Stoneridge (SRI) to Release Earnings on Wednesday

Stoneridge (NYSE:SRI) is anticipated to announce its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $207.61 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Stoneridge Price Performance

Shares of NYSE SRI opened at $4.20 on Monday. The stock has a fifty day moving average price of $5.38 and a 200 day moving average price of $8.42. Stoneridge has a 1-year low of $4.11 and a 1-year high of $18.85. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.44 and a quick ratio of 1.40. The company has a market cap of $116.15 million, a PE ratio of -15.54 and a beta of 1.34.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on SRI shares. StockNews.com downgraded shares of Stoneridge from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Barrington Research restated an “outperform” rating and issued a $16.00 price objective on shares of Stoneridge in a research report on Thursday, October 31st.

About Stoneridge

Stoneridge, Inc, together with its subsidiaries, designs and manufactures engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. The company operates through three segments: Control Devices, Electronics, and Stoneridge Brazil.