Is Stoneridge Stock a Good Investment?

Stoneridge Investment Advice

SRI

To provide specific investment advice or recommendations on Stoneridge stock, we recommend investors consider the following general factors when evaluating Stoneridge. This will help you to make an informed decision on whether to include Stoneridge in one of your diversified portfolios:

Examine Stoneridge's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
Research Stoneridge's leadership team and their track record. Good management can help Stoneridge navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
Consider the overall health of the Automotive Parts & Equipment space and any emerging trends that could impact Stoneridge's business and its evolving consumer preferences.
Compare Stoneridge's performance and market position to its competitors. Analyze how Stoneridge is positioned in terms of product offerings, innovation, and market share.
Check if Stoneridge pays a dividend and its dividend yield and payout ratio.
Review what financial analysts are saying about Stoneridge's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.

It's important to note that investing in Stoneridge stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Stoneridge is a good investment.

Sell

Buy

Strong Sell

We provide advice to complement the current expert consensus on Stoneridge. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Stoneridge is not overpriced, please validate all Stoneridge fundamentals, including its revenue, cash flow from operations, working capital, as well as the relationship between the cash per share and number of employees . Given that Stoneridge has a price to earning of 42.67 X, we advise you to double-check Stoneridge market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Market Performance	Very Weak	Details
Volatility	Somewhat reliable	Details
Hype Condition	Over hyped	Details
Current Valuation	Undervalued	Details
Odds Of Distress	Low	Details
Economic Sensitivity	Hyperactively responds to market trends	Details
Investor Sentiment	Interested	Details
Analyst Consensus	Strong Buy	Details
Financial Strenth (F Score)	Healthy	Details
Financial Leverage	Not Rated	Details
Reporting Quality (M-Score)	Possible Manipulator	Details

Examine Stoneridge Stock

Researching Stoneridge's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.62. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Stoneridge recorded a loss per share of 0.27. The entity had not issued any dividends in recent years. The firm had 5:9 split on the 22nd of March 2011.

To determine if Stoneridge is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Stoneridge's research are outlined below:

	Stoneridge generated a negative expected return over the last 90 days
	Stoneridge has high historical volatility and very poor performance
	The company reported the last year's revenue of 975.82 M. Reported Net Loss for the year was (5.18 M) with profit before taxes, overhead, and interest of 174.93 M.
	Over 99.0% of the company shares are owned by institutional investors
	Latest headline from gurufocus.com: COOPER CREEK PARTNERS MANAGEMENT LLC Reduces Stake in Stoneridge Inc

Stoneridge Quarterly Cash And Short Term Investments

54.14 Million

Stoneridge uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Stoneridge. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Stoneridge's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.

	6th of March 2024 Upcoming Quarterly Report	View
	1st of May 2024 Next Financial Report	View
	31st of December 2023 Next Fiscal Quarter End	View
	6th of March 2024 Next Fiscal Year End	View
	30th of September 2023 Last Quarter Report	View
	31st of December 2022 Last Financial Announcement	View

Earnings surprises can significantly impact Stoneridge's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Stoneridge's investors have experienced.

Reported	Fiscal Date	Estimated EPS	Reported EPS	Surprise
2024-02-28	2023-12-31	0.1	0.11	0.01	10
2014-03-06	2013-12-31	0.02	0.01	-0.01	50
2008-11-07	2008-09-30	-0.03	-0.02	0.01	33
2007-08-01	2007-06-30	0.1	0.11	0.01	10
2001-07-17	2001-06-30	0.06	0.07	0.01	16
2012-08-09	2012-06-30	0.04	0.02	-0.02	50
2012-05-01	2012-03-31	0.2	0.22	0.02	10
2005-07-26	2005-06-30	0.1	0.12	0.02	20

Know Stoneridge's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Stoneridge is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Stoneridge backward and forwards among themselves. Stoneridge's institutional investor refers to the entity that pools money to purchase Stoneridge's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.

		Shares
State Street Corp	2024-06-30	617.1 K
Morgan Stanley - Brokerage Accounts	2024-06-30	564.8 K
Evr Research Lp	2024-06-30	545 K
Kennedy Capital Management Inc	2024-06-30	507.9 K
Ranger Investment Management Lp	2024-09-30	370.6 K
Raymond James Finl Svs Advisors, Inc.	2024-09-30	347.7 K
Charles Schwab Investment Management Inc	2024-09-30	343.2 K
American Century Companies Inc	2024-09-30	303 K
Nuveen Asset Management, Llc	2024-06-30	300.6 K
Thrivent Financial For Lutherans	2024-09-30	3 M
Blackrock Inc	2024-06-30	2.1 M

Note, although Stoneridge's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Stoneridge's market capitalization trends

The company currently falls under 'Small-Cap' category with a total capitalization of 168.62 M.

Market Cap

370.58 Million

Stoneridge's profitablity analysis

	Last Reported	Projected for Next Year
Return On Tangible Assets	(0.01)	(0.01)
Return On Capital Employed	0.03	0.02
Return On Assets	(0.01)	(0.01)
Return On Equity	(0.02)	(0.02)

The company has Net Profit Margin of (0.01) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average.

Determining Stoneridge's profitability involves analyzing its financial statements and using various financial metrics to determine if Stoneridge is a good buy. For example, gross profit margin measures Stoneridge's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Stoneridge's profitability and make more informed investment decisions.

Stoneridge's Earnings Breakdown by Geography

Evaluate Stoneridge's management efficiency

Stoneridge has Return on Asset of 0.0116 % which means that on every $100 spent on assets, it made $0.0116 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0271) %, meaning that it generated no profit with money invested by stockholders. Stoneridge's management efficiency ratios could be used to measure how well Stoneridge manages its routine affairs as well as how well it operates its assets and liabilities. The Stoneridge's current Return On Tangible Assets is estimated to increase to -0.0082. The current Return On Capital Employed is estimated to decrease to 0.02. As of now, Stoneridge's Intangible Assets are decreasing as compared to previous years. The Stoneridge's current Other Assets is estimated to increase to about 307.4 M, while Total Assets are projected to decrease to under 578.9 M.

	Last Reported	Projected for Next Year
Book Value Per Share	10.55	6.52
Tangible Book Value Per Share	7.52	7.89
Enterprise Value Over EBITDA	13.64	14.32
Price Book Value Ratio	1.86	2.03
Enterprise Value Multiple	13.64	14.32
Price Fair Value	1.86	2.03
Enterprise Value	696 M	505.8 M

The strategic initiatives led by Stoneridge's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.

Beta

1.359

Basic technical analysis of Stoneridge Stock

As of the 22nd of November, Stoneridge has the Variance of 17.77, risk adjusted performance of (0.19), and Coefficient Of Variation of (377.72). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Stoneridge, as well as the relationship between them.

Stoneridge's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Stoneridge insiders, such as employees or executives, is commonly permitted as long as it does not rely on Stoneridge's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Stoneridge insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

		Caetano Ferraiolo over two months ago Acquisition by Caetano Ferraiolo of 1476 shares of Stoneridge subject to Rule 16b-3
		Noblet Natalia over two months ago Acquisition by Noblet Natalia of 12264 shares of Stoneridge subject to Rule 16b-3
		Matt Horvath over two months ago Disposition of 2769 shares by Matt Horvath of Stoneridge at 14.34 subject to Rule 16b-3
		James Zizelman over six months ago Acquisition by James Zizelman of 6500 shares of Stoneridge at 15.72 subject to Rule 16b-3
		Rajaey Kased over six months ago Disposition of 2112 shares by Rajaey Kased of Stoneridge subject to Rule 16b-3
		Troy Cooprider over six months ago Disposition of 7334 shares by Troy Cooprider of Stoneridge subject to Rule 16b-3
		Caetano Ferraiolo over six months ago Acquisition by Caetano Ferraiolo of 5800 shares of Stoneridge subject to Rule 16b-3
		James Zizelman over a year ago Stoneridge exotic insider transaction detected
		Suttmeier Vince