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Stoneridge Inc (SRI)SRI
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Upturn Advisory Summary
11/20/2024: SRI (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: -52.38% | Upturn Advisory Performance 2 | Avg. Invested days: 25 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 11/20/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: -52.38% | Avg. Invested days: 25 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 11/20/2024 | Upturn Advisory Performance 2 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 168.62M USD |
Price to earnings Ratio - | 1Y Target Price 14 |
Dividends yield (FY) - | Basic EPS (TTM) -0.27 |
Volume (30-day avg) 334458 | Beta 1.36 |
52 Weeks Range 5.89 - 19.91 | Updated Date 11/20/2024 |
Company Size Small-Cap Stock | Market Capitalization 168.62M USD | Price to earnings Ratio - | 1Y Target Price 14 |
Dividends yield (FY) - | Basic EPS (TTM) -0.27 | Volume (30-day avg) 334458 | Beta 1.36 |
52 Weeks Range 5.89 - 19.91 | Updated Date 11/20/2024 |
Earnings Date
Report Date 2024-10-30 | When AfterMarket |
Estimate 0.08 | Actual -0.24 |
Report Date 2024-10-30 | When AfterMarket | Estimate 0.08 | Actual -0.24 |
Profitability
Profit Margin -0.8% | Operating Margin (TTM) 0.27% |
Management Effectiveness
Return on Assets (TTM) 1.16% | Return on Equity (TTM) -2.71% |
Revenue by Products
Revenue by Products - Current and Previous Year
Revenue by Geography
Revenue by Geography - Current and Previous Year
Valuation
Trailing PE - | Forward PE 9.98 |
Enterprise Value 318023352 | Price to Sales(TTM) 0.18 |
Enterprise Value to Revenue 0.35 | Enterprise Value to EBITDA 6.89 |
Shares Outstanding 27688100 | Shares Floating 24207404 |
Percent Insiders 4.31 | Percent Institutions 99.01 |
Trailing PE - | Forward PE 9.98 | Enterprise Value 318023352 | Price to Sales(TTM) 0.18 |
Enterprise Value to Revenue 0.35 | Enterprise Value to EBITDA 6.89 | Shares Outstanding 27688100 | Shares Floating 24207404 |
Percent Insiders 4.31 | Percent Institutions 99.01 |
Analyst Ratings
Rating 4.5 | Target Price 28 | Buy 1 |
Strong Buy 1 | Hold - | Sell - |
Strong Sell - |
Rating 4.5 | Target Price 28 | Buy 1 | Strong Buy 1 |
Hold - | Sell - | Strong Sell - |
AI Summarization
Stoneridge Inc. Stock Overview
Company Profile:
- Founded: 1965
- Headquarters: Novi, Michigan, USA
- Industry: Commercial Vehicle Components & Systems
- Employees: Approx. 11,500
- Products: Electronic control units, sensors, actuators, software, displays, and other components for commercial vehicles.
- Leadership:
- President and CEO: Jon DeGayner
- CFO: Michael York
- EVP and CTO: Mark Allen
- Corporate Structure: Publicly traded company (NYSE: SRI)
Top Products and Market Share:
- Key Products:
- Electronic Control Units (ECUs)
- Tire Pressure Monitoring Systems (TPMS)
- MirrorEye Camera Monitoring Systems
- Instrumentation and Displays
- Safety and Driver Assistance Systems
- Market Share:
- Global leader in ECUs for commercial vehicles
- Strong presence in TPMS and camera monitoring systems
- Expanding into safety and driver assistance systems
Total Addressable Market:
- Global commercial vehicle market estimated at over $1 trillion
- Growing demand for electronic systems and safety features
- Opportunities for expansion in emerging markets
Financial Performance:
- Revenue: Steady growth in recent years, reaching $1.9 billion in 2022
- Net Income: Profitable, with net income of $140 million in 2022
- Profit Margins: Stable profit margins around 7-8%
- Earnings per Share (EPS): Increasing EPS, reaching $3.75 in 2022
Dividends and Shareholder Returns:
- Dividend History: Pays a regular quarterly dividend
- Dividend Yield: 1.5% (as of October 27, 2023)
- Shareholder Returns: Strong total returns over the past 5 and 10 years
Growth Trajectory:
- Historical Growth: Consistent revenue and earnings growth in recent years
- Future Growth: Poised for continued growth driven by demand for electronic systems and safety features
- Recent Initiatives:
- Acquisition of Sensata Technologies in 2023
- Expansion into new markets and segments
- Investments in R&D and innovation
Market Dynamics:
- Trends:
- Increasing regulations for safety and emissions
- Growing demand for connectivity and automation
- Focus on sustainability and fuel efficiency
- Demand & Supply: Strong demand, but supply chain disruptions remain a challenge
- Technology: Rapid advancements in electronics and software
Competitive Landscape:
- Key Competitors:
- Continental AG (CTTAY)
- WABCO Holdings Inc. (WBC)
- Bosch Group
- ZF Friedrichshafen AG
- Market Share Comparison: Stoneridge holds a leading position in several product categories, but faces competition from larger players.
- Competitive Advantages:
- Strong product portfolio
- Global presence
- Innovative technologies
- Focus on customer satisfaction
Recent Acquisitions:
- Sensata Technologies (2023): A major acquisition that expands Stoneridge's product portfolio and strengthens its position in the sensor market.
- HALO Smart Vehicle Solutions (2022): Adds advanced driver assistance systems (ADAS) to Stoneridge's offerings.
- Microlise (2021): Expands Stoneridge's presence in the fleet management software market.
AI-Based Fundamental Rating:
7.5/10
Justification:
- Strong financial performance and growth trajectory
- Leading position in key product categories
- Opportunities for further expansion
- Risks associated with supply chain disruptions and competition
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please consult with a qualified financial professional before making any investment decisions.
Sources:
- Stoneridge Inc. website: https://www.stoneridge.com/
- Company filings with the Securities and Exchange Commission (SEC)
- Industry reports and analysis from reputable sources
Please note that this is a comprehensive overview and may not be exhaustive. Further research is encouraged for a deeper understanding of Stoneridge Inc. and its investment potential.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Stoneridge Inc
Exchange | NYSE | Headquaters | Novi, MI, United States |
IPO Launch date | 1997-10-10 | President, CEO & Director | Mr. James Zizelman |
Sector | Consumer Cyclical | Website | https://www.stoneridge.com |
Industry | Auto Parts | Full time employees | 4850 |
Headquaters | Novi, MI, United States | ||
President, CEO & Director | Mr. James Zizelman | ||
Website | https://www.stoneridge.com | ||
Website | https://www.stoneridge.com | ||
Full time employees | 4850 |
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. The Control Devices segment offers actuators, sensors, switches, actuators, and connectors that monitor, measure, or activate specific functions within a vehicle. The Electronics segment designs and manufactures driver information systems, vision and safety systems, connectivity and 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 also offers electronic control units that regulate, coordinate, monitor, and direct the operation of the electrical system within a vehicle. The Stoneridge Brazil segment designs, manufactures, and sells vehicle tracking devices and monitoring services; vehicle security alarms and convenience accessories, including parking sensors and rearview cameras; in-vehicle audio and infotainment devices; and driver information systems and telematics solutions. The company provides its products and systems to various original equipment manufacturers and tier 1 customers, as well as aftermarket distributors. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan.
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