Stoneridge (SRI) to Release Quarterly Earnings on Wednesday

Stoneridge (NYSE:SRI) will likely be posting its quarterly earnings results after the market closes on Wednesday, February 26th. Analysts expect Stoneridge to post earnings of $0.18 per share and revenue of $207.61 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Stoneridge Stock Performance

NYSE SRI opened at $4.49 on Wednesday. The stock has a market cap of $124.18 million, a P/E ratio of -16.61 and a beta of 1.34. The company’s 50-day simple moving average is $5.56 and its 200 day simple moving average is $8.73. Stoneridge has a twelve month low of $4.12 and a twelve month high of $18.85. The company has a quick ratio of 1.40, a current ratio of 2.44 and a debt-to-equity ratio of 0.72.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. StockNews.com lowered shares of Stoneridge from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Barrington Research restated an “outperform” rating and issued a $16.00 price target on shares of Stoneridge in a research report on Thursday, October 31st.

Stoneridge Company Profile

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.