STARRETT LS CLASS A stock forecast: down to 9.77 USD SCX stock price prognosis

STOCK

Forecast for Tue 16 Jan 2024 price 9.71

STARRETT LS CLASS A stock price forecast for further price development down to -10.23% (time horizon: 1 day) and price target of 9.77 USD. Short-term (time horizon: 2 weeks) STARRETT LS CLASS A share price prediction for 2024-01-16 with daily closed price projections

Key Facts

Symbol SCX 

ISIN US8556681091 

CUSIP 855668109


Currency USD


Category Cutlery, Handtools & General Hardware

Forecast price change %

Finance numbers

Revenue 200,883,000.0


Earnings per share -2.02


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

The exhibit index is located on pages 58-59. & Mine Safety Disclosures 13 & & & & & & PART II & & & & & & ITEM 5. Exhibits, Financial Statement Schedules 57 ITEM 16. These products encompass a breadth of uses. The headcount change included a decrease of 114 domestically and 4 internationally.& 3 & & None of the Company's operations are subject to collective bargaining agreements. The cost of producing the Company's products is also sensitive to the price of energy. As a result, our business is subject to risks associated with international operations. Gross margins increased $5.3 million or 8% from $69.6 million to $74.9 million. The income tax rate for fiscal 2018 was 174.7% on pre-tax income of $4.9 million. Proper management of these risks helps reduce the likelihood of earnings volatility. & When that is the case, revenue is deferred until each performance obligation is met. No performance obligation related amounts were deferred as of June 30, 2020. Purchase orders are of durations less than one year. Bytewise is tested in October and the software reporting unit is tested in February.& The Company believes this approach yields the most appropriate evidence of fair value.& See also Note 12 "Employee Benefit Plans" to the Consolidated Financial Statements). & We conducted our audits in accordance with the standards of the PCAOB. Minimum lease payments include only the fixed lease component of the agreement. & As a result, the balance sheet presentation was adjusted beginning in fiscal 2019. The Company also has defined contribution plans.& The U.K. Plan was closed to new entrants in fiscal 2009. & In February 2018, the FASB issued ASU No. Vested restricted stock units will be settled in A shares of common stock. The related expense is included in selling, general and administrative expenses. No additional options will be granted under the previous 2012 plan. As of June 30, 2020, the Company's financing leases are de minimis. The COVID-19 pandemic has had a negative impact on global sales. The Term Loan had a balance of $3.5 million at December 31, 2019. The unpaid amount of the restructuring charge at June 30, 2020 is $1.1 million. Emerson joined the Company in 2004 as the General Manager of Starrett China. These portions of the 2020 Proxy Statement are hereby incorporated by reference. & ( 333-184934) filed on November 14, 2012, is hereby incorporated by reference. & c)& & & & Modification of Interest Rate Margin. g)& & & & & Mandatory Principal Repayments.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/93676/000143774920020023/0001437749-20-020023.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 65.10/100
    • Good financial position.
    • Company revenue is growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - Atria Wealth Solutions, Inc. 2023-03-31 11846
A - OSAIC HOLDINGS, INC. 2023-06-30 1000
VANGUARD GROUP INC 2023-03-31 235944
STEEL PARTNERS HOLDINGS L.P. 2023-03-31 276844
CALDWELL SUTTER CAPITAL, INC. 2023-03-31 200

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Fidelity Concord Street Trust 2023-05-31 13475 Long
Fidelity Concord Street Trust 2023-08-31 13475 Long
Fidelity Concord Street Trust 2023-08-31 8386 Long
Fidelity Concord Street Trust 2023-08-31 32456 Long
Fidelity Concord Street Trust 2023-05-31 8386 Long

Insider trading for STARRETT LS CLASS A

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1792084 Tripp John C. 2023-03-06 SALE Accept Accept Accept Accept
1832023 Allen David T. 2023-03-08 SALE Accept Accept Accept 0


Bollinger Bollinger Bands for STARRETT LS CLASS A can provide the information where the market is moving based on price information.


STARRETT LS CLASS A Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns STARRETT LS CLASS A.


On-Balance Volume information for STARRETT LS CLASS A. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for STARRETT LS CLASS A. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for STARRETT LS CLASS A. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for STARRETT LS CLASS A. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for STARRETT LS CLASS A. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for STARRETT LS CLASS A. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for STARRETT LS CLASS A. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


52W High 52W Low Market Cap

Similar shares


STARRETT LS CLASS A on Nasdaq

STARRETT LS CLASS A on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-01-02 9.77 2023-11-21 05:35
2024-01-01 9.78 2023-11-21 05:35
2024-01-03 9.76 2023-11-21 05:35
2024-01-04 9.75 2023-11-21 05:35
2024-01-05 9.75 2023-11-21 05:35
2024-01-12 9.72 2023-11-21 05:35
2023-12-11 9.82 2023-11-21 05:35
2023-12-12 9.84 2023-11-21 05:35
2024-01-15 9.72 2023-11-21 05:35
2024-01-16 9.71 2023-11-21 05:35
2023-12-13 9.83 2023-11-21 05:35
2023-12-14 9.84 2023-11-21 05:35
2024-01-08 9.74 2023-11-21 05:35
2024-01-09 9.73 2023-11-21 05:35
2023-12-15 9.82 2023-11-21 05:35
2023-12-20 9.80 2023-11-21 05:35
2023-12-22 9.78 2023-11-21 05:35
2024-01-10 9.73 2023-11-21 05:35
2023-12-18 9.82 2023-11-21 05:35
2023-12-19 9.81 2023-11-21 05:35
2023-12-21 9.79 2023-11-21 05:35
2023-12-25 9.79 2023-11-21 05:35
2023-12-26 9.79 2023-11-21 05:35
2024-01-11 9.73 2023-11-21 05:35
2023-12-27 9.79 2023-11-21 05:35
2023-12-28 9.78 2023-11-21 05:35
2023-12-29 9.78 2023-11-21 05:35

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.