SRI - Stoneridge Inc Stock Price, Fair Value and News

16.86USD+0.53 (+3.25%)Delayed

Market Summary

USD16.86+0.53

Delayed

3.25%

SRI Alerts

1 major insider buys recently.

Losses in recent quarter

SRI Stock Price

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SRI RSI Chart

SRI Valuation

Market Cap

466.5M

Price/Earnings (Trailing)

-118.92

Price/Sales (Trailing)

0.48

EV/EBITDA

19.68

Price/Free Cashflow

20.08

SRI Price/Sales (Trailing)

SRI Profitability

EBT Margin

0.06%

Return on Equity

-1.41%

Return on Assets

-0.58%

Free Cashflow Yield

4.98%

SRI Fundamentals

SRI Revenue

Revenue (TTM)

973.6M

Rev. Growth (Yr)

-0.9%

Rev. Growth (Qtr)

4.2%

SRI Earnings

Earnings (TTM)

-3.9M

Earnings Growth (Yr)

17.06%

Earnings Growth (Qtr)

-302.58%

Breaking Down SRI Revenue

Last 7 days

5.1%

Last 30 days

11.9%

Last 90 days

-8.2%

Trailing 12 Months

4.5%

How does SRI drawdown profile look like?

SRI Financial Health

Current Ratio

2.39

SRI Investor Care

Shares Dilution (1Y)

0.57%

Diluted EPS (TTM)

-0.14

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	973.6M	0	0	0
2023	920.2M	966.1M	977.5M	975.8M
2022	797.7M	827.3M	872.4M	899.9M
2021	658.8M	750.6M	756.5M	770.5M
2020	799.0M	676.3M	648.6M	648.0M
2019	858.6M	860.2M	854.7M	834.3M
2018	846.1M	857.6M	862.8M	866.2M
2017	737.7M	759.9M	789.6M	824.4M
2016	644.6M	666.2M	678.0M	696.0M
2015	662.1M	665.3M	657.0M	644.8M
2014	662.0M	654.2M	663.0M	660.6M
2013	835.1M	770.7M	713.0M	659.5M
2012	834.6M	878.4M	901.8M	938.5M
2011	680.2M	704.4M	739.8M	765.4M
2010	0	528.5M	581.9M	635.2M
2009	0	0	0	475.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of Stoneridge Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	zizelman james	bought	102,180	15.72	6,500	president and ceo
Mar 11, 2024	lasky william m	acquired	-	-	8,122	-
Mar 11, 2024	rutt sheila m	acquired	-	-	8,122	-
Mar 11, 2024	korth kim	acquired	-	-	8,122	-
Mar 11, 2024	sklarsky frank s	acquired	-	-	8,122	-
Mar 11, 2024	schlather paul j.	acquired	-	-	8,122	-
Mar 11, 2024	reinhardt carsten j	acquired	-	-	8,122	-
Mar 11, 2024	kaplan ira c.	acquired	-	-	8,122	-
Mar 11, 2024	mayes george s jr	acquired	-	-	8,122	-

Which funds bought or sold SRI recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	COMERICA BANK	added	58,158	772,067	773,476	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-4.93	-58,837	505,699	-%
May 15, 2024	STATE STREET CORP	reduced	-0.1	-719,127	11,535,500	-%
May 15, 2024	FRONTIER CAPITAL MANAGEMENT CO LLC	added	1.02	-2,069,230	40,936,700	0.38%
May 15, 2024	BARCLAYS PLC	reduced	-36.5	-409,000	609,000	-%
May 15, 2024	Ewing Morris & Co. Investment Partners Ltd.	unchanged	-	1,327,130	25,098,800	11.40%
May 15, 2024	UBS ASSET MANAGEMENT AMERICAS LLC	unchanged	-	-16,020	261,424	-%
May 15, 2024	MORGAN STANLEY	added	19.53	518,107	4,619,820	-%
May 15, 2024	KENNEDY CAPITAL MANAGEMENT LLC	reduced	-3.67	-586,275	5,765,580	0.12%
May 15, 2024	DEUTSCHE BANK AG\	reduced	-15.42	-71,501	280,583	-%

Are Funds Buying or Selling SRI?

