Strattec Security Corporation (STRT)
Strattec Security Corporation operates in the Auto - Parts industry of the Consumer Cyclical sector, headquartered in Milwaukee, WI, US. The stock last traded at $81.35, down 2.54% on the session, giving a market capitalisation of $339.9M. On trailing twelve-month figures it carries a trailing P/E of 13.23, a net margin of 4.3%. Its beta of 1.21 implies it has historically moved more than the broad market.
Established in 1908 and headquartered in Milwaukee, Wisconsin, Strattec Security Corporation specializes in the design, development, manufacturing, and marketing of automotive access control products. Predominantly operating in North America, their solutions are frequently branded under the VAST Automotive Group. Their comprehensive product line includes both mechanical and electronically advanced locks and keys, passive entry and start systems, ignition lock housings for steering columns and instrument panels, various latches, power sliding side door systems, power tailgate and liftgate mechanisms, power deck lid systems, and door handles, among other related components. Beyond manufacturing, Strattec also provides full service and aftermarket support for its products. The company's diverse customer base encompasses original equipment manufacturers (OEMs) for cars and light trucks, other transportation-related manufacturers, as well as wholesale distributors, other marketers, and direct users of component parts. Furthermore, certain products are supplied to non-automotive commercial clients. Internationally, Strattec exports its goods to regions including Europe, South America, Korea, China, and India.
Strattec Security Corporation is most often compared with the following Consumer Cyclical names: