How have SCX shares performed in 2023?

L.S. Starrett's stock was trading at $7.36 at the beginning of 2023. Since then, SCX stock has increased by 35.6% and is now trading at $9.98. View the best growth stocks for 2023 here .

Are investors shorting L.S. Starrett?

L.S. Starrett saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 7,000 shares, an increase of 22.8% from the October 31st total of 5,700 shares. Based on an average daily trading volume, of 18,800 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company's stock are short sold. View L.S. Starrett's Short Interest .

When is L.S. Starrett's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, February 5th 2024. View our SCX earnings forecast .

How were L.S. Starrett's earnings last quarter?

The L.S. Starrett Company (NYSE:SCX) announced its quarterly earnings data on Monday, November, 13th. The company reported $0.25 EPS for the quarter. The business had revenue of $60.64 million for the quarter. L.S. Starrett had a net margin of 8.95% and a trailing twelve-month return on equity of 6.53%.

Is L.S. Starrett a good dividend stock?

L.S. Starrett (NYSE:SCX) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 13.16%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for SCX .

What is Douglas A. Starrett's approval rating as L.S. Starrett's CEO?

5 employees have rated L.S. Starrett Chief Executive Officer Douglas A. Starrett on Glassdoor.com . Douglas A. Starrett has an approval rating of 28% among the company's employees. This puts Douglas A. Starrett in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of L.S. Starrett own?

Based on aggregate information from My MarketBeat watchlists, some companies that other L.S. Starrett investors own include Marathon Petroleum (MPC) , AT&T (T) , Blackrock Resources & Commodities Strategy Trust (BCX) , BlackRock Enhanced International Dividend Trust (BGY) , British American Tobacco (BTI) , Dominion Energy (D) , Enbridge (ENB) , Enterprise Products Partners (EPD) , Energy Transfer (ET) and Gilead Sciences (GILD) .

Who are L.S. Starrett's major shareholders?

L.S. Starrett's stock is owned by many different institutional and retail investors. Top institutional investors include Royal Bank of Canada (0.39%) and O Shaughnessy Asset Management LLC (0.34%). Insiders that own company stock include Christian Arntsen , David T Allen , Douglas A Starrett, Emerson Leme and John C Tripp . View institutional ownership trends .

How do I buy shares of L.S. Starrett?

Shares of SCX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

L.S. Starrett Stock Price, News & Analysis (NYSE:SCX)

$9.98

+0.19 (+1.94%)

(As of 12/8/2023 ET)

Compare

Today's Range: $9.80
▼
$10.06
50-Day Range: $9.02
▼
$11.24
52-Week Range: $7.00
▼
$13.10

Volume: 11,558 shs
Average Volume: 19,525 shs
Market Capitalization: $74.69 million

P/E Ratio: 3.28
Dividend Yield: N/A
Price Target: N/A

L.S. Starrett MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.12% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Selling Shares
$95,827 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.63 out of 5 stars

Consumer Discretionary Sector

188th out of 223 stocks

Cutlery, Handtools, & General Hardware Industry

4th out of 4 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for L.S. Starrett.

3.0

Short Interest

Percentage of Shares Shorted
0.12% of the float of L.S. Starrett has been sold short.
Short Interest Ratio / Days to Cover
L.S. Starrett has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in L.S. Starrett has recently increased by 22.81%, indicating that investor sentiment is decreasing significantly.

0.8

Dividend Strength

Dividend Yield
L.S. Starrett does not currently pay a dividend.
Dividend Growth
L.S. Starrett does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of L.S. Starrett is 13.16%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SCX.

