Somewhat Positive News Coverage Somewhat Unlikely to Affect Strattec Security Corporation (STRT) Stock Price

News headlines about Strattec Security Corporation (NASDAQ:STRT) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Strattec Security Corporation earned a daily sentiment score of 0.03 on Accern’s scale. Accern also gave headlines about the auto parts company an impact score of 48.03607917524 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Strattec Security Corporation (NASDAQ:STRT) traded up 4.45% on Friday, reaching $31.70. 12,624 shares of the company’s stock were exchanged. Strattec Security Corporation has a 52-week low of $23.00 and a 52-week high of $44.83. The firm’s 50 day moving average price is $34.96 and its 200 day moving average price is $31.85. The company has a market cap of $113.93 million, a PE ratio of 16.17 and a beta of 1.51.

Strattec Security Corporation (NASDAQ:STRT) last posted its quarterly earnings data on Thursday, August 10th. The auto parts company reported $0.48 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.60 by $0.12. Strattec Security Corporation had a net margin of 1.72% and a return on equity of 4.53%. The company had revenue of $108.43 million for the quarter. On average, analysts expect that Strattec Security Corporation will post $2.08 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be issued a $0.14 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.56 annualized dividend and a yield of 1.77%. Strattec Security Corporation’s dividend payout ratio (DPR) is presently 28.57%.

In related news, VP Patrick J. Hansen sold 2,500 shares of the stock in a transaction that occurred on Tuesday, May 30th. The shares were sold at an average price of $35.01, for a total value of $87,525.00. Following the transaction, the vice president now owns 11,561 shares in the company, valued at approximately $404,750.61. The sale was disclosed in a filing with the SEC, which is available through this link. 6.80% of the stock is currently owned by corporate insiders.

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Strattec Security Corporation Company Profile

Strattec Security Corporation designs, develops, manufactures and markets automotive access control products. The Company offers access control products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related products for North American automotive customers.