$0.48 EPS Expected for Stoneridge, Inc. (SRI)

April 21, 2018 - By Michael Collier

Stoneridge, Inc. (NYSE:SRI) LogoInvestors sentiment decreased to 1.11 in 2017 Q4. Its down 0.25, from 1.36 in 2017Q3. It dived, as 15 investors sold Stoneridge, Inc. shares while 47 reduced holdings. 26 funds opened positions while 43 raised stakes. 24.51 million shares or 1.25% more from 24.21 million shares in 2017Q3 were reported.
Brinker Cap Inc holds 0.02% or 27,983 shares in its portfolio. Century Companies Inc, a Missouri-based fund reported 351,906 shares. Brown Advisory Incorporated invested 0.01% of its portfolio in Stoneridge, Inc. (NYSE:SRI). Geode Capital Ltd Liability holds 0% of its portfolio in Stoneridge, Inc. (NYSE:SRI) for 217,360 shares. First Tru Advsr L P has invested 0% in Stoneridge, Inc. (NYSE:SRI). Gamco Investors Inc Et Al accumulated 454,594 shares or 0.07% of the stock. Clarivest Asset Management Ltd Liability Company has invested 0.02% in Stoneridge, Inc. (NYSE:SRI). Numeric Investors Ltd Liability Company accumulated 683,475 shares. Driehaus Capital Limited Co invested in 0.22% or 252,204 shares. Huntington Bancshares has 0.03% invested in Stoneridge, Inc. (NYSE:SRI) for 85,000 shares. Tower Rech Ltd Liability Co (Trc) reported 100 shares stake. Bridgeway Capital Mgmt Inc owns 97,000 shares. Product Ptnrs Limited Liability Com stated it has 58,449 shares or 0.04% of all its holdings. Price T Rowe Associates Inc Md holds 0% of its portfolio in Stoneridge, Inc. (NYSE:SRI) for 10,065 shares. Cornerstone Cap Management Holdings Limited Liability Corporation stated it has 53,411 shares or 0.01% of all its holdings.

Analysts expect Stoneridge, Inc. (NYSE:SRI) to report $0.48 EPS on May, 2 after the close.They anticipate $0.10 EPS change or 26.32 % from last quarter’s $0.38 EPS. SRI’s profit would be $13.54M giving it 14.71 P/E if the $0.48 EPS is correct. After having $0.42 EPS previously, Stoneridge, Inc.’s analysts see 14.29 % EPS growth. The stock decreased 1.29% or $0.37 during the last trading session, reaching $28.25. About 227,889 shares traded. Stoneridge, Inc. (NYSE:SRI) has risen 51.86% since April 21, 2017 and is uptrending. It has outperformed by 40.31% the S&P500.

Stoneridge, Inc. (NYSE:SRI) Ratings Coverage

Among 5 analysts covering Stoneridge (NYSE:SRI), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Stoneridge had 6 analyst reports since November 17, 2017 according to SRatingsIntel. The stock of Stoneridge, Inc. (NYSE:SRI) earned “Hold” rating by FBR Capital on Thursday, March 1. FBR Capital maintained Stoneridge, Inc. (NYSE:SRI) on Thursday, January 4 with “Hold” rating. The firm has “Overweight” rating given on Tuesday, March 20 by Stephens. The rating was maintained by KeyBanc Capital Markets on Friday, November 17 with “Hold”. As per Tuesday, March 6, the company rating was maintained by B. Riley & Co.

Stoneridge, Inc. designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, motorcycle, off-highway, and agricultural vehicle markets in North America, South America, Europe, and internationally. The company has market cap of $796.92 million. It operates through three divisions: Control Devices, Electronics, and PST. It has a 17.99 P/E ratio. The Control Devices segment provides sensors, switches, valves, and actuators, as well as other electronic products that monitors, measures, or activates specific functions within a vehicle; and actuator products that enable original equipment manufacturers to deploy power functions in a vehicle, as well as to integrate switching and control functions.

Stoneridge, Inc. (NYSE:SRI) Institutional Positions Chart

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