Are funds buying SRI calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SRI

No. of Funds

Unveiling Stoneridge Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	frontier capital management co llc	7.98%	2,197,542	SC 13G/A
Feb 13, 2024	cooke & bieler lp	5.9%	1,637,414	SC 13G/A
Feb 13, 2024	vanguard group inc	5.37%	1,478,425	SC 13G
Feb 12, 2024	cooper creek partners management llc	7.25%	1,996,185	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	5.6%	1,531,421	SC 13G/A
Feb 08, 2024	thrivent financial for lutherans	10.83%	2,983,741	SC 13G/A
Jan 26, 2024	blackrock inc.	7.7%	2,134,380	SC 13G/A
Jun 05, 2023	thrivent financial for lutherans	10.28%	2,828,841	SC 13G/A
Feb 14, 2023	frontier capital management co llc	7.1%	1,927,745	SC 13G
Feb 14, 2023	price t rowe associates inc /md/	0.3%	81,295	SC 13G/A

Recent SEC filings of Stoneridge Inc

View All Filings

Date Filed	Form Type	Document
May 16, 2024	8-K	Current Report
May 08, 2024	4	Insider Trading
May 01, 2024	10-Q	Quarterly Report
May 01, 2024	8-K	Current Report
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4/A	Insider Trading
Apr 04, 2024	DEFA14A	DEFA14A
Apr 04, 2024	DEF 14A	DEF 14A
Apr 04, 2024	ARS	ARS
Mar 20, 2024	3	Insider Trading

Peers (Alternatives to Stoneridge Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	566.3B	94.7B	14.23%	0.38%	41.6	5.98	10.12%	15.85%
GM	52.9B	174.9B	7.77%	39.09%	4.95	0.3	8.79%	13.26%
F	48.9B	177.5B	1.99%	5.50%	12.43	0.28	7.54%	33.01%
APTV	22.3B	20.1B	18.40%	-13.41%	7.46	1.11	11.06%	348.88%
KMX	11.5B	26.5B	6.25%	-0.44%	23.91	0.43	-10.61%	-1.15%
MID-CAP
BWA	8.4B	14.4B	16.35%	-17.59%	13.76	0.59	5.28%	-36.11%
ALSN	6.6B	3.1B	-5.82%	52.54%	9.78	2.13	8.82%	17.48%
ABG	4.9B	15.4B	13.81%	15.50%	8.56	0.32	2.10%	-39.62%
GT	3.7B	19.7B	8.02%	-9.26%	-5.7	0.19	-5.64%	-9328.57%
ADNT	2.6B	15.2B	3.59%	-19.11%	16.55	0.17	3.04%	1216.67%
SMALL-CAP
BLBD	1.7B	1.3B	55.08%	113.22%	21.39	1.36	26.17%	337.87%
AXL	933.4M	6.2B	14.24%	12.78%	-116.67	0.15	5.67%	-113.75%
CAAS	105.6M	573.5M	-1.13%	-36.48%	2.7	0.18	7.12%	39.36%
WKHS	75.6M	13.1M	41.18%	-74.91%	-0.61	5.77	160.69%	-5.67%
AYRO	5.7M	444.2K	-14.93%	90.00%	-0.18	12.82	-78.61%	-35.63%

