Strattec Security Stock Today
| STRT Stock | USD 22.45 0.03 0.13% |
Performance0 of 100
| Odds Of DistressLess than 12
|
Strattec Security is selling for under 22.45 as of the 19th of April 2024; that is -0.13 percent down since the beginning of the trading day. The stock's last reported lowest price was 21.95. Strattec Security has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Strattec Security are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Automobiles & Components | IPO Date 24th of May 1995 | Category Consumer Cyclical | Classification Consumer Discretionary |
Strattec Security Corporation designs, develops, manufactures, and markets automotive access control products under the VAST Automotive Group brand primarily in North America. Strattec Security Corporation was founded in 1908 and is headquartered in Milwaukee, Wisconsin. The company has 4.07 M outstanding shares of which 3.69 K shares are at this time shorted by private and institutional investors with about 0.52 trading days to cover. More on Strattec Security
Moving against Strattec Stock
| 0.55 | DIBS | 1StdibsCom Financial Report 8th of May 2024 | PairCorr |
| 0.41 | W | Wayfair Financial Report 2nd of May 2024 | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 25th of April 2024
Strattec Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Strattec Security's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Strattec Security or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Frank Krejci | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Automotive Parts & Equipment, Automobiles & Components, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Consumer Discretionary, Automobile Components, Auto Parts, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Strattec Security report their recommendations after researching Strattec Security's financial statements, talking to executives and customers, or listening in on Strattec Security's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Strattec Security. The Strattec consensus assessment is calculated by taking the average forecast from all of the analysts covering Strattec Security. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key measurements obtained from Strattec Security's financial statements, Strattec Security is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Strattec Security is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Strattec Security's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Strattec Security's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Strattec Security's financial leverage. It provides some insight into what part of Strattec Security's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Strattec Security (STRT) is traded on NASDAQ Exchange in USA. It is located in 3333 West Good Hope Road, Milwaukee, WI, United States, 53209 and employs 3,361 people. Strattec Security is listed under Automotive Parts & Equipment category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 93.19 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Strattec Security's market, we take the total number of its shares issued and multiply it by Strattec Security's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Strattec Security conducts business under Automobile Components sector and is part of Consumer Discretionary industry. The entity has 4.07 M outstanding shares of which 3.69 K shares are at this time shorted by private and institutional investors with about 0.52 trading days to cover.
Strattec Security currently holds about 8.77 M in cash with 10.1 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.21.
Check Strattec Security Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Strattec Security is $93.19 Million. The majority of Strattec Security outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Strattec Security to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Strattec Security. Please pay attention to any change in the institutional holdings of Strattec Security as this could imply that something significant has changed or is about to change at the company. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Strattec Ownership Details
Strattec Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Strattec Security jumping above the current price in 90 days from now is about 91.19%. The Strattec Security probability density function shows the probability of Strattec Security stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.011. This usually implies Strattec Security market returns are related to returns on the market. As the market goes up or down, Strattec Security is expected to follow. Additionally, strattec Security has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Strattec Security to move above the current price in 90 days from now is about 91.19 (This Strattec Security probability density function shows the probability of Strattec Stock to fall within a particular range of prices over 90 days) .
Strattec Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Strattec Security that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Strattec Security's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Strattec Security's value.| Instituion | Recorded On | Shares | |
| Acadian Asset Management Llc | 2023-12-31 | 33.2 K | |
| Bridgeway Capital Management, Llc | 2023-12-31 | 30.6 K | |
| Northern Trust Corp | 2023-12-31 | 15.2 K | |
| State Street Corporation | 2023-12-31 | 13.7 K | |
| Rbf Llc | 2023-12-31 | 10 K | |
| Citadel Advisors Llc | 2023-09-30 | 9.9 K | |
| Baird Financial Group, Inc. | 2023-12-31 | 8.8 K | |
| Royal Bank Of Canada | 2023-12-31 | 7.5 K | |
| Perritt Capital Management Inc. | 2023-12-31 | 6.9 K | |
| Gamco Investors, Inc. Et Al | 2023-12-31 | 732.9 K | |
| Gate City Capital Management, Llc | 2023-12-31 | 405.3 K |
Strattec Security Historical Income Statement
Strattec Security Income Statement is one of the three primary financial statements used for reporting Strattec's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Strattec Security revenue and expense. Strattec Security Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Strattec Security's Gross Profit is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 544.3 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 287.5 M in 2024. View More FundamentalsStrattec Stock Against Markets
Picking the right benchmark for Strattec Security stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Strattec Security stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Strattec Security is critical whether you are bullish or bearish towards Strattec Security at a given time. Please also check how Strattec Security's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Strattec Security without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Pair Correlation Now
Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments |
| All Next | Launch Module |
Strattec Security Corporate Executives
Elected by the shareholders, the Strattec Security's board of directors comprises two types of representatives: Strattec Security inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Strattec. The board's role is to monitor Strattec Security's management team and ensure that shareholders' interests are well served. Strattec Security's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Strattec Security's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Patrick Hansen | CFO, Principal Accounting Officer, Sr. VP, Treasurer and Secretary | Profile |
How to buy Strattec Stock?
Before investing in Strattec Security, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Strattec Security. To buy Strattec Security stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Strattec Security. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Strattec Security stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Strattec Security stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Strattec Security stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Strattec Security, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Strattec Stock please use our How to Invest in Strattec Security guide.
Already Invested in Strattec Security?
The danger of trading Strattec Security is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Strattec Security is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Strattec Security. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Strattec Security is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Strattec Security is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Strattec Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Strattec Security Stock. Highlighted below are key reports to facilitate an investment decision about Strattec Security Stock: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Strattec Security. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more information on how to buy Strattec Stock please use our How to Invest in Strattec Security guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Strattec Stock analysis
When running Strattec Security's price analysis, check to measure Strattec Security's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Strattec Security is operating at the current time. Most of Strattec Security's value examination focuses on studying past and present price action to predict the probability of Strattec Security's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strattec Security's price. Additionally, you may evaluate how the addition of Strattec Security to your portfolios can decrease your overall portfolio volatility.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
Is Strattec Security's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Strattec Security. If investors know Strattec will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Strattec Security listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 34 | Earnings Share 0.04 | Revenue Per Share 130.108 | Quarterly Revenue Growth 0.047 | Return On Assets 0.0083 |
The market value of Strattec Security is measured differently than its book value, which is the value of Strattec that is recorded on the company's balance sheet. Investors also form their own opinion of Strattec Security's value that differs from its market value or its book value, called intrinsic value, which is Strattec Security's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Strattec Security's market value can be influenced by many factors that don't directly affect Strattec Security's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Strattec Security's value and its price as these two are different measures arrived at by different means. Investors typically determine if Strattec Security is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Strattec Security's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.