SCX - LS Starrett Co-The Stock Price, Fair Value and News

16.00USD-0.03 (-0.19%)Market Closed

Market Summary

USD16.00-0.03

Market Closed

-0.19%

SCX Stock Price

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SCX RSI Chart

SCX Valuation

Market Cap

120.0M

Price/Earnings (Trailing)

6.52

Price/Sales (Trailing)

0.48

EV/EBITDA

4.09

Price/Free Cashflow

7.34

SCX Price/Sales (Trailing)

SCX Profitability

EBT Margin

8.80%

Return on Equity

14.03%

Return on Assets

9.84%

Free Cashflow Yield

13.62%

SCX Fundamentals

SCX Revenue

Revenue (TTM)

251.7M

Rev. Growth (Yr)

-7.04%

Rev. Growth (Qtr)

2.37%

SCX Earnings

Earnings (TTM)

18.4M

Earnings Growth (Yr)

-112.58%

Earnings Growth (Qtr)

24.08%

Breaking Down SCX Revenue

Last 7 days

0.3%

Last 30 days

1.5%

Last 90 days

33.1%

Trailing 12 Months

46.4%

How does SCX drawdown profile look like?

SCX Financial Health

Current Ratio

3.11

Debt/Equity

0.02

Debt/Cashflow

8.93

SCX Investor Care

Shares Dilution (1Y)

2.00%

Diluted EPS (TTM)

2.57

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	259.3M	256.2M	256.4M	251.7M
2022	244.5M	253.7M	252.6M	258.1M
2021	200.9M	219.6M	231.7M	239.0M
2020	220.1M	201.5M	198.7M	195.9M
2019	224.5M	228.0M	228.2M	228.6M
2018	213.0M	216.3M	216.4M	220.8M
2017	207.4M	207.0M	209.9M	208.9M
2016	216.5M	209.7M	207.6M	207.1M
2015	249.6M	241.6M	232.4M	222.3M
2014	244.8M	247.1M	249.8M	251.8M
2013	246.6M	243.8M	244.3M	246.4M
2012	261.4M	260.1M	253.7M	251.3M
2011	234.5M	244.8M	250.7M	255.6M
2010	0	203.7M	214.0M	224.3M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of LS Starrett Co-The

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Dec 01, 2023	leme emerson	sold (taxes)	-6,313	8.93	-707	vice president na industrial
Dec 01, 2023	allen david t.	sold (taxes)	-5,366	9.05	-593	vp, global test & measurement
Dec 01, 2023	tripp john c.	sold (taxes)	-8,198	8.99	-912	cfo & treasurer
Dec 01, 2023	starrett douglas a	sold (taxes)	-13,877	8.89	-1,561	president & ceo
Oct 10, 2023	tripp john c.	sold	-28,976	10.51	-2,757	cfo & treasurer
Oct 10, 2023	starrett douglas a	sold	-48,226	10.45	-4,615	president & ceo
Oct 09, 2023	leme emerson	sold	-21,911	10.58	-2,071	vice president na industrial
Oct 09, 2023	allen david t.	sold	-18,624	10.6	-1,757	vp, global test & measurement
Sep 06, 2023	tripp john c.	acquired	75,400	10.4	7,250	cfo & treasurer
Sep 06, 2023	arntsen christian	acquired	98,800	10.4	9,500	vice president international

Which funds bought or sold SCX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 15, 2024	WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	reduced	-76.96	-476,281	206,570	-%
Mar 11, 2024	VANGUARD GROUP INC	added	3.12	422,374	3,051,140	-%
Feb 14, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	added	0.87	127,838	1,071,810	0.02%
Feb 14, 2024	CITADEL ADVISORS LLC	reduced	-36.89	-82,027	201,150	-%
Feb 14, 2024	Royal Bank of Canada	unchanged	-	38,000	347,000	-%
Feb 14, 2024	EARNEST PARTNERS LLC	sold off	-100	-9,675	-	-%
Feb 14, 2024	RBF Capital, LLC	unchanged	-	282,179	2,529,170	0.15%
Feb 14, 2024	LAZARD ASSET MANAGEMENT LLC	new	-	1,000	1,000	-%

Are Funds Buying or Selling SCX?

