Media coverage about Stoneridge (NYSE:SRI) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Stoneridge earned a coverage optimism score of 0.06 on Accern’s scale. Accern also gave media coverage about the auto parts company an impact score of 46.2851791821048 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

SRI has been the topic of a number of recent analyst reports. Barrington Research set a $35.00 target price on shares of Stoneridge and gave the company a “buy” rating in a research note on Friday, June 1st. Buckingham Research started coverage on shares of Stoneridge in a research report on Wednesday, June 20th. They set a “buy” rating and a $37.00 price objective for the company. Finally, ValuEngine downgraded shares of Stoneridge from a “buy” rating to a “hold” rating in a research report on Thursday, August 23rd. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. Stoneridge has an average rating of “Buy” and an average target price of $34.40.

Shares of NYSE:SRI traded up $0.04 during trading on Friday, reaching $28.54. 130,059 shares of the company’s stock traded hands, compared to its average volume of 206,234. The company has a quick ratio of 1.59, a current ratio of 2.13 and a debt-to-equity ratio of 0.43. Stoneridge has a 12 month low of $16.51 and a 12 month high of $37.69. The company has a market cap of $812.90 million, a PE ratio of 18.18, a P/E/G ratio of 1.64 and a beta of 0.98.

Stoneridge (NYSE:SRI) last announced its quarterly earnings data on Wednesday, August 1st. The auto parts company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.02. Stoneridge had a net margin of 6.52% and a return on equity of 21.43%. The business had revenue of $220.60 million during the quarter, compared to the consensus estimate of $220.40 million. During the same quarter in the prior year, the firm earned $0.42 EPS. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. research analysts forecast that Stoneridge will post 2.05 EPS for the current fiscal year.

Stoneridge Company Profile

Stoneridge, Inc designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, motorcycle, off-highway, and agricultural vehicle markets. It operates through three segments: Control Devices, Electronics, and PST. The Control Devices segment provides sensors, switches, valves, and actuators that monitor, measure, or activate specific functions within a vehicle.

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Insider Buying and Selling by Quarter for Stoneridge (NYSE:SRI)

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