 |
| Low | 0.94 | 1.06 | 1.18 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 57.5% | 25.2% | 10.6% |
| Avg | 46.7% | 14.2% | 6.4% |
| Low | 38.4% | 6.1% | 3.2% |
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.