When Should You Buy Steelcase Inc. (NYSE:SCS)?
When Should You Buy Steelcase Inc. (NYSE:SCS)?
Steelcase Inc. (NYSE:SCS), might not be a large cap stock, but it received a lot of attention from a substantial price movement on the NYSE over the last few months, increasing to US$14.49 at one point, and dropping to the lows of US$12.18. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Steelcase's current trading price of US$13.15 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Steelcase's outlook and value based on the most recent financial data to see if there are any catalysts for a price change.
Steelcase Inc.(紐交所:SCS)可能不是大盤股,但在過去幾個月中受到了紐交所大幅波動的極大關注,股價一度上漲到14.49美元,跌至12.18美元的低位。某些股價波動可以給投資者一個更好的機會進入股市,或者以更低的價格潛在地購買。一個需要回答的問題是,Steelcase目前的交易價格13.15美元反映了小市值股票的實際價值嗎?抑或是它目前被低估,提供給我們買入的機會?讓我們根據最近的財務數據來看一下Steelcase的前景和價值,以確定是否有可能發生價格變動的催化劑。
Is Steelcase Still Cheap?
Steelcase是否仍然便宜?
Good news, investors! Steelcase is still a bargain right now according to our price multiple model, which compares the company's price-to-earnings ratio to the industry average. In this instance, we've used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock's cash flows. we find that Steelcase's ratio of 17.13x is below its peer average of 28.41x, which indicates the stock is trading at a lower price compared to the Commercial Services industry. What's more interesting is that, Steelcase's share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.
投資者們,有個好消息!根據我們的價格多元模型,Steelcase現在仍然是便宜的,該模型將公司的市盈率與行業平均水平進行比較。在這種情況下,我們使用了市盈率(PE),因爲沒有足夠的信息來可靠地預測股票的現金流。我們發現,Steelcase的市盈率爲17.13倍,低於同行業平均水平的28.41倍,這表明其股票正在以較低的價格交易,與商業服務行業相比處於較低的價格水平。更有趣的是,Steelcase的股價非常波動,這使我們有更多的機會購買,因爲股價在未來可能會下降(或上漲)。這是基於其高貝塔值的,它是一個衡量股票相對於市場的動盪程度的良好指標。
What kind of growth will Steelcase generate?
Steelcase會產生什麼樣的增長?
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Future outlook is an important aspect when you're looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let's also take a look at the company's future expectations. Steelcase's earnings over the next few years are expected to increase by 46%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.
未來前景是買入股票時需要考慮的重要方面,特別是如果你是在尋找投資組合增長的投資者。選擇一個未來前景強勁的優質公司以低廉的價格購買股票始終是一種不錯的投資,因此,讓我們也來看一下該公司未來的預期。據預計,Steelcase在未來幾年的收益將增長46%,這表明未來前景非常樂觀。這應該會導致更強勁的現金流,進而提高股價。
What This Means For You
這對您意味着什麼?
Are you a shareholder? Since SCS is currently trading below the industry PE ratio, it may be a great time to increase your holdings in the stock. With a positive profit outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as capital structure to consider, which could explain the current price multiple.
您是股東嗎?由於SCS目前交易價格低於行業市盈率,現在增加股份可能是個好時機。由於正面的盈利前景,這似乎意味着這種增長尚未完全反映在股價中。但是,還有其他因素(例如資本結構)需要考慮,這些因素可能解釋當前的價格倍數。
Are you a potential investor? If you've been keeping an eye on SCS for a while, now might be the time to make a leap. Its buoyant future profit outlook isn't fully reflected in the current share price yet, which means it's not too late to buy SCS. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision.
您是潛在的投資者嗎?如果您一直關注SCS股票,現在可能是時候邁出一步了。由於目前股價未完全反映其未來盈利前景,這意味着現在買入SCS並不遲。但是在做出任何投資決策之前,還需要考慮其他因素,如管理團隊的業績記錄,以便做出明智的投資決策。
With this in mind, we wouldn't consider investing in a stock unless we had a thorough understanding of the risks. For example, we've discovered 2 warning signs that you should run your eye over to get a better picture of Steelcase.
鑑於這一點,除非我們對風險有全面的了解,否則我們不會考慮投資於股票。例如,我們發現了2個警告信號,您應該對其進行審視,以獲得更好的Steelcase股票畫面。
If you are no longer interested in Steelcase, you can use our free platform to see our list of over 50 other stocks with a high growth potential.
如果您不再對Steelcase感興趣,則可以使用我們的免費平台查看我們超過50只其他高成長潛力股票的列表。
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。