Stoneridge (NYSE:SRI) Posts Earnings Results, Misses Estimates By $0.36 EPS

Stoneridge (NYSE:SRI) announced its quarterly earnings results on Wednesday. The auto parts company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.36), Zacks reports. Stoneridge had a negative net margin of 0.81% and a negative return on equity of 0.42%. The firm had revenue of $218.20 million for the quarter, compared to the consensus estimate of $207.61 million. Stoneridge updated its FY 2025 guidance to EPS and its FY 2026 guidance to EPS.

Stoneridge Stock Performance

NYSE SRI traded up $0.86 during trading on Thursday, hitting $5.06. 1,133,198 shares of the company’s stock traded hands, compared to its average volume of 278,244. The stock has a market capitalization of $139.99 million, a price-to-earnings ratio of -18.76 and a beta of 1.34. Stoneridge has a 12-month low of $4.11 and a 12-month high of $18.57. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.40 and a current ratio of 2.44. The business has a 50 day moving average of $5.26 and a 200-day moving average of $8.25.

Analysts Set New Price Targets

A number of research analysts recently issued reports on SRI shares. Barrington Research restated an “outperform” rating and set a $16.00 price objective on shares of Stoneridge in a report on Monday. StockNews.com lowered shares of Stoneridge from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th.

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.