Sidoti Csr Forecasts Weaker Earnings for Strattec Security

Strattec Security Corporation (NASDAQ:STRT) – Sidoti Csr cut their Q1 2027 EPS estimates for Strattec Security in a research note issued to investors on Monday, August 18th. Sidoti Csr analyst J. Franzreb now expects that the auto parts company will post earnings of $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.

Separately, Wall Street Zen upgraded shares of Strattec Security from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 16th.

Strattec Security Stock Down 3.2%

STRT stock opened at $65.81 on Tuesday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.33 and a quick ratio of 1.72. Strattec Security has a 1-year low of $31.57 and a 1-year high of $83.00. The firm has a fifty day moving average price of $64.93 and a two-hundred day moving average price of $51.05. The firm has a market cap of $274.43 million, a price-to-earnings ratio of 14.40, a PEG ratio of 1.60 and a beta of 1.30.

Strattec Security (NASDAQ:STRT) last released its earnings results on Thursday, August 14th. The auto parts company reported $2.06 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.99. Strattec Security had a net margin of 3.31% and a return on equity of 9.11%. The firm had revenue of $152.01 million during the quarter, compared to analyst estimates of $143.51 million.

Hedge Funds Weigh In On Strattec Security

Several institutional investors have recently modified their holdings of the company. Ameritas Investment Partners Inc. bought a new position in shares of Strattec Security during the second quarter worth about $25,000. Empowered Funds LLC grew its position in shares of Strattec Security by 3.3% during the first quarter. Empowered Funds LLC now owns 17,221 shares of the auto parts company’s stock worth $680,000 after acquiring an additional 555 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. grew its position in shares of Strattec Security by 57.1% during the fourth quarter. Point72 Asia Singapore Pte. Ltd. now owns 1,715 shares of the auto parts company’s stock worth $71,000 after acquiring an additional 623 shares during the last quarter. Dynamic Technology Lab Private Ltd grew its position in shares of Strattec Security by 10.6% during the second quarter. Dynamic Technology Lab Private Ltd now owns 8,180 shares of the auto parts company’s stock worth $509,000 after acquiring an additional 787 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey bought a new position in shares of Strattec Security during the second quarter worth about $50,000. Institutional investors own 68.91% of the company’s stock.

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.