|Bid||31.69 x 900|
|Ask||33.31 x 800|
|Day's Range||32.00 - 33.48|
|52 Week Range||28.33 - 45.21|
|Beta (5Y Monthly)||0.89|
|PE Ratio (TTM)||17.96|
|Earnings Date||Oct 27, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 12, 2020|
|1y Target Est||48.00|
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With major customer General Motors forecasting increased pickup truck shipments and Ford anticipating sales increases, Glendale-based Tier 1 automotive supplier Strattec Security Corp.’s president and CEO is encouraged by the first month of the company’s new fiscal year.
Strattec Security (STRT) delivered earnings and revenue surprises of -87.65% and 5.77%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
MILWAUKEE, Wis., Aug. 11, 2022 (GLOBE NEWSWIRE) -- STRATTEC SECURITY CORPORATION (NASDAQ:STRT) today reported operating results for the fiscal fourth quarter and full year ended July 3, 2022. The comparative current year fourth quarter operating results were negatively impacted by higher costs for raw materials and purchased components in our manufacturing operations, reductions in output at some of our OEM customers’ assembly plants and the COVID-19 virus that temporarily shut down our VAST Chi