On Tuesday, Apple Inc. (NASDAQ:AAPL)’s shares declined -0.09% to $107.23. With its recent share price change, AAPL market value has reached roughly $598.40 billion. Its most recent quarter balance sheet showed the company is standing at a 1.10 current ratio and possess -0.45 as debt to equity ratio. The company has a Profit Margin (ttm) of positive 22.80% and has 40.10% gross margins. The operating profit margin is 30.50%. The stock’s performance in 1 month is -10.12% and its volatility for the same period is 2.47%.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, education, and enterprise and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers.
Steelcase Inc. (NYSE:SCS)’s shares dropped -22.93% to $14.55.
Steelcase Inc. (SCS) stated third quarter revenue of $787.6 million and net income of $35.6 million, or diluted earnings per share of $0.28. Not Taking Into Account restructuring costs, adjusted earnings were $0.30 per share. In the preceding year, Steelcase stated $800.0 million of revenue, diluted earnings per share of $0.09 and adjusted earnings of $0.29 per share.
Organic revenue growth over the preceding year was 1 percent after adjusting for about $29.9 million of unfavorable currency translation effects and the impact of a small acquisition, net of divestitures. The Americas and Other category posted organic revenue growth of 3 percent and 9 percent, respectively, while EMEA posted an organic decline of 8 percent. The organic decline in EMEA in the current quarter compares to 14 percent organic revenue growth in the preceding year, which was primarily driven by a number of project orders received in the first half of fiscal 2015 for which revenue was recognized in the third and fourth quarters.
Current quarter operating income of $55.2 million compares to operating income of $18.7 million in the preceding year. Not Taking Into Account restructuring costs, third quarter adjusted operating income of $58.2 million raised by $2.1 million contrast to the preceding year and reflected improvements in the Americas and Asia Pacific largely offset by higher adjusted operating losses in EMEA.
Steelcase Inc. designs, manufactures, and distributes an integrated portfolio of furniture settings, user-centered technologies, and interior architectural products. The company operates through Americas, EMEA, and Other Category segments. Its furniture systems portfolio comprises panel-based and freestanding furniture systems; and complementary products, such as storage, tables, and ergonomic worktools.
Polaris Industries Inc. (NYSE:PII)‘s shares surged 1.28% to $84.37. Polaris Industries Inc. (NYSE:PII) is now worth about $5.46 billion. The share price has made a -9.68% loss in the past 5 days and has lost -44.21% since 2015 kicked off. Analysts are forecasting EPS growth of 7.07% for next fiscal year and 14.00% growth in the next 5 years. The stock trades with a beta of 1.14. The stock price is above by -35.17% as contrast to the average price over the last 200 days. The company has 28.60% gross margins.
Polaris Industries Inc., together with its auxiliaries, designs, engineers, manufactures, and markets off-road vehicles, snowmobiles, motorcycles, and small vehicles primarily in the United States, Canada, Western Europe, Australia, and Mexico.
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