Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Stoneridge (SRI)
NYSE:SRI
Stoneridge (SRI) Stock Price & Analysis
98 Followers
SRI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$14.63 - $24.51
Previous Close$17.02
Volume23.83K
Average Volume (3M)122.54K
Market Cap
$461.83M
Enterprise Value$629.27M
Total Cash (Recent Filing)$40.84M
Total Debt (Recent Filing)$199.14M
Price to Earnings (P/E)-119.0
Beta1.11
Next Earnings
Jul 31, 2024EPS Estimate
-$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.14
Shares Outstanding27,671,231
10 Day Avg. Volume135,707
30 Day Avg. Volume122,540
Standard Deviation0.13
R-Squared0.36
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)2.27
Price to Sales (P/S)0.48
Price to Cash Flow (P/CF)11.00
P/FCF Ratio8.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.64
Enterprise Value/Gross Profit3.13
Enterprise Value/Ebitda58.89
Forecast
1Y Price Target
$27.50Price Target Upside64.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
Stoneridge News
PremiumCompany Announcements
Stoneridge Shareholders Approve Governance and Compensation Updates
PremiumCompany Announcements
Stoneridge Releases Financial Report with Cautionary Statements
PremiumPress Releases
Stoneridge Reports First Quarter 2024 Results
PremiumCompany Announcements
Stoneridge Shares Insights in Non-Regulatory Financial Report
PremiumPress Releases
Stoneridge Reports Fourth Quarter 2023 Results
Bulls Say, Bears Say
Bulls Say
EarningsSRI’s Q1/24 results included sales of $239.2 million, exceeding the analyst's revenue estimates of $221 million.
Growth OutlookThe Electronics segment expects continued strong sales growth in 2024 driven by new program launches and the ramp-up of recently launched programs.
Operational EfficiencyThe Electronics segment's operating margin improved by 330 basis points due to revenue growth and lower direct material costs.
Bears Say
Financial PerformanceAdjusted EBITDA was impacted by non-recurring items totaling a negative $4.3 million.
Sales ForecastControl Devices segment's sales are expected to slightly decline year-over-year, due to slower electric vehicle platform ramp-up.
Sales PerformanceControl Devices sales decreased 10% year-over-year due to slower demand for electric vehicle platforms and the wind-down of end-of-life programs.
---
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
SRI FAQ
What was Stoneridge’s price range in the past 12 months?
Stoneridge lowest stock price was $14.63 and its highest was $24.51 in the past 12 months.
What is Stoneridge’s market cap?
Currently, no data Available
When is Stoneridge’s upcoming earnings report date?
Stoneridge’s upcoming earnings report date is Jul 31, 2024 which is in 71 days.
How were Stoneridge’s earnings last quarter?
Stoneridge released its earnings results on May 01, 2024. The company reported -$0.22 earnings per share for the quarter, missing the consensus estimate of -$0.04 by -$0.18.
Is Stoneridge overvalued?
According to Wall Street analysts Stoneridge’s price is currently Undervalued.
Does Stoneridge pay dividends?
Stoneridge does not currently pay dividends.
What is Stoneridge’s EPS estimate?
Stoneridge’s EPS estimate is -$0.02.
How many shares outstanding does Stoneridge have?
Stoneridge has 27,671,230 shares outstanding.
What happened to Stoneridge’s price movement after its last earnings report?
Stoneridge reported an EPS of -$0.22 in its last earnings report, missing expectations of -$0.04. Following the earnings report the stock price went down -1.07%.
Which hedge fund is a major shareholder of Stoneridge?
Among the largest hedge funds holding Stoneridge’s share is Royce & Associates LLC. It holds Stoneridge’s shares valued at 21M.
---
Stoneridge Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$27.50 (64.77% Upside)
$27.50 (64.77% Upside)
Blogger Sentiment
Bullish
SRI Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 159.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $25.5K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
6.50%
12-Months-Change
Fundamentals
Return on Equity
-1.42%
Trailing 12-Months
Asset Growth
0.70%
Trailing 12-Months
Company Description
Stoneridge
Stoneridge, Inc. engages in the production of engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets. It operates through the following segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment designs and manufactures products that monitor, measure, and activate specific functions within a vehicle such as sensors, switches, valves, and actuators. The Electronics segment offers driver information systems, camera-based vision systems, connectivity and compliance products, and electronic control units. The Stoneridge Brazil segment sells vehicle tracking devices and monitoring services, vehicle security alarms and convenience accessories, in-vehicle audio and infotainment devices, and telematics solutions. The company was founded by D. M. Draime in 1965 and is headquartered in Novi, MI.
---
SRI Earnings Call
Q1 2024
0:00 / 0:00
---
SRI Stock 12 Month Forecast
Average Price Target
$27.50
▲(64.77% Upside)
Technical Analysis
Best Analysts Covering SRI
1 Year
1 Year Success Rate
2/14 ratings generated profit
1 Year Average Return
-21.81%
reiterated a buy rating 14 days ago
Copying Gary Prestopino's trades and holding each position for 1 Year would result in 14.29% of your transactions generating a profit, with an average return of -21.81% per trade.
---