Stoneridge, Inc. (SRI) Analysts See $0.32 EPS

October 13, 2017 - By wolcottdaily

 Stoneridge, Inc. (SRI) Analysts See $0.32 EPS
Investors sentiment decreased to 1.1 in Q2 2017. Its down 0.38, from 1.48 in 2017Q1. It dropped, as 19 investors sold Stoneridge, Inc. shares while 42 reduced holdings. 21 funds opened positions while 46 raised stakes. 24.55 million shares or 0.60% less from 24.70 million shares in 2017Q1 were reported.
1,460 were accumulated by Wfg Advisors Lp. The New York-based Commercial Bank Of Mellon Corp has invested 0% in Stoneridge, Inc. (NYSE:SRI). Fmr Limited Liability has invested 0% in Stoneridge, Inc. (NYSE:SRI). Jacobs Levy Equity Management Inc has invested 0.06% in Stoneridge, Inc. (NYSE:SRI). Clarivest Asset Mgmt Limited Co invested in 0.01% or 41,282 shares. Mckinley Capital Mgmt Limited Company Delaware reported 298,053 shares stake. Commercial Bank Of America Corporation De holds 0% in Stoneridge, Inc. (NYSE:SRI) or 45,588 shares. Sg Americas Ltd Liability Corp owns 14,090 shares or 0% of their US portfolio. State Common Retirement Fund reported 28,000 shares. First Interstate Fincl Bank holds 0.03% or 8,390 shares in its portfolio. Metropolitan Life Insur Comm New York holds 0% of its portfolio in Stoneridge, Inc. (NYSE:SRI) for 19,909 shares. Morgan Stanley owns 78,802 shares or 0% of their US portfolio. Gsa Partners Ltd Liability Partnership reported 33,939 shares or 0.03% of all its holdings. Brinker Capital Incorporated holds 0.02% or 30,944 shares in its portfolio. Invesco Limited reported 154,469 shares.

Since May 17, 2017, it had 0 buys, and 1 insider sale for $365,886 activity.

Analysts expect Stoneridge, Inc. (NYSE:SRI) to report $0.32 EPS on October, 26.They anticipate $0.04 EPS change or 11.11 % from last quarter’s $0.36 EPS. SRI’s profit would be $9.04M giving it 17.08 P/E if the $0.32 EPS is correct. After having $0.42 EPS previously, Stoneridge, Inc.’s analysts see -23.81 % EPS growth. The stock increased 0.28% or $0.06 during the last trading session, reaching $21.86. About 142,671 shares traded. Stoneridge, Inc. (NYSE:SRI) has risen 8.60% since October 13, 2016 and is uptrending. It has underperformed by 8.10% the S&P500.

Stoneridge, Inc. (NYSE:SRI) Ratings Coverage

Among 2 analysts covering Stoneridge (NYSE:SRI), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Stoneridge had 5 analyst reports since July 31, 2015 according to SRatingsIntel. The rating was downgraded by Sidoti on Tuesday, May 31 to “Neutral”. On Friday, July 31 the stock rating was upgraded by B. Riley & Co to “Buy”. BB&T Capital upgraded Stoneridge, Inc. (NYSE:SRI) on Monday, September 28 to “Buy” rating.

Stoneridge, Inc. is a designer and manufacturer of engineered electrical and electronic components, modules and systems for the automotive, commercial, motorcycle, off-highway and agricultural vehicle markets. The company has market cap of $617.48 million. The Firm operates through three divisions: Control Devices, Electronics and PST. It has a 8.08 P/E ratio. The Company’s Control Devices segment creates and makes products that monitor, measure or activate specific functions within a vehicle and includes product lines, such as sensors, switches, valves, and actuators.

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