Ls Starrett Stock Analysis
SCX Stock | USD 16.03 0.02 0.12% |
LS Starrett is overvalued with Real Value of 12.16 and Hype Value of 16.01. The main objective of LS Starrett stock analysis is to determine its intrinsic value, which is an estimate of what LS Starrett is worth, separate from its market price. There are two main types of LS Starrett's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect LS Starrett's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of LS Starrett's stock to identify patterns and trends that may indicate its future price movements.
The LS Starrett stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. LS Starrett is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. SCX Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and LS Starrett's ongoing operational relationships across important fundamental and technical indicators.
SCX |
SCX Stock Analysis Notes
About 15.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.92. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. LS Starrett last dividend was issued on the 18th of December 2017. The entity had 2:1 split on the 9th of January 1981. Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products in the United States, Canada, Mexico, Brazil, China, the United Kingdom, Australia, and New Zealand. Starrett Company was founded in 1880 and is headquartered in Athol, Massachusetts. LS Starrett operates under Tools Accessories classification in the United States and is traded on New York Stock Exchange. It employs 1493 people. To find out more about LS Starrett contact Douglas Starrett at 978 249 3551 or learn more at https://www.starrett.com.LS Starrett Quarterly Total Revenue |
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LS Starrett Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. LS Starrett's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding LS Starrett or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
LS Starrett is way too risky over 90 days horizon | |
LS Starrett appears to be risky and price may revert if volatility continues | |
About 15.0% of the company outstanding shares are owned by corporate insiders | |
Latest headline from news.google.com: L.S. Starrett Earns Buy Rating from Analysts at StockNews.com - MarketBeat |
LS Starrett Upcoming and Recent Events
Earnings reports are used by LS Starrett to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to LS Starrett previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
5th of February 2024 Upcoming Quarterly Report | View | |
31st of December 2023 Next Fiscal Quarter End | View |
SCX Largest EPS Surprises
Earnings surprises can significantly impact LS Starrett's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2010-11-04 | 2010-09-30 | 0.07 | 0.25 | 0.18 | 257 | ||
2009-09-10 | 2009-06-30 | -0.12 | -0.34 | -0.22 | 183 | ||
2009-11-05 | 2009-09-30 | -0.17 | -0.47 | -0.3 | 176 |
LS Starrett Thematic Classifications
In addition to having LS Starrett stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Office SuppliesOffice products, supplies, and accessories | ||
FarmingFarming products and equipment | ||
Heavy MetalsIndustrial metals and minerals | ||
PlasticsRubber and plastics accessories | ||
HousewaresHousewares products and accessories | ||
Construction MaterialsUSA Equities from Construction Materials industry as classified by Fama & French |
SCX Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as LS Starrett is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading LS Starrett backward and forwards among themselves. LS Starrett's institutional investor refers to the entity that pools money to purchase LS Starrett's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Geode Capital Management, Llc | 2023-12-31 | 64.3 K | Wealth Enhancement Advisory Services, Llc | 2023-12-31 | 56.4 K | Blackrock Inc | 2023-12-31 | 38.2 K | Royal Bank Of Canada | 2023-12-31 | 28.7 K | Citadel Advisors Llc | 2023-09-30 | 26.3 K | Northern Trust Corp | 2023-12-31 | 21.3 K | O'shaughnessy Asset Management Llc | 2023-12-31 | 20.6 K | Acadian Asset Management Llc | 2023-12-31 | 17.4 K | Victory Capital Management Inc. | 2023-12-31 | 9.4 K | Gamco Investors, Inc. Et Al | 2023-12-31 | 515.6 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 394.4 K |
SCX Market Capitalization
The company currently falls under 'Small-Cap' category with a total capitalization of 111.71 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate LS Starrett's market, we take the total number of its shares issued and multiply it by LS Starrett's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.SCX Profitablity
LS Starrett's profitability indicators refer to fundamental financial ratios that showcase LS Starrett's ability to generate income relative to its revenue or operating costs. If, let's say, LS Starrett is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, LS Starrett's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of LS Starrett's profitability requires more research than a typical breakdown of LS Starrett's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.08 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.04 %, which entails that for every 100 dollars of revenue, it generated $0.04 of operating income. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.14 | 0.15 | |
Return On Capital Employed | 0.14 | 0.08 | |
Return On Assets | 0.12 | 0.14 | |
Return On Equity | 0.21 | 0.22 |
Management Efficiency
LS Starrett has Return on Asset of 0.0792 % which means that on every $100 spent on assets, it made $0.0792 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1625 %, implying that it generated $0.1625 on every 100 dollars invested. LS Starrett's management efficiency ratios could be used to measure how well LS Starrett manages its routine affairs as well as how well it operates its assets and liabilities. At this time, LS Starrett's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.14 in 2024, whereas Return On Capital Employed is likely to drop 0.08 in 2024. At this time, LS Starrett's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 92.6 M in 2024, whereas Non Currrent Assets Other are likely to drop slightly above 3 M in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 20.14 | 22.09 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 19.26 | 20.64 | |
