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NYSE:SRI

Stoneridge (SRI) Stock Price, News & Analysis

Stoneridge logo
$5.69 -0.06 (-1.04%)
(As of 12/20/2024 05:16 PM ET)

About Stoneridge Stock (NYSE:SRI)

Key Stats

Today's Range
$5.67
$5.99
50-Day Range
$5.69
$10.24
52-Week Range
$5.52
$19.91
Volume
527,526 shs
Average Volume
185,731 shs
Market Capitalization
$157.54 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.00
Consensus Rating
Buy

Company Overview

Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. The company operates through three segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment offers actuators, sensors, switches, actuators, and connectors that monitor, measure, or activate specific functions within a vehicle. The Electronics segment designs and manufactures driver information systems, vision and safety systems, connectivity and compliance products, and electronic control units. Its products collect, store, and display vehicle information, such as speed, pressure, maintenance data, trip information, operator performance, temperature, distance traveled, and driver messages related to vehicle performance. This segment also offers electronic control units that regulate, coordinate, monitor, and direct the operation of the electrical system within a vehicle. The Stoneridge Brazil segment designs, manufactures, and sells vehicle tracking devices and monitoring services; vehicle security alarms and convenience accessories, including parking sensors and rearview cameras; in-vehicle audio and infotainment devices; and driver information systems and telematics solutions. The company provides its products and systems to various original equipment manufacturers and tier 1 customers, as well as aftermarket distributors. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan.

Stoneridge Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
87th Percentile Overall Score

SRI MarketRank™: 

Stoneridge scored higher than 87% of companies evaluated by MarketBeat, and ranked 132nd out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Stoneridge has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Stoneridge has only been the subject of 1 research reports in the past 90 days.

  • Read more about Stoneridge's stock forecast and price target.
  • Earnings Growth

    Earnings for Stoneridge are expected to grow in the coming year, from ($0.42) to $0.10 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Stoneridge is -21.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Stoneridge is -21.07, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Stoneridge has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.93% of the float of Stoneridge has been sold short.
  • Short Interest Ratio / Days to Cover

    Stoneridge has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Stoneridge has recently decreased by 24.63%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Stoneridge does not currently pay a dividend.

  • Dividend Growth

    Stoneridge does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.93% of the float of Stoneridge has been sold short.
  • Short Interest Ratio / Days to Cover

    Stoneridge has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Stoneridge has recently decreased by 24.63%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Stoneridge has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Computer and Technology companies.
  • MarketBeat Follows

    Only 1 people have added Stoneridge to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Stoneridge insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.30% of the stock of Stoneridge is held by insiders.

  • Percentage Held by Institutions

    98.07% of the stock of Stoneridge is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Stoneridge's insider trading history.
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SRI Stock News Headlines

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It's a groundbreaking opportunity that could be poised for extraordinary gains. The catalyst behind this surge is a massive new blockchain development…
Stoneridge Reports Q3 2024 Results Amid Market Challenges
Stoneridge price target lowered to $16 from $25-$30 at Barrington
See More Headlines

SRI Stock Analysis - Frequently Asked Questions

Stoneridge's stock was trading at $19.57 on January 1st, 2024. Since then, SRI shares have decreased by 70.9% and is now trading at $5.69.
View the best growth stocks for 2024 here
.

Stoneridge, Inc. (NYSE:SRI) posted its quarterly earnings data on Wednesday, October, 30th. The auto parts company reported ($0.24) earnings per share for the quarter, missing analysts' consensus estimates of $0.08 by $0.32. The company's revenue for the quarter was down 10.2% on a year-over-year basis.

Top institutional shareholders of Stoneridge include Thrivent Financial for Lutherans (10.96%), ArrowMark Colorado Holdings LLC (5.34%), Royce & Associates LP (4.90%) and State Street Corp (2.27%). Insiders that own company stock include Kim Korth, James Zizelman, Rajaey Kased and Jonathan B Degaynor.
View institutional ownership trends
.

Shares of SRI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Stoneridge investors own include Waste Connections (WCN), American Water Works (AWK), The RMR Group (RMR), Voyager Therapeutics (VYGR), AUO (AUOTY), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

Last Earnings
10/30/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Motor vehicle parts & accessories
Sub-Industry
Auto Parts & Equipment
CUSIP
86183P10
Employees
4,850
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.00
High Stock Price Target
$16.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+181.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-5,180,000.00
Pretax Margin
-0.46%

Debt

Sales & Book Value

Annual Sales
$919.56 million
Cash Flow
$1.03 per share
Book Value
$10.44 per share

Miscellaneous

Free Float
27,051,000
Market Cap
$157.54 million
Optionable
Optionable
Beta
1.34

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This page (NYSE:SRI) was last updated on 12/21/2024 by MarketBeat.com Staff
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