L.S. Starrett
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The L.S. Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products primarily in North America, Brazil, China, the United Kingdom, Australia, and New Zealand. The last earnings update was 48 days ago. More info.
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- L.S. Starrett has significant price volatility in the past 3 months.
SCX Share Price and Events
7 Day Returns
1 Year Returns
SCX Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| L.S. Starrett (SCX) | -2.2% | -5% | 26.2% | 5% | -29.1% | -53.2% |
| US Machinery | 1% | 0.6% | 17.2% | -6.1% | 49.1% | 28.1% |
| US Market | 1.2% | 2.1% | 14.6% | 3% | 39% | 43.5% |
1 Year Return vs Industry and Market
- SCX outperformed the Machinery industry which returned -6.1% over the past year.
- SCX outperformed the Market in United States of America which returned 3% over the past year.
Price Volatility
Related Companies
SCX Value
Is L.S. Starrett undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for L.S. Starrett. This is due to cash flow or dividend data being unavailable. The share price is $7.61.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for L.S. Starrett's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
L.S. Starrett's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in USD | $0.71 |
| NYSE:SCX Share Price ** | NYSE (2019-03-20) in USD | $7.61 |
| United States of America Machinery Industry PE Ratio | Median Figure of 102 Publicly-Listed Machinery Companies | 20.82x |
| United States of America Market PE Ratio | Median Figure of 3,058 Publicly-Listed Companies | 17.69x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of L.S. Starrett.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NYSE:SCX Share Price ÷ EPS (both in USD) = 7.61 ÷ 0.71 |
10.75x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- L.S. Starrett is good value based on earnings compared to the US Machinery industry average.
- L.S. Starrett is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
L.S. Starrett's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 10.75x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| United States of America Machinery Industry PEG Ratio | Median Figure of 85 Publicly-Listed Machinery Companies | 1.52x |
| United States of America Market PEG Ratio | Median Figure of 2,103 Publicly-Listed Companies | 1.48x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for L.S. Starrett, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
L.S. Starrett's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in USD | $12.88 |
| NYSE:SCX Share Price * | NYSE (2019-03-20) in USD | $7.61 |
| United States of America Machinery Industry PB Ratio | Median Figure of 129 Publicly-Listed Machinery Companies | 2.4x |
| United States of America Market PB Ratio | Median Figure of 5,156 Publicly-Listed Companies | 1.89x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NYSE:SCX Share Price ÷ Book Value per Share (both in USD) = 7.61 ÷ 12.88 |
0.59x |
* Primary Listing of L.S. Starrett.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- L.S. Starrett is good value based on assets compared to the US Machinery industry average.
Value checks
We assess L.S. Starrett's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Machinery industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Machinery industry average (and greater than 0)? (1 check) L.S. Starrett has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
SCX Future Performance
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as L.S. Starrett has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Unable to compare L.S. Starrett's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare L.S. Starrett's earnings growth to the United States of America market average as no estimate data is available.
- Unable to compare L.S. Starrett's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| United States of America Machinery Industry Earnings Growth Rate | Market Cap Weighted Average | 11.1% |
| United States of America Machinery Industry Revenue Growth Rate | Market Cap Weighted Average | 3.6% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14.3% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.1% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 221 | 6 | 5 |
| 2018-09-30 | 216 | 4 | -3 |
| 2018-06-30 | 216 | 4 | -4 |
| 2018-03-31 | 213 | 2 | -5 |
| 2017-12-31 | 209 | 5 | -7 |
| 2017-09-30 | 210 | 3 | 1 |
| 2017-06-30 | 207 | 3 | 1 |
| 2017-03-31 | 207 | 6 | -14 |
| 2016-12-31 | 207 | 7 | -13 |
| 2016-09-30 | 208 | 10 | -13 |
| 2016-06-30 | 210 | 14 | -14 |
| 2016-03-31 | 216 | 12 | 0 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (2 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from L.S. Starrett Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.71 |
| 2018-09-30 | -0.50 |
| 2018-06-30 | -0.52 |
| 2018-03-31 | -0.64 |
| 2017-12-31 | -0.98 |
| 2017-09-30 | 0.09 |
| 2017-06-30 | 0.14 |
| 2017-03-31 | -1.98 |
| 2016-12-31 | -1.79 |
| 2016-09-30 | -1.88 |
| 2016-06-30 | -2.01 |
| 2016-03-31 | 0.04 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if L.S. Starrett will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess L.S. Starrett's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
L.S. Starrett has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
SCX Past Performance
How has L.S. Starrett performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- L.S. Starrett's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
- L.S. Starrett has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
- L.S. Starrett has become profitable in the last year making it difficult to compare the US Machinery industry average.
