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How to buy Stoneridge stock | 26.51

Own Stoneridge stock in just a few minutes.

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Stoneridge, Inc is an auto parts business based in the US. Stoneridge shares (SRI) are listed on the NYSE and all prices are listed in US Dollars. Stoneridge employs 4,700 staff and has a trailing 12-month revenue of around USD$648.6 million.

How to buy shares in Stoneridge

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Stoneridge. Find the stock by name or ticker symbol: SRI. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Stoneridge reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$26.51, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Stoneridge, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Stoneridge. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Stoneridge's share price?

Since the stock market crash in March caused by coronavirus, Stoneridge's share price has had significant negative movement.

Its last market close was USD$26.51, which is 10.50% down on its pre-crash value of USD$29.62 and 90.17% up on the lowest point reached during the March crash when the shares fell as low as USD$13.94.

If you had bought USD$1,000 worth of Stoneridge shares at the start of February 2020, those shares would have been worth USD$532.89 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$942.43.

Stoneridge share price

Use our graph to track the performance of SRI stocks over time.

Stoneridge shares at a glance

Information last updated 2020-11-20.
Latest market close USD$26.51
52-week range USD$13.87 - USD$32.27
50-day moving average USD$23.3942
200-day moving average USD$20.9514
Wall St. target price USD$28.5
PE ratio 10.4715
Dividend yield N/A (0%)
Earnings per share (TTM) USD$1.943

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Stoneridge stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Stoneridge price performance over time

Historical closes compared with the close of $26.51 from 2020-11-16

1 week (2020-11-16) N/A
1 month (2020-10-27) 18.03%
3 months (2020-08-23) N/A
6 months (2020-05-23) N/A
1 year (2019-11-23) N/A
2 years (2018-11-23) N/A
3 years (2017-11-23) N/A
5 years (2015-11-23) N/A

Is Stoneridge under- or over-valued?

Valuing Stoneridge stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Stoneridge's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Stoneridge's P/E ratio

Stoneridge's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Stoneridge shares trade at around 10x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Stoneridge's PEG ratio

Stoneridge's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 53.46. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Stoneridge's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Stoneridge's EBITDA

Stoneridge's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$31.4 million.

The EBITDA is a measure of a Stoneridge's overall financial performance and is widely used to measure a its profitability.

Stoneridge financials

Revenue TTM USD$648.6 million
Gross profit TTM USD$221.4 million
Return on assets TTM -0.07%
Return on equity TTM -2.71%
Profit margin -1.13%
Book value $9.789
Market capitalisation USD$710.8 million

TTM: trailing 12 months

Shorting Stoneridge shares

There are currently 561,091 Stoneridge shares held short by investors – that's known as Stoneridge's "short interest". This figure is 54.8% up from 362,444 last month.

There are a few different ways that this level of interest in shorting Stoneridge shares can be evaluated.

Stoneridge's "short interest ratio" (SIR)

Stoneridge's "short interest ratio" (SIR) is the quantity of Stoneridge shares currently shorted divided by the average quantity of Stoneridge shares traded daily (recently around 128102.96803653). Stoneridge's SIR currently stands at 4.38. In other words for every 100,000 Stoneridge shares traded daily on the market, roughly 4380 shares are currently held short.

However Stoneridge's short interest can also be evaluated against the total number of Stoneridge shares, or, against the total number of tradable Stoneridge shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Stoneridge's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Stoneridge shares in existence, roughly 20 shares are currently held short) or 0.0217% of the tradable shares (for every 100,000 tradable Stoneridge shares, roughly 22 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Stoneridge.

Find out more about how you can short Stoneridge stock.

Stoneridge share dividends

We're not expecting Stoneridge to pay a dividend over the next 12 months.

Have Stoneridge's shares ever split?

Stoneridge's shares were split on a 5:9 basis on 22 March 2011. So if you had owned 9 shares the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Stoneridge shares – just the quantity. However, indirectly, the new 80% higher share price could have impacted the market appetite for Stoneridge shares which in turn could have impacted Stoneridge's share price.

Stoneridge share price volatility

Over the last 12 months, Stoneridge's shares have ranged in value from as little as $13.87 up to $32.27. A popular way to gauge a stock's volatility is its "beta".

SRI.US volatility(beta: 1.55)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Stoneridge's is 1.5547. This would suggest that Stoneridge's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Stoneridge overview

Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets. The company operates in three segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment offers sensors, switches, and actuators that monitor, measure, or activate specific functions within a vehicle. The Electronics segment designs and manufactures driver information systems, camera-based vision systems, connectivity, compliance products, and electronic control units. Its products collect, store, and display vehicle information, such as speed, pressure, maintenance data, trip information, operator performance, temperature, distance traveled, and driver messages related to vehicle performance. This segment's power distribution modules and systems regulate, coordinate, monitor, and direct the operation of the electrical system within a vehicle. The Stoneridge Brazil segment design, manufacture and sell vehicle tracking devices and monitoring services; vehicle security alarms and convenience accessories; in-vehicle audio and infotainment devices; and telematics solutions. It provides its products and systems to various original equipment manufacturers and tier 1 customers, as well as aftermarket distributors and mass merchandisers for use in various vehicle platforms. It serves in North America, South America, Europe, and internationally. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan.

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