Should I buy or sell Stoneridge stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stoneridge in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research 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 start of the year. Since then, SRI stock has 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 days-to-cover 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) issued its quarterly earnings data on Wednesday, February, 28th. The auto parts company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.02. The auto parts company earned $229.50 million during the quarter, compared to analysts' expectations of $234.20 million. Stoneridge had a negative net margin of 0.53% and a negative trailing twelve-month return on equity of 0.72%. The firm's quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the business 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 earnings per share 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

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Free SRI Stock Alerts

$15.35

+0.28 (+1.86%)

(As of 04/18/2024 ET)

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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: 96,251 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: 0.63
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.

1.73 out of 5 stars

Computer And Technology Sector

445th out of 583 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.

2.6

News and Social Media Coverage

News Sentiment
Stoneridge has a news sentiment score of 0.63. 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 0.50 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.

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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 19, 2024 | InvestorPlace (Ad)

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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 19, 2024 | InvestorPlace (Ad)

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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

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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: 51.17
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: 0.44
Cash Flow: $1.16 per share
Price / Cash Flow: 13.28
Book Value: $10.44 per share
Price / Book: 1.47

Miscellaneous

Outstanding Shares: 27,670,000
Free Float: 27,030,000
Market Cap: $424.73 million
Optionable: Optionable
Beta: 1.39

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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 research analysts have issued "buy," "hold," and "sell" ratings for Stoneridge in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research 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 start of the year. Since then, SRI stock has 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 days-to-cover 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) issued its quarterly earnings data on Wednesday, February, 28th. The auto parts company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.02. The auto parts company earned $229.50 million during the quarter, compared to analysts' expectations of $234.20 million. Stoneridge had a negative net margin of 0.53% and a negative trailing twelve-month return on equity of 0.72%. The firm's quarterly revenue was down .7% on a year-over-year basis. During the same quarter in the prior year, the business 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 earnings per share 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 4/19/2024 by MarketBeat.com Staff

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Stoneridge (SRI) Stock Price, News & Analysis

Stoneridge MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Stoneridge Stock (NYSE:SRI)

SRI Stock Price History

SRI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

SRI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™