Strattec Security Corp Reaches New 12-Month High at $48.90 (STRT)
Strattec Security Corp (NASDAQ:STRT) set a new 52-week high during trading hours on Wednesday, Analyst Ratings Net reports. The company traded as high as $48.90 and last traded at $48.39, with a volume of 20,815 shares. The stock had previously closed at $47.05.
A number of research firms have recently commented on STRT. Analysts at Zacks upgraded shares of Strattec Security Corp from an “underperform” rating to a “neutral” rating in a research note to investors on Wednesday, December 25th. They now have a $46.30 price target on the stock. Finally, analysts at Robert W. Baird raised their price target on shares of Strattec Security Corp from $40.00 to $42.00 in a research note to investors on Friday, October 25th. They now have a “neutral” rating on the stock.
Strattec Security Corp has a 52-week low of $26.15 and a 52-week high of $48.90. The stock’s 50-day moving average is $44.22 and its 200-day moving average is $41.11. The company has a market cap of $167.1 million and a price-to-earnings ratio of 16.48.
Strattec Security Corp (NASDAQ:STRT) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.91 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.89 by $0.02. During the same quarter in the prior year, the company posted $0.78 earnings per share. Analysts expect that Strattec Security Corp will post $3.79 EPS for the current fiscal year.
STRATTEC SECURITY CORPORATION designs, develops, manufactures and markets automotive security products including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings; and access control products including latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related access control products for North American automotive customers.
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