Earnings and Revenue History
All data from L.S. Starrett Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 220.82 | 4.97 | 59.98 | 3.60 |
| 2018-09-30 | 216.41 | -3.48 | 60.33 | 3.60 |
| 2018-06-30 | 216.33 | -3.63 | 60.65 | 3.60 |
| 2018-03-31 | 213.03 | -4.50 | 61.85 | 1.90 |
| 2017-12-31 | 208.87 | -6.93 | 59.72 | 3.50 |
| 2017-09-30 | 209.93 | 0.66 | 59.18 | 3.50 |
| 2017-06-30 | 207.02 | 0.99 | 58.51 | 3.50 |
| 2017-03-31 | 207.42 | -13.97 | 62.92 | 1.80 |
| 2016-12-31 | 207.08 | -12.59 | 61.41 | 1.80 |
| 2016-09-30 | 207.56 | -13.19 | 61.27 | 1.80 |
| 2016-06-30 | 209.69 | -14.13 | 60.42 | 2.90 |
| 2016-03-31 | 216.48 | 0.31 | 58.57 | 1.70 |
| 2015-12-31 | 222.27 | 2.15 | 60.32 | 1.70 |
| 2015-09-30 | 232.42 | 4.14 | 63.99 | 1.70 |
| 2015-06-30 | 241.55 | 5.24 | 66.39 | 1.70 |
| 2015-03-31 | 249.63 | 8.84 | 68.56 | 1.40 |
| 2014-12-31 | 251.80 | 8.08 | 69.33 | 1.40 |
| 2014-09-30 | 249.82 | 7.42 | 68.79 | 1.40 |
| 2014-06-30 | 247.13 | 6.71 | 67.78 | 1.40 |
| 2014-03-31 | 244.78 | 4.88 | 68.95 | 1.30 |
| 2013-12-31 | 246.36 | 1.71 | 70.31 | 1.30 |
| 2013-09-30 | 244.35 | 0.41 | 70.29 | 1.30 |
| 2013-06-30 | 243.80 | -0.16 | 71.79 | 1.30 |
| 2013-03-31 | 246.64 | -6.01 | 74.35 | 2.20 |
| 2012-12-31 | 251.31 | -2.95 | 75.33 | 2.20 |
| 2012-09-30 | 253.70 | -1.71 | 76.33 | 2.20 |
| 2012-06-30 | 260.15 | 0.89 | 78.73 | 0.90 |
| 2012-03-31 | 261.39 | 7.10 | 76.74 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- L.S. Starrett has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- L.S. Starrett used its assets less efficiently than the US Machinery industry average last year based on Return on Assets.
- L.S. Starrett has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess L.S. Starrett's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Machinery industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
L.S. Starrett has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
SCX Health
How is L.S. Starrett's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up L.S. Starrett's finances.
The net worth of a company is the difference between its assets and liabilities.
