Stoneridge, Inc. (SRI)

NYSE: SRI · IEX Real-Time Price · USD
15.61
+0.26 (1.69%)
Apr 19, 2024, 4:00 PM EDT - Market closed
1.69%
Market Cap 430.11M
Revenue (ttm) 975.82M
Net Income (ttm) -5.18M
Shares Out 27.55M
EPS (ttm) -0.19
PE Ratio n/a
Forward PE 53.29
Dividend n/a
Ex-Dividend Date n/a
Volume 98,497
Open 15.20
Previous Close 15.35
Day's Range 15.20 - 15.83
52-Week Range 14.18 - 24.51
Beta 1.38
Analysts Buy
Price Target 23.00 (+47.34%)
Earnings Date May 1, 2024

About 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 v... [Read more]

Industry Auto Parts
IPO Date Oct 10, 1997
Employees 4,850
Stock Exchange NYSE
Ticker Symbol SRI
Full Company Profile

Financial Performance

In 2023, Stoneridge's revenue was $975.82 million, an increase of 8.43% compared to the previous year's $899.92 million. Losses were -$5.18 million, -63.13% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SRI stock is "Buy." The 12-month stock price forecast is $23.0, which is an increase of 47.34% from the latest price.

Price Target
$23.0
(47.34% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

NOVI, Mich. , April 18, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its first-quarter 2024 earnings conference call live on Thursday, May 2, 2024, at 9:00 a.m.

1 day ago - PRNewsWire

Stoneridge Releases Inaugural Sustainability Report

Highlights Progress on Environmental, Social, and Governance Initiatives NOVI, Mich. , April 10, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today published its inaugural sustainability report  ...

9 days ago - PRNewsWire

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

CLAREMONT, N.C., March 22, 2024 /PRNewswire/ -- Cargo Transporters, Inc., a truckload, dry van carrier is proud to announce the adoption of Stoneridge, Inc.'s (NYSE: SRI) MirrorEye® Camera Monitor Sys...

4 weeks ago - PRNewsWire

Stoneridge Appoints Troy Cooprider as Chief Technology Officer

NOVI, Mich. , March 14, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced the appointment of Troy Cooprider to the position of chief technology officer.

5 weeks ago - PRNewsWire

Stoneridge Reports Fourth Quarter 2023 Results

Achieves Q4 Sequential EPS Improvement In Line with Prior Expectations Establishes 2024 Midpoint Revenue Guidance of $1 Billion And Midpoint EBITDA of $67 Million (Midpoint EBITDA Margin Expansion Of ...

7 weeks ago - PRNewsWire

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

Industry-leading vision system technology to be featured on FH Aero, All-New VNL models NOVI, Mich. , Feb. 27, 2024 /PRNewswire/ -- Stoneridge Inc. (NYSE: SRI) today announced its MirrorEye® Camera Mo...

7 weeks ago - PRNewsWire

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

NOVI, Mich. , Feb. 15, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its fourth-quarter 2023 earnings conference call live on Thursday, February 29, 2024, at 9:00 a.m.

2 months ago - PRNewsWire

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

NOVI, Mich. , Feb. 2, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) announced today that its Federal Motor Carrier Safety Association (FMCSA) exemption for its MirrorEye® Camera Monitor System (CM...

2 months ago - PRNewsWire

Stoneridge Publishes Inaugural Task Force for Climate-Related Financial Disclosures (TCFD) Report

NOVI, Mich. , Jan. 31, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) announced today it has published its first Task Force for Climate-Related Financial Disclosures (TCFD) report.

2 months ago - PRNewsWire

Stoneridge to Present at the Stephens Annual Investment Conference

NOVI, Mich. , Nov. 7, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive officer, and Matt Horvath, chief financial officer, will partic...

5 months ago - PRNewsWire

STONERIDGE, INC. ANNOUNCES REFINANCING OF ITS EXISTING CREDIT FACILITY WITH NEW $275 MILLION SENIOR SECURED REVOLVING CREDIT FACILITY

NOVI, Mich. , Nov. 2, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) announced that, effective today, it has entered into a new three-year $275 million Senior Secured Revolving Credit Facility (the...

6 months ago - PRNewsWire

Stoneridge Reports Strong Third-Quarter 2023 Results

THIRD-QUARTER PERFORMANCE REFLECTS CONTINUED MARGIN EXPANSION DRIVEN BY STRONG OPERATING PERFORMANCE 2024 PRELIMINARY OUTLOOK EXPECTS SALES GROWTH OF AT LEAST 5%, SIGNIFICANTLY OUTPERFORMING WEIGHTED ...

6 months ago - PRNewsWire

STONERIDGE, INC. TO BROADCAST ITS THIRD-QUARTER 2023 CONFERENCE CALL ON THE WEB

NOVI, Mich. , Oct. 19, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its third-quarter 2023 earnings conference call live on Thursday, November 2, 2023, at 9:00 a.m.

6 months ago - PRNewsWire

Stoneridge to Present at CL King's 21st Annual Best Ideas Conference

NOVI, Mich. , Sept. 7, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive officer, and Matt Horvath, chief financial officer, will parti...

8 months ago - PRNewsWire

Stoneridge Asia-Pacific Earns 2023 Greater Suzhou Best Employer Award

NOVI, Mich. , Aug. 24, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) announced that its facility in Suzhou, China is the recipient of a 2023 Greater Suzhou Best Employer Award.

8 months ago - PRNewsWire

Stoneridge Reports Second Quarter 2023 Results

NOVI, Mich. , Aug. 2, 2023 /PRNewswire/ -- ADVANCING STRATEGIC PRIORITIES WHILE DELIVERING 10%+ QUARTER TO QUARTER SALES GROWTH AND 400+ BASIS POINT GROSS MARGIN EXPANSION  GUIDING TO THE HIGH END OF ...

9 months ago - PRNewsWire

Stoneridge to Present at the J.P. Morgan Auto Conference

NOVI, Mich. , July 31, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive officer, and Matt Horvath, chief financial officer, will prese...

9 months ago - PRNewsWire

STONERIDGE, INC. TO BROADCAST ITS SECOND-QUARTER 2023 CONFERENCE CALL ON THE WEB

NOVI, Mich. , July 20, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its second-quarter 2023 earnings conference call live on Thursday, August 3, 2023, at 9:00 a.m.

9 months ago - PRNewsWire

Stoneridge to Present at the Deutsche Bank Global Auto Industry Conference

NOVI, Mich. , June 5, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive officer, and Matt Horvath, chief financial officer, will partic...

11 months ago - PRNewsWire

Stoneridge Reports First Quarter 2023 Results

FIRST QUARTER REVENUE AND EARNINGS OUTPERFORM PREVIOUSLY PROVIDED EXPECTATIONS REAFFIRMING 2023 FULL-YEAR GUIDANCE 2023 First Quarter Results Sales of $241.3 million Adjusted sales of $232.2 million G...

1 year ago - PRNewsWire

STONERIDGE, INC. TO BROADCAST ITS FIRST-QUARTER 2023 CONFERENCE CALL ON THE WEB

NOVI, Mich. , April 20, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its first-quarter 2023 earnings conference call live on Thursday, May 4, 2023, at 9:00 a.m.

1 year ago - PRNewsWire

Stoneridge Elects Sheila M. Rutt to Board of Directors

NOVI, Mich. , March 8, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI), a leader in highly engineered electrical and electronic components for the automotive, commercial vehicle and, off-highway ind...

1 year ago - PRNewsWire

Stoneridge Reports Fourth Quarter and Full-Year 2022 Results

ESTABLISHES 2023 MIDPOINT REVENUE GUIDANCE OF $975 MILLION (15.9% GROWTH VS. 2022) AND MIDPOINT EBITDA MARGIN EXPANSION OF 210 BASIS POINTS OVER 2022 ESTABLISHES 2027 REVENUE TARGET OF $1.3 - $1.5 BIL...

1 year ago - PRNewsWire

Stoneridge, KLLM Transport Services and Frozen Food Express Announce Adoption of Stoneridge's MirrorEye® Camera Monitor System

NOVI, Mich. , Feb. 27, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI), a leading designer and manufacturer of highly engineered electrical and electronic vehicle systems, KLLM Transport Services, o...

1 year ago - PRNewsWire

Stoneridge Elects Carsten J. Reinhardt to Board of Directors

NOVI, Mich. , Feb. 21, 2023 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI), a leader in highly engineered electrical and electronic components for the commercial vehicle, automotive, and off-highway ind...

1 year ago - PRNewsWire