How to Buy Steelcase Stock
Steelcase Inc
Steelcase is a business equipment & supply company located in Michigan, United States, which is part of the Industrials sector, and is traded under the ticker SCS on the NYSE exchange.
Steelcase stock last closed at $9.76, up 0.51% from the previous day, and has decreased 17.43% in one year. It has underperformed other stocks in the Business Equipment & Supplies industry by 0.11 percentage points. Steelcase stock is currently +1.88% from its 52-week low of $9.58, and -33.79% from its 52-week high of $14.74.
At the moment, there are 114.64M SCS shares outstanding. The market value of SCS is $1.12B. In the last 24 hours, 762,267 SCS shares were traded.
How to Buy Steelcase Stock
Wondering how to invest in Steelcase stock? Here's how.
- Figure out where to buy Steelcase stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Steelcase stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your payment method and add your info.
- Analyze Steelcase stock: The Steelcase ticker symbol is SCS. Is Steelcase stock a good investment? Should you buy shares of SCS? How do SCS's underlying business fundamentals look? Do top analysts think Steelcase is a good buy? Why has SCS's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if SCS is a good stock to buy).
- Make your SCS buy order: Decide if you will purchase SCS shares at the current market price or use a limit order to buy SCS shares at a given price.
- Keep tabs on your SCS position: Create a watchlist to monitor your position in Steelcase shares.
Step 1: Figure out where to buy Steelcase stock
You will need a brokerage account to access the NYSE market and buy SCS shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you can invest in SCS stock today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit funds into your investment account
Now that you've opened your account on the best stock investing app, you can securely and quickly fund your account:
Check out the tutorial below if you need help depositing money into your new brokerage account.
Step 4: Analyze Steelcase stock
Once you have chosen the best place to buy Steelcase stock, it's crucial to evaluate their stock before you invest, so you actually wrap your head around the risk and upside.
Steelcase quick stats
SCS Due Diligence Checks
WallStreetZen was designed to help part-time investors do more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on SCS's stock page.
How is SCS stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SCS's fair value.
Using relative valuations methods:
- SCS could be undervalued based on its P/E ratio of 9.57x, relative to Business Equipment & Supplies industry P/E ratio of 9.66x
- SCS could be undervalued based on its P/B ratio of 1.18x, relative to Business Equipment & Supplies industry P/B ratio of 1.29x
- SCS could be undervalued based on its PEG ratio of 0.77x
You can do additional valuation analysis on SCS's stock here.
SCS Financial Health Summary
Passed Health Checks:
- SCS profit margin has gone up from 2.6% to 3.8% in the past year.
- There are more short-term assets than short-term liabilities on the SCS balance sheet.
- There are more short-term assets than long-term liabilities on the SCS balance sheet.
- SCS earnings of $159.90M is not enough to cover its interest payments.
- SCS's operating cash flow of $148.50M allows it to safely service it's debt of $600.70M.
- Total SCS debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- SCS has a relatively high debt to equity ratio of 1.45.
You can dive deeper into what analysts are projecting on the Steelcase stock forecast page.
SCS Momentum
How are SCS Revenues/Earnings doing?
Last year, SCS earnings were $120.70M. During the last five year, SCS's earnings have increased by -9.39% per year. This was slower than the Business Equipment & Supplies industry average of -0.99%.
Last year, SCS revenue was $3.17B. In the last 5 year, SCS's revenue has gone up by -3.19% per year. This was slower than the Business Equipment & Supplies industry average of 3.89%.
Dig into SCS's earnings and revenue performance here.
Who is buying/selling SCS?
In the last year, executives and large shareholders at SCS have sold more shares than they have bought.
Robert G. Krestakos, VP Chief Operations Officer of SCS, was the latest SCS insider to sell. They sold $60,756.00 worth of SCS stock on Apr 14, 2025.
Dig into more about who owns SCS stock here.
Does SCS provide a stable income stream?
No, Steelcase doesn't provide an income stream by paying out dividends.
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Step 5: Make your SCS buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount, place a limit order.
Hit the Open button and your broker will execute your order.
If you want additional help buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your SCS position
Now that you own some shares in SCS, you'll want to keep up with your stock purchase.
Make a watchlist to keep tabs on your SCS stock.
SCS Feed
How to Buy Stock in Steelcase
To reiterate, here are the 6 steps to buy stock in Steelcase:
- Figure out where to buy Steelcase stock
- Create your brokerage account
- Deposit funds into your investment account
- Analyze Steelcase stock
- Make your SCS buy order
- Keep tabs on your SCS position
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your investment in Steelcase, create a watchlist today.
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