NYSE:SRI Stoneridge (SRI) Stock Forecast, Price & News $16.51 +0.32 (+1.98%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$16.23▼$16.6050-Day Range$14.23▼$19.1652-Week Range$14.18▼$25.87Volume62,700 shsAverage Volume134,718 shsMarket Capitalization$454.19 millionP/E RatioN/ADividend YieldN/APrice Target$27.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Stoneridge MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside63.5% Upside$27.00 Price TargetShort InterestHealthy2.00% of Float Sold ShortDividend StrengthN/ASustainability-3.20Upright™ Environmental ScoreNews Sentiment-0.57Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.13) to $0.47 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.98 out of 5 starsComputer And Technology Sector418th out of 618 stocksMotor Vehicle Parts & Accessories Industry29th out of 35 stocks 3.5 Analyst's Opinion Consensus RatingStoneridge has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.00, Stoneridge has a forecasted upside of 63.5% from its current price of $16.51.Amount of Analyst CoverageStoneridge has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.00% of the float of Stoneridge has been sold short.Short Interest Ratio / Days to CoverStoneridge has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Stoneridge has recently increased by 31.55%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldStoneridge does not currently pay a dividend.Dividend GrowthStoneridge does not have a long track record of dividend growth. Previous Next 2.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreStoneridge has received a -0.51% net impact score from Upright. The largest negative impact of Stoneridge in category "GHG emissions" seems to be driven mostly by its "Car electric distribution systems", "Car sensors", and "Road vehicle control modules" products. See details.Environmental SustainabilityThe Environmental Impact score for Stoneridge is -3.20. Previous Next 1.3 News and Social Media Coverage News SentimentStoneridge has a news sentiment score of -0.57. 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 lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Stoneridge this week, compared to 1 article on an average week.MarketBeat Follows1 people have added Stoneridge to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Stoneridge insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.90% of the stock of Stoneridge is held by insiders.Percentage Held by Institutions97.54% of the stock of Stoneridge is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Stoneridge are expected to grow in the coming year, from ($0.13) to $0.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Stoneridge is -33.02, 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. SectorThe P/E ratio of Stoneridge is -33.02, 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 RatioStoneridge has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Stoneridge (NYSE:SRI) StockStoneridge, 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.Read More 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. Email Address SRI Stock News HeadlinesMay 29, 2023 | americanbankingnews.comStockNews.com Upgrades Stoneridge (NYSE:SRI) to BuyMay 26, 2023 | msn.comStephens & Co. Reiterates Stoneridge (SRI) Overweight RecommendationMay 30, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.May 19, 2023 | americanbankingnews.comStoneridge (NYSE:SRI) Upgraded to "Buy" by StockNews.comMay 10, 2023 | americanbankingnews.comStockNews.com Downgrades Stoneridge (NYSE:SRI) to HoldMay 3, 2023 | finance.yahoo.comStoneridge Reports First Quarter 2023 ResultsMay 1, 2023 | americanbankingnews.comStoneridge (SRI) to Release Earnings on WednesdayApril 20, 2023 | finance.yahoo.comSTONERIDGE, INC. TO BROADCAST ITS FIRST-QUARTER 2023 CONFERENCE CALL ON THE WEBMay 30, 2023 | Edge On The Street (Ad)How to Invest in AI's Fast-Growing MarketThe AI market stands at $160 billion in 2023. Estimates are the AI market will grow 20-fold to $1.8 TRILLION by 2030. One little-known company is looking to win big with a new