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STRT / Strattec: Transformational Deal, Activist Involvement Unlocking Hidden Value

Strattec: Transformational Deal, Activist Involvement Unlocking Hidden Value
Strattec Security Corporation is seen as a compelling investment opportunity due to the recent sale of its 1/3rd interest in VAST LLC, activist investor involvement, and securing new contracts with original equipment manufacturers. Strattec's strong balance sheet, low debt, and significant owned asset base, along with a compelling valuation, make it well-positioned to navigate a challenging environment. Despite recent challenges due to inflationary supply chain constraints and fixed-price contracts, Strattec is expected to rebound with improved margins, higher volumes, and lower costs. Read More
Posted: Jul 31 2023, 00:25
Author Name: Seeking Alpha
Views: 112550

STRT News  

Strattec Security (STRT) Q1 Earnings and Revenues Beat Estimates

By Zacks Investment Research
October 26, 2023

Strattec Security (STRT) Q1 Earnings and Revenues Beat Estimates

Strattec Security (STRT) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of a loss of $0.25 per share. This more_horizontal

Strattec Security (STRT) Q4 Earnings and Revenues Surpass Estimates

By Zacks Investment Research
August 10, 2023

Strattec Security (STRT) Q4 Earnings and Revenues Surpass Estimates

Strattec Security (STRT) came out with quarterly earnings of $0.50 per share, beating the Zacks Consensus Estimate of a loss of $0.20 per share. This more_horizontal

Strattec: Transformational Deal, Activist Involvement Unlocking Hidden Value

By Seeking Alpha
July 31, 2023

Strattec: Transformational Deal, Activist Involvement Unlocking Hidden Value

Strattec Security Corporation is seen as a compelling investment opportunity due to the recent sale of its 1/3rd interest in VAST LLC, activist invest more_horizontal

Strattec Security (STRT) Reports Q3 Loss, Tops Revenue Estimates

By Zacks Investment Research
April 27, 2023

Strattec Security (STRT) Reports Q3 Loss, Tops Revenue Estimates

Strattec Security (STRT) came out with a quarterly loss of $0.57 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to ea more_horizontal

Strattec Security: Balance Sheet Strength An Advantage Amid Current And Potential Headwinds

By Seeking Alpha
April 7, 2023

Strattec Security: Balance Sheet Strength An Advantage Amid Current And Potential Headwinds

Net sales are expected to recover by 2024. Profit margins are depressed as a result of inflationary pressures. more_horizontal

Strattec Security (STRT) Reports Q2 Loss, Lags Revenue Estimates

By Zacks Investment Research
February 2, 2023

Strattec Security (STRT) Reports Q2 Loss, Lags Revenue Estimates

Strattec Security (STRT) delivered earnings and revenue surprises of -1,040% and 6.45%, respectively, for the quarter ended December 2022. Do the numb more_horizontal

Strattec Security (STRT) Q3 Earnings and Revenues Miss Estimates

By Zacks Investment Research
April 21, 2022

Strattec Security (STRT) Q3 Earnings and Revenues Miss Estimates

Strattec Security (STRT) delivered earnings and revenue surprises of -6.98% and 0.57%, respectively, for the quarter ended March 2022. Do the numbers more_horizontal

Strattec Security (STRT) Q2 Earnings and Revenues Surpass Estimates

By Zacks Investment Research
January 27, 2022

Strattec Security (STRT) Q2 Earnings and Revenues Surpass Estimates

Strattec Security (STRT) delivered earnings and revenue surprises of 50% and 0.56%, respectively, for the quarter ended December 2021. Do the numbers more_horizontal


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