Stoneridge (SRI) Projected to Post Earnings on Wednesday

Stoneridge (NYSE:SRI - Get Free Report) is projected to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, August 6th. Analysts expect Stoneridge to post earnings of ($0.09) per share and revenue of $219.90 million for the quarter. Stoneridge has set its FY 2025 guidance at EPS.

Stoneridge (NYSE:SRI - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The auto parts company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.17) by ($0.02). Stoneridge had a negative return on equity of 4.66% and a negative net margin of 1.98%. The company had revenue of $217.89 million for the quarter, compared to analysts' expectations of $212.42 million. On average, analysts expect Stoneridge to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Stoneridge Trading Down 0.7%

Shares of NYSE SRI traded down $0.06 during trading on Friday, hitting $7.84. 131,169 shares of the company were exchanged, compared to its average volume of 551,102. Stoneridge has a 12-month low of $3.54 and a 12-month high of $18.40. The company has a debt-to-equity ratio of 0.80, a quick ratio of 1.52 and a current ratio of 2.39. The company has a fifty day moving average price of $6.39 and a 200-day moving average price of $5.29. The firm has a market capitalization of $218.20 million, a PE ratio of -12.24 and a beta of 1.42.

Analyst Ratings Changes

SRI has been the topic of several analyst reports. Wall Street Zen upgraded Stoneridge from a "hold" rating to a "buy" rating in a report on Tuesday, May 13th. Barrington Research reiterated an "outperform" rating and set a $16.00 price target on shares of Stoneridge in a report on Thursday, July 10th.

Institutional Trading of Stoneridge

Hedge funds and other institutional investors have recently modified their holdings of the business. Millennium Management LLC increased its position in shares of Stoneridge by 3.0% during the 1st quarter. Millennium Management LLC now owns 954,577 shares of the auto parts company's stock worth $4,382,000 after purchasing an additional 28,037 shares during the last quarter. AQR Capital Management LLC grew its position in Stoneridge by 213.7% in the 1st quarter. AQR Capital Management LLC now owns 533,470 shares of the auto parts company's stock valued at $2,449,000 after acquiring an additional 363,407 shares in the last quarter. Goldman Sachs Group Inc. grew its position in Stoneridge by 55.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 490,160 shares of the auto parts company's stock valued at $2,250,000 after acquiring an additional 175,736 shares in the last quarter. Finally, Strs Ohio acquired a new position in Stoneridge in the 1st quarter valued at about $39,000. 98.07% of the stock is owned by institutional investors and hedge funds.

About Stoneridge

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.