Steelcase Inc. (SCS) Analysts See $0.25 EPS; Last Week Illinois Tool Works Inc. (ITW) Coverage

Steelcase Inc. (NYSE:SCS) Logo

Analysts expect Steelcase Inc. (NYSE:SCS) to report $0.25 EPS on March, 19.They anticipate $0.01 EPS change or 4.17% from last quarter’s $0.24 EPS. SCS’s profit would be $29.19M giving it 17.36 P/E if the $0.25 EPS is correct. After having $0.36 EPS previously, Steelcase Inc.’s analysts see -30.56% EPS growth. The stock decreased 0.80% or $0.14 during the last trading session, reaching $17.36. About 368,433 shares traded. Steelcase Inc. (NYSE:SCS) has risen 2.41% since February 21, 2018 and is uptrending. It has outperformed by 2.41% the S&P500. Some Historical SCS News: 20/03/2018 Mamava Collaborates with Steelcase to Launch the “Mamava Mini,” Ideal Solution for Breastfeeding Mothers in the Workplace; 21/03/2018 – Steelcase Closes Above 200-Day Moving Average: Technicals; 20/03/2018 – Mamava Collaborates with Steelcase to Launch the “Mamava Mini,” ldeal Solution for Breastfeeding Mothers in the Workplace; 20/03/2018 – STEELCASE 4Q REV. $772.7M; 20/03/2018 – Steelcase 4Q Rev $772.7M; 23/04/2018 – DJ Steelcase Inc Class A, Inst Holders, 1Q 2018 (SCS); 20/03/2018 – STEELCASE 4Q ADJ EPS 24C; 08/05/2018 – Steelcase Non-Deal Roadshow Scheduled By Seaport for May. 15; 02/05/2018 – VP Armbruster Gifts 370 Of Steelcase Inc; 20/03/2018 – Steelcase Sees 1Q Rev $740M-$765M

Among 9 analysts covering Illinois Tool Works (NYSE:ITW), 2 have Buy rating, 3 Sell and 4 Hold. Therefore 22% are positive. Illinois Tool Works had 9 analyst reports since October 25, 2018 according to SRatingsIntel. On Thursday, October 25 the stock rating was maintained by Wells Fargo with “Outperform”. The company was maintained on Thursday, October 25 by Citigroup. The company was downgraded on Thursday, January 10 by JP Morgan. The stock of Illinois Tool Works Inc. (NYSE:ITW) earned “Neutral” rating by Seaport Global on Thursday, October 25. Robert W. Baird maintained Illinois Tool Works Inc. (NYSE:ITW) on Thursday, October 25 with “Neutral” rating. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, October 25 report. The rating was maintained by Credit Suisse on Thursday, October 25 with “Neutral”. The rating was downgraded by Bank of America to “Underperform” on Tuesday, February 5. Deutsche Bank downgraded the stock to “Sell” rating in Monday, December 17 report. See Illinois Tool Works Inc. (NYSE:ITW) latest ratings:

05/02/2019 Broker: Bank of America Old Rating: Neutral New Rating: Underperform Old Target: $128 New Target: $124 Downgrade
10/01/2019 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight New Target: $120 Downgrade
17/12/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Sell Old Target: $133 New Target: $125 Downgrade
25/10/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $145 New Target: $131 Maintain
25/10/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $146 New Target: $131 Maintain
25/10/2018 Broker: Robert W. Baird Old Rating: Neutral New Rating: Neutral Old Target: $141 New Target: $130 Maintain
25/10/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $166 New Target: $148 Maintain
25/10/2018 Broker: Wells Fargo Old Rating: Outperform New Rating: Outperform Old Target: $150 New Target: $145 Maintain
25/10/2018 Broker: Seaport Global Old Rating: Buy New Rating: Neutral Old Target: $170 New Target: $132 Downgrade

