News articles about Strattec Security Corporation (NASDAQ:STRT) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Strattec Security Corporation earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the auto parts company an impact score of 46.7433939658315 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Separately, ValuEngine raised Strattec Security Corporation from a “buy” rating to a “strong-buy” rating in a research report on Monday, October 2nd.
Shares of Strattec Security Corporation (STRT) opened at $46.05 on Tuesday. Strattec Security Corporation has a 1 year low of $23.00 and a 1 year high of $49.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.43 and a current ratio of 2.02. The stock has a market capitalization of $160.98, a PE ratio of 19.84 and a beta of 1.72.
Strattec Security Corporation (NASDAQ:STRT) last posted its quarterly earnings results on Thursday, October 26th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.55 by $0.12. Strattec Security Corporation had a return on equity of 4.86% and a net margin of 1.93%. The firm had revenue of $102.46 million during the quarter.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Friday, December 15th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.22%. The ex-dividend date of this dividend is Thursday, December 14th. Strattec Security Corporation’s dividend payout ratio (DPR) is presently 25.34%.
In other news, VP Richard P. Messina sold 3,200 shares of the company’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $46.04, for a total value of $147,328.00. Following the completion of the sale, the vice president now owns 4,840 shares of the company’s stock, valued at $222,833.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Patrick J. Hansen sold 2,900 shares of the company’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $45.49, for a total value of $131,921.00. Following the completion of the sale, the insider now directly owns 11,950 shares of the company’s stock, valued at approximately $543,605.50. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,100 shares of company stock valued at $404,649. 7.10% of the stock is owned by company insiders.
About Strattec Security Corporation
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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