0.6

News and Social Media Coverage

Search Interest
2 people have searched for SCX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added L.S. Starrett to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, L.S. Starrett insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $95,827.00 in company stock.
Percentage Held by Insiders
Only 7.00% of the stock of L.S. Starrett is held by insiders.
Percentage Held by Institutions
41.60% of the stock of L.S. Starrett is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of L.S. Starrett is 3.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of L.S. Starrett is 3.28, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.98.
Price to Book Value per Share Ratio
L.S. Starrett has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About L.S. Starrett Stock (NYSE:SCX)

The L.S. Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products in North America, Brazil, and China. The company's products include precision tools, electronic gauges, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, tape measures, levels, chalk products, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and reciprocating saw blades, as well as M1 lubricant and precision ground flat stock products. It also provides measuring tools, such as micrometers, vernier calipers, height distributors, depth gages, electronic gages, dial indicators, steel rules, combination squares, and custom and non-contact gaging such as vision, optical, and measurement systems. In addition, the company offers hand tools for measuring, marking, and layout that include tapes, levels, chalk lines, and other products for building trades, and construction and retail trades. It primarily distributes its precision hand tools, and saw and construction products through distributors or resellers. The company serves metalworking, wood, food, semi-conductor production, aerospace, medical, oil and gas, machinery, government, equipment, and automotive markets; marine and farm equipment shops, and DIY enthusiasts; and tradesmen, which comprise builders, carpenters, plumbers, and electricians. The L.S. Starrett Company was founded in 1880 and is headquartered in Athol, Massachusetts.

SCX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SCX Stock News Headlines

November 29, 2023 | americanbankingnews.com

L.S. Starrett (NYSE:SCX) Share Price Crosses Below Two Hundred Day Moving Average of $10.73

November 13, 2023 | msn.com

The L.S. Starrett GAAP EPS of $0.25, revenue of $60.6M

December 8, 2023 | Financial Alphas (Ad)

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November 13, 2023 | finance.yahoo.com

The L.S. Starrett Company Announces Fiscal 2024 First Quarter Results

November 5, 2023 | morningstar.com

The L S Starrett Co SCX

October 25, 2023 | finance.yahoo.com

Does L.S. Starrett (NYSE:SCX) Deserve A Spot On Your Watchlist?

October 5, 2023 | finance.yahoo.com

Investors in L.S. Starrett (NYSE:SCX) have seen impressive returns of 247% over the past three years

September 22, 2023 | benzinga.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The L.S. Starrett Company - SCX

December 8, 2023 | Financial Alphas (Ad)

Recent Reports Are A Wake-Up Call For Investors

September 15, 2023 | finance.yahoo.com

The L.S. Starrett Company Announces Fiscal 2023 Results

July 25, 2023 | finance.yahoo.com

SCX - The L.S. Starrett Company

July 10, 2023 | finance.yahoo.com

We Like These Underlying Return On Capital Trends At L.S. Starrett (NYSE:SCX)

May 8, 2023 | msn.com

The L.S. Starrett GAAP EPS of $0.99, revenue of $61.7M

May 8, 2023 | finance.yahoo.com

The L.S. Starrett Company Announces Fiscal 2023 Third Quarter Results

April 5, 2023 | finance.yahoo.com

Investing in L.S. Starrett (NYSE:SCX) three years ago would have delivered you a 232% gain

March 23, 2023 | seekingalpha.com

SCX The L.S. Starrett Company

February 8, 2023 | finance.yahoo.com

L.S. Starrett Second Quarter 2023 Earnings: EPS: US$0.42 (vs US$0.35 in 2Q 2022)

February 6, 2023 | msn.com

The L.S. Starrett GAAP EPS of $0.42, revenue of $66.8M

February 6, 2023 | finance.yahoo.com

The L.S. Starrett Company Announces Fiscal 2023 Second Quarter Results

February 3, 2023 | seekingalpha.com

L.S. Starrett: Lean Business, Pension Plan Issues Seem Resolved

January 20, 2023 | finance.yahoo.com

SUNCOKE ENERGY, INC. ANNOUNCES FOURTH QUARTER 2022 EARNINGS DATE

January 16, 2023 | reuters.com

SCX.PH - | Stock Price & Latest News | Reuters

January 10, 2023 | finance.yahoo.com

Estimating The Fair Value Of The L.S. Starrett Company (NYSE:SCX)

November 3, 2022 | finance.yahoo.com

The L.S. Starrett Company Announces Fiscal 2023 First Quarter Results

October 18, 2022 | finance.yahoo.com

Those who invested in L.S. Starrett (NYSE:SCX) three years ago are up 65%

August 27, 2022 | nasdaq.com

Even With A 33% Surge Cautious Investors Are Not Rewarding The L.S. Starrett Company's (NYSE:SCX) Performance Completely

