Should I buy or sell Stoneridge stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stoneridge in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SRI shares. View SRI analyst ratings or view top-rated stocks .

How have SRI shares performed in 2024?

Stoneridge's stock was trading at $19.57 at the beginning of the year. Since then, SRI shares have decreased by 21.6% and is now trading at $15.35. View the best growth stocks for 2024 here .

Are investors shorting Stoneridge?

Stoneridge saw a increase in short interest in March. As of March 15th, there was short interest totaling 716,400 shares, an increase of 22.3% from the February 29th total of 586,000 shares. Based on an average daily volume of 93,700 shares, the short-interest ratio is currently 7.6 days. Currently, 2.7% of the company's shares are short sold. View Stoneridge's Short Interest .

When is Stoneridge's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our SRI earnings forecast .

How were Stoneridge's earnings last quarter?

Stoneridge, Inc. (NYSE:SRI) released its quarterly earnings data on Wednesday, February, 28th. The auto parts company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.02. The auto parts company had revenue of $229.50 million for the quarter, compared to analysts' expectations of $234.20 million. Stoneridge had a negative trailing twelve-month return on equity of 0.72% and a negative net margin of 0.53%. The company's revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.11 earnings per share.

What guidance has Stoneridge issued on next quarter's earnings?

Stoneridge issued an update on its FY24 earnings guidance on Wednesday, February, 28th. The company provided earnings per share (EPS) guidance of $0.30-0.40 for the period, compared to the consensus estimate of $0.45. The company issued revenue guidance of $0.99-1.01 billion, compared to the consensus revenue estimate of $999.51 million.

What is John C. Corey's approval rating as Stoneridge's CEO?

19 employees have rated Stoneridge Chief Executive Officer John C. Corey on Glassdoor.com . John C. Corey has an approval rating of 77% among the company's employees.

What other stocks do shareholders of Stoneridge own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Stoneridge investors own include Hawkins (HWKN) , Xtrackers California Municipal Bond ETF (CA) , XOMA (XOMA) , Endologix (ELGX) , BlackRock (BLK) , NVIDIA (NVDA) , STMicroelectronics (STM) , Vuzix (VUZI) , Micron Technology (MU) and Sangamo Therapeutics (SGMO) .

How do I buy shares of Stoneridge?

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 .

NYSE:SRI

Stoneridge (SRI) Stock Price, News & Analysis

→ This consistently signaled gains of 453%... 610%... and even 1036%... (From Insiders Exposed) (Ad)

Free SRI Stock Alerts

$15.35

+0.28 (+1.86%)

(As of 04/18/2024 ET)

Compare

Today's Range: $15.13
▼
$15.48
50-Day Range: $15.07
▼
$19.24
52-Week Range: $14.18
▼
$24.51

Volume: 101,158 shs
Average Volume: 93,651 shs
Market Capitalization: $424.73 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Get Stoneridge alerts:

Stoneridge MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.70% of Float Sold Short
Dividend Strength: N/A
Sustainability: -2.89
Upright™ Environmental Score
News Sentiment: 0.94
Based on 2 Articles This Week
Insider Trading: Selling Shares
$145,104 Sold Last Quarter
Proj. Earnings Growth: 133.33%
From $0.30 to $0.70 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.80 out of 5 stars

Computer And Technology Sector

449th out of 587 stocks

Motor Vehicle Parts & Accessories Industry

27th out of 31 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Stoneridge.

3.0

Short Interest

Percentage of Shares Shorted
2.70% 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 7.8.
Change versus previous month
Short interest in Stoneridge has recently decreased by 1.62%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Stoneridge does not currently pay a dividend.
Dividend Growth
Stoneridge does not have a long track record of dividend growth.

2.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Stoneridge has received a 2.03% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Vehicle control units", "Road vehicle control modules", and "Driver monitoring systems for road freight transport services" products. See details.
Environmental Sustainability
The Environmental Impact score for Stoneridge is -2.89.

2.7

News and Social Media Coverage

News Sentiment
Stoneridge has a news sentiment score of 0.94. 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 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Stoneridge this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Stoneridge to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Stoneridge insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $145,104.00 in 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.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Stoneridge are expected to grow by 133.33% in the coming year, from $0.30 to $0.70 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Stoneridge is -80.79, 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 -80.79, 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 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Insiders Exposed

The Hard Truth About Investing For Retirement

Here’s the cold, hard truth about investing: The more capital you have, the more risk averse you can afford to be. But when you’re staring down the barrel of retirement and you’ve only got 5, 10, 50 or $100,000 saved, you’ve got to be more aggressive. In an exclusive online training, the Market expert Steven Place is revealing a powerful “roadmap” that’s leading everyday investors to easy, triple-digit wins, even if they don’t have a lot of experience in trading.

