Steelcase Inc. (SCS)
NYSE: SCS · Real-Time Price · USD
13.07
-0.01 (-0.04%)
Nov 21, 2024, 3:09 PM EST - Market open
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 30.12% from the current stock price of 13.07.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 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 | 1 | 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 | +22.46% | Oct 9, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +37.77% | Jun 24, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $17 → $18 | Strong Buy | Maintains | $17 → $18 | +37.77% | Jun 21, 2024 |
| Benchmark | Benchmark | Hold → Strong Buy Upgrades $17 | Hold → Strong Buy | Upgrades | $17 | +30.12% | 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
3.25B
from 3.16B
Increased by 2.70%
Revenue Next Year
3.35B
from 3.25B
Increased by 3.08%
EPS This Year
1.00
from 0.68
Increased by 47.79%
EPS Next Year
1.15
from 1.00
Increased by 14.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.4B | 3.5B | 3.6B |
| Avg | 3.2B | 3.3B | 3.5B |
| Low | 3.1B | 3.2B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.6% | 7.4% | 7.6% |
| Avg | 2.7% | 3.1% | 3.5% |
| Low | -0.9% | -0.2% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.07 | 1.25 | 1.26 |
| Avg | 1.00 | 1.15 | 1.21 |
| Low | 0.95 | 1.09 | 1.18 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 57.5% | 24.3% | 9.4% |
| Avg | 47.8% | 14.6% | 5.3% |
| Low | 39.8% | 8.2% | 2.1% |
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.