Is The L.S. Starrett Company (SCX) a Buy, Sell, or Hold?
The L.S. Starrett Company
NYSE:SCX
$16.18 USD
$0.01 (0.06%)
- Volume
- 61.69K
- Average Volume
- 99.3K
- Market Capitalization
- $113.38M
- P/E Ratio
- 9.64
- Dividend Yield
- 0.00%
- Price Target
- $
- Year High
- $16.19
- Year Low
- $8.55
- Payout Ratio
- $0.00
- Current Ratio
- $3.13
Industry, Sector & symbol
| Stock Exchange | New York Stock Exchange |
| CEO | Mr. Douglas A. Starrett |
| Industry | Manufacturing - Tools & Accessories |
| Sector | Industrials |
| Current Symbol | SCX |
| CUSIP | 855668109 |
| CIK | 0000093676 |
| Web | https://www.starrett.com |
| Phone | 978 249 3551 |
| Currency | USD |
| Employees | 1529 |
| Country | US |
Liquidity
| Debt-to-Equity Ratio | 0.07 |
| Payout Ratio | 0.00 |
| Current Ratio | 3.13 |
| Quick Ratio | 1.49 |
| Cash Ratio | 0.21 |
Sales & Book Value
| Annual Sales | $256.18M |
| Price / Sales | 0.45 |
| Cash Flow | 0.83 |
| Price / Cash Flow | 18.21 |
| Price / Book | 0.93 |
Price Target and Rating
| Average Stock Price Forecast | $ |
| High Stock Price Forecast | $ |
| Low Stock Price Forecast | $ |
| Forecast Upside/Downside | % |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 0 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $3.06 |
| Trailing P/E Ratio | 9.64 |
| PEG Ratio | -0.27 |
| P/E Growth | -0.27 |
| Net Income | $23.09M |
| Net Margin | 5.02% |
| Pretax Margin | 7.68% |
| Return on Equity | 9.69% |
| Return on Assets | 6.75% |
Financials Score
| AltmanZ Score | 4.25 |
| Piotroski Score | 5.00 |
| Working Capital | 76.25M |
| Total Assets | 186.63M |
| Ebit | 20.25M |
| Market Cap | 113.38M |
| Total Liabilities | 56.52M |
Poll Results
About The L.S. Starrett Company (NYSE:SCX) Stock
The L.S. 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. The company's products include precision tools, electronic gauges, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and reciprocating saw blades, as well as M1 lubricant and precision ground flat stock products. It also provides measuring tools, such as micrometers, vernier calipers, height gages, depth gages, electronic gages, dial indicators, steel rules, and combination squares, as well as custom and non-c ... ontact gaging. In addition, the company offers hand tools for measuring, marking, and layout that include tapes, levels, chalk lines, and other products for building trades, and construction and retail trades. Further, it provides carbide tipped products for cutting ferrous materials, and non-ferrous metals and castings. The company primarily distributes its precision hand tools, and saw and construction products through distributors or resellers. It serves the metalworking, aerospace, medical, oil and gas, machinery, government, equipment, and automotive markets; marine and farm equipment shops, and do-it-yourselfers; and tradesmen, which comprise builders, carpenters, plumbers, and electricians. The L.S. Starrett Company was founded in 1880 and is headquartered in Athol, Massachusetts.
2024-03-12 18:56:00
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of The L.S. Starrett Company (NYSE: SCX) to an affiliate of MiddleGround Capital. Under the terms of the proposed transaction, shareholders of L.S. Starrett will receive $16.19 in cash for each share of L.S. Starrett that they own. KSF is seeking to determine whether this consideration and the process that led to.
2024-03-11 10:30:00
MILWAUKEE , March 11, 2024 /PRNewswire/ -- Ademi LLP is investigating Starrett (NYSE: SCX) for possible breaches of fiduciary duty and other violations of law in its transaction with MiddleGround. Click here to learn how to join the https://www.ademilaw.com/case/ls-starrett-company or call Guri Ademi toll-free at 866-264-3995.
2024-03-11 08:21:00
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of The L.S. Starrett Company (NYSE: SCX) to an affiliate of MiddleGround Capital for $16.19 per share is fair to Starrett shareholders. Halper Sadeh encourages Starrett shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected]. The investigation concerns whet.
2024-03-11 07:00:00
ATHOL, Mass.--(BUSINESS WIRE)--The L.S. Starrett Company (“Starrett” or the “Company”) (NYSE: SCX) today announced that it has entered into a definitive merger agreement in a go-private transaction with an affiliate of MiddleGround Capital (“MiddleGround”) in an all-cash transaction for $16.19 per share. The purchase price represents an approximately 63% premium to the closing stock price of the Company's stock on March 8, 2024, the last trading day prior to announcing the transaction. “We are.
The L.S. Starrett Company Announces Fiscal 2024 Second Quarter Results
2024-02-16 16:15:00
ATHOL, Mass.--(BUSINESS WIRE)--The L.S. Starrett Company (NYSE: SCX) (“Starrett” or “the Company”) a global innovator, manufacturer and marketer of precision measuring tools, cutting tools and equipment, and high-end metrology solutions for industrial, professional, and consumer markets, today announced operating results for the quarter ended December 31, 2023. Financial results include non-U.S. GAAP financial measures. These non-U.S. GAAP measures are more fully described and are reconciled fr.
Frequently Asked Questions
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What is the current The L.S. Starrett Company (SCX) stock price?
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The L.S. Starrett Company(NYSE:SCX) stock price is $16.18 in the last trading session. During the trading session, SCX stock reached the peak price of $16.19 while $8.55 was the lowest point it dropped to. The percentage change in SCX stock occurred in the recent session was 0.06% while the dollar amount for the price change in SCX stock was $0.01.
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SCX's industry and sector of operation?
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The NYSE listed SCX is part of Manufacturing - Tools & Accessories industry that operates in the broader Industrials sector.
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Who are the executives of SCX?
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Mr. Douglas A. Starrett | Chairman of the Board, President & Chief Executive Officer
Mr. John C. Tripp | Chief Financial Officer & Treasurer
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How many employees does SCX have?
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Number of SCX employees currently stands at 1529. SCX operates from 121 Crescent Street, Athol, MA 01331-1915, US.
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Link for SCX official website?
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Official Website of SCX is: https://www.starrett.com
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How do I contact SCX?
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SCX could be contacted at phone #978 249 3551 and can also be accessed through its website. SCX operates from 121 Crescent Street, Athol, MA 01331-1915, US.
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How many shares of SCX are traded daily?
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The average number of SCX shares traded daily for last 3 months was 99.3K.
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What is the market cap of SCX currently?
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The market value of SCX currently stands at $113.38M with its latest stock price at $16.18