Click To Access This Powerful Training Right Now!

About Stoneridge Stock (NYSE:SRI)

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.

SRI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SRI Stock News Headlines

April 18, 2024 | prnewswire.com

Stoneridge, Inc. To Broadcast Its First-Quarter 2024 Conference Call On The Web

April 13, 2024 | finance.yahoo.com

Shareholders in Stoneridge (NYSE:SRI) are in the red if they invested five years ago

April 18, 2024 | DTI (Ad)

Start loving Mondays like this

Wouldn’t you love to start looking forward to Mondays? We’re in a New Paradigm Shift in the market that could make it possible! You see, rallies over the weekends have become much more common in the last few years. Imagine hitting a few buttons on your phone or laptop to place a quick trade before the weekend hits… And coming back on Monday to what could be extra income sitting in your account… Weekend after weekend!

April 10, 2024 | prnewswire.com

Stoneridge Releases Inaugural Sustainability Report

April 9, 2024 | americanbankingnews.com

Stoneridge (NYSE:SRI) Stock Price Crosses Above 200 Day Moving Average of $17.69

March 22, 2024 | prnewswire.com

Cargo Transporters, Inc. Adopts Stoneridge's MirrorEye® Camera Monitor System

March 15, 2024 | finanznachrichten.de

Stoneridge, Inc.: Stoneridge Appoints Troy Cooprider as Chief Technology Officer

March 14, 2024 | finance.yahoo.com

Stoneridge Appoints Troy Cooprider as Chief Technology Officer

April 18, 2024 | DTI (Ad)

Start loving Mondays like this

March 8, 2024 | finance.yahoo.com

Director Kim Korth Sells 7,745 Shares of Stoneridge Inc (SRI)

March 3, 2024 | finance.yahoo.com

Earnings Update: Stoneridge, Inc. (NYSE:SRI) Just Reported Its Annual Results And Analysts Are Updating Their Forecasts

March 2, 2024 | seekingalpha.com

Stoneridge, Inc. (SRI) Q4 2023 Earnings Call Transcript

March 2, 2024 | markets.businessinsider.com

Stoneridge Maintains Buy Rating Amid Resilience and Strategic Cost-Saving Initiatives

March 1, 2024 | finance.yahoo.com

Stoneridge Full Year 2023 Earnings: Beats Expectations

March 1, 2024 | finance.yahoo.com

Stoneridge, Inc. (NYSE:SRI) Q4 2023 Earnings Call Transcript

February 29, 2024 | finanznachrichten.de

Stoneridge, Inc.: Stoneridge Reports Fourth Quarter 2023 Results

February 29, 2024 | seekingalpha.com

Stoneridge, Inc. 2023 Q4 - Results - Earnings Call Presentation

February 28, 2024 | markets.businessinsider.com

Stoneridge FY Loss Narrows

February 28, 2024 | finance.yahoo.com

Stoneridge Inc (SRI) Reports Q4 2023 Results and Provides 2024 Outlook

February 28, 2024 | prnewswire.com

Stoneridge Reports Fourth Quarter 2023 Results

February 27, 2024 | benzinga.com

6SRI : Stoneridge Earnings Preview

February 27, 2024 | prnewswire.com

Stoneridge Launching MirrorEye® Camera Monitor System with Volvo Trucks on Global Heavy-Duty Truck Platforms

February 25, 2024 | au.finance.yahoo.com

Stoneridge, Inc. (SRI)

