Stoneridge logo

StoneridgeNYSE: SRI

Profile

Industry:

Auto Parts

Country:

United States

IPO:

10 October 1997

Next earnings report:

N/A

Last dividends:

N/A

Next dividends:

N/A
$190.77 M
-72%vs. 3y high
32%vs. sector
-vs. 3y high
-vs. sector
-62%vs. 3y high
39%vs. sector
-74%vs. 3y high
16%vs. sector

Price

after hours | Fri, 01 Nov 2024 20:06:02 GMT
$6.89-$0.27(-3.77%)

Dividend

No data over the past 3 years
$213.83 M$239.09 M
$213.83 M-$7.07 M

Analysts recommendations

Institutional Ownership

SRI Latest News

Stoneridge Reports Third Quarter 2024 Results
prnewswire.com30 October 2024 Sentiment: POSITIVE

MirrorEye Becomes Standard Equipment on Several European Truck Platforms MirrorEye OEM Programs to Launch with Daimler Truck North America and a European Brand Year-to-Date Cash Performance Improved $31.3 million vs. Same Period in 2023 2024 Third Quarter Results Sales of $213.8 million Gross profit of $44.5 million Adjusted gross profit of $44.6 million (20.9% of sales) Operating income of $0.3 million Adjusted operating income of $0.7 million (0.3% of sales) Adjusted EBITDA of $9.2 million (4.3% of sales)  Adjusted EBITDA was unfavorably impacted by $2.6 million related to operating FX and non-operating expenses vs.

Stoneridge Announces Next MirrorEye® Program on New Freightliner Fifth Generation Cascadia
prnewswire.com28 October 2024 Sentiment: POSITIVE

NOVI, Mich. , Oct. 28, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced the availability of its next MirrorEye® Camera Monitor System program on Daimler Truck North America's (DTNA) new fifth generation Freightliner Cascadia, which begins series production in mid-2025.

DB Schenker Pilots Stoneridge's MirrorEye® Camera Monitor System on North American Fleet
prnewswire.com22 October 2024 Sentiment: POSITIVE

NOVI, Mich. , Oct. 22, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that DB Schenker, a global leader in supply chain management and logistics, is piloting its MirrorEye ® Camera Monitor System (CMS) on its North American fleet.

Stoneridge, Inc. To Broadcast Its Third Quarter 2024 Conference Call On The Web
prnewswire.com17 October 2024 Sentiment: POSITIVE

NOVI, Mich. , Oct. 17, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its third quarter 2024 earnings conference call live on Thursday, October 31, 2024, at 9:00 a.m.

Stoneridge to Present at CL King's 22nd Annual Best Ideas Conference
prnewswire.com04 September 2024 Sentiment: POSITIVE

NOVI, Mich. , Sept. 4, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive officer, and Matt Horvath, chief financial officer, will participate in the CL King's 22nd Annual Best Ideas Conference with a fireside chat at 2:45 p.m.

Stoneridge, Inc. (SRI) Q2 2024 Earnings Call Transcript
seekingalpha.com04 August 2024 Sentiment: NEUTRAL

Stoneridge, Inc. (NYSE:SRI ) Q2 2024 Earnings Conference Call August 1, 2024 9:00 AM ET Company Participants Kelly Harvey - Director, Investor Relations Jim Zizelman - President and CEO Matt Horvath - Chief Financial Officer Troy Cooprider - Chief Technology Officer Conference Call Participants Collin Nieman - Stephens Gary Prestopino - Barrington Research Operator Welcome to the Stoneridge, Inc., Second Quarter 2024 Results Conference Call. At this time, all participants are in a listen-only mode.