Enterprise Value Over EBITDA | 2.68 | 2.54 | |
Price Book Value Ratio | 0.69 | 1.13 | |
Enterprise Value Multiple | 2.68 | 2.54 | |
Price Fair Value | 0.69 | 1.13 | |
Enterprise Value | 58.5 M | 55.6 M |
The analysis of LS Starrett's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze LS Starrett's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of SCX Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.486 |
Technical Drivers
As of the 24th of April, LS Starrett owns the Market Risk Adjusted Performance of 5.66, standard deviation of 7.79, and Mean Deviation of 2.37. In connection with fundamental indicators, the technical analysis model lets you check timely technical drivers of LS Starrett, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to break down nineteen technical drivers for LS Starrett, which can be compared to its peers in the sector. Please verify LS Starrett standard deviation, as well as the relationship between the value at risk and kurtosis to decide if LS Starrett is priced some-what accurately, providing market reflects its prevailing price of 16.03 per share. Given that LS Starrett has jensen alpha of 0.634, we recommend you to check LS Starrett's latest market performance to make sure the company can sustain itself sooner or later.LS Starrett Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. LS Starrett middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for LS Starrett. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
LS Starrett Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific LS Starrett insiders, such as employees or executives, is commonly permitted as long as it does not rely on LS Starrett's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases LS Starrett insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Douglas Starrett over three months ago Payment of 1561 shares by Douglas Starrett of LS Starrett subject to Rule 16b-3 | ||
Douglas Starrett over six months ago Sale by Douglas Starrett of 4615 shares of LS Starrett | ||
Douglas Starrett over six months ago Acquisition by Douglas Starrett of 11250 shares of LS Starrett subject to Rule 16b-3 | ||
Stephen Walsh over six months ago LS Starrett exotic insider transaction detected | ||
John Tripp over a year ago Acquisition by John Tripp of 15000 shares of LS Starrett subject to Rule 16b-3 | ||
John Tripp over a year ago Sale by John Tripp of 3300 shares of LS Starrett |
LS Starrett Predictive Daily Indicators
LS Starrett intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of LS Starrett stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
LS Starrett Corporate Filings
12th of April 2024 Other Reports | ViewVerify | |
13A | 5th of April 2024 An amended filing to the original Schedule 13G | ViewVerify |
2nd of April 2024 Other Reports | ViewVerify | |
8K | 11th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10Q | 16th of February 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
14th of February 2024 Other Reports | ViewVerify | |
13A | 13th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
13A | 9th of February 2024 An amended filing to the original Schedule 13G | ViewVerify |
LS Starrett Forecast Models
LS Starrett's time-series forecasting models are one of many LS Starrett's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary LS Starrett's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About SCX Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how LS Starrett prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling SCX shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as LS Starrett. By using and applying SCX Stock analysis, traders can create a robust methodology for identifying SCX entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.12 | 0.06 | |
Operating Profit Margin | 0.08 | 0.06 | |
Net Profit Margin | 0.10 | 0.11 | |
Gross Profit Margin | 0.37 | 0.35 |
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding LS Starrett to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in LS Starrett. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. For more information on how to buy SCX Stock please use our How to Invest in LS Starrett guide.Note that the LS Starrett information on this page should be used as a complementary analysis to other LS Starrett's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for SCX Stock analysis
When running LS Starrett's price analysis, check to measure LS Starrett's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LS Starrett is operating at the current time. Most of LS Starrett's value examination focuses on studying past and present price action to predict the probability of LS Starrett's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LS Starrett's price. Additionally, you may evaluate how the addition of LS Starrett to your portfolios can decrease your overall portfolio volatility.
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Is LS Starrett's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LS Starrett. If investors know SCX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LS Starrett listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.07) | Earnings Share 2.57 | Revenue Per Share 33.787 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0792 |
The market value of LS Starrett is measured differently than its book value, which is the value of SCX that is recorded on the company's balance sheet. Investors also form their own opinion of LS Starrett's value that differs from its market value or its book value, called intrinsic value, which is LS Starrett's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LS Starrett's market value can be influenced by many factors that don't directly affect LS Starrett's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LS Starrett's value and its price as these two are different measures arrived at by different means. Investors typically determine if LS Starrett is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LS Starrett's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.