24-May-2024
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Stoneridge Appoints Natalia Noblet as President of Electronics Division
PRNewswire (Wed, 22-May 5:10 PM ET)
Stoneridge Reports First Quarter 2024 Results
PRNewswire (Wed, 1-May 4:50 PM ET)
Stoneridge, Inc. To Broadcast Its First-Quarter 2024 Conference Call On The Web
PRNewswire (Thu, 18-Apr 5:00 PM ET)
Stoneridge Releases Inaugural Sustainability Report
PRNewswire (Wed, 10-Apr 10:00 AM ET)
Cargo Transporters, Inc. Adopts Stoneridge's MirrorEye Camera Monitor System
PRNewswire (Fri, 22-Mar 11:00 AM ET)
Stoneridge Appoints Troy Cooprider as Chief Technology Officer
PRNewswire (Thu, 14-Mar 4:30 PM ET)
Stoneridge Reports Fourth Quarter 2023 Results
PRNewswire (Wed, 28-Feb 5:10 PM ET)
PRNewswire (Tue, 27-Feb 5:00 PM ET)
Stoneridge Inc is a manufacturer of electrical and electronic components used in automotive vehicles. The company produces instrumentation systems, vehicle management electronics, application-specific switches and actuators, sensors, security alarms, and vehicle tracking devices and monitoring services for commercial, automotive, off-highway, and agricultural vehicle markets. Stoneridge generates the majority of its revenue in its Electronics segment that produces driver information systems, camera-based vision systems, connectivity, and compliance products, and electronic control units. Geographically, the company's operations are focused on North America. It has Control Devices, Electronics, and Stoneridge Brazil segments.
Stoneridge trades on the NYSE stock market under the symbol SRI.
As of May 24, 2024, SRI stock price climbed to $16.04 with 67,848 million shares trading.
SRI has a beta of 1.09, meaning it tends to be more sensitive to market movements. SRI has a correlation of 0.11 to the broad based SPY ETF.
SRI has a market cap of $435.70 million. This is considered a Small Cap stock.
Last quarter Stoneridge reported $239 million in Revenue and -$.09 earnings per share. This beat revenue expectation by $16 million and missed earnings estimates by -$.05.
In the last 3 years, SRI stock traded as high as $33.00 and as low as $13.64.
The top ETF exchange traded funds that SRI belongs to (by Net Assets): VTI, IWM, VXF, FNDA, IWN.
SRI has underperformed the market in the last year with a price return of -0.7% while the SPY ETF gained +30.4%. SRI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -12.2% and 0.0%, respectively, while the SPY returned +4.6% and +1.7%, respectively.
SRI support price is $15.55 and resistance is $16.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SRI stock will trade within this expected range on the day.