Strattec Security (STRT) Getting Somewhat Favorable News Coverage, Analysis Finds

News stories about Strattec Security (NASDAQ:STRT) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Strattec Security earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news stories about the auto parts company an impact score of 46.8863906597766 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Separately, ValuEngine lowered shares of Strattec Security from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd.

STRT traded down $0.15 during trading on Thursday, reaching $39.35. 3,930 shares of the company traded hands, compared to its average volume of 9,880. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.06 and a quick ratio of 1.46. Strattec Security has a 12-month low of $30.05 and a 12-month high of $49.20. The firm has a market cap of $149.64 million, a P/E ratio of 14.03 and a beta of 1.50.

Strattec Security (NASDAQ:STRT) last announced its quarterly earnings data on Thursday, April 26th. The auto parts company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.18. Strattec Security had a net margin of 2.34% and a return on equity of 6.02%. The business had revenue of $116.82 million during the quarter.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Shareholders of record on Friday, June 15th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Thursday, June 14th.

Strattec Security Company Profile

Strattec Security Corporation engages in the design, development, manufacture, and marketing of automotive access control products under the VAST brand primarily in the United States. The company offers 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.

Insider Buying and Selling by Quarter for Strattec Security (NASDAQ:STRT)

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