Q3 EPS Estimate for Strattec Security Lowered by Analyst

Strattec Security Corporation (NASDAQ:STRT) – Equities research analysts at Sidoti Csr cut their Q3 2027 earnings estimates for shares of Strattec Security in a note issued to investors on Monday, February 9th. Sidoti Csr analyst J. Franzreb now expects that the auto parts company will earn $1.77 per share for the quarter, down from their previous forecast of $1.82. 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 FY2027 earnings at $6.27 EPS.

Strattec Security (NASDAQ:STRT) last released its quarterly earnings results on Thursday, February 5th. The auto parts company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.93 by $0.78. Strattec Security had a net margin of 4.63% and a return on equity of 12.33%. The company had revenue of $137.53 million for the quarter, compared to analyst estimates of $132.29 million.

STRT has been the subject of several other reports. Zacks Research lowered Strattec Security from a “strong-buy” rating to a “hold” rating in a report on Friday, January 2nd. Weiss Ratings reissued a “buy (b)” rating on shares of Strattec Security in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Strattec Security Stock Performance

NASDAQ:STRT opened at $85.96 on Tuesday. Strattec Security has a 52 week low of $31.57 and a 52 week high of $92.50. The firm has a 50-day moving average price of $80.46 and a two-hundred day moving average price of $72.52. The firm has a market cap of $359.31 million, a price-to-earnings ratio of 13.02, a price-to-earnings-growth ratio of 1.67 and a beta of 1.19.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. New York State Teachers Retirement System purchased a new stake in Strattec Security in the 4th quarter worth about $27,000. Ameritas Investment Partners Inc. bought a new position in Strattec Security during the second quarter worth about $25,000. State of Alaska Department of Revenue bought a new position in Strattec Security during the fourth quarter worth about $58,000. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Strattec Security in the second quarter worth about $50,000. Finally, Raymond James Financial Inc. bought a new stake in shares of Strattec Security in the second quarter valued at approximately $92,000. Hedge funds and other institutional investors own 68.91% of the company’s stock.

Insider Buying and Selling

In other Strattec Security news, VP Richard P. Messina sold 3,000 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $66.35, for a total transaction of $199,050.00. Following the completion of the transaction, the vice president directly owned 11,624 shares of the company’s stock, valued at approximately $771,252.40. This represents a 20.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.90% of the company’s stock.

About Strattec Security

Strattec Security Corporation is a Wisconsin‐based designer and manufacturer of mechanical and electronic locking systems for the global automotive market. Established more than five decades ago, the company supplies original equipment manufacturers (OEMs) and the aftermarket with a broad portfolio of lock and key solutions tailored to passenger cars, light trucks and commercial vehicles.

The company’s product range includes mechanical locking systems such as door lock cylinders, ignition lock modules, key blanks and door handles, as well as electromechanical and keyless‐entry systems.