STRATTEC(STRT)

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STRATTEC(STRT) - 2025 Q1 - Quarterly Results
2024-11-04 21:15
News Release Three Months Ended Change 3333 West Good Hope Rd. • Milwaukee, Wisconsin 53209 IMMEDIATE RELEASE STRATTEC SECURITY CORPORATION Reports Fiscal 2025 First Quarter Financial Results • Generated cash from operations of $11.3 million • Reduced pre-production costs, primarily customer tooling, by $6.9 million • Grew revenue 2.7% year-over-year, reflecting ongoing pricing benefit and higher overall sales • Achieved gross margin of 13.6% versus 13.8% in prior-year period (which included a 470 bps net b ...
Is Strattec Security (STRT) Stock Undervalued Right Now?
ZACKS· 2024-10-17 14:45
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they be ...
STRT vs. RACE: Which Stock Is the Better Value Option?
ZACKS· 2024-10-02 16:46
Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Strattec Security (STRT) and Ferrari (RACE) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank favors stocks with strong ...
Should Value Investors Buy Strattec Security (STRT) Stock?
ZACKS· 2024-09-25 14:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation ...
Strattec Security Corporation (STRT) Hit a 52 Week High, Can the Run Continue?
ZACKS· 2024-09-25 14:16
Have you been paying attention to shares of Strattec Security (STRT) ? Shares have been on the move with the stock up 3% over the past month. The stock hit a new 52-week high of $39.89 in the previous session. Strattec Security has gained 54.3% since the start of the year compared to the -3.8% move for the Zacks AutoTires-Trucks sector and the -24% return for the Zacks Automotive - Original Equipment industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as ...
STRT or RACE: Which Is the Better Value Stock Right Now?
ZACKS· 2024-09-16 16:46
Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Strattec Security (STRT) and Ferrari (RACE) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targ ...
Are Investors Undervaluing Strattec Security (STRT) Right Now?
ZACKS· 2024-09-09 14:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors rely on traditional forms of analysis on key valuat ...
STRATTEC(STRT) - 2024 Q4 - Annual Report
2024-09-05 21:21
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended June 30, 2024. ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number 0-25150 STRATTEC SECURITY CORPORATION (Exact name of registrant as specified in its charter) Wisconsin 39-1804239 (State of Incorporation) (I.R.S. Employer Identification No.) 3333 West Go ...
Here's Why Strattec Security (STRT) Could be Great Choice for a Bottom Fisher
ZACKS· 2024-09-02 14:55
Core Viewpoint - Strattec Security (STRT) has shown a downtrend recently, losing 7.6% over the past week, but a hammer chart pattern suggests a potential trend reversal due to increased buying interest and optimism among analysts regarding future earnings [1] Group 1: Technical Analysis - The formation of a hammer chart pattern indicates a possible bottoming out, suggesting that selling pressure may be exhausting [1] - A hammer pattern occurs when a stock opens lower, makes a new low, but then closes near its opening price, signaling a potential loss of control by bears [2] - Hammer candles can appear on various timeframes and should be used alongside other bullish indicators for confirmation [2] Group 2: Fundamental Analysis - Recent upward revisions in earnings estimates for STRT serve as a bullish indicator, with the consensus EPS estimate increasing by 34.7% over the last 30 days [3] - STRT holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks, indicating strong potential for outperformance [3] - The Zacks Rank is a reliable timing indicator for identifying improvements in a company's prospects, further supporting the case for a trend reversal for STRT [3]
Strattec Security (STRT) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2024-08-08 22:20
Strattec Security (STRT) came out with quarterly earnings of $2.39 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 528.95%. A quarter ago, it was expected that this maker of automotive locks and keys would post earnings of $0.10 per share when it actually produced earnings of $0.37, delivering a surprise of 270%. Over the la ...