August 25, 2022 | finance.yahoo.com

The L.S. Starrett Company Announces Fiscal 2022 Results

See More Headlines

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Company Calendar

Last Earnings: 11/13/2023
Today: 12/08/2023
Next Earnings (Estimated): 2/05/2024
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Cutlery, handtools, & general hardware
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NYSE:SCX
CUSIP: N/A
CIK: 93676
Web: www.starrett.com
Phone: (978) 249-3551
Fax: 978-249-8495
Employees: 1,529
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $3.04
Trailing P/E Ratio: 3.28
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $23.09 million
Net Margins: 8.95%
Pretax Margin: 9.73%
Return on Equity: 6.53%
Return on Assets: 4.07%

Debt

Debt-to-Equity Ratio: 0.06
Current Ratio: 2.94
Quick Ratio: 1.37

Sales & Book Value

Annual Sales: $256.36 million
Price / Sales: 0.29
Cash Flow: $2.07 per share
Price / Cash Flow: 4.81
Book Value: $17.42 per share
Price / Book: 0.57

Miscellaneous

Outstanding Shares: 7,484,000
Free Float: 6,960,000
Market Cap: $74.62 million
Optionable: Not Optionable
Beta: 0.41

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Key Executives

Mr. Douglas A. Starrett (Age 71)
Chairman of the Board, President & CEO
Comp: $563.63k
Mr. John C. Tripp (Age 61)
CFO & Treasurer
Comp: $373.64k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SCX Stock Analysis - Frequently Asked Questions

How have SCX shares performed in 2023?: L.S. Starrett's stock was trading at $7.36 at the beginning of 2023. Since then, SCX stock has increased by 35.6% and is now trading at $9.98.
View the best growth stocks for 2023 here.
Are investors shorting L.S. Starrett?: L.S. Starrett saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 7,000 shares, an increase of 22.8% from the October 31st total of 5,700 shares. Based on an average daily trading volume, of 18,800 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company's stock are short sold.
View L.S. Starrett's Short Interest.
When is L.S. Starrett's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, February 5th 2024.
View our SCX earnings forecast.
How were L.S. Starrett's earnings last quarter?: The L.S. Starrett Company (NYSE:SCX) announced its quarterly earnings data on Monday, November, 13th. The company reported $0.25 EPS for the quarter. The business had revenue of $60.64 million for the quarter. L.S. Starrett had a net margin of 8.95% and a trailing twelve-month return on equity of 6.53%.
Is L.S. Starrett a good dividend stock?: L.S. Starrett (NYSE:SCX) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 13.16%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SCX.

What is Douglas A. Starrett's approval rating as L.S. Starrett's CEO?: 5 employees have rated L.S. Starrett Chief Executive Officer Douglas A. Starrett on Glassdoor.com. Douglas A. Starrett has an approval rating of 28% among the company's employees. This puts Douglas A. Starrett in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of L.S. Starrett own?: Based on aggregate information from My MarketBeat watchlists, some companies that other L.S. Starrett investors own include Marathon Petroleum (MPC), AT&T (T), Blackrock Resources & Commodities Strategy Trust (BCX), BlackRock Enhanced International Dividend Trust (BGY), British American Tobacco (BTI), Dominion Energy (D), Enbridge (ENB), Enterprise Products Partners (EPD), Energy Transfer (ET) and Gilead Sciences (GILD).
Who are L.S. Starrett's major shareholders?: L.S. Starrett's stock is owned by many different institutional and retail investors. Top institutional investors include Royal Bank of Canada (0.39%) and O Shaughnessy Asset Management LLC (0.34%). Insiders that own company stock include Christian Arntsen, David T Allen, Douglas A Starrett, Emerson Leme and John C Tripp.
View institutional ownership trends.
How do I buy shares of L.S. Starrett?: Shares of SCX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:SCX) was last updated on 12/8/2023 by MarketBeat.com Staff

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