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The L.S. Starrett Company

Investor Moves

NameValueActionChangePriceCurrent Price
Mario GabelliGAMCO Investors
$-8.3M
ExitQ2 2024
$8.3M
--
--
Mario GabelliGAMCO Investors
$-8.3M
ExitQ2 2024
$8.3M
--
--
BlackRockInvestor
$-465.9K
ExitQ2 2024
$466k
--
--
Ken GriffinCitadel Advisors
$-291.3K
ExitQ2 2024
$291k
--
--
Trade SCX

About The L.S. Starrett Company

The L.S. Starrett Company, along with its subsidiaries, operates as a global manufacturer and seller of industrial, professional, and consumer measuring and cutting implements. Its geographical footprint extends across the United States, Canada, Mexico, Brazil, China, the United Kingdom, Australia, and New Zealand. The company's product portfolio is comprehensive, featuring high-precision tools such as electronic gauges, gage blocks, and advanced optical vision and laser measuring equipment. They also engineer custom granite solutions and offer various types of squares. For cutting applications, Starrett produces a wide array of blades, including band, hole, hacksaw, jig, and reciprocating saw varieties. Additional offerings include M1 lubricant and precision ground flat stock. Their measurement capabilities further encompass classic hand tools like micrometers, vernier calipers, height and depth gauges, dial indicators, steel rules, and combination squares, alongside bespoke and non-contact gaging technologies. Starrett also provides essential hand tools for measuring, marking, and layout tasks, such as tapes, levels, and chalk lines, primarily serving the building, construction, and retail trades. Moreover, they manufacture carbide-tipped products specifically designed for cutting ferrous and non-ferrous metals, as well as castings. Distribution of their precision hand tools, saw products, and construction tools is primarily managed through a network of distributors and resellers. Starrett serves a wide array of sectors, including metalworking, aerospace, medical, oil and gas, machinery, government, equipment, and automotive industries. Their customer base also extends to marine and farm equipment shops, do-it-yourself enthusiasts, and a broad spectrum of tradesmen, including builders, carpenters, plumbers, and electricians. Founded in 1880, The L.S. Starrett Company is headquartered in Athol, Massachusetts.

CEO
Douglas A. Starrett
IPO Date
Feb 21, 1973

Market Data

OpenThe first traded price for the current trading session.
$16.17
HighThe highest traded price in the current trading session.
$16.19
LowThe lowest traded price in the current trading session.
$16.17
VolumeTotal shares traded during the current trading session.
61.7K
Avg VolumeAverage number of shares traded per session, as reported by FMP.
93.1K
52W HighThe highest traded price over the past 52 weeks.
$16.19
52W LowThe lowest traded price over the past 52 weeks.
$8.55

Valuation

Market CapCompany equity value based on share price multiplied by shares outstanding.
$113M
Enterprise ValueMarket cap plus debt and other claims, less cash and equivalents.
$118M
Dividend YieldAnnualized dividend yield relative to the current share price.
0.00%

Financials

Free Cash FlowOperating cash flow minus capital expenditures from the latest annual cash flow statement.
$17M
RevenueTotal sales from the latest annual income statement.
$256M
Net IncomeProfit after expenses and taxes from the latest annual income statement.
$23M
CashCash and equivalents, or cash plus short-term investments, from the latest balance sheet.
$10M
DebtTotal debt from the latest balance sheet.
$15M

Events

EarningsMay 13

actual 0.19

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