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Stoneridge (SRI)
NYSE:SRI
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SRI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.99 - $19.92
Previous Close$11.37
Volume411.20K
Average Volume (3M)178.40K
Market Cap
$314.70M
Enterprise Value$467.88M
Total Cash (Recent Filing)$42.11M
Total Debt (Recent Filing)$195.29M
Price to Earnings (P/E)172.3
Beta0.88
Next Earnings
Oct 30, 2024EPS Estimate
$0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.07
Shares Outstanding27,677,748
10 Day Avg. Volume344,342
30 Day Avg. Volume178,401
Standard Deviation0.12
R-Squared0.32
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.16
Price to Sales (P/S)0.33
Price to Cash Flow (P/CF)9.10
P/FCF Ratio51.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.50
Enterprise Value/Gross Profit2.32
Enterprise Value/Ebitda26.95
Forecast
1Y Price Target
$24.25Price Target Upside113.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Stoneridge News
PremiumCompany Announcements
Stoneridge Releases Insights with Cautionary Forward-Looking Statements
PremiumPress Releases
Stoneridge Reports Second Quarter 2024 Results
PremiumPre-Earnings
Stoneridge (SRI) Q2 Earnings Cheat Sheet
PremiumCompany Announcements
Stoneridge Shareholders Approve Governance and Compensation Updates
PremiumCompany Announcements
Stoneridge Releases Financial Report with Cautionary StatementsBulls Say, Bears Say
Bulls Say
Financial ValuationSRI is undervalued as analysts calculate that on a sum of the parts basis, the stock is worth $26 per share.
Market ExpansionSRI has increased smart product content from 50% of sales in 2014 to almost 80% of sales in 2023.
Product AdoptionMirrorEye will become a 'must-have product' for Class 8 trucks as it dramatically improves driver visibility and safety.
Bears Say
Growth DragThe Control Devices segment will be a drag on growth due to the current state of the automotive OEM market, especially EV rollouts.
Guidance ReductionDespite a beat on Q2/24 expectations, guidance ranges were reduced due to volume headwinds on OEM programs on commercial vehicle end markets, reduced demand in North American passenger vehicle markets and the negative impact of FX.
Market EnvironmentThe Control Devices segment is operating in a challenged market environment due to sluggish new vehicle OEM production and slower-than-expected ramp-up of EV platforms.
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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 $10.99 and its highest was $19.92 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 Oct 30, 2024 which is in 9 days.
How were Stoneridge’s earnings last quarter?
Stoneridge released its earnings results on Jul 31, 2024. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of -$0.02 by $0.19.
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 $0.08.
How many shares outstanding does Stoneridge have?
Stoneridge has 27,677,748 shares outstanding.
What happened to Stoneridge’s price movement after its last earnings report?
Stoneridge reported an EPS of $0.17 in its last earnings report, beating expectations of -$0.02. Following the earnings report the stock price went up 6.187%.
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 19M.
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Stoneridge Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$24.25 (113.28% Upside)
$24.25 (113.28% Upside)
Blogger Sentiment
Bullish
SRI Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 115.2K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-42.83%
12-Months-Change
Fundamentals
Return on Equity
0.68%
Trailing 12-Months
Asset Growth
-2.75%
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.
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SRI Company Deck
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SRI Earnings Call
Q2 2024
0:00 / 0:00
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SRI Stock 12 Month Forecast
Average Price Target
$24.25
▲(113.28% Upside)
Technical Analysis
Best Analysts Covering SRI
1 Year
1 Year Success Rate
0/14 ratings generated profit
1 Year Average Return
-28.39%
reiterated a buy rating 27 days ago
Copying Gary Prestopino's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -28.39% per trade.
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