How do I set a price alert for STRT?

To set a STRT price alert on Stock Alarm Pro, navigate to the STRT quote page, select "Set Alert," choose your trigger type (price target, % move, RSI level, MACD, or volume breakout), and set your delivery channel. Stock Alarm Pro supports instant push notifications, SMS, and automated phone call alerts.

Can I get phone call alerts for STRT?

Yes. Stock Alarm Pro provides real-time automated phone call alerts for STRT. Phone call alerts ensure you are immediately awakened or interrupted during critical volatility events, overnight earnings moves, or strict stop-loss levels when silent push notifications might be overlooked.

What types of alerts can I set for Strattec Security Corp?

Stock Alarm Pro supports over 125 trigger types for STRT: price target alerts (above/below target), intraday percentage moves, RSI overbought/oversold levels, 50-day and 200-day moving average crossovers (golden cross / death cross), relative volume (RVOL) spikes, confirmed earnings date releases, and SEC Form-4 insider transaction filings.

How quickly will I be notified about STRT price changes?

STRT alerts are evaluated continuously in real-time against live market telemetry. Notifications are dispatched within sub-second latency via push notifications, SMS, or phone calls as soon as your trigger condition is met across regular, pre-market, and after-hours trading sessions.

Is Stock Alarm Pro free to use for STRT alerts?

Yes, Stock Alarm Pro offers a free tier that includes 3 active price alerts for STRT and other stocks. Full Pro membership is $20/month or $168/year with a 7-day free trial, unlocking unlimited alerts, phone call delivery, SMS, all 125+ technical indicators, institutional screeners, and real-time market telemetry across web, iOS, and Android.

STRT Company Intelligence - Business Model, Drivers & Risks

Strattec Security Corporation(STRT)

$65.93—

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Strattec Security Corporation(STRT)

NASDAQAbout this data

$65.93—

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STRT(STRT)

STRT

Strattec Security Corporation designs and manufactures automotive access control products including locks, keys, latches, and power sliding door systems primarily for North American OEMs (GM, Ford, Stellantis). The company operates manufacturing facilities in Milwaukee, Wisconsin and El Paso, Texas, with a 49% joint venture stake in VAST LLC (serving Hyundai/Kia) and ADAC-Strattec LLC (serving Asian transplants). Stock performance is driven by North American light vehicle production volumes, OEM platform wins, and operational efficiency in a capital-intensive, low-margin tier-1 supplier business.

Consumer CyclicalAutomotive Tier-1 Components - Access Control Systemsmoderate - Fixed costs include manufacturing facilities in Milwaukee and El Paso, tooling investments for new platforms ($5-8M annually), and engineering headcount. Variable costs include raw materials (steel, zinc die-castings, electronic components) and direct labor. Operating leverage improves with higher North American light vehicle production volumes, but annual price-downs and new platform launch costs create margin headwinds. Incremental margins on volume increases are estimated at 20-25% due to fixed cost absorption.

Business Overview

01Mechanical locks and keys for passenger vehicles (estimated 40-45% of revenue)

02Electronic access control systems including keyless entry, push-button start, and power liftgate actuators (estimated 35-40%)

03Latches, striker systems, and power sliding door mechanisms (estimated 15-20%)

Strattec operates as a tier-1 automotive supplier with multi-year contracts tied to specific vehicle platforms. Revenue is driven by per-unit pricing multiplied by OEM production volumes. Pricing power is limited due to annual productivity requirements (typically 2-3% price reductions) embedded in OEM contracts. Competitive advantages include: (1) high switching costs once designed into a platform (3-5 year design cycles), (2) proprietary key coding technology and security algorithms, (3) established relationships with Detroit Three OEMs spanning decades. Gross margins of 15% reflect intense pricing pressure, tooling amortization costs, and commodity steel/zinc exposure. The company generates returns through operational efficiency, engineering value-add in electronic systems, and joint venture equity income from Asian OEM exposure.

What Moves the Stock

North American light vehicle production volumes (SAAR - Seasonally Adjusted Annual Rate), particularly GM and Ford truck/SUV platforms where content per vehicle is highest

New platform awards and content per vehicle expansion, especially electronic access control systems which carry higher margins than mechanical locks

Raw material costs including steel, zinc die-castings, and semiconductor availability for electronic modules

Joint venture equity income from VAST LLC (Hyundai/Kia exposure) and ADAC-Strattec (Honda/Nissan exposure), which can represent 15-20% of operating income

Operational efficiency improvements and manufacturing footprint optimization between Milwaukee and El Paso facilities

