It’s been a crucial week for Stoneridge, Inc. (NYSE:SRI); here’s what analysts have to say.

April 25, 2018 - By Nellie Frank

Stoneridge, Inc. (NYSE:SRI) LogoInvestors sentiment decreased to 1.11 in Q4 2017. Its down 0.25, from 1.36 in 2017Q3. It dived, as 15 investors sold Stoneridge, Inc. shares while 47 reduced holdings. 26 funds opened positions while 43 raised stakes. 24.51 million shares or 1.25% more from 24.21 million shares in 2017Q3 were reported.
First Trust Advsr Ltd Partnership owns 23,955 shares or 0% of their US portfolio. Parametric Port Assocs Ltd Liability Co, a Washington-based fund reported 107,469 shares. Comml Bank Of Montreal Can invested in 98,924 shares or 0% of the stock. Susquehanna Grp Llp invested 0% in Stoneridge, Inc. (NYSE:SRI). Bessemer Grp Inc Incorporated accumulated 0% or 22,300 shares. Legal & General Group Public Limited Com reported 6,506 shares or 0% of all its holdings. Aperio Grp Ltd Limited Liability Company invested 0% in Stoneridge, Inc. (NYSE:SRI). James Investment Research Inc invested in 86,560 shares. Stone Ridge Asset Mgmt Ltd Liability has 31,180 shares for 0.05% of their portfolio. Millennium Mgmt Limited Liability Corporation stated it has 128,245 shares. Cornercap Invest Counsel owns 35,900 shares for 0.11% of their portfolio. Lsv Asset reported 792,900 shares. Prelude Mngmt Ltd Liability Corp owns 0.01% invested in Stoneridge, Inc. (NYSE:SRI) for 6,933 shares. Pinnacle Associate Ltd reported 14,316 shares. Voya Investment Mngmt Limited Liability Company has invested 0% in Stoneridge, Inc. (NYSE:SRI).

Stoneridge, Inc. (NYSE:SRI) Ratings Coverage

Among 7 analysts covering Stoneridge (NYSE:SRI), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Stoneridge had 8 analyst reports since November 17, 2017 according to SRatingsIntel. Stephens upgraded Stoneridge, Inc. (NYSE:SRI) on Tuesday, March 20 to “Overweight” rating. The rating was maintained by B. Riley & Co with “Buy” on Tuesday, March 6. The stock of Stoneridge, Inc. (NYSE:SRI) has “Buy” rating given on Monday, April 23 by C.L. King. FBR Capital maintained the stock with “Hold” rating in Thursday, March 1 report. The stock of Stoneridge, Inc. (NYSE:SRI) has “Hold” rating given on Friday, November 17 by KeyBanc Capital Markets. The stock of Stoneridge, Inc. (NYSE:SRI) has “Hold” rating given on Thursday, January 4 by FBR Capital. Below is a list of Stoneridge, Inc. (NYSE:SRI) latest ratings and price target changes.

23/04/2018 Broker: C.L. King Rating: Buy Initiate
23/04/2018 Broker: CL King Rating: Buy New Target: $34 Initiates Coverage On
03/04/2018 Broker: Barrington Research Rating: Outperform New Target: $34 Initiates Coverage On
20/03/2018 Broker: Stephens Old Rating: Equal-Weight New Rating: Overweight Upgrade
06/03/2018 Broker: B. Riley & Co Old Rating: Buy New Rating: Buy Old Target: $21 New Target: $24 Maintain
01/03/2018 Broker: FBR Capital Rating: Hold Maintain
04/01/2018 Broker: FBR Capital Rating: Hold Maintain
17/11/2017 Broker: KeyBanc Capital Markets Rating: Hold Maintain

The stock decreased 1.02% or $0.28 during the last trading session, reaching $27.06. About 24,754 shares traded. Stoneridge, Inc. (NYSE:SRI) has risen 51.86% since April 25, 2017 and is uptrending. It has outperformed by 40.31% the S&P500.

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 $763.35 million. It operates through three divisions: Control Devices, Electronics, and PST. It has a 17.24 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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