network technology no one else has. AI could explode... and soon.April 19, 2023 | finance.yahoo.comInvestors in Stoneridge (NYSE:SRI) have unfortunately lost 31% over the last five yearsMarch 29, 2023 | americanbankingnews.comStoneridge (NYSE:SRI) Stock Rating Lowered by StockNews.comMarch 8, 2023 | finance.yahoo.comStoneridge Elects Sheila M. Rutt to Board of DirectorsMarch 7, 2023 | finance.yahoo.comStoneridge, Inc. (NYSE:SRI) Q4 2022 Earnings Call TranscriptMarch 4, 2023 | finance.yahoo.comStoneridge Full Year 2022 Earnings: Revenues Beat Expectations, EPS LagsMarch 4, 2023 | finance.yahoo.comStoneridge (NYSE:SRI) May Have Issues Allocating Its CapitalMarch 3, 2023 | finance.yahoo.comAre Options Traders Betting on a Big Move in Stoneridge (SRI) Stock?March 3, 2023 | finance.yahoo.comQ4 2022 Stoneridge Inc Earnings CallMarch 1, 2023 | finance.yahoo.comStoneridge Reports Fourth Quarter and Full-Year 2022 ResultsFebruary 27, 2023 | finance.yahoo.comStoneridge, KLLM Transport Services and Frozen Food Express Announce Adoption of Stoneridge's MirrorEye® Camera Monitor SystemFebruary 21, 2023 | finance.yahoo.comStoneridge Elects Carsten J. Reinhardt to Board of DirectorsFebruary 16, 2023 | finance.yahoo.comSTONERIDGE, INC. TO BROADCAST ITS FOURTH-QUARTER 2022 CONFERENCE CALL ON THE WEBFebruary 13, 2023 | finance.yahoo.comStoneridge Announces Continued Board Refreshment PlanFebruary 8, 2023 | finance.yahoo.comStoneridge Announces the Appointment of Jim Zizelman as President and Chief Executive OfficerJanuary 24, 2023 | finance.yahoo.comBullish Stoneridge, Inc. (NYSE:SRI) insiders filled their treasuries with US$525k worth of stock over last yearJanuary 11, 2023 | finance.yahoo.comPleasanton moving to allow hundreds of homes at Stoneridge MallNovember 7, 2022 | finance.yahoo.comStoneridge (NYSE:SRI) adds US$93m to market cap in the past 7 days, though investors from three years ago are still down 22%November 2, 2022 | finance.yahoo.comStoneridge Reports Third-Quarter 2022 ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address SRI Company Calendar Last Earnings5/03/2023Today5/29/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Motor vehicle parts & accessories Sub-IndustryAuto Parts & Equipment SectorComputer and Technology Current SymbolNYSE:SRI CUSIP86183P10 CIK1043337 Webwww.stoneridge.com Phone(248) 489-9300Fax330-856-3618Employees5,250Year FoundedN/APrice Target and Rating Average Stock Price Forecast$27.00 High Stock Price Forecast$27.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+63.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.50) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-14,060,000.00 Net Margins-1.49% Pretax Margin-1.37% Return on Equity-3.91% Return on Assets-1.65% Debt Debt-to-Equity Ratio0.61 Current Ratio2.09 Quick Ratio1.26 Sales & Book Value Annual Sales$899.92 million Price / Sales0.50 Cash Flow$0.76 per share Price / Cash Flow21.81 Book Value$10.28 per share Price / Book1.61Miscellaneous Outstanding Shares27,510,000Free Float26,165,000Market Cap$454.19 million OptionableOptionable Beta1.35 Key ExecutivesJames ZizelmanPresident, Chief Executive Officer & DirectorArchie NimmerVice President-Global OperationsMatthew R. HorvathChief Financial Officer & TreasurerTheresa G. MitchellChief Information OfficerStephen R. FoxVice President-Business DevelopmentKey CompetitorsCanaanNASDAQ:CANSeaChange InternationalNASDAQ:SEACBlink ChargingNASDAQ:BLNKMitek SystemsNASDAQ:MITKAmerican SoftwareNASDAQ:AMSWAView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Sold 984 shares on 5/22/2023Ownership: 0.508%Putnam Investments LLCBought 11,363 shares on 5/22/2023Ownership: 0.041%JPMorgan Chase & Co.Bought 5,699 shares on 5/18/2023Ownership: 0.077%New York State Common Retirement FundSold 5,085 shares on 5/18/2023Ownership: 0.048%Thrivent Financial for LutheransBought 677,632 shares on 5/17/2023Ownership: 7.451%View All Institutional Transactions SRI Stock - 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 year. 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. What is Stoneridge's stock price forecast for 2023? 