Strattec Security (NASDAQ:STRT) Announces Earnings Results, Beats Expectations By $0.37 EPS

Strattec Security (NASDAQ:STRT - Get Free Report) issued its quarterly earnings data on Thursday. The auto parts company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.37, Zacks reports. Strattec Security had a return on equity of 7.79% and a net margin of 2.92%. During the same period in the prior year, the company earned $0.26 EPS.

Strattec Security Trading Up 16.2 %

NASDAQ STRT traded up $5.97 during mid-day trading on Monday, reaching $42.82. 84,732 shares of the stock were exchanged, compared to its average volume of 18,394. The stock has a market capitalization of $175.60 million, a PE ratio of 10.71, a PEG ratio of 1.39 and a beta of 1.15. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.48 and a current ratio of 2.18. Strattec Security has a 1-year low of $21.05 and a 1-year high of $44.55. The business's fifty day simple moving average is $40.20 and its 200 day simple moving average is $37.95.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Strattec Security from a "buy" rating to a "strong-buy" rating in a report on Friday.

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.