Strattec Security (STRT) Scheduled to Post Quarterly Earnings on Monday

Strattec Security (NASDAQ:STRT - Get Free Report) is scheduled to release its earnings data after the market closes on Monday, November 4th. Analysts expect Strattec Security to post earnings of $0.40 per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Strattec Security (NASDAQ:STRT - Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The auto parts company reported $2.39 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $143.06 million for the quarter, compared to analysts' expectations 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 Stock Performance

NASDAQ:STRT traded down $0.17 during trading hours on Monday, reaching $38.99. 26,996 shares of the stock were exchanged, compared to its average volume of 14,086. The company has a quick ratio of 1.46, a current ratio of 2.15 and a debt-to-equity ratio of 0.06. The firm has a 50 day simple moving average of $37.86 and a 200-day simple moving average of $29.82. Strattec Security has a 52 week low of $20.87 and a 52 week high of $43.15. The stock has a market capitalization of $158.61 million, a P/E ratio of 39.38, a P/E/G ratio of 1.98 and a beta of 1.13.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded Strattec Security from a "strong-buy" rating to a "buy" rating in a report on Friday, August 2nd.

Insider Activity

In other news, VP Richard P. Messina sold 1,270 shares of Strattec Security stock in a transaction dated Friday, August 16th. The shares were 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 directly owns 11,930 shares of the company's stock, valued at approximately $462,645.40. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last three months, insiders sold 2,070 shares of company stock valued at $74,033. Company insiders own 6.93% of the company's stock.

About Strattec Security

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.