Are funds buying SCX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SCX

No. of Funds

Unveiling LS Starrett Co-The's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	morgan stanley	0.4%	25,926	SC 13G/A
Feb 13, 2024	renaissance technologies llc	5.44%	377,239	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.4%	372,541	SC 13G/A
Feb 08, 2024	morgan stanley	5.7%	394,385	SC 13G/A
Feb 13, 2023	renaissance technologies llc	5.27%	358,173	SC 13G/A
Feb 10, 2023	morgan stanley	5.3%	361,272	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	5.1%	346,687	SC 13G/A
Feb 11, 2022	morgan stanley	5.7%	377,462	SC 13G/A
Feb 11, 2022	renaissance technologies llc	6.68%	442,923	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	5.2%	347,373	SC 13G/A

Recent SEC filings of LS Starrett Co-The

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	DEFM14A	DEFM14A
Apr 05, 2024	SC 13G/A	Major Ownership Report
Apr 02, 2024	PREM14A	PREM14A
Mar 11, 2024	DEFA14A	DEFA14A
Mar 11, 2024	8-K	Current Report
Feb 16, 2024	8-K	Current Report
Feb 16, 2024	10-Q	Quarterly Report
Feb 14, 2024	NT 10-Q	NT 10-Q
Feb 13, 2024	SC 13G/A	Major Ownership Report
Feb 09, 2024	SC 13G/A	Major Ownership Report

Peers (Alternatives to LS Starrett Co-The)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	49.2B	22.1B	-3.94%	22.40%	34.19	2.23	8.21%	-59.82%
BLDR	22.2B	17.1B	-6.77%	93.27%	14.43	1.3	-24.77%	-43.97%
HUBB	21.3B	5.4B	0.32%	71.24%	27.98	3.96	8.59%	39.18%
CSL	17.9B	4.8B	0.69%	72.47%	23.27	3.69	-14.85%	-16.95%
LECO	13.6B	4.2B	-3.48%	49.70%	24.99	3.25	11.44%	15.46%
MID-CAP
AYI	7.8B	3.9B	-2.46%	57.46%	20.56	2.02	-6.35%	-0.40%
AAON	7.2B	1.2B	6.80%	37.62%	40.45	6.15	31.47%	76.96%
ATKR	6.3B	3.5B	-3.76%	30.50%	9.67	1.82	-10.84%	-25.77%
AEIS	3.5B	1.7B	-0.84%	4.08%	27.63	2.14	-10.27%	-35.75%
PLUG	1.8B	891.3M	-18.92%	-71.58%	-1.35	2.07	27.07%	-89.06%
SMALL-CAP
APOG	1.2B	1.4B	-1.73%	28.94%	11.92	0.89	-1.78%	53.96%
ACTG	492.5M	130.3M	6.02%	25.13%	7.34	3.78	54.06%	153.62%
ACCO	469.9M	1.8B	-5.71%	-2.75%	-21.55	0.26	-5.89%	-65.15%
FCEL	456.4M	103.0M	-8.18%	-56.47%	-4.46	4.43	-24.12%	-2.70%
APT	70.6M	61.2M	7.32%	49.88%	16.86	1.15	-1.21%	27.64%

LS Starrett Co-The News

Latest updates

LS Starrett Co-The Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	2.4%	62,076	60,636	67,270	61,678	66,775	60,461	70,390	60,479	61,318	61,514	61,235	54,944	54,054	49,411	42,475	49,998	56,864	52,114	61,091	58,498	56,532
Gross Profit	-2.9%	18,964	19,536	21,492	19,223	21,576	20,200	24,131	21,020	18,950	20,145	22,016	18,149	17,605	15,572	10,827	14,844	18,836	17,703	20,579	19,155	18,548
S&GA Expenses	-3.6%	16,470	17,077	16,359	15,109	15,561	16,294	16,511	14,988	14,749	16,012	15,190	13,511	14,224	13,391	12,525	14,780	15,874	16,258	17,210	15,687	15,100
EBITDA Margin	-7.2%	0.11*	0.12*	0.13*	0.10*	0.11*	0.11*	0.11*	0.10*	0.10*	0.11*	0.11*	-0.03*	-0.05*	-0.07*	-0.07*	0.05*	0.06*	0.07*	0.07*	0.06*	0.06*
Interest Expenses	105.3%	308	150	282	398	428	374	526	225	241	224	216	250	222	201	216	235	233	269	235	221	243
Income Taxes	1257.5%	2,362	174	4,103	-3,961	1,700	984	2,722	1,800	1,011	1,127	786	1,496	1,900	-2,282	1,036	-300	615	498	1,151	957	1,065
Earnings Before Taxes	-4.5%	2,000	2,094	14,550	3,512	4,800	3,000	7,563	6,100	3,539	4,400	5,304	4,513	5,775	1,834	-23,435	287	1,875	1,276	2,632	3,045	2,991
EBT Margin	-9.6%	0.09*	0.10*	0.10*	0.07*	0.08*	0.08*	0.08*	0.08*	0.07*	0.09*	0.08*	-0.06*	-0.08*	-0.10*	-0.10*	0.03*	0.04*	0.04*	0.04*	0.03*	0.03*
Net Income	24.1%	-394	-519	11,844	7,473	3,131	-775	4,834	4,284	1,590	-445	4,543	3,017	3,857	4,116	-24,490	613	1,260	778	1,481	2,088	1,926
Net Income Margin	-14.5%	0.07*	0.09*	0.10*	0.08*	0.07*	0.05*	0.04*	0.04*	0.04*	0.05*	0.07*	-0.07*	-0.08*	-0.09*	-0.11*	0.02*	0.02*	0.03*	0.03*	0.02*	0.02*
Free Cashflow	-272.0%	-2,878	1,673	7,205	10,346	1,093	-332	6,984	-650	-849	-8,175	1,312	-678	-2,769	2,120	1,016	-4,536	-811	-6,109	2,662	-959	745