Watch on Earnings

North American vehicle production volumes by OEM customer (GM, Ford, Stellantis unit builds)Gross margin performance relative to raw material inflation and annual price-down commitmentsNew business awards and estimated lifetime revenue from platform winsJoint venture equity income contribution and Asian OEM production trendsFree cash flow generation and working capital efficiency (inventory turns, receivables days)

Risk Factors

Electrification and autonomous vehicle transition may reduce content per vehicle as traditional mechanical locks/keys are replaced by smartphone-based access systems or eliminated entirely in shared autonomous fleets

Shift toward vehicle-as-a-service and declining personal vehicle ownership in urban markets could structurally reduce North American production volumes over the 2030-2040 timeframe

Cybersecurity vulnerabilities in electronic access control systems create product liability and recall risk, particularly as vehicles become more connected

Global mega-suppliers (Magna, Continental, Valeo) with broader product portfolios can bundle access control systems with other components to win platform awards, leveraging scale advantages

Chinese tier-1 suppliers (Huf, U-Shin) expanding into North American market with lower cost structures and aggressive pricing

OEMs vertically integrating electronic access control systems in-house as software and electronics become core competencies

Capital intensity of new platform launches requires $5-8M annual tooling investments, creating cash flow volatility if multiple programs launch simultaneously

Joint venture minority stakes (49% in VAST, ADAC-Strattec) provide limited control over strategic decisions and capital allocation, with equity income dependent on partner OEM production volumes

Pension and OPEB obligations typical of legacy Midwest manufacturers, though current funded status appears adequate based on strong current ratio

StructuralCompetitiveBalance Sheet

Macro Sensitivity

Economic Cycle

high - Revenue is directly tied to North American light vehicle production, which exhibits strong cyclicality with GDP growth, consumer confidence, and employment levels. During the 2008-2009 recession, North American production fell 35%, devastating tier-1 suppliers. The company's exposure to trucks and SUVs (higher content per vehicle) provides some cushion during downturns as consumers shift to larger vehicles, but overall volumes remain highly cyclical. Industrial production and durable goods orders are leading indicators for automotive demand.

Interest Rates

Rising interest rates negatively impact the business through two channels: (1) higher auto loan rates reduce vehicle affordability and dampen consumer demand, particularly for trucks/SUVs which require larger loans, and (2) increased financing costs for dealer inventory ('floorplan financing') can constrain OEM production schedules. The company carries minimal debt (0.01 D/E ratio), so direct financing cost impact is negligible. However, valuation multiples for low-growth cyclical industrials compress as rates rise and investors rotate to bonds.

Credit

Moderate exposure through the automotive credit cycle. Tighter credit conditions reduce subprime auto loan availability, constraining vehicle sales volumes. OEM financial health is critical - bankruptcy risk among customers (historical GM/Chrysler bankruptcies) creates receivables risk and platform cancellation exposure. The company's strong current ratio (2.61x) and minimal debt provide cushion, but extended OEM production shutdowns due to credit stress would severely impact cash flow.

Live Conditions

RBOB Gasoline30-Year TreasuryRussell 2000 FuturesS&P 500 Futures10-Year Treasury5-Year Treasury2-Year Treasury30-Day Fed Funds

Profile

value - The stock trades at 0.7x sales and 5.5x EV/EBITDA with 16.9% FCF yield, attracting deep value investors seeking cyclical recovery plays. Recent 77% one-year return suggests momentum investors have entered following operational improvements. The micro-cap size ($400M market cap) limits institutional ownership to specialized small-cap funds. Dividend yield is likely minimal given capital reinvestment needs, making this unsuitable for income investors. High cyclicality and OEM concentration risk deter growth-at-any-price investors.

high - As a micro-cap automotive supplier with concentrated customer base and high operating leverage, the stock exhibits significant volatility around quarterly earnings, OEM production announcements, and automotive cycle turning points. Beta likely exceeds 1.5x relative to broader market. Recent 37.5% three-month return demonstrates momentum volatility. Illiquid float amplifies price swings on modest volume.

Key Metrics to Watch

North American light vehicle production SAAR (Seasonally Adjusted Annual Rate) - monthly data from Wards Automotive

GM, Ford, and Stellantis truck/SUV production volumes and inventory levels (days supply)

Hot-rolled coil steel prices and zinc die-casting spot prices (key raw material inputs)

Automotive semiconductor supply chain conditions and lead times for electronic modules

Hyundai/Kia North American production volumes (VAST LLC joint venture exposure)

Consumer auto loan delinquency rates and subprime auto ABS spreads (credit availability indicator)

New vehicle transaction prices and incentive spending levels (OEM pricing power)

robotics manufacturing automation semiconductor debt

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