David Sylvester - Steelcase President

SCS Stock  USD 12.10  0.32  2.58%   

President

Mr. David C. Sylvester is Chief Financial Officer, Senior Vice President of the Company. Mr. Sylvester was employed by Steelcase since 1995. since 2022.
Age 59
Tenure 2 years
Address 901 44th Street SE, Grand Rapids, MI, United States, 49508
Phone616 247 2710
Webhttps://www.steelcase.com

Steelcase Management Efficiency

The company has Return on Asset of 0.0351 % which means that on every $100 spent on assets, it made $0.0351 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0947 %, implying that it generated $0.0947 on every 100 dollars invested. Steelcase's management efficiency ratios could be used to measure how well Steelcase manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.07 in 2024. Return On Capital Employed is likely to gain to 0.14 in 2024. At this time, Steelcase's Non Currrent Assets Other are comparatively stable compared to the past year. Total Current Assets is likely to gain to about 1 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 995.9 M in 2024.
The company has 630 M in debt with debt to equity (D/E) ratio of 0.97, which is OK given its current industry classification. Steelcase has a current ratio of 1.28, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Debt can assist Steelcase until it has trouble settling it off, either with new capital or with free cash flow. So, Steelcase's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Steelcase sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Steelcase to invest in growth at high rates of return. When we think about Steelcase's use of debt, we should always consider it together with cash and equity.

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Steelcase Inc. provides a portfolio of furniture and architectural products in the United States and internationally. The company was founded in 1912 and is headquartered in Grand Rapids, Michigan. Steelcase operates under Business Equipment Supplies classification in the United States and is traded on New York Stock Exchange. It employs 11600 people. Steelcase (SCS) is traded on New York Stock Exchange in USA. It is located in 901 44th Street SE, Grand Rapids, MI, United States, 49508 and employs 11,300 people. Steelcase is listed under Commercial Services & Supplies category by Fama And French industry classification.

Management Performance

Steelcase Leadership Team

Elected by the shareholders, the Steelcase's board of directors comprises two types of representatives: Steelcase inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Steelcase. The board's role is to monitor Steelcase's management team and ensure that shareholders' interests are well served. Steelcase's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Steelcase's outside directors are responsible for providing unbiased perspectives on the board's policies.
Todd Kelsey, Independent Director
Peter Wege, Independent Director
Michael OMeara, Director Analysis
Steve Miller, VP Officer
Catherine Schmetler, Independent Director
James Hackett, Non-Executive Vice Chairman of the Board
Peter Lewchanin, President APAC
James Ludwig, Vice President - Global Design and Product Engineering
Hamid Khorramian, Sr. VP of Global Operations
Terrence Lenhardt, Chief Information Officer, Vice President
Craig Welch, Independent Director
Kate Wolters, Independent Director
Lizbeth OShaughnessy, Senior Vice President, Chief Administrative Officer, General Counsel, Secretary
David Sylvester, Chief Financial Officer, Senior Vice President, Principal Accounting Officer
Raj Mehan, Vice Treasurer
James Keane, CEO and President Director and Member of Executive Committee
William Crawford, Independent Director
David Joos, Independent Director
Gale Moutrey, Vice President - Communications
Sara Armbruster, Vice President - Strategy, Research and New Business Innovation
Robin Zondervan, Chief Accounting Officer, Vice President, Corporate Controller
Linda Williams, Independent Director
Ulrich Gwinner, President , Asia Pacific
David Hoover, Director
Nicole Mcgrath, Corporate VP
Donna Flynn, Vice President - Global Talent Management
Cathy Ross, Independent Director
Eddy Schmitt, Senior Vice President , Americas
Lawrence Blanford, Independent Director
Timothy Brown, Independent Director
Robert Pew, Chairman of the Board, Lead Non - Management Director
Guillaume Alvarez, Senior Vice President - EMEA
Mark Mossing, Chief Accounting Officer and Corporate Controller
Steven Miller, VP CTO
Allan Smith, Senior Vice President, Chief Revenue Officer
Robert Krestakos, Vice President - Global Operations
Connie Duckworth, Independent Director
Jennifer Niemann, Director

Steelcase Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Steelcase a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Steelcase Investors Sentiment

The influence of Steelcase's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Steelcase. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Steelcase's public news can be used to forecast risks associated with an investment in Steelcase. The trend in average sentiment can be used to explain how an investor holding Steelcase can time the market purely based on public headlines and social activities around Steelcase. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Steelcase's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Steelcase's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Steelcase's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Steelcase.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Steelcase in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Steelcase's short interest history, or implied volatility extrapolated from Steelcase options trading.

Currently Active Assets on Macroaxis

When determining whether Steelcase is a strong investment it is important to analyze Steelcase's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Steelcase's future performance. For an informed investment choice regarding Steelcase Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Steelcase. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.
Note that the Steelcase information on this page should be used as a complementary analysis to other Steelcase's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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When running Steelcase's price analysis, check to measure Steelcase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.
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Is Steelcase's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Steelcase. If investors know Steelcase will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Steelcase listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.371
Dividend Share
0.4
Earnings Share
0.68
Revenue Per Share
27.716
Quarterly Revenue Growth
(0.03)
The market value of Steelcase is measured differently than its book value, which is the value of Steelcase that is recorded on the company's balance sheet. Investors also form their own opinion of Steelcase's value that differs from its market value or its book value, called intrinsic value, which is Steelcase's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Steelcase's market value can be influenced by many factors that don't directly affect Steelcase's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Steelcase's value and its price as these two are different measures arrived at by different means. Investors typically determine if Steelcase is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Steelcase's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.