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The L.S. Starrett Company (SCX)

NYSE - NYSE Delayed Price. Currency in USD
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6.11-0.02 (-0.40%)
At close: 3:41PM EDT
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  • l
    larry
    I've added more over the last month..I'm expecting a solid quarter (25 cent range, ) and a good outlook..hope I'm right as I have a lot of shares
    Bullish
  • J
    Joe
    Looks to me like there is still very little notice or interest from other retail investors. I'm guessing that this might start showing up on a few more stock screens if a couple more solid quarters of EPS figures are reported.
  • J
    Joe
    @larry I was looking at SBD the other day. It looks to trade at around a 20:1 P/E ratio. If SCX can maintain quarterly EPS figures of even 75 percent of the figures that have been shown in the filings of the last 2 quarters, and manage to trade in the future at a more modest 14:1 P/E ratio, where does this scenario take the price target to? Just my random thoughts and opinions.
  • G
    Green
    Stock up today on a Seeking Alpha article.
  • l
    larry
    Joe I took a significant position in this company over the last 6 months I believe the worst is behind them and as the world reopens the industrial stock should do very well With a book value of 650 to $7 a share I believe we are protected on the downside. Earnings will be out in a few days and with any luck I am hoping for 15 to 20 cents per share for the quarter. I think this stock doubles over the next 6 to 9 months Time will tell
  • J
    Joe
    I just took a position in this recently. Any takes on recent happenings with this company or its valuation? It looks like the last post in here was almost 6 months ago. To me it looks like it may be substantially undervalued.
  • l
    larry
    I meant to say a few days...sorry
  • W
    William
    Board of directors eliminate the dividend. At the cost of 1/3 of stock price. Not a smart move.
  • H
    Harry
    Anyone still here? Recent action is puzzling. Blockbuster earnings the past 2 quarters...yet the stock keeps sliding lower & lower. With those earnings and such a strong balance sheet, SCX would be cheap at $10
  • o
    ooort
    Present shareholders should accumulate more.
  • o
    ooort
    Sales are increasing. Now is the time to accumulate.
  • d
    dbn_4
    Anyone know when these guys are going to report their numbers?
  • H
    Harry
    Anyone still here? Tough to watch SCX sink to a new 52-week low while the broader markets are near all-time highs. SCX is crazy cheap with that strong balance sheet and the potential to earn close to $1/share per year. But nobody cares. Management doesn't feel the need to put out press releases. Why are they even public?? Wish we could get an activist investor involved here to light a fire under management. There's plenty of shareholder value to unlock. Hopefully they'll just sell the company in 2020 at a decent premium and be done with it.
  • d
    dbn_4
    At what point does this company figure out that in order to grow they must be acquired?
  • Y
    Yahoo Finance Insights
    L S Starrett reached a 52 Week high at 5.65
  • H
    Harry
    What's up? Stock has jumped from high $4's to high $6's in a week on no news. Maybe a buyout?
  • E
    Econobot
    bought a little (CF is fine, no debt issue) not really a panic-op (div cut response), great old name in Measurement!! gotta be worth 8-9-10-12??, on their own or some BO, great name!
  • J
    James D
    Volume is unusually high. It looks like accumulation for an upside breakout.
  • b
    bob
    Just bought SCX @$3.20. The insiders have been buying shares for a good while now and this company appears to be way under valued. Olivia, thanks for your post.
    Bullish
  • o
    ooort
    Are sales still increasing? Are enough new employees being hired?