Stoneridge Inc News

Latest updates

Stoneridge Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	4.2%	239,157,000	229,515,000	238,164,000	266,814,000	241,325,000	231,172,000	226,757,000	220,936,000	221,058,000	203,653,000	181,680,000	191,334,000	193,795,000	189,731,000	175,764,000	99,545,000	182,966,000	190,365,000	203,386,000	222,241,000	218,297,000
S&GA Expenses	17.3%	30,423,000	25,930,000	28,111,000	33,491,000	29,863,000	22,914,000	27,444,000	28,938,000	27,399,000	26,763,000	28,481,000	31,380,000	29,376,000	30,864,000	24,414,000	27,693,000	29,503,000	29,604,000	30,978,000	27,522,000	35,910,000
R&D Expenses	29.5%	17,603,000	13,589,000	17,852,000	22,666,000	16,968,000	16,581,000	16,133,000	15,554,000	17,028,000	19,572,000	16,447,000	15,495,000	14,651,000	13,013,000	11,754,000	12,384,000	12,235,000	13,360,000	11,554,000	14,040,000	13,244,000
EBITDA Margin	80.0%	0.02	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.04	0.05	0.06	0.08	-	-	-	-	-	-	-	-	-
Interest Expenses	209.8%	4,194,000	-3,821,000	-3,313,000	-3,120,000	-2,746,000	-2,249,000	-1,845,000	-1,217,000	-1,786,000	-116,000	-1,447,000	-1,860,000	-1,766,000	-1,802,000	-1,882,000	-1,410,000	-1,030,000	-1,171,000	-1,149,000	-1,001,000	-1,003,000
Income Taxes	140.6%	510,000	212,000	2,270,000	1,487,000	-708,000	465,000	989,000	413,000	1,493,000	2,291,000	526,000	5,794,000	419,000	920,000	1,814,000	-6,721,000	1,213,000	-4,249,000	1,450,000	9,066,000	1,835,000
Earnings Before Taxes	-273.5%	-5,616,000	3,236,000	4,441,000	-1,505,000	-8,094,000	692,000	1,720,000	-6,926,000	-6,182,000	-3,873,000	-9,832,000	25,592,000	549,000	4,500,000	8,528,000	-28,455,000	4,703,000	-40,000	8,111,000	48,830,000	11,492,000
EBT Margin	129.0%	0.00	0.00	0.00	-0.01	-0.01	-0.01	-0.02	-0.03	0.01	0.02	0.03	0.05	-	-	-	-	-	-	-	-	-
Net Income	-302.6%	-6,126,000	3,024,000	2,171,000	-2,992,000	-7,386,000	227,000	731,000	-7,339,000	-7,675,000	-6,164,000	-10,358,000	19,798,000	130,000	3,580,000	6,714,000	-21,734,000	3,490,000	4,209,000	6,661,000	39,764,000	9,657,000
Net Income Margin	24.1%	0.00	-0.01	-0.01	-0.01	-0.01	-0.02	-0.02	-0.04	-0.01	0.00	0.02	0.04	-	-	-	-	-	-	-	-	-
Free Cashflow	-14.2%	9,109,000	10,614,000	-9,775,000	-4,301,000	-17,977,000	22,149,000	-15,115,000	-6,802,000	-28,606,000	-25,354,000	-5,843,000	-14,370,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.7%	675	680	679	685	671	652	633	638	651	665	627	636	621	621	582	557	600	602	594	596	582
Current Assets	0.5%	431	429	436	439	423	410	399	396	396	411	357	362	343	335	320	297	349	331	331	336	323
Cash Equivalents	18.6%	48.00	41.00	37.00	35.00	35.00	55.00	32.00	41.00	41.00	86.00	50.00	56.00	61.00	74.00	68.00	130	81.00	69.00	55.00	52.00	53.00
Inventory	-4.2%	180	188	183	175	169	153	151	144	148	138	125	115	95.00	91.00	88.00	97.00	96.00	93.00	104	101	92.00
Net PPE	-3.6%	106	110	107	106	108	105	102	105	109	108	110	112	114	119	117	117	116	122	118	117	114
Goodwill	-2.3%	34.00	35.00	34.00	35.00	35.00	34.00	31.00	34.00	35.00	36.00	37.00	38.00	38.00	39.00	37.00	36.00	35.00	36.00	35.00	36.00	36.00
Current Liabilities	1.1%	180	178	382	384	202	178	178	180	179	173	167	163	145	146	133	104	130	139	161	164	157
Short Term Borrowings	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	1.00	2.00	1.00	1.00	-	-	0.00	0.00	0.00
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	1.00	1.00	1.00
LT Debt, Current	-1.7%	2.00	2.00	-	-	1.00	1.00	3.00	4.00	5.00	5.00	2.00	4.00	5.00	8.00	8.00	5.00	3.00	3.00	3.00	1.00	1.00
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	1.00	1.00	1.00
Shareholder's Equity	-3.6%	277	288	273	278	276	281	264	273	294	296	298	314	285	297	264	249	267	290	277	281	288
Retained Earnings	-3.1%	190	197	193	191	194	202	201	201	208	216	222	232	212	212	195	188	210	207	202	196	156
Additional Paid-In Capital	-1.5%	224	227	226	227	226	233	232	230	229	232	232	230	229	234	232	231	231	226	224	224	232
Shares Outstanding	0.4%	28.00	28.00	28.00	28.00	28.00	27.00	27.00	27.00	27.00	27.00	27.00	27.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	504	-	-	-	448	-	-	-	763	-	-	-	532	-	-	-	827	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-14.2%	9,109	10,614	-980	4,494	-9,182	30,944	-6,320	1,993	-19,811	-16,559	2,952	-5,575	-17,066	19,686	15,488	29.00	-6,562	3,983	13,858	12,273	-5,609
Share Based Compensation	4.0%	1,092	1,050	1,001	1,202	69.00	1,521	1,587	1,736	1,098	1,275	1,924	1,599	1,162	2,353	1,425	738	1,372	1,492	1,105	2,046	1,548
Cashflow From Investing	43.1%	-5,714	-10,036	-10,647	-7,541	-8,755	-8,919	-8,282	-4,144	-7,236	15,093	-8,101	27,961	-6,912	-8,847	-7,113	-10,793	-7,132	-9,043	-13,012	24,839	-9,083
Cashflow From Financing	176.2%	5,388	1,951	14,611	3,042	-2,119	-1,802	7,985	3,666	-17,146	37,528	891	-28,367	12,824	-8,321	-14,533	1,168	28,199	17,124	5,538	-38,923	-11,997
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,995	-	-	50,000	-

