Stoneridge, Inc. (SRI)
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]
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 StatementsAnalyst 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.
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.
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 ...
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...
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.
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 ...
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...
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.
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...
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.
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...
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...
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 ...
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.
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...
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.
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 ...
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...
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.
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...
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...
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.
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...
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...
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...
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...