February 23, 2024 | benzinga.com

Stoneridge Stock (NYSE:SRI) Dividends: History, Yield and Dates

February 15, 2024 | finance.yahoo.com

Stoneridge, Inc. To Broadcast Its Fourth-Quarter 2023 Conference Call On The Web

February 15, 2024 | prnewswire.com

Stoneridge, Inc. To Broadcast Its Fourth-Quarter 2023 Conference Call On The Web

February 2, 2024 | finance.yahoo.com

Stoneridge's MirrorEye® Camera Monitor System Receives FMCSA Exemption Renewal

See More Headlines

Receive SRI Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Stoneridge and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 2/28/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Motor vehicle parts & accessories
Sub-Industry: Auto Parts & Equipment
Current Symbol: NYSE:SRI
CUSIP: 86183P10
CIK: 1043337
Web: www.stoneridge.com
Phone: (248) 489-9300
Fax: 330-856-3618
Employees: 4,850
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.19)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 50.23
P/E Growth: N/A
Net Income: $-5,180,000.00
Net Margins: -0.53%
Pretax Margin: -0.20%
Return on Equity: -0.72%
Return on Assets: -0.30%

Debt

Debt-to-Equity Ratio: 0.66
Current Ratio: 2.41
Quick Ratio: 1.36

Sales & Book Value

Annual Sales: $975.82 million
Price / Sales: 0.43
Cash Flow: $1.13 per share
Price / Cash Flow: 13.28
Book Value: $10.44 per share
Price / Book: 1.44

Miscellaneous

Outstanding Shares: 27,670,000
Free Float: 27,030,000
Market Cap: $416.99 million
Optionable: Optionable
Beta: 1.39

7 Energy Stocks to Buy and Hold Forever

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

Key Executives

Mr. James Zizelman (Age 63)
President, CEO & Director
Comp: $423.78k
Mr. Matthew R. Horvath (Age 38)
CFO & Treasurer
Comp: $369.25k
Ms. Susan C. Benedict (Age 57)
Chief Human Resources Officer and Assistant General Counsel of Labor & Employment
Comp: $326.4k
Mr. Archie Nimmer III
Vice President of Global Operations
Mr. Robert J. Hartman Jr. (Age 57)
Chief Accounting Officer
Mr. Troy Cooprider
Chief Technology Officer
Ms. Theresa G. Mitchell
Chief Information Officer
Kelly K. Harvey
Director of Investor Relations
Samantha Simmerson
Manager of Global Marketing & Communications
Mr. Caetano Roberto Ferraiolo (Age 56)
President of Stoneridge Brazil Division

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SRI Stock Analysis - Frequently Asked Questions

Should I buy or sell Stoneridge stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stoneridge in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" SRI shares.
View SRI analyst ratings or view top-rated stocks.
How have SRI shares performed in 2024?: Stoneridge's stock was trading at $19.57 at the beginning of the year. Since then, SRI shares have decreased by 21.6% and is now trading at $15.35.
View the best growth stocks for 2024 here.
Are investors shorting Stoneridge?: Stoneridge saw a increase in short interest in March. As of March 15th, there was short interest totaling 716,400 shares, an increase of 22.3% from the February 29th total of 586,000 shares. Based on an average daily volume of 93,700 shares, the short-interest ratio is currently 7.6 days. Currently, 2.7% of the company's shares are short sold.
View Stoneridge's Short Interest.
When is Stoneridge's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our SRI earnings forecast.
How were Stoneridge's earnings last quarter?: Stoneridge, Inc. (NYSE:SRI) released its quarterly earnings data on Wednesday, February, 28th. The auto parts company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.02. The auto parts company had revenue of $229.50 million for the quarter, compared to analysts' expectations of $234.20 million. Stoneridge had a negative trailing twelve-month return on equity of 0.72% and a negative net margin of 0.53%. The company's revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.11 earnings per share.

What guidance has Stoneridge issued on next quarter's earnings?: Stoneridge issued an update on its FY24 earnings guidance on Wednesday, February, 28th. The company provided earnings per share (EPS) guidance of $0.30-0.40 for the period, compared to the consensus estimate of $0.45. The company issued revenue guidance of $0.99-1.01 billion, compared to the consensus revenue estimate of $999.51 million.
What is John C. Corey's approval rating as Stoneridge's CEO?: 19 employees have rated Stoneridge Chief Executive Officer John C. Corey on Glassdoor.com. John C. Corey has an approval rating of 77% among the company's employees.
What other stocks do shareholders of Stoneridge own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Stoneridge investors own include Hawkins (HWKN), Xtrackers California Municipal Bond ETF (CA), XOMA (XOMA), Endologix (ELGX), BlackRock (BLK), NVIDIA (NVDA), STMicroelectronics (STM), Vuzix (VUZI), Micron Technology (MU) and Sangamo Therapeutics (SGMO).
How do I buy shares of Stoneridge?: 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.

This page (NYSE:SRI) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial