News and Views
Steelcase, Inc. Experiences Valuation Adjustment Amidst Strong Market Performance Metrics
2025-11-03 15:56:25Steelcase, Inc. has recently adjusted its valuation, showcasing a P/E ratio of 10 and a price-to-book value of 1.25. The company has demonstrated strong year-to-date performance, significantly surpassing the S&P 500, while also maintaining favorable financial metrics compared to its peer, MillerKnoll, Inc.
Read MoreIs Steelcase, Inc. technically bullish or bearish?
2025-10-28 11:40:21As of 24 October 2025, the technical trend for Steelcase, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting a positive outlook. The Bollinger Bands are bullish on the weekly chart and mildly bullish on the monthly chart, while the daily moving averages also indicate a bullish stance. However, the KST shows a mildly bearish signal on a monthly basis, and Dow Theory indicates a mildly bearish trend on the weekly chart but mildly bullish on the monthly. In terms of performance, Steelcase has outperformed the S&P 500 year-to-date with a return of 41.96% compared to 15.47% for the index, and over the past year, it has returned 33.28% versus 16.90% for the S&P 500. Overall, the current technical stance is bullish, driven primarily by the MACD and moving averages....
Read MoreIs Steelcase, Inc. technically bullish or bearish?
2025-10-27 11:51:28As of 24 October 2025, the technical trend for Steelcase, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive trend. The daily moving averages also indicate a bullish stance. While the Bollinger Bands show a bullish signal on the weekly and mildly bullish on the monthly, the KST is bullish weekly but mildly bearish monthly, and Dow Theory presents a mixed view with mildly bearish weekly and mildly bullish monthly signals. In terms of performance, Steelcase has outperformed the S&P 500 year-to-date with a return of 41.96% compared to the S&P's 15.47%, and over the past year, it has returned 33.28% against the S&P's 16.90%. Overall, the current technical stance is bullish, reflecting a strong upward momentum despite some mixed signals in certain indicators....
Read MoreIs Steelcase, Inc. technically bullish or bearish?
2025-10-26 11:26:09As of 24 October 2025, the technical trend for Steelcase, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive trend. Additionally, the daily moving averages are bullish, and the weekly Bollinger Bands are also indicating bullish momentum. However, the KST shows a mildly bearish stance on the monthly timeframe, and Dow Theory presents a mixed view with a mildly bearish weekly signal and a mildly bullish monthly signal. In terms of performance, Steelcase has outperformed the S&P 500 year-to-date with a return of 41.96% compared to the S&P 500's 15.47%, and over the past year, it has returned 33.28% versus the S&P 500's 16.90%. Overall, the current stance is bullish with moderate strength, driven primarily by the MACD and moving averages....
Read MoreIs Steelcase, Inc. technically bullish or bearish?
2025-10-13 11:36:42As of 10 October 2025, the technical trend for Steelcase, Inc. has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is also bullish, indicating positive momentum. The Bollinger Bands are mildly bullish on both weekly and monthly time frames, and the daily moving averages reflect a mildly bullish stance. However, the KST shows a mixed signal with a bullish weekly reading and a mildly bearish monthly reading. Dow Theory presents a mildly bearish outlook on the weekly chart but is bullish on the monthly chart. In terms of performance, Steelcase has outperformed the S&P 500 year-to-date with a return of 37.82% compared to the S&P 500's 11.41%, and over the past year, it has returned 29.29% against the S&P 500's 13.36%. Overall, the current technical stance is mildly bullish, supported by the positive indicators, despite some mixed signals in the longer-term trends....
Read MoreIs Steelcase, Inc. technically bullish or bearish?
2025-10-12 11:24:58As of 10 October 2025, the technical trend for Steelcase, Inc. has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is also bullish, indicating positive momentum. The Bollinger Bands are mildly bullish on both the weekly and monthly time frames, and the daily moving averages reflect a mildly bullish stance. However, the KST shows a mixed signal with a bullish weekly reading and a mildly bearish monthly reading. Dow Theory indicates a mildly bearish weekly trend but a mildly bullish monthly trend. In terms of performance, Steelcase has outperformed the S&P 500 year-to-date with a return of 37.82% compared to the S&P 500's 11.41%, and over the past year, it has returned 29.29% versus the S&P 500's 13.36%. Overall, the current technical stance is mildly bullish, supported by several indicators, despite some mixed signals in the longer-term trends....
Read MoreIs Steelcase, Inc. overvalued or undervalued?
2025-10-05 11:14:19As of 3 October 2025, the valuation grade for Steelcase, Inc. has moved from very expensive to expensive, indicating a shift in perception regarding its valuation. The company appears to be overvalued based on its current metrics, with a P/E ratio of 10, an EV to EBITDA ratio of 5.17, and a Price to Book Value of 1.25. In comparison, its peer MillerKnoll, Inc. has a significantly higher P/E ratio of -77.42, while Steelcase's PEG ratio of 0.28 suggests that it may be overvalued relative to its growth expectations. Recent stock performance shows that Steelcase has outperformed the S&P 500 year-to-date, with a return of 45.60% compared to the S&P 500's 14.18%. However, over the past five years, Steelcase's return of 49.78% lags behind the S&P 500's impressive 100.56% return, reinforcing the notion that while the stock has had a strong recent performance, its current valuation may not be justified in the long ...
Read MoreIs Steelcase, Inc. technically bullish or bearish?
2025-09-20 19:40:50As of 22 August 2025, the technical trend for Steelcase, Inc. has changed from mildly bullish to bullish. The weekly and monthly MACD are both bullish, and Bollinger Bands confirm this bullish stance across both time frames. Daily moving averages also indicate a bullish trend. However, the KST shows a mildly bearish signal on the monthly chart, and the Dow Theory reflects a mildly bullish stance on both weekly and monthly charts. The stock has outperformed the S&P 500 year-to-date with a return of 43.65% compared to 12.22%, and over three years, it has returned 83.17% versus 70.41% for the benchmark. Overall, the current technical stance is bullish, supported by strong momentum indicators....
Read MoreIs Steelcase, Inc. overvalued or undervalued?
2025-09-20 18:15:57As of 10 September 2025, the valuation grade for Steelcase, Inc. has moved from fair to expensive. The company is currently overvalued based on its key ratios, including a P/E ratio of 10, an EV to EBITDA of 5.17, and a Price to Book Value of 1.25. In comparison, its peer MillerKnoll, Inc. has a significantly higher P/E ratio of -77.42, indicating a stark contrast in valuation metrics. Steelcase's recent stock performance shows a year-to-date return of 43.65%, outperforming the S&P 500's 12.22% during the same period, yet the long-term returns reveal a concerning trend, with a 5-year return of 37.60% compared to the S&P's 96.61%. This suggests that while the stock has performed well recently, its current valuation does not justify its price relative to its peers and historical performance....
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