Strattec Security Corp (STRT) Files 10-K for the Fiscal Year Ended on June 30, 2018

Strattec Security Corp (STRT, Financial) files its latest 10-K with SEC for the fiscal year ended on June 30, 2018. Strattec Security Corp designs, develops, manufactures and markets mechanical locks, electronically enhanced locks and keys. It also produces ignition lock housings; access control products, including latches, power sliding door systems,and door handles. Strattec Security Corp has a market cap of $128.343 million; its shares were traded at around $34.65 with a P/E ratio of 10.44 and P/S ratio of 0.31. The dividend yield of Strattec Security Corp stocks is 1.62%.

For the last quarter Strattec Security Corp reported a revenue of $116.7 million, compared with the revenue of $108.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $439.2 million, an increase of 5.2% from last year. For the last five years Strattec Security Corp had an average revenue growth rate of 7.3% a year.

The reported diluted earnings per share was $3.32 for the year, an increase of 69.4% from previous year. Over the last five years Strattec Security Corp had an average EPS decline of 6.6% a year. The Strattec Security Corp had an operating margin of 3.02%, compared with the operating margin of 3.28% a year before. The 10-year historical median operating margin of Strattec Security Corp is 4.28%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Strattec Security Corp has the cash and cash equivalents of $8.09 million, compared with $8.36 million in the previous year. The long term debt was $51.0 million, compared with $30.0 million in the previous year. The interest coverage to the debt is at a comfortable level of 11.7. Strattec Security Corp has a financial strength rank of 6 (out of 10).

At the current stock price of $34.65, Strattec Security Corp is traded at 25.1% discount to its historical median P/S valuation band of $46.26. The P/S ratio of the stock is 0.31, while the historical median P/S ratio is 0.39. The stock lost 9.37% during the past 12 months.

CFO Recent Trades:

  • SVP and CFO Patrick J Hansen sold 1,500 shares of STRT stock on 08/30/2018 at the average price of $35. The price of the stock has decreased by 1% since.
  • Senior VP and CFO Patrick J Hansen sold 1,000 shares of STRT stock on 08/24/2018 at the average price of $35.28. The price of the stock has decreased by 1.79% since.

For the complete 20-year historical financial data of STRT, click here.