Stoneridge Reports Second Quarter 2024 Results
prnewswire.com31 July 2024 Sentiment: POSITIVE

Q2 Operating Performance Significantly Outperforms Previously Provided Expectations Driven by Strong Margin Expansion 2024 Second Quarter Results Sales of $237.1 million Gross profit of $53.7 million (22.7% of sales) Operating income of $3.4 million Adjusted operating income of $5.4 million (2.3% of sales ) Adjusted EBITDA of $16.1 million (6.8% of sales) Earnings per share ("EPS") of $0.10 Adjusted EPS of $0.17  2024 Full-Year Guidance Update Reducing full-year 2024 revenue midpoint guidance by $45 million to reflect updated FX rates (~$12 million impact), updated OEM production volumes (~$18 million impact) and potential volatility in non-OEM and customer demand-based products (~$15 million impact) Revenue guidance of $940 million - $970 million (midpoint of $955 million) Increasing gross margin midpoint guidance by 50 basis points to reflect continued material cost improvement and operational excellence Gross margin guidance of 22.75% - 23.0% Reducing adjusted operating margin and EBITDA margin expectations to reflect lower contribution from reduced revenue expectations, offset by improved gross margin performance and continued operating cost control Adjusted operating margin guidance of ~2.75% Adjusted EBITDA guidance of $58 million - $64 million (adjusted EBITDA margin of 6.2% - 6.6% ) Adjusted EPS guidance of $0.18 - $0.28 (midpoint of $0.23) NOVI, Mich. , July 31, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced financial results for the second quarter ended June 30, 2024, with sales of $237.1 million and earnings per share of $0.10.

Stoneridge to Present at 2024 J.P. Morgan Auto Conference
prnewswire.com30 July 2024 Sentiment: POSITIVE

NOVI, Mich. , July 30, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive officer, and Matt Horvath, chief financial officer, will participate in the J.P.

Stoneridge, Inc. To Broadcast Its Second Quarter 2024 Conference Call On The Web
prnewswire.com18 July 2024 Sentiment: POSITIVE

NOVI, Mich. , July 18, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) will webcast its second quarter 2024 earnings conference call live on Thursday, August 1, 2024, at 9:00 a.m.

Stoneridge to Present at the Deutsche Bank Global Auto Industry Conference
prnewswire.com05 June 2024 Sentiment: NEUTRAL

NOVI, Mich. , June 5, 2024 /PRNewswire/ -- Stoneridge, Inc. (NYSE: SRI) today announced that Jim Zizelman, president and chief executive officer, and Matt Horvath, chief financial officer, will participate in the Deutsche Bank Global Auto Industry Conference with a presentation at 1:55 p.m.

  • 1(current)

What type of business is Stoneridge?

Stoneridge, Inc. is a developer and manufacturer of engineering electrical and electronic components, modules, and systems for automotive, commercial, motorcycle, off-road, and agricultural equipment. The company was founded in 1965 and is headquartered in Novi, Michigan. In the "Control Devices" segment, the company develops and produces products that control, measure, or activate specific functions in a vehicle. The "Electronics" segment develops and manufactures electronic instrument panels, electronic control units, and driver information systems. The PST segment is engaged in the development, production, and sale of automotive audio and video devices, electronic vehicle safety systems, accessories for comfort and convenience, vehicle tracking devices, and monitoring services.

What sector is Stoneridge in?

Stoneridge is in the Consumer Cyclical sector

What industry is Stoneridge in?

Stoneridge is in the Auto Parts industry

What country is Stoneridge from?

Stoneridge is headquartered in United States

When did Stoneridge go public?

Stoneridge initial public offering (IPO) was on 10 October 1997

What is Stoneridge website?

https://www.stoneridge.com

Is Stoneridge in the S&P 500?

No, Stoneridge is not included in the S&P 500 index

Is Stoneridge in the NASDAQ 100?

No, Stoneridge is not included in the NASDAQ 100 index

Is Stoneridge in the Dow Jones?

No, Stoneridge is not included in the Dow Jones index

When was Stoneridge the previous earnings report?

No data

When does Stoneridge earnings report?

Next earnings report date is not announced yet