Media coverage about Strattec Security (NASDAQ:STRT) has trended somewhat positive recently, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Strattec Security earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned news articles about the auto parts company an impact score of 44.9509509366915 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Strattec Security (NASDAQ STRT) traded up $0.75 during trading on Thursday, hitting $41.20. The company had a trading volume of 12,800 shares, compared to its average volume of 18,955. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.02 and a quick ratio of 1.43. The company has a market cap of $148.50, a P/E ratio of 18.30 and a beta of 1.68. Strattec Security has a 1-year low of $23.00 and a 1-year high of $49.20.
Strattec Security (NASDAQ:STRT) last issued its quarterly earnings data on Thursday, October 26th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.55 by $0.12. Strattec Security had a return on equity of 4.86% and a net margin of 1.93%. The firm had revenue of $102.46 million during the quarter.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders 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 yield of 1.36%. Strattec Security’s payout ratio is 25.34%.
Separately, ValuEngine upgraded Strattec Security from a “buy” rating to a “strong-buy” rating in a research report on Monday, October 2nd.
In other Strattec Security news, CFO Patrick J. Hansen sold 2,000 shares of Strattec Security stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $45.00, for a total value of $90,000.00. Following the completion of the transaction, the chief financial officer now owns 11,950 shares in the company, valued at approximately $537,750. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Richard P. Messina sold 3,200 shares of Strattec Security stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $46.04, for a total value of $147,328.00. Following the completion of the transaction, the vice president now owns 4,840 shares of the company’s stock, valued at approximately $222,833.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,100 shares of company stock valued at $414,899. Corporate insiders own 7.10% of the company’s stock.
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About Strattec Security
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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