Strattec Security (STRT) Scheduled to Post Earnings on Monday

Strattec Security (NASDAQ:STRT) will be issuing its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.40 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Strattec Security (NASDAQ:STRT) last issued its quarterly earnings data on Thursday, August 8th. The auto parts company reported $2.39 EPS for the quarter, topping the consensus estimate of $0.38 by $2.01. Strattec Security had a net margin of 3.03% and a return on equity of 7.43%. The business had revenue of $143.06 million during the quarter, compared to analyst estimates of $141.51 million. On average, analysts expect Strattec Security to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Strattec Security Trading Down 2.7 %

NASDAQ:STRT opened at $36.52 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.15 and a quick ratio of 1.46. The company’s 50-day simple moving average is $37.78 and its 200 day simple moving average is $30.28. Strattec Security has a one year low of $20.87 and a one year high of $43.15. The firm has a market capitalization of $149.73 million, a P/E ratio of 8.97, a PEG ratio of 1.90 and a beta of 1.14.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of Strattec Security from a “strong-buy” rating to a “buy” rating in a research note on Friday, August 2nd.

Insider Activity

In other news, VP Richard P. Messina sold 1,270 shares of Strattec Security stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $38.78, for a total value of $49,250.60. Following the completion of the transaction, the vice president now owns 11,930 shares in the company, valued at approximately $462,645.40. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 2,070 shares of company stock worth $74,033 over the last 90 days. Corporate insiders own 6.40% of the company’s stock.

Strattec Security Company Profile

Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. The company provides mechanical and electronically enhanced locks and keys, passive entry passive start systems, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power tailgate and lift gate systems, power deck lid systems, door handles, and related products.