Strattec Security (NASDAQ:STRT) Releases Quarterly Earnings Results

Strattec Security (NASDAQ:STRT) released its quarterly earnings data on Thursday. The auto parts company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.28 by $0.37, Zacks reports. Strattec Security had a net margin of 2.93% and a return on equity of 7.12%.

Strattec Security Stock Performance

Shares of STRT stock traded up $1.83 on Thursday, hitting $38.25. The company’s stock had a trading volume of 27,484 shares, compared to its average volume of 15,608. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.48 and a current ratio of 2.18. The stock’s 50 day moving average is $40.35 and its 200-day moving average is $37.69. Strattec Security has a fifty-two week low of $21.05 and a fifty-two week high of $44.26. The company has a market capitalization of $156.86 million, a PE ratio of 9.71, a PEG ratio of 1.36 and a beta of 1.15.

Wall Street Analyst Weigh In

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

Strattec Security Company Profile

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.