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-4.4%	187	196	193	194	193	194	200	206	188	190	184	177	180	172	173	179	191	189	190	184	181
Current Assets	-7.6%	113	122	122	123	127	130	133	138	122	122	119	109	109	101	104	104	115	113	120	116	114
Cash Equivalents	-54.6%	6.00	13.00	10.00	9.00	9.00	12.00	15.00	8.00	9.00	7.00	9.00	11.00	15.00	12.00	13.00	10.00	9.00	11.00	16.00	13.00	13.00
Inventory	-5.9%	61.00	65.00	65.00	68.00	70.00	70.00	67.00	73.00	64.00	61.00	61.00	53.00	51.00	50.00	53.00	58.00	65.00	65.00	62.00	63.00	61.00
Net PPE	5.3%	45.00	43.00	39.00	38.00	38.00	36.00	37.00	39.00	36.00	36.00	36.00	35.00	36.00	37.00	37.00	37.00	38.00	37.00	37.00	37.00	35.00
Goodwill	-1.5%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	5.00	5.00	5.00	5.00	5.00	5.00
Liabilities	-16.2%	56.00	67.00	63.00	77.00	85.00	93.00	97.00	110	103	106	101	120	122	122	127	103	107	108	107	93.00	92.00
Current Liabilities	-12.6%	36.00	42.00	40.00	38.00	35.00	39.00	41.00	59.00	52.00	56.00	52.00	34.00	31.00	30.00	28.00	25.00	31.00	30.00	33.00	28.00	26.00
Long Term Debt	-60.9%	3.00	8.00	5.00	10.00	20.00	24.00	25.00	9.00	9.00	6.00	6.00	19.00	20.00	21.00	26.00	26.00	19.00	19.00	18.00	18.00	17.00
LT Debt, Current	-	4.00	-	5.00	5.00	5.00	-	7.00	23.00	22.00	22.00	16.00	7.00	7.00	6.00	5.00	3.00	4.00	4.00	4.00	3.00	3.00
LT Debt, Non Current	-60.9%	3.00	8.00	5.00	10.00	20.00	24.00	25.00	9.00	9.00	6.00	6.00	19.00	20.00	21.00	26.00	26.00	19.00	19.00	18.00	18.00	17.00
Shareholder's Equity	1.7%	131	129	129	117	108	102	102	96.00	85.00	83.00	84.00	57.00	58.00	50.00	46.00	76.00	85.00	81.00	83.00	91.00	89.00
Retained Earnings	-0.3%	114	114	112	102	94.00	91.00	89.00	84.00	80.00	77.00	74.00	70.00	67.00	63.00	59.00	83.00	83.00	81.00	80.00	79.00	77.00
Additional Paid-In Capital	0.4%	58.00	58.00	58.00	58.00	57.00	57.00	57.00	57.00	57.00	57.00	57.00	56.00	56.00	56.00	56.00	56.00	56.00	55.00	55.00	55.00	55.00
Shares Outstanding	0.9%	8.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00	7.00
Float	-	-	-	-	-	49.00	-	-	-	58.00	-	-	-	27.00	-	-	-	36.00	-	-	-	32.00

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-52.4%	2,293	4,818	9,182	11,423	3,846	628	8,083	1,776	1,274	-5,841	1,847	320	-1,262	3,663	2,698	-1,604	1,227	-3,484	3,745	1,846	1,901
Share Based Compensation	241.5%	222	65.00	181	179	185	185	145	103	237	174	154	148	154	367	120	124	72.00	214	118	87.00	67.00
Cashflow From Investing	-56.2%	-5,487	-3,512	-2,363	-1,449	-3,028	-1,162	-1,342	-2,675	-2,366	-2,624	-810	-1,310	3,421	-1,794	-1,982	-3,237	-2,357	-3,024	-1,476	-3,179	-1,489
Cashflow From Financing	-497.5%	-3,697	930	-5,026	-10,351	-3,764	-2,094	-718	1,009	3,744	5,711	-3,684	-1,881	571	-4,019	2,404	5,710	-251	1,451	600	603	-819
Buy Backs	-87.0%	3.00	23.00	20.00	7.00	3.00	6.00	13.00	17.00	7.00	16.00	21.00	4.00	1.00	6.00	-450	4.00	921	10.00	12.00	4.00	921

