Steelcase Inc. (NYSE:SCS)
Old Forum Content for SCS
Make a Forum Post Become a member to view recent forum posts. Already a member? Sign in here.- scottrades: Some #earnings for the week. $FDX $NKE $ADBE $CBRL $BB $LEN $COST $AZO $ACN $DRI $ACB $SFIX $RAD $CGNT $GIS $NEOG $KBH $APOG $DAVA $TCOM $GOTU $MTN $ISR $INNV $PRGS $FUL $SCS $AIR $VWE $CAMP $RSSS $ERYP $AGTC $IVA $INM
- Henry: $SCS I played the earning drop and bounce 3 qtrs ago and then forgot about the stock It really spiked on earnings but looks like it is going to fail for you guys that like to short
- Wolf: $FDX $SCS $TTC. TTC nice report, but down pre-market.
- Herb: $SCS big day. np.
- scottrades: My #Swing Notes: $SSO Still in a range on the Daily. But Look at the Weekly Volume! $QLD Ditto. They Bought the dip. We stay in line. $VZ Look for a pullback entry around 60.50. Might not let you in now. $SBUX Bought this today. $SFL Watch above 14.70 $GOOGL Working. Watch for continuation. $ADM Great volume today and breaking out of a base. $SCS #Squeeing above resistance on good volume. $CRUS A High Squeeze. Watch for this to move with Semis. $CNQ Early Shakeout but strong close.
- DAN: @scottrades $SSO $QLD $VZ $SBUX $SFL $GOOGL $ADM $SCS $CRUS $CNQ #Swing #Squeeing Great job, Scotty!!
- Henry: $SCS bought stock yesterday in another blood in the streets trade
- Wolf: $SCS Big pop at 2:30, but no news. @Henry Still got those calls? Current price 17.50.
- Henry: @Wolf $SCS I saw no news either. Ray James called the Blood in the streets day as puzzling and made it a buy with a pt or $21 a couple days later. It wasn't quite the bottom, but no one else was saying buy. July $15 calls and I still have them. Should have backed up the truck.
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- Wolf: @Henry $SCS I doubled down on shares when it tested the 50 and passed. Sold my shares @ 17.50, but still have a nice position in 5/17 17.50 calls.
- Wolf: $SCS Continues to fill the gap. Long.
- Wolf: $SCS Closed above the 200DMA. Watch for break of 16 to start filling the earnings gap down.
- Wolf: $SCS taking another bounce trade with a tight leash..
- Henry: $SCS beaten down yesterday, Ray Jay rates it a buy and pt $21. Long Apr 15 calls
- CraigReynolds: @Henry $SCS This came up on my screen last night, watching for pop this morning. Not sure how it will react with market down but love the option play.
- Moxie: $SCS Bouncing back up
- CraigReynolds: @Moxie $SCS Up Down In Watching
- Wolf: $SCS Beat earnings by .03, went up 5% and then dove 12%. Bottom fishing @ 15.32.
- Wolf: $SCS @Dan or anyone, Thoughts for a bounce trade?
- schartline: @Wolf $SCS nice orderly decline since low $16s, now at$15.33. You are hoping that 15.27 hold as the low. For a day trade your risk is defined and it's pretty low risk, but not my kind of trade . I wouldn't be looking for anything longer term because there's no way to tell if low hold, imho.
- Henry: @Wolf $SCS Earnings weren't even bad and they are killing this stock. I'll bet it goes to 14
- Henry: $SCS I'd say they were good earnings Steelcase Inc. (SCS) boosted sales in its fourth quarter and predicted additional revenue growth during its next fiscal year. The office-equipment company reported $912.4 million in revenue in the quarter that ended Feb. 22 , up 18% versus the comparable period a year earlier. Net income for the latest quarter totaled $22.6 million , or 19 cents a share. A year earlier, the company reported zero net income. Steelcase said it raised prices in the quarter, offsetting higher commodity, freight and labor costs, but gross margins still fell to 31% from 32.6%. Steelcase expects sales to increase 5.5% to 9.5% for the 2020 fiscal year. The company also predicted that it would earn $1.20 a share to $1.35 a share in profit. During the previous fiscal year, Steelcase saw its best revenue growth in the region that includes Europe and the Middle East , with sales rising 18%. Revenue increased 13% in the Americas , the company said.
- Wolf: @Henry $SCS It doesn't make sense it is down 12%. I have a small bet with April 15 puts as insurance. Also BTO cheap 17.50 may calls. Best guess is the market is dragging it down. As @Dan says, the market is never wrong.
- Henry: @Wolf $SCS If I was long I'd be pissed, the earning presentation looks pretty good to me. It's at 4 standard deviations. I'm not sure the shorts can drive it to 14 on no bad news. I bought Apr 15 calls. $0.55
- Wolf: @Henry $SCS Do you know what the short interest is? I certainly wouldn't short it.
- Henry: @Wolf $SCS according to TDA 2.8% as of 2/28
- Wolf: @Henry $SCS Makes me wonder if someone has information that is not publicly known....
- Henry: @Henry $SCS Green hammer on the hourly chart, adding to my options
- petros06: $SCS bouncing
- gswwired: $scs @Wolf Great catch on SCS, I took the trade and have a short leash on it.
- numbers: $SCS is it too late to get into steel case
- issues: @numbers $SCS It's not too late to buy a small, 1/4 position, and add if it drops.
- mradams0621: $SCS $FIVE both reporting good e's
- Alexandra: @mradams0621 $SCS $FIVE How do you find out so fast?! Well done. Five was trading weirdly all day. I'm surprised they beat.
- mradams0621: @Alexandra $SCS $FIVE Against the "house rules" to mention competitors, but I don't think sources of news and info are considered competitors so I'll take the risk-- I'm using "the Fly on the Wall" news feed. You can try it free ...
- Alexandra: @mradams0621 $SCS $FIVE Interesting. Maybe I will try it. I'm dying to know about $NKE. $NKE had me at laceless shoes. :)
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mradams0621: ...
-20.18% $SCS Steelcase Inc. 15.07 19760
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-7.61% $NTAP NetApp Inc. 25.50 27590
-7.00% $ETSY Etsy Inc 8.10 6260
-6.86% $UVXY Pr ... - judysteiner: $SCS marketsmith breakout yesterday just off lod with volume coming in
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- Tricia: Notable earnings before Thursday's open: $CAG, $DG, $FDX, $GME, $IHS, $LULU, $SIG, $UTIW Notable earnings after Thursday's close: $ACN, $MU, $NKE, $SLW, $SCS,BONE, TLB
Stock Price | $12.18 |
Change | 2.01% |
Volume | 502,779 |
Steelcase, Inc., is engaged in in furnishing the work experience in business, education and healthcare environments.
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Past Month
Leading Peers
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$78.91 14.94%
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Past Month
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$5.98 -31.81%
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