Stoneridge Inc (NYSE: SRI) is -39.71% lower on its value in year-to-date trading and has touched a low of $3.54 and a high of $18.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SRI stock was last observed hovering at around $3.77 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $3.78, the stock is -13.19% and -18.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.17 million and changing 0.27% at the moment leaves the stock -56.71% off its SMA200. SRI registered -76.09% loss for a year compared to 6-month loss of -61.51%. The firm has a 50-day simple moving average (SMA 50) of $4.6364 and a 200-day simple moving average (SMA200) of $8.73155.
The stock witnessed a -25.59% gain in the last 1 month and extending the period to 3 months gives it a -35.05%, and is -0.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.14% over the week and 8.39% over the month.
Stoneridge Inc (SRI) has around 4450 employees, a market worth around $105.26M and $908.29M in sales. Fwd P/E is 11.12. Profit margin for the company is -1.82%. Distance from 52-week low is 6.78% and -79.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.65%).
The EPS is expected to grow by 17.02% this year
176.0 institutions hold shares in Stoneridge Inc (SRI), with institutional investors hold 104.10% of the company’s shares. The shares outstanding are 27.70M, and float is at 27.03M with Short Float at 1.88%. Institutions hold 101.10% of the Float.
The top institutional shareholder in the company is THRIVENT FINANCIAL FOR LUTHERANS with over 3.01 million shares valued at $48.06 million. The investor’s holdings represent 10.9055 of the SRI Shares outstanding. As of 2024-06-30, the second largest holder is FRONTIER CAPITAL MANAGEMENT CO LLC with 2.19 million shares valued at $34.91 million to account for 7.9219 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.1 million shares representing 7.618 and valued at over $33.57 million, while COOPER CREEK PARTNERS MANAGEMENT LLC holds 7.4856 of the shares totaling 2.07 million with a market value of $32.99 million.
Stoneridge Inc (SRI) Insider Activity
The most recent transaction is an insider sale by Hartman Robert J. Jr., the company’s Chief Accounting Officer. SEC filings show that Hartman Robert J. Jr. sold 969 shares of the company’s common stock on Mar 03 ’25 at a price of $5.47 per share for a total of $5300.0. Following the sale, the insider now owns 36117.0 shares.
Stoneridge Inc disclosed in a document filed with the SEC on May 07 ’24 that Zizelman James (President and CEO) bought a total of 6,500 shares of the company’s common stock. The trade occurred on May 07 ’24 and was made at $15.72 per share for $0.1 million. Following the transaction, the insider now directly holds 6500.0 shares of the SRI stock.
