Strattec Security (STRT) Projected to Post Earnings on Thursday

Strattec Security (NASDAQ:STRT) is expected to release its earnings data after the market closes on Thursday, February 6th. Analysts expect Strattec Security to post earnings of $0.28 per share and revenue of $125.16 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Strattec Security (NASDAQ:STRT) last released its quarterly earnings data on Monday, November 4th. The auto parts company reported $0.92 EPS for the quarter, beating the consensus estimate of $0.56 by $0.36. Strattec Security had a return on equity of 7.12% and a net margin of 2.93%. The company had revenue of $139.05 million for the quarter, compared to analysts’ expectations of $139.32 million. During the same period last year, the firm posted $1.05 earnings per share. On average, analysts expect Strattec Security to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Strattec Security Trading Up 0.3 %

Strattec Security stock opened at $38.51 on Thursday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.18 and a quick ratio of 1.48. Strattec Security has a one year low of $21.05 and a one year high of $44.26. The stock has a market capitalization of $157.89 million, a PE ratio of 9.77, a price-to-earnings-growth ratio of 1.44 and a beta of 1.16. The business’s fifty day moving average is $40.80 and its 200 day moving average is $37.25.

Analysts Set New Price Targets

Separately, StockNews.com raised Strattec Security from a “hold” rating to a “buy” rating in a research report on Thursday, November 14th.

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.