SCS vs. HNI, ADV, BBU, OPEN, MAX, AVPT, MEG, MTTR, GCT, and ZKH
Should you be buying Steelcase stock or one of its competitors? The main competitors of Steelcase include HNI (HNI), Advantage Solutions (ADV), Brookfield Business Partners (BBU), Opendoor Technologies (OPEN), MediaAlpha (MAX), AvePoint (AVPT), Montrose Environmental Group (MEG), Matterport (MTTR), GigaCloud Technology (GCT), and ZKH Group (ZKH). These companies are all part of the "business services" sector.
Steelcase (NYSE:SCS) and HNI (NYSE:HNI) are both business services companies, but which is the better business? We will contrast the two businesses based on the strength of their dividends, media sentiment, community ranking, risk, earnings, institutional ownership, analyst recommendations, valuation and profitability.
92.4% of Steelcase shares are owned by institutional investors. Comparatively, 75.3% of HNI shares are owned by institutional investors. 12.7% of Steelcase shares are owned by insiders. Comparatively, 3.4% of HNI shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Steelcase pays an annual dividend of $0.40 per share and has a dividend yield of 3.2%. HNI pays an annual dividend of $1.28 per share and has a dividend yield of 2.9%. Steelcase pays out 58.8% of its earnings in the form of a dividend. HNI pays out 94.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Steelcase is clearly the better dividend stock, given its higher yield and lower payout ratio.
In the previous week, HNI had 23 more articles in the media than Steelcase. MarketBeat recorded 26 mentions for HNI and 3 mentions for Steelcase. Steelcase's average media sentiment score of 0.86 beat HNI's score of 0.35 indicating that Steelcase is being referred to more favorably in the media.
Steelcase currently has a consensus target price of $11.00, suggesting a potential downside of 11.93%. HNI has a consensus target price of $54.00, suggesting a potential upside of 22.20%. Given HNI's higher possible upside, analysts plainly believe HNI is more favorable than Steelcase.
Steelcase received 72 more outperform votes than HNI when rated by MarketBeat users. Likewise, 65.13% of users gave Steelcase an outperform vote while only 56.67% of users gave HNI an outperform vote.
Steelcase has higher revenue and earnings than HNI. Steelcase is trading at a lower price-to-earnings ratio than HNI, indicating that it is currently the more affordable of the two stocks.
Steelcase has a beta of 1.32, meaning that its stock price is 32% more volatile than the S&P 500. Comparatively, HNI has a beta of 0.87, meaning that its stock price is 13% less volatile than the S&P 500.
HNI's return on equity of 17.75% beat Steelcase's return on equity.
Summary
Steelcase beats HNI on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SCS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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