News coverage about Strattec Security (NASDAQ:STRT) has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Strattec Security earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave news headlines about the auto parts company an impact score of 45.0060834818473 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Separately, ValuEngine raised Strattec Security from a “buy” rating to a “strong-buy” rating in a research note on Monday, October 2nd.
Shares of Strattec Security (NASDAQ STRT) traded up $0.80 on Friday, hitting $45.85. The stock had a trading volume of 8,841 shares, compared to its average volume of 12,251. The company has a quick ratio of 1.43, a current ratio of 2.02 and a debt-to-equity ratio of 0.23. Strattec Security has a twelve month low of $23.00 and a twelve month high of $49.20. The firm has a market capitalization of $168.33, a price-to-earnings ratio of 20.75 and a beta of 1.69.
Strattec Security (NASDAQ:STRT) last issued its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.12. Strattec Security had a return on equity of 4.86% and a net margin of 1.93%. The business had revenue of $102.46 million for the quarter.
In other news, insider Patrick J. Hansen sold 2,900 shares of the company’s stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $45.49, for a total transaction of $131,921.00. Following the transaction, the insider now owns 11,950 shares of the company’s stock, valued at $543,605.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Patrick J. Hansen sold 2,000 shares of the company’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $45.00, for a total value of $90,000.00. Following the transaction, the chief financial officer now directly owns 11,950 shares in the company, valued at approximately $537,750. The disclosure for this sale can be found here. Insiders have sold 9,100 shares of company stock worth $414,899 in the last ninety days. 7.10% of the stock is currently owned by insiders.
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Strattec Security Company Profile
Strattec Security Corporation designs, develops, manufactures and markets automotive access control products. The Company offers access control products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related products for North American automotive customers.
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