Alert: New Earnings Report (11/4/24)-Strattec Security Corp (NASDAQ: STRT).

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Strattec Security Corp (NASDAQ: STRT) has reported E.P.S. of $0.92 for its first fiscal quarter (ending September 30) versus $1.05 for the same period a year ago — a decline of -12%. For the latest four quarters through September 30, E.P.S. were $3.97 compared to $-0.68 a year ago — a decline of -684%.

Recent Price Action

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Strattec Security Corp (NASDAQ: STRT) stock increased 1.4% on 11/4/24. The shares closed at $37.03. Moreover, above average trading volume at 123% of normal accompanied the advance. The stock has declined -5.4% during the last week but has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, STRT is expected to continue to be Value Creation neutral.

Strattec Security has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Strattec Security has a neutral Appreciation Score of 53 but a very high Power Rating of 88, leading to the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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