News headlines about Strattec Security (NASDAQ:STRT) have trended somewhat positive on Wednesday, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Strattec Security earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the auto parts company an impact score of 44.0661683745254 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Separately, ValuEngine raised Strattec Security from a “buy” rating to a “strong-buy” rating in a report on Monday, October 2nd.
Strattec Security (STRT) traded down $0.05 during midday trading on Wednesday, hitting $40.45. The stock had a trading volume of 11,500 shares, compared to its average volume of 18,981. The firm has a market cap of $148.69, a PE ratio of 18.33 and a beta of 1.68. Strattec Security has a one year low of $23.00 and a one year high of $49.20. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.02 and a quick ratio of 1.43.
Strattec Security (NASDAQ:STRT) last released its earnings results on Thursday, October 26th. The auto parts company reported $0.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.12. The company had revenue of $102.46 million during the quarter. Strattec Security had a return on equity of 4.86% and a net margin of 1.93%.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be given a $0.14 dividend. The ex-dividend date is Thursday, December 14th. This represents a $0.56 annualized dividend and a dividend yield of 1.38%. Strattec Security’s dividend payout ratio is currently 25.34%.
In other Strattec Security news, insider Patrick J. Hansen sold 2,900 shares of Strattec Security stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $45.49, for a total transaction of $131,921.00. Following the transaction, the insider now directly owns 11,950 shares in the company, valued at $543,605.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Patrick J. Hansen sold 1,000 shares of Strattec Security stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $45.65, for a total value of $45,650.00. The disclosure for this sale can be found here. Insiders sold a total of 9,100 shares of company stock worth $414,899 over the last 90 days. 7.10% of the stock is owned by corporate insiders.
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Strattec Security Company Profile
Strattec Security Corporation designs, develops, manufactures and markets automotive access control products. The Company offers access control products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related products for North American automotive customers.
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