Investors sentiment increased to 1.07 in Q3 2018. Its up 0.18, from 0.89 in 2018Q2. It increased, as 42 investors sold Illinois Tool Works Inc. shares while 322 reduced holdings. 104 funds opened positions while 285 raised stakes. 220.32 million shares or 1.14% less from 222.87 million shares in 2018Q2 were reported. Mcdaniel Terry And reported 196,849 shares or 4.69% of all its holdings. Lincoln National invested in 0.02% or 4,555 shares. Amundi Pioneer Asset Management stated it has 508,387 shares. Bartlett & Lc owns 0.68% invested in Illinois Tool Works Inc. (NYSE:ITW) for 128,071 shares. Old Dominion Capital Management Inc has invested 0.23% in Illinois Tool Works Inc. (NYSE:ITW). Smithbridge Asset De holds 0.41% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 4,860 shares. 6,222 were reported by Dorsey Whitney Trust Ltd Company. Alpha Windward Ltd Liability Com has 2,082 shares. Tocqueville Asset Mngmt Limited Partnership reported 92,700 shares. North Star Asset Mngmt accumulated 57,309 shares. Prudential Fin invested in 0.07% or 345,155 shares. Sumitomo Life Ins owns 9,329 shares. Ontario Teachers Pension Plan Board reported 20,388 shares. Strategic Advsr Lc holds 1,456 shares. Howland Capital Management Limited Company reported 15,095 shares stake.

The stock decreased 0.14% or $0.2 during the last trading session, reaching $143.41. About 593,761 shares traded. Illinois Tool Works Inc. (NYSE:ITW) has declined 21.52% since February 21, 2018 and is downtrending. It has underperformed by 21.52% the S&P500. Some Historical ITW News: 26/04/2018 – ITW Delivers $1.90 Earnings per Share, up 23%; 20/04/2018 – DJ Illinois Tool Works Inc, Inst Holders, 1Q 2018 (ITW); 02/04/2018 – ITW Food Equipment Group Earns 2018 ENERGY STAR® Partner of the Year – Sustained Excellence Award; 26/04/2018 – ILLINOIS TOOL SEES 2Q EPS $7.60 TO $7.80, EST. $1.97; 22/03/2018 – Australian Gov: US Patent Issued to Illinois Tool Works on March 20 for “Power source for reducing electromagnetic interference; 03/05/2018 – ILLINOIS TOOL WORKS INC ITW.N : BOFA MERRILL CUTS PRICE OBJECTIVE TO $165 FROM $185; 26/04/2018 – ILLINOIS TOOL 1Q OPER REV. $3.74B, EST. $3.70B; 08/03/2018 – Moody’s Affirms Itw’s A2 Senior Unsecured And Prime-1 Short-term Ratings; Outlook Stable; 01/05/2018 – Sophia, the Humanoid Robot, and Dr. David Hanson, Robotics and AI Expert, Confirmed to Deliver ITW 2018 Keynote; 26/04/2018 – CORRECT: ILLINOIS TOOL SEES 2Q EPS $1.90 TO $2.00, EST. $1.97

Since December 11, 2018, it had 0 insider purchases, and 4 selling transactions for $26.86 million activity. $7.81 million worth of Illinois Tool Works Inc. (NYSE:ITW) was sold by Larsen Michael M on Tuesday, December 11. $1.99 million worth of Illinois Tool Works Inc. (NYSE:ITW) was sold by Hartnett John R.. 18,651 shares were sold by NAGARAJAN SUNDARAM, worth $2.57M on Monday, February 4. 108,885 shares valued at $14.50 million were sold by SANTI ERNEST SCOTT on Wednesday, December 12.

Illinois Tool Works Inc. manufactures and sells industrial products and equipment worldwide. The company has market cap of $47.05 billion. It operates through seven divisions: Automotive OEM; Test & Measurement and Electronics; Food Equipment; Polymers & Fluids; Welding; Construction Products; and Specialty Products. It has a 18.87 P/E ratio. The Automotive OEM segment produces plastic and metal components, fasteners, and assemblies for automotive-related applications.

