Currently, Stoneridge Inc [SRI] is trading at $8.17, up 1.74%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SRI shares have gain 8.21% over the last week, with a monthly amount glided 44.60%, and 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.
This stock has fluctuated between a low of $3.54 and a high of $18.40 over the last 52 weeks. Stoneridge Inc [NYSE: SRI] shares were valued at $8.17 at the most recent close of the market.
Analyzing the SRI fundamentals
Trailing Twelve Months sales for Stoneridge Inc [NYSE:SRI] were 887.03M which represents -8.89% decline. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at -0.0%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.07 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
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 7.82 points at the first support level, and at 7.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.66, and for the 2nd resistance point, it is at 9.16.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Stoneridge Inc [NYSE:SRI] is 2.39. Further, the Quick Ratio stands at 1.52, while the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 0.26, the price to book ratio is 0.90.
Transactions by insiders
Recent insider trading involved Hartman Robert J. Jr., Chief Accounting Officer, that happened on Mar 03 ’25 when 969.0 shares were sold.
