The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Strong Buy. Despite a weak stock market performance, the company shows strong fundamentals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Stoneridge Inc's Score
Industry at a Glance
Industry Ranking
25 / 72
Overall Ranking
149 / 4615
Industry
Automobiles & Auto Parts
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
1
analysts
Strong Buy
Current Rating
16.000
Target Price
+134.95%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Stoneridge Inc Highlights
StrengthsRisks
Stoneridge, Inc. is a global designer and manufacturer of engineered electrical and electronic systems, components and modules for the automotive, commercial, off-highway and agricultural vehicle markets. The Company operates through three segments: Control Devices, Electronics and Stoneridge Brazil. Its Control Devices segment designs and manufactures products that monitor, measure or activate specific functions within a vehicle. Its Electronics segment designs and manufactures driver information systems, vision and safety systems, connectivity and compliance products and electronic control units. Its Stoneridge Brazil (SRB) segment primarily serves the South American market and specializes in the design, manufacture and sale of vehicle tracking devices and monitoring services, vehicle security alarms and convenience accessories, in-vehicle audio and infotainment devices, driver information systems and telematics solutions primarily for the automotive market.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 908.29M.
Overvalued
The company’s latest PE is -5.00, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 25.33M shares, decreasing 22.74% quarter-over-quarter.
Stoneridge, Inc. is a global designer and manufacturer of engineered electrical and electronic systems, components and modules for the automotive, commercial, off-highway and agricultural vehicle markets. The Company operates through three segments: Control Devices, Electronics and Stoneridge Brazil. Its Control Devices segment designs and manufactures products that monitor, measure or activate specific functions within a vehicle. Its Electronics segment designs and manufactures driver information systems, vision and safety systems, connectivity and compliance products and electronic control units. Its Stoneridge Brazil (SRB) segment primarily serves the South American market and specializes in the design, manufacture and sale of vehicle tracking devices and monitoring services, vehicle security alarms and convenience accessories, in-vehicle audio and infotainment devices, driver information systems and telematics solutions primarily for the automotive market.