Sidoti Csr Research Analysts Cut Earnings Estimates for STRT

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Strattec Security Corporation (NASDAQ:STRT - Free Report) - Investment analysts at Sidoti Csr reduced their Q1 2027 earnings per share (EPS) estimates for Strattec Security in a report released on Monday, August 18th. Sidoti Csr analyst J. Franzreb now anticipates that the auto parts company will earn $1.02 per share for the quarter, down from their previous forecast 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 posted its quarterly earnings data on Thursday, August 14th. The auto parts company reported $2.06 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.99. The company had revenue of $152.01 million during the quarter, compared to analysts' expectations of $143.51 million. Strattec Security had a return on equity of 9.11% and a net margin of 3.31%.

Several other equities research analysts have also issued reports on STRT. Wall Street Zen lowered shares of Strattec Security from a "strong-buy" rating to a "buy" rating in a research note on Sunday. Zacks Research lowered shares of Strattec Security from a "hold" rating to a "strong sell" rating in a research note on Tuesday, August 19th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of "Sell".

Strattec Security Stock Up 1.6%

Shares of STRT stock traded up $1.08 on Tuesday, hitting $67.50. 117,785 shares of the stock were exchanged, compared to its average volume of 126,570. The company has a current ratio of 2.33, a quick ratio of 1.72 and a debt-to-equity ratio of 0.06. Strattec Security has a fifty-two week low of $31.57 and a fifty-two week high of $83.00. The business has a 50-day moving average of $65.27 and a 200 day moving average of $51.56. The firm has a market capitalization of $281.48 million, a P/E ratio of 14.77, a price-to-earnings-growth ratio of 1.59 and a beta of 1.30.

Hedge Funds Weigh In On Strattec Security

A number of institutional investors have recently bought and sold shares of the business. Captrust Financial Advisors acquired a new stake in shares of Strattec Security during the 2nd quarter worth about $225,000. Lazard Asset Management LLC lifted its stake in shares of Strattec Security by 414.3% during the 2nd quarter. Lazard Asset Management LLC now owns 13,500 shares of the auto parts company's stock worth $839,000 after buying an additional 10,875 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Strattec Security by 420.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 2,464 shares of the auto parts company's stock worth $153,000 after buying an additional 1,991 shares during the last quarter. Bridgeway Capital Management LLC lifted its stake in shares of Strattec Security by 3.9% during the 2nd quarter. Bridgeway Capital Management LLC now owns 42,613 shares of the auto parts company's stock worth $2,651,000 after buying an additional 1,580 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new position in Strattec Security in the 2nd quarter valued at $1,806,000. Institutional investors and hedge funds own 68.91% of the company's stock.

Strattec Security Company Profile

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.