Strattec Is Reaching A Peak Cycle, And Has Become A Risky Stock; Still A Hold [Seeking Alpha]
STRATTEC SECURITY CORPORATION (STRT)
Last strattec security corporation earnings: 4/23 04:00 pm
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US:NASDAQ Investor Relations:
strattec.com/investors
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Source: Seeking Alpha
Play 6min Summary Strattec Security's shares surged due to higher net income driven by price adjustments and one-time charges, but these gains are temporary. Despite explosive profit growth in 4Q24 and FY24, much of it is due to non-recurring factors like price adjustments and cost reversals. Strattec's long-term trend shows declining margins and profitability, making current stock prices unattractive despite market excitement. Given the cyclical nature of margins and external factors like exchange rates, I maintain a Hold rating on Strattec. John Scott/DigitalVision via Getty Images Strattec Security Corporation ( NASDAQ: STRT ) shares almost doubled after the company released its 4Q24 results. The driver behind the move is much higher net income than last year, which in turn was fueled by price adjustments This article was written by Quipus Capital 1.29K Follower s Follow Long-only investment, evaluating companies from an operational, buy-and-hold perspect
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News
- STRT or RACE: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Strattec Security Co. (NASDAQ: STRT) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- STRATTEC SECURITY CORPORATION Appoints Matthew Pauli as Chief Financial Officer Effective November 13, 2024Business Wire
- Strattec Security Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- Strattec Security Co. (NASDAQ: STRT) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
STRT
Earnings
- 11/4/24 - Beat
STRT
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 144
- 11/14/24 - Form 3
- STRT's page on the SEC website