Recent significant negative changes in fundamentals have affected Stoneridge Inc. (NYSE: SRI): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Important negative changes in Stoneridge Inc. (NYSE: SRI) investment behavior have recently occurred: its longer term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
SRI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Stoneridge has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Stoneridge has a poor Appreciation Score of 26 and a poor Power Rating of 24, triggering the Lowest Value Trend Rating.
Recent Price Action
On 3/8/24, Stoneridge Inc. (NYSE: SRI) stock rose modestly by 0.5%, closing at $16.85. However, below average trading volume at 74% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -4.1% during the last week.
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