Strattec Security (STRT) Stock Price, News & Analysis

Company Overview

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. It also offers full service and aftermarket support services for its products. The company markets its products to automotive and light truck original equipment manufacturers, as well as other transportation-related manufacturers; and through wholesale distributors, other marketers, and users of component parts, as well as certain products to non-automotive commercial customers. It also exports its products to Europe, South America, Korea, China, and India. Strattec Security Corporation was founded in 1908 and is headquartered in Milwaukee, Wisconsin.

Key Stats

• Today's Range: $40.86 to $42.28
• 50-Day Range: $34.60 to $43.97
• 52-Week Range: $21.05 to $44.26
• Volume: 17,906 shs
• Average Volume: 14,973 shs
• Market Capitalization: $172.49 million
• P/E Ratio: 10.68
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Strattec Security Stock Analysis - MarketRank™

Strattec Security scored higher than 44% of companies evaluated by MarketBeat, and ranked 58th out of 90 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Strattec Security.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 0.72%

Earnings Growth

Earnings for Strattec Security are expected to grow by 0.72% in the coming year, from $2.76 to $2.78 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Strattec Security is 10.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.

Price to Earnings Ratio vs. Sector

The P/E ratio of Strattec Security is 10.68, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 11.32.

Price to Earnings Growth Ratio

Strattec Security has a PEG Ratio of 1.59. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Strattec Security has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.18% of the float of Strattec Security has been sold short.

Short Interest Ratio / Days to Cover

Strattec Security has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Strattec Security has recently increased by 23.64%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Strattec Security does not currently pay a dividend.

Dividend Growth

Strattec Security does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Strattec Security is 14.21%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Strattec Security will have a dividend payout ratio of 20.14% next year. This indicates that Strattec Security will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.18% of the float of Strattec Security has been sold short.

Short Interest Ratio / Days to Cover

Strattec Security has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Strattec Security has recently increased by 23.64%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 3 people have searched for STRT on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Strattec Security insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $37,344.00 in company stock.

Percentage Held by Insiders

Only 6.40% of the stock of Strattec Security is held by insiders.

Percentage Held by Institutions

68.91% of the stock of Strattec Security is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

STRT Stock Analysis - Frequently Asked Questions

How have STRT shares performed this year?

Strattec Security's stock was trading at $25.34 at the start of the year. Since then, STRT stock has increased by 66.0% and is now trading at $42.06.
View the best growth stocks for 2024 here.

How were Strattec Security's earnings last quarter?

Strattec Security Co. (NASDAQ:STRT) announced its quarterly earnings results on Monday, November, 4th. The auto parts company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.36. The auto parts company had revenue of $139.05 million for the quarter, compared to analyst estimates of $139.32 million. Strattec Security had a net margin of 2.93% and a trailing twelve-month return on equity of 7.12%.

Who are Strattec Security's major shareholders?

Strattec Security's top institutional investors include De Lisle Partners LLP (1.05%), Geode Capital Management LLC (1.02%), Factorial Partners LLC (0.77%) and Allspring Global Investments Holdings LLC (0.61%). Insiders that own company stock include Gate City Capital Management,, Richard P Messina, Patrick J Hansen, Tina M Chang and Gamco Investors, Inc Et Al.
View institutional ownership trends.

How do I buy shares of Strattec Security?

Shares of STRT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Strattec Security own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Strattec Security investors own include Broadcom (AVGO), Arista Networks (ANET), NVIDIA (NVDA), Meta Platforms (META), ServiceNow (NOW), Adobe (ADBE) and Jabil (JBL).

Company Calendar

• Last Earnings: 11/04/2024
• Today: 12/21/2024
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Auto/Tires/Trucks
• Industry: Motor vehicle parts & accessories
• Sub-Industry: Automobiles And Trucks
• Current Symbol: NASDAQ:STRT
• CUSIP: N/A
• CIK: 933034
• Web: www.strattec.com
• Phone: (414) 247-3333
• Fax: 414-247-3329
• Employees: 3,365
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $3.94
• Trailing P/E Ratio: 10.68
• Forward P/E Ratio: 15.24
• P/E Growth: 1.59
• Net Income: $16.31 million
• Net Margins: 2.93%
• Pretax Margin: 3.62%
• Return on Equity: 7.12%
• Return on Assets: 4.49%

Debt

• Debt-to-Equity Ratio: 0.06
• Current Ratio: 2.18
• Quick Ratio: 1.48

Sales & Book Value

• Annual Sales: $541.41 million
• Price / Sales: 0.32
• Cash Flow: $7.73 per share
• Price / Cash Flow: 5.44
• Book Value: $55.46 per share
• Price / Book: 0.76

Miscellaneous

• Outstanding Shares: 4,101,000
• Free Float: 3,839,000
• Market Cap: $172.49 million
• Optionable: Not Optionable
• Beta: 1.15