- L.S. Starrett is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- L.S. Starrett's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 5.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from L.S. Starrett Company Filings, last reported 2 months ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 88.79 | 20.43 | 13.43 |
| 2018-09-30 | 86.99 | 20.35 | 14.02 |
| 2018-06-30 | 87.87 | 20.96 | 14.83 |
| 2018-03-31 | 87.06 | 22.42 | 15.44 |
| 2017-12-31 | 85.03 | 22.31 | 15.13 |
| 2017-09-30 | 93.67 | 17.21 | 12.12 |
| 2017-06-30 | 92.03 | 17.61 | 14.61 |
| 2017-03-31 | 97.02 | 17.50 | 17.06 |
| 2016-12-31 | 96.97 | 17.89 | 16.73 |
| 2016-09-30 | 90.92 | 18.27 | 21.31 |
| 2016-06-30 | 91.51 | 18.65 | 19.79 |
| 2016-03-31 | 106.58 | 19.03 | 22.23 |
| 2015-12-31 | 103.77 | 19.41 | 18.38 |
| 2015-09-30 | 103.87 | 20.31 | 20.50 |
| 2015-06-30 | 114.43 | 20.10 | 18.96 |
| 2015-03-31 | 119.83 | 21.11 | 21.06 |
| 2014-12-31 | 126.93 | 21.51 | 23.93 |
| 2014-09-30 | 129.75 | 21.89 | 26.62 |
| 2014-06-30 | 136.31 | 21.35 | 24.96 |
| 2014-03-31 | 130.54 | 22.13 | 24.57 |
| 2013-12-31 | 127.58 | 22.61 | 24.95 |
| 2013-09-30 | 128.38 | 23.91 | 29.32 |
| 2013-06-30 | 126.74 | 25.81 | 27.41 |
| 2013-03-31 | 124.44 | 27.03 | 20.46 |
| 2012-12-31 | 127.35 | 31.53 | 22.70 |
| 2012-09-30 | 127.67 | 30.64 | 23.73 |
| 2012-06-30 | 127.84 | 31.19 | 23.78 |
| 2012-03-31 | 148.49 | 31.84 | 20.76 |
- L.S. Starrett's level of debt (23%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (17.7% vs 23% today).
- Debt is well covered by operating cash flow (30.5%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 11x coverage).
Financial health checks
We assess L.S. Starrett's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) L.S. Starrett has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
SCX Dividends
What is L.S. Starrett's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
L.S. Starrett
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate L.S. Starrett's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate L.S. Starrett's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| United States of America Machinery Industry Average Dividend Yield | Market Cap Weighted Average of 78 Stocks | 2% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2004 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-01-31 | 0.000 | 0.000 |
| 2018-10-31 | 0.000 | 0.000 |
| 2018-08-24 | 0.000 | 0.000 |
| 2018-05-02 | 0.000 | 0.000 |
| 2018-02-01 | 0.400 | 5.546 |
| 2017-10-27 | 0.400 | 4.778 |
| 2017-08-25 | 0.400 | 4.867 |
| 2017-04-28 | 0.400 | 4.727 |
| 2017-02-03 | 0.400 | 3.738 |
| 2016-10-27 | 0.400 | 4.006 |
| 2016-08-24 | 0.400 | 3.943 |
| 2016-04-21 | 0.400 | 3.439 |
| 2016-02-03 | 0.400 | 4.049 |
| 2015-11-04 | 0.400 | 4.026 |
| 2015-08-25 | 0.400 | 3.109 |
| 2015-05-04 | 0.400 | 2.414 |
| 2015-02-05 | 0.400 | 1.985 |
| 2014-11-05 | 0.400 | 2.356 |
| 2014-09-11 | 0.400 | 2.755 |
| 2014-09-10 | 0.400 | 2.536 |
| 2014-05-05 | 0.400 | 2.574 |
| 2014-01-30 | 0.400 | 2.394 |
| 2013-11-05 | 0.400 | 2.914 |
| 2013-09-05 | 0.400 | 3.588 |
| 2013-05-10 | 0.400 | 3.892 |
| 2013-02-07 | 0.400 | 3.762 |
| 2012-11-06 | 0.400 | 3.851 |
| 2012-09-12 | 0.400 | 3.280 |
| 2012-05-08 | 0.400 | 3.401 |
| 2012-04-16 | 0.400 | 3.111 |
| 2012-02-07 | 0.400 | 3.122 |
| 2011-11-08 | 0.400 | 3.089 |
| 2011-09-14 | 0.320 | 2.879 |
| 2010-11-04 | 0.240 | 1.994 |
| 2010-09-21 | 0.240 | 2.161 |
| 2010-05-06 | 0.240 | 2.509 |
| 2010-02-04 | 0.240 | 2.237 |
| 2009-11-05 | 0.480 | 4.963 |
| 2009-09-10 | 0.480 | 4.557 |
| 2009-03-23 | 0.520 | 6.330 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as L.S. Starrett has not reported any payouts.