More notable recent Illinois Tool Works Inc. (NYSE:ITW) news were published by: Globenewswire.com which released: “ITW Board of Directors Declares Quarterly Dividend – GlobeNewswire” on February 15, 2019, also Globenewswire.com with their article: “ITW Reports Fourth Quarter and Full Year Results – GlobeNewswire” published on February 01, 2019, Seekingalpha.com published: “Illinois Tool downgraded at BAML as Q4 results failed to inspire – Seeking Alpha” on February 05, 2019. More interesting news about Illinois Tool Works Inc. (NYSE:ITW) were released by: Seekingalpha.com and their article: “Illinois Tool Works, Inc. (ITW) CEO Scott Santi on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on February 01, 2019 as well as Fool.com‘s news article titled: “Why Middleby Stock Rose 14.5% in January – Motley Fool” with publication date: February 11, 2019.

Since September 25, 2018, it had 0 buys, and 8 sales for $1.62 million activity. Smith Allan W JR also sold $259,560 worth of Steelcase Inc. (NYSE:SCS) shares. PEW ROBERT C III sold $285,237 worth of Steelcase Inc. (NYSE:SCS) on Wednesday, October 10. Armbruster Sara E had sold 8,500 shares worth $157,250 on Friday, September 28. Shares for $372,226 were sold by O’Shaughnessy Lizbeth S. Shares for $36,162 were sold by Ludwig James N on Wednesday, September 26. Another trade for 13,741 shares valued at $213,398 was made by WEGE PETER M II on Friday, January 4. 8,300 shares valued at $156,755 were sold by Alvarez Guillaume M on Tuesday, September 25.

More notable recent Steelcase Inc. (NYSE:SCS) news were published by: Globenewswire.com which released: “Steelcase Named One of the World’s Most Admired Companies – GlobeNewswire” on January 28, 2019, also Zacks.com with their article: “Steelcase (SCS) Gains But Lags Market: What You Should Know – Zacks.com” published on February 20, 2019, Globenewswire.com published: “Steelcase Reports Third Quarter Fiscal 2019 Results NYSE:SCS – GlobeNewswire” on December 18, 2018. More interesting news about Steelcase Inc. (NYSE:SCS) were released by: Investorplace.com and their article: “7 S&P 500 Stocks That Need a New CEO – Investorplace.com” published on January 30, 2019 as well as Zacks.com‘s news article titled: “Steelcase (SCS) Stock Moves -0.06%: What You Should Know – Zacks.com” with publication date: February 06, 2019.

Investors sentiment decreased to 1.06 in Q3 2018. Its down 0.32, from 1.38 in 2018Q2. It worsened, as 21 investors sold Steelcase Inc. shares while 61 reduced holdings. 41 funds opened positions while 46 raised stakes. 73.39 million shares or 4.51% more from 70.22 million shares in 2018Q2 were reported. Bnp Paribas Arbitrage reported 0% in Steelcase Inc. (NYSE:SCS). Ancora Advisors Llc reported 45,093 shares. Tocqueville Asset Management Limited Partnership stated it has 210,000 shares. Citigroup invested 0% in Steelcase Inc. (NYSE:SCS). Citadel Advsr Ltd Liability Co reported 482,829 shares. Amundi Pioneer Asset holds 0% in Steelcase Inc. (NYSE:SCS) or 107,362 shares. Manufacturers Life Insurance Co The reported 55,455 shares stake. Public Employees Retirement Association Of Colorado holds 0% in Steelcase Inc. (NYSE:SCS) or 15,824 shares. Gam Holdings Ag holds 0.04% of its portfolio in Steelcase Inc. (NYSE:SCS) for 56,213 shares. 278,416 are held by Greenleaf Trust. Numerixs Investment Technologies reported 7,852 shares. 428,127 are owned by Brown Brothers Harriman & Co. Axa has invested 0% in Steelcase Inc. (NYSE:SCS). Lsv Asset invested in 2.53M shares. Verition Fund Management Limited Liability Corp holds 0.01% of its portfolio in Steelcase Inc. (NYSE:SCS) for 21,659 shares.

Illinois Tool Works Inc. (NYSE:ITW) Institutional Positions Chart

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