LS Starrett Company (The) Stock News

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SCX manufactures a gigantic array of tools that are sold to several industries and to consumers.

Recent performance, from a share price perspective, for investors in The L.S. Starrett Company has been disappointing.

The L.S. Starrett press release (SCX): FQ2 GAAP EPS of $0.34.Revenue of $61.31M (+13.4% Y/Y).

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 and six months ending December 31, 2021. Fiscal 2022 Second Quarter Financial Highlights Net sales of $61.3 million were up 13% compared to the second quarter o

The L.S. Starrett Company (NYSE:SCX) was the recipient of a significant drop in short interest in the month of November. As of November 30th, there was short interest totalling 8,600 shares, a drop of 50.9% from the November 15th total of 17,500 shares. Approximately 0.2% of the shares of the company are sold short. Based []

Morgan Stanley boosted its position in shares of The L.S. Starrett Company (NYSE:SCX) by 1.7% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 373,335 shares of the companys stock after acquiring an additional 6,399 shares during the quarter. Morgan Stanley owned 5.26% [] The post Morgan Stanley Acquires 6,399 Shares of The L.S. Starrett Company (NYSE:SCX) appeared first on ETF Daily News .

With the lawsuits against the Lower East Side neighborhoods projects over, Starrett looks to sell its site for about $100 million.

Jeremy Blum is primarily a microcap and small cap investor of deep value stocks though he casts a wide net. He has a specialty in turnaround situations. Investing in turnarounds (and what to look for)

L.S. Starrett is a microcap tool manufacturer that has rallied on strong and accelerating earnings over the past four quarters. Yet it still trades at a PE ratio of about 6.

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 an

ATHOL, Mass.--(BUSINESS WIRE)--The L. S. Starrett Company (NYSE: SCX) (Starrett or the Company), a leading manufacturer of high-end precision tools, cutting equipment, and metrology systems for indust

L.S. Starrett is a microcap tool manufacturer that rallied some on good earnings last month. Rapidly improving earnings and revenue and a PE ratio of 6 indicate it is still way undervalued.

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