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Stoneridge Inc (NYSE: SRI) closed the day trading at $5.50 down -6.30% from the previous closing price of $5.87. In other words, the price has decreased by -$6.30 from its previous closing price. On the day, 0.17 million shares were traded. SRI stock price reached its highest trading level at $5.76 during the session, while it also had its lowest trading level at $5.49.
Ratios:
For a better understanding of SRI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.81 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.97. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 2.44. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.75.
Barrington Research Upgraded its Mkt Perform to Outperform on March 02, 2021, while the target price for the stock was maintained at $45.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 07 ’24 when Zizelman James bought 6,500 shares for $15.72 per share. The transaction valued at 102,180 led to the insider holds 6,500 shares of the business.
Kased Rajaey sold 1,032 shares of SRI for $17,389 on Mar 08 ’24. The President Control Devices now owns 5,763 shares after completing the transaction at $16.85 per share. On Mar 06 ’24, another insider, Korth Kim, who serves as the Director of the company, sold 7,745 shares for $16.49 each. As a result, the insider received 127,715 and left with 73,227 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SRI now has a Market Capitalization of 152284544 and an Enterprise Value of 301687392. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 0.328 whereas that against EBITDA is 6.455.
Stock Price History:
The Beta on a monthly basis for SRI is 1.35, which has changed by -0.69014084 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, SRI has reached a high of $19.34, while it has fallen to a 52-week low of $5.52. The 50-Day Moving Average of the stock is -17.97%, while the 200-Day Moving Average is calculated to be -56.24%.
Shares Statistics:
Over the past 3-months, SRI traded about 352.64K shares per day on average, while over the past 10 days, SRI traded about 317380 shares per day. A total of 27.69M shares are outstanding, with a floating share count of 26.99M. Insiders hold about 2.53% of the company’s shares, while institutions hold 96.29% stake in the company. Shares short for SRI as of 1734048000 were 228860 with a Short Ratio of 0.65, compared to 1731628800 on 334525. Therefore, it implies a Short% of Shares Outstanding of 228860 and a Short% of Float of 0.95.
Earnings Estimates
At present, 1.0 analysts are actively evaluating the performance of Stoneridge Inc (SRI) in the stock market.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.34 and -$0.34 for the fiscal current year, implying an average EPS of -$0.34. EPS for the following year is $0.1, with 1.0 analysts recommending between $0.1 and $0.1.
Revenue Estimates
2 analysts predict $207.61M in revenue for the current quarter. It ranges from a high estimate of $210.5M to a low estimate of $204.73M. As of the current estimate, Stoneridge Inc’s year-ago sales were $229.5MFor the next quarter, 2 analysts are estimating revenue of $223.34M. There is a high estimate of $234.37M for the next quarter, whereas the lowest estimate is $212.3M.
A total of 2 analysts have provided revenue estimates for SRI’s current fiscal year. The highest revenue estimate was $900.5M, while the lowest revenue estimate was $894.77M, resulting in an average revenue estimate of $897.64M. In the same quarter a year ago, actual revenue was $975.8MBased on 2 analysts’ estimates, the company’s revenue will be $900.11M in the next fiscal year. The high estimate is $908.5M and the low estimate is $891.71M.
