$0.43 EPS Expected for Stoneridge, Inc. (SRI)

October 14, 2018 - By Nellie Frank

Stoneridge, Inc. (NYSE:SRI) LogoInvestors sentiment increased to 1.2 in Q2 2018. Its up 0.05, from 1.15 in 2018Q1. It increased, as 11 investors sold Stoneridge, Inc. shares while 60 reduced holdings. 38 funds opened positions while 47 raised stakes. 24.48 million shares or 3.25% more from 23.71 million shares in 2018Q1 were reported.
California Public Employees Retirement invested in 0% or 96,548 shares. First Tru Ltd Partnership reported 30,818 shares. Century Inc stated it has 0.01% of its portfolio in Stoneridge, Inc. (NYSE:SRI). Huntington Bankshares has invested 0.03% of its portfolio in Stoneridge, Inc. (NYSE:SRI). Victory Cap Mngmt reported 0% stake. Horizon Invest Svcs Limited invested 1.54% in Stoneridge, Inc. (NYSE:SRI). Strs Ohio reported 28,700 shares or 0% of all its holdings. Bridgecreek Investment Management Lc reported 8,412 shares. Driehaus Capital reported 311,563 shares. Grantham Mayo Van Otterloo And Company Ltd invested 0.02% of its portfolio in Stoneridge, Inc. (NYSE:SRI). Mackenzie Fin holds 107,200 shares or 0.01% of its portfolio. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Management, a Alberta – Canada-based fund reported 12,900 shares. D E Shaw & owns 12,471 shares for 0% of their portfolio. Principal Gp has invested 0% in Stoneridge, Inc. (NYSE:SRI). Old Mutual Glob (Uk) Ltd has 0.01% invested in Stoneridge, Inc. (NYSE:SRI) for 49,810 shares.

Since May 8, 2018, it had 0 insider buys, and 3 selling transactions for $2.02 million activity. DeGaynor Jonathan B had sold 30,000 shares worth $897,104 on Tuesday, May 15. Shares for $178,099 were sold by Hartman Robert J. Jr. on Tuesday, May 8.

Analysts expect Stoneridge, Inc. (NYSE:SRI) to report $0.43 EPS on November, 7.They anticipate $0.07 EPS change or 19.44 % from last quarter’s $0.36 EPS. SRI’s profit would be $12.25M giving it 14.38 P/E if the $0.43 EPS is correct. After having $0.55 EPS previously, Stoneridge, Inc.’s analysts see -21.82 % EPS growth. It closed at $24.73 lastly. It is up 65.03% since October 14, 2017 and is uptrending. It has outperformed by 49.41% the S&P500.

Stoneridge, Inc. (NYSE:SRI) Ratings Coverage

Among 3 analysts covering Stoneridge (NYSE:SRI), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Stoneridge had 4 analyst reports since April 23, 2018 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, October 3 by Buckingham Research. C.L. King initiated the stock with “Buy” rating in Monday, April 23 report.

Stoneridge, Inc. designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, motorcycle, off-highway, and agricultural vehicle markets in North America, South America, Europe, and internationally. The company has market cap of $704.38 million. It operates through three divisions: Control Devices, Electronics, and PST. It has a 12.9 P/E ratio. The Control Devices segment provides sensors, switches, valves, and actuators, as well as other electronic products that monitors, measures, or activates specific functions within a vehicle; and actuator products that enable original equipment manufacturers to deploy power functions in a vehicle, as well as to integrate switching and control functions.

Stoneridge, Inc. (NYSE:SRI) Institutional Positions Chart

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