A share price of Stoneridge Inc [SRI] is currently trading at $6.29, up 1.29%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SRI shares have gain 10.54% over the last week, with a monthly amount drifted -8.31%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Stoneridge Inc [NYSE: SRI] stock has seen the most recent analyst activity on August 03, 2023, when Barrington Research upgraded its rating to a Outperform. Previously, Barrington Research downgraded its rating to Mkt Perform on October 13, 2021. On March 02, 2021, upgrade upgraded it’s rating to Outperform but maintained its price target of $45 on the stock. CL King downgraded its rating to a Neutral. Barrington Research downgraded its rating to a Mkt Perform. Buckingham Research started tracking with a Buy rating for this stock on June 20, 2018, and assigned it a price target of $37. In a note dated April 23, 2018, CL King initiated an Buy rating and provided a target price of $34 on this stock.
Stoneridge Inc experienced fluctuations in its stock price throughout the past year between $5.52 and $19.77. Stoneridge Inc [NYSE: SRI] shares were valued at $6.29 at the most recent close of the market.
Analyzing the SRI fundamentals
Trailing Twelve Months sales for Stoneridge Inc [NYSE:SRI] were 919.55M which represents -10.22% decline. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.72.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.03 points at the first support level, and at 5.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.45, and for the 2nd resistance point, it is at 6.62.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Stoneridge Inc [NYSE:SRI] is 2.44. As well, the Quick Ratio is 1.40, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 0.19, the price to book ratio is 0.64.
Transactions by insiders
Recent insider trading involved Zizelman James, President and CEO, that happened on May 07 ’24 when 6500.0 shares were purchased. President Control Devices, Kased Rajaey completed a deal on Mar 08 ’24 to sell 1032.0 shares. Meanwhile, Director Korth Kim sold 7745.0 shares on Mar 06 ’24.