1 Wall Street research analysts have issued 1 year target prices for Stoneridge's stock. Their SRI share price forecasts range from $27.00 to $27.00. On average, they anticipate the company's stock price to reach $27.00 in the next year. This suggests a possible upside of 63.5% from the stock's current price. View analysts price targets for SRI or view top-rated stocks among Wall Street analysts. How have SRI shares performed in 2023? Stoneridge's stock was trading at $21.56 at the beginning of 2023. Since then, SRI stock has decreased by 23.4% and is now trading at $16.51. View the best growth stocks for 2023 here. Are investors shorting Stoneridge? Stoneridge saw a increase in short interest in May. As of May 15th, there was short interest totaling 523,700 shares, an increase of 31.5% from the April 30th total of 398,100 shares. Based on an average daily trading volume, of 164,700 shares, the short-interest ratio is currently 3.2 days. Currently, 2.0% of the shares of the stock are sold short. 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, August 2nd 2023. View our SRI earnings forecast. How were Stoneridge's earnings last quarter? Stoneridge, Inc. (NYSE:SRI) posted its earnings results on Wednesday, May, 3rd. The auto parts company reported ($0.25) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.30) by $0.05. The auto parts company earned $241.30 million during the quarter, compared to the consensus estimate of $224.79 million. Stoneridge had a negative trailing twelve-month return on equity of 3.91% and a negative net margin of 1.49%. The firm's quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.27) EPS. What ETFs hold Stoneridge's stock? ETFs with the largest weight of Stoneridge (NYSE:SRI) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), iShares Self-Driving EV and Tech ETF (IDRV), What guidance has Stoneridge issued on next quarter's earnings? Stoneridge updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of -$0.10-$0.10 for the period, compared to the consensus earnings per share estimate of -$0.35. The company issued revenue guidance of $960.00 million-$990.00 million, compared to the consensus revenue estimate of $955.10 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), CA (CA), XOMA (XOMA), Endologix (ELGX), BlackRock (BLK), NVIDIA (NVDA), STMicroelectronics (STM), Vuzix (VUZI), Micron Technology (MU) and Sangamo Therapeutics (SGMO). What is Stoneridge's stock symbol? Stoneridge trades on the New York Stock Exchange (NYSE) under the ticker symbol "SRI." Who are Stoneridge's major shareholders? Stoneridge's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Thrivent Financial for Lutherans (7.45%), BlackRock Inc. (7.44%), Frontier Capital Management Co. LLC (6.13%), Cooke & Bieler LP (5.81%), Dimensional Fund Advisors LP (5.30%) and Pembroke Management LTD (3.98%). Insiders that own company stock include Jonathan B Degaynor, Laurent Borne and Robert J Jr Hartman. View institutional ownership trends. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Stoneridge's stock price today? One share of SRI stock can currently be purchased for approximately $16.51. How much money does Stoneridge make? Stoneridge (NYSE:SRI) has a market capitalization of $454.19 million and generates $899.92 million in revenue each year. The auto parts company earns $-14,060,000.00 in net income (profit) each year or ($0.50) on an earnings per share basis. How many employees does Stoneridge have? The company employs 5,250 workers across the globe. How can I contact Stoneridge? Stoneridge's mailing address is 39675 MACKENZIE DRIVE SUITE 400, NOVI MI, 48377. The official website for the company is www.stoneridge.com. The auto parts company can be reached via phone at (248) 489-9300, via email at investor_relations@stoneridge.com, or via fax at 330-856-3618. This page (NYSE:SRI) was last updated on 5/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Stoneridge, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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