- Unable to verify if L.S. Starrett's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess L.S. Starrett's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can L.S. Starrett afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) L.S. Starrett has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
SCX Management
CEO
| COMPENSATION | $641,010 |
| AGE | 66 |
| TENURE AS CEO | 17.5 years |
CEO Bio
Mr. Douglas A. Starrett has been the Chief Executive Officer at The L.S. Starrett Company since September 9, 2001 and has been its President since 1995. Mr. Starrett served as Chairman of The L.S. Starrett Company and has been its Director since 1984. He holds B.S. in Business from Miami University in the year 1969-1973.
CEO Compensation
- Douglas's compensation has been consistent with company performance over the past year.
- Douglas's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the L.S. Starrett management team in years:
- The average tenure for the L.S. Starrett management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Douglas Starrett
President
$641K
66
17.5 yrs
Francis O'Brien
CFO & Treasurer
$324K
70
9.3 yrs
Anthony Aspin
Vice President of Sales
$260K
65
19.2 yrs
Board of Directors Tenure
Average tenure and age of the L.S. Starrett board of directors in years:
- The tenure for the L.S. Starrett board of directors is about average.
Board of Directors
Richard Kennedy
Independent Director
$58K
75
23.2 yrs
Douglas Starrett
President
$641K
66
35.2 yrs
Terry Piper
Independent Director
$56K
73
15.3 yrs
David Lemoine
Independent Director
$60K
70
8.5 yrs
Tom Riordan
Independent Director
$28K
61
1.2 yrs
Russell Carreker
Director
$19K
54
1.2 yrs
Chris Gahagan
Independent Director
$28K
54
1.2 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 14. Dec 18 | Buy | Christopher Gahagan | Individual | 06. Dec 18 | 06. Dec 18 | 833 | $4.98 | $4,148 | ||
| 14. Dec 18 | Buy | Russell Carreker | Individual | 06. Dec 18 | 06. Dec 18 | 833 | $4.98 | $4,148 | ||
| 14. Dec 18 | Buy | Thomas Riordan | Individual | 06. Dec 18 | 06. Dec 18 | 833 | $4.98 | $4,148 | ||
| 28. Nov 18 | Buy | Richard Kennedy | Individual | 13. Sep 18 | 13. Sep 18 | 600 | $6.45 | $3,870 | ||
| 28. Nov 18 | Buy | Richard Kennedy | Individual | 13. Sep 18 | 13. Sep 18 | 833 | $6.20 | $5,165 | ||
| 28. Nov 18 | Buy | Francis O'Brien | Individual | 13. Sep 18 | 13. Sep 18 | 1,000 | $6.45 | $6,450 | ||
| 28. Nov 18 | Buy | Anthony Aspin | Individual | 13. Sep 18 | 13. Sep 18 | 666 | $6.45 | $4,296 | ||
| 28. Nov 18 | Buy | Terry Piper | Individual | 13. Sep 18 | 13. Sep 18 | 600 | $6.45 | $3,870 | ||
| 28. Nov 18 | Buy | Terry Piper | Individual | 13. Sep 18 | 13. Sep 18 | 833 | $6.20 | $5,165 | ||
| 28. Nov 18 | Buy | Douglas Starrett | Individual | 13. Sep 18 | 13. Sep 18 | 2,334 | $6.45 | $15,054 | ||
| 28. Nov 18 | Buy | David Lemoine | Individual | 13. Sep 18 | 13. Sep 18 | 600 | $6.45 | $3,870 | ||
| 28. Nov 18 | Buy | David Lemoine | Individual | 13. Sep 18 | 13. Sep 18 | 833 | $6.20 | $5,165 | ||
Management checks
We assess L.S. Starrett's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) L.S. Starrett has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
SCX News
Simply Wall St News
Do Institutions Own The L.S. Starrett Company (NYSE:SCX) Shares?