SCX Income Statement

2023-12-31

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Net sales	$ 62,076	$ 66,775	$ 122,712	$ 127,236
Cost of goods sold	43,112	45,199	84,212	85,460
Gross profit	$ 18,964	$ 21,576	$ 38,500	$ 41,776
% of Net sales	30.50%	32.30%	31.40%	32.80%
Restructuring charges	$ 0	$ 54	$ 0	$ 244
Selling, general and administrative expenses	16,470	15,561	33,548	31,855
Operating income	2,494	5,961	4,952	9,677
Other (expense), net	(526)	(1,121)	(890)	(1,797)
Income before income taxes	1,968	4,840	4,062	7,880
Income tax expense	2,362	1,709	2,537	2,693
Net (loss) income	$ (394)	$ 3,131	$ 1,525	$ 5,187
Basic income per share (in dollars per share)	$ (0.05)	$ 0.42	$ 0.20	$ 0.71
Diluted income per share (in dollars per share)	$ (0.05)	$ 0.42	$ 0.20	$ 0.69
Weighted average outstanding shares used in per share calculations:
Basic (in shares)	7,501	7,405	7,469	7,354
Diluted (in shares)	7,501	7,541	7,623	7,511

SCX Balance Sheet

2023-12-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Jun. 30, 2023
Current assets:
Cash	$ 5,684	$ 10,454
Accounts receivable (less allowance for credit losses of $546 and $449, respectively)	34,826	36,611
Inventories	61,284	65,414
Prepaid expenses and other current assets	10,950	9,723
Total current assets	112,744	122,202
Property, plant and equipment, net	44,852	39,375
Right of use assets	4,421	4,931
Deferred tax assets, net	15,667	17,056
Intangible assets, net	4,829	4,672
Goodwill	1,015	1,015
Other assets	3,534	3,551
Total assets	187,062	192,802
Current liabilities:
Current maturities of debt	4,403	4,961
Current lease liability	1,604	1,689
Accounts payable	13,487	15,047
Accrued expenses	12,162	11,579
Accrued compensation	4,613	6,287
Total current liabilities	36,269	39,563
Other tax obligations	2,899	2,884
Long-term lease liability	2,966	3,423
Long-term debt, net of current portion and debt costs	3,103	5,273
Postretirement benefit and pension obligations	10,699	12,192
Total liabilities	55,936	63,335
Contingencies (Note 12)
Stockholders' equity:
Additional paid-in capital	58,050	57,825
Retained earnings	113,672	112,147
Accumulated other comprehensive loss	(48,102)	(47,935)
Total stockholders' equity	131,126	129,467
Total liabilities and stockholders’ equity	187,062	192,802
Class A Common Shares
Stockholders' equity:
Common stock	6,954	6,854
Class B Common Shares
Stockholders' equity:
Common stock	$ 552	$ 576

About LS Starrett Co-The

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, tape measures, levels, chalk products, 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, combination squares, and custom and non-contact gaging such as vision, optical, and measurement systems. 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. The company serves 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.

CEO	Mr. Douglas A. Starrett
WEBSITE	starrett.com
INDUSTRY	Communication Equipment
EMPLOYEES	1493

LS Starrett Co-The Frequently Asked Questions

What is the ticker symbol for LS Starrett Co-The? What does SCX stand for in stocks?

SCX is the stock ticker symbol of LS Starrett Co-The. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of LS Starrett Co-The (SCX)?

As of Tue Apr 16 2024, market cap of LS Starrett Co-The is 120.02 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SCX stock?

You can check SCX's fair value in chart for subscribers.

What is the fair value of SCX stock?

You can check SCX's fair value in chart for subscribers. The fair value of LS Starrett Co-The is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of LS Starrett Co-The is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SCX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is LS Starrett Co-The a good stock to buy?

The fair value guage provides a quick view whether SCX is over valued or under valued. Whether LS Starrett Co-The is cheap or expensive depends on the assumptions which impact LS Starrett Co-The's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SCX.

What is LS Starrett Co-The's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, SCX's PE ratio (Price to Earnings) is 6.52 and Price to Sales (PS) ratio is 0.48. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SCX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on LS Starrett Co-The's stock?

In the past 10 years, LS Starrett Co-The has provided 0 (multiply by 100 for percentage) rate of return.