Sidoti Csr Expects Reduced Earnings for Strattec Security

Key Points

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Strattec Security Corporation (NASDAQ:STRT - Free Report) - Sidoti Csr lowered their Q1 2027 earnings per share estimates for shares of Strattec Security in a research report issued on Monday, August 18th. Sidoti Csr analyst J. Franzreb now forecasts that the auto parts company will post earnings per share of $1.02 for the quarter, down from their previous estimate of $1.11. The consensus estimate for Strattec Security's current full-year earnings is $3.67 per share. Sidoti Csr also issued estimates for Strattec Security's Q2 2027 earnings at $0.86 EPS and Q4 2027 earnings at $1.76 EPS.

Strattec Security (NASDAQ:STRT - Get Free Report) last issued its earnings results on Thursday, August 14th. The auto parts company reported $2.06 EPS for the quarter, beating analysts' consensus estimates of $1.07 by $0.99. Strattec Security had a return on equity of 9.11% and a net margin of 3.31%. The business had revenue of $152.01 million during the quarter, compared to analyst estimates of $143.51 million.

Separately, Wall Street Zen raised Strattec Security from a "buy" rating to a "strong-buy" rating in a research report on Saturday.

Strattec Security Stock Performance

Shares of Strattec Security stock opened at $71.02 on Tuesday. Strattec Security has a one year low of $31.57 and a one year high of $83.00. The firm has a market capitalization of $296.01 million, a price-to-earnings ratio of 15.54, a PEG ratio of 1.60 and a beta of 1.30. The business has a 50-day simple moving average of $64.62 and a 200 day simple moving average of $50.82. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.33 and a quick ratio of 1.72.

Institutional Trading of Strattec Security

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameritas Investment Partners Inc. bought a new stake in Strattec Security during the 2nd quarter worth approximately $25,000. Empowered Funds LLC increased its holdings in Strattec Security by 3.3% during the 1st quarter. Empowered Funds LLC now owns 17,221 shares of the auto parts company's stock worth $680,000 after purchasing an additional 555 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. increased its holdings in Strattec Security by 57.1% during the 4th quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,715 shares of the auto parts company's stock worth $71,000 after purchasing an additional 623 shares in the last quarter. Dynamic Technology Lab Private Ltd increased its holdings in Strattec Security by 10.6% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 8,180 shares of the auto parts company's stock worth $509,000 after purchasing an additional 787 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey bought a new stake in Strattec Security during the 2nd quarter worth approximately $50,000. 68.91% of the stock is owned by institutional investors.

About Strattec Security

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.

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