Stoneridge Inc (NYSE:SRI)’s traded shares stood at 0.51 million during the latest session, with the company’s beta value hitting 1.32. At the last check today, the stock’s price was $5.26, to imply an increase of 25.12% or $1.06 in intraday trading. The SRI share’s 52-week high remains $18.85, putting it -258.37% down since that peak but still an impressive 21.86% since price per share fell to its 52-week low of $4.11.
Analysts have given a consensus recommendation of Buy for Stoneridge Inc (SRI), translating to a mean rating of 1.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give SRI a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.05.
Stoneridge Inc (NYSE:SRI) trade information
After registering a 25.12% upside in the latest session, Stoneridge Inc (SRI) has traded red over the past five days. The 5-day price performance for the stock is 18.09%, and -2.50% over 30 days. With these gigs, the year-to-date price performance is -16.19%.
Stoneridge Inc (SRI) estimates and forecasts
The rating firms project that company’s revenue will shrink -0.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 223.34M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 229.04M.Earnings reports from the last fiscal year show that sales brought in 239.16M and 237.06M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -6.61% before dropping -3.38% in the following quarter.
SRI Dividends
Stoneridge Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is FRONTIER CAPITAL MANAGEMENT CO LLC with 2.19 million shares, or about 7.9219% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $34.91 million.
We also have Thrivent Small Cap Stock Fund and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Stoneridge Inc (SRI) shares. Going by data provided on Oct 31, 2024 , Thrivent Small Cap Stock Fund holds roughly 1.54 shares. This is just over 5.57% of the total shares, with a market valuation of $7.9 million. Data from the same date shows that the other fund manager holds a little less at 824.83, or 2.98% of the shares, all valued at about 4.22 million.