Starrett Company (NYSE:SCX) should be aware of the most powerful shareholder groups. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Starrett is a smaller company with a market capitalization of US$51m, so it may still be flying under the radar of many institutional investors.
Simply Wall St - – Full articleWhat You Must Know About The L.S. Starrett Company's (NYSE:SCX) Financial Strength
Help shape the future of investing tools and you could win a $250 gift card! … Investors are always looking for growth in small-cap stocks like The L.S. … Evaluating financial health as part of your investment thesis is
Simply Wall St - – Full articleIs The L.S. Starrett Company (NYSE:SCX) Excessively Paying Its CEO?
Starrett Company (NYSE:SCX) since 2001. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Douglas Starrett's Compensation Compare With Similar Sized Companies?
Simply Wall St - – Full articleDoes The LS Starrett Company (NYSE:SCX) Have A Volatile Share Price?
Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility).
Simply Wall St - – Full articleWhat Kind Of Shareholder Owns Most The LS Starrett Company (NYSE:SCX) Stock?
A look at the shareholders of The LS Starrett Company (NYSE:SCX) can tell us which group is most powerful. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Starrett is a smaller company with a market capitalization of US$40m, so it may still be flying under the radar of many institutional investors.
Simply Wall St - – Full articleHow Much Did The LS Starrett Company's (NYSE:SCX) CEO Pocket Last Year?
How Does Douglas Starrett's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below US$200m. … Thus we can conclude that Douglas Starrett receives more in total compensation than the median of a group of companies in the same market, and of similar size to The LS Starrett Company
Simply Wall St - – Full articleWhat Should You Know About The LS Starrett Company's (NYSE:SCX) Capital Returns?
You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Starrett’s capital returns we will look at a useful metric called return on capital employed. … What is Return on Capital Employed (ROCE)?
Simply Wall St - – Full articleCan The LS Starrett Company (NYSE:SCX) Improve Your Portfolio Returns?
The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock. … The second risk is market-wide, which arises from investing in the stock market. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one.
Simply Wall St - – Full articleWho Are The LS Starrett Company's (NYSE:SCX) Major Shareholders?
In this article, I'm going to take a look at The LS Starrett Company’s (NYSE:SCX) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … Although this is an important factor for long-term investors, many investors can also be impacted by institutional presence and their high-volume trading.
Simply Wall St - – Full articleWhat You Must Know About The LS Starrett Company's (NYSE:SCX) Financial Strength
While small-cap stocks, such as The LS Starrett Company (NYSE:SCX) with its market cap of US$45.80m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.
Simply Wall St - – Full articleSCX Company Info
Description
The L.S. Starrett Company, together with its subsidiaries, manufactures and sells industrial, professional, and consumer measuring and cutting tools, and related products primarily in North America, Brazil, China, the United Kingdom, Australia, and New Zealand. The company’s products include precision tools, electronic gages, 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, dial indicators, steel rules, and combination squares, as well as custom, non-contact, and in-process gaging products; and force measurement and material test equipment. In addition, the company offers material test systems comprising hardware and software; manual and automated field of view measurement systems; and 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, 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.
Details
| Name: | The L.S. Starrett Company |
| SCX | |
| Exchange: | NYSE |
| Founded: | 1880 |
| $52,478,241 | |
| 6,892,225 | |
| Website: | http://www.starrett.com |
| Address: |
The L.S. Starrett Company 121 Crescent Street, Athol, Massachusetts, 01331, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NYSE | SCX | Class A Common Stock | New York Stock Exchange | US | USD | 02. Jan 1968 | |
| OTCPK | SCXL.B | Class B Common Stock | Pink Sheets LLC | US | USD | 16. Jun 2003 |
Number of employees
Current staff
Industry
| Industrial Machinery | |
| Capital Goods |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/03/20 23:46 |
| End of day share price update: | 2019/03/20 00:00 |
| Last earnings filing: | 2019/01/31 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/06/30 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