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SRI Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 239,157	$ 241,325
Costs and expenses:
Cost of goods sold	190,800	198,523
Selling, general and administrative	30,423	29,863
Design and development	17,603	16,968
Operating income (loss)	331	(4,029)
Interest expense, net	3,634	2,746
Equity in loss of investee	277	171
Other expense, net	2,036	1,148
Loss before income taxes	(5,616)	(8,094)
Provision (benefit) for income taxes	510	(708)
Net loss	$ (6,126)	$ (7,386)
Loss per share:
Basic (in dollars per share)	$ (0.22)	$ (0.27)
Diluted (in dollars per share)	$ (0.22)	$ (0.27)
Weighted-average shares outstanding:
Basic (in shares)	27,528,831	27,349,357
Diluted (in shares)	27,528,831	27,349,357

SRI Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 48,440	$ 40,841
Accounts receivable, less reserves of $932 and $1,058, respectively	170,296	166,545
Inventories, net	179,891	187,758
Prepaid expenses and other current assets	32,716	34,246
Total current assets	431,343	429,390
Long-term assets:
Property, plant and equipment, net	106,170	110,126
Intangible assets, net	45,270	47,314
Goodwill	34,488	35,295
Operating lease right-of-use asset	9,552	10,795
Investments and other long-term assets, net	48,589	46,980
Total long-term assets	244,069	250,510
Total assets	675,412	679,900
Current liabilities:
Current portion of debt	2,077	2,113
Accounts payable	109,222	111,925
Accrued expenses and other current liabilities	68,947	64,203
Total current liabilities	180,246	178,241
Long-term liabilities:
Revolving credit facility	194,420	189,346
Deferred income taxes	6,849	7,224
Operating lease long-term liability	6,594	7,684
Other long-term liabilities	10,047	9,688
Total long-term liabilities	217,910	213,942
Shareholders' equity:
Preferred Shares, without par value, 5,000 shares authorized, none issued	0	0
Common Shares, without par value, 60,000 shares authorized, 28,966 and 28,966 shares issued and 27,667 and 27,549 shares outstanding at March 31, 2024 and December 31, 2023, respectively, with no stated value	0	0
Additional paid-in capital	223,856	227,340
Common Shares held in treasury, 1,299 and 1,417 shares at March 31, 2024 and December 31, 2023, respectively, at cost	(39,386)	(43,344)
Retained earnings	190,383	196,509
Accumulated other comprehensive loss	(97,597)	(92,788)
Total shareholders' equity	277,256	287,717
Total liabilities and shareholders' equity	$ 675,412	$ 679,900

About Stoneridge Inc

Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. The company operates in 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 vehicle. The Electronics segment designs and manufactures driver information systems, camera-based vision systems, connectivity and compliance products, and electronic control units. Its products collect, store, and display vehicle information, such as speed, pressure, maintenance data, trip information, operator performance, temperature, distance traveled, and driver messages related to vehicle performance. This segment offers electronic control units that regulate, coordinate, monitor, and direct the operation of the electrical system within a vehicle. The Stoneridge Brazil segment designs, manufactures, and sells vehicle tracking devices and monitoring services; vehicle security alarms and convenience accessories; in-vehicle audio and infotainment devices; and telematics solutions. It also offers security alarms and convenience applications, such as parking sensors and rearview cameras, audio and infotainment systems, and telematics products. The company provides its products and systems to various original equipment manufacturers and Tier 1 customers, as well as aftermarket distributors and mass merchandisers for use in various vehicle platforms. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan.

CEO	Mr. James Zizelman
WEBSITE	stoneridge.com
INDUSTRY	Autos
EMPLOYEES	5250

Stoneridge Inc Frequently Asked Questions

What is the ticker symbol for Stoneridge Inc? What does SRI stand for in stocks?

SRI is the stock ticker symbol of Stoneridge Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Stoneridge Inc (SRI)?

As of Fri May 17 2024, market cap of Stoneridge Inc is 466.54 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SRI stock?

You can check SRI's fair value in chart for subscribers.

What is the fair value of SRI stock?

You can check SRI's fair value in chart for subscribers. The fair value of Stoneridge Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Stoneridge Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SRI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Stoneridge Inc a good stock to buy?

The fair value guage provides a quick view whether SRI is over valued or under valued. Whether Stoneridge Inc is cheap or expensive depends on the assumptions which impact Stoneridge Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SRI.

What is Stoneridge Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, SRI's PE ratio (Price to Earnings) is -118.92 and Price to Sales (PS) ratio is 0.48. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SRI PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Stoneridge Inc's stock?

In the past 10 years, Stoneridge Inc has provided 0.063 (multiply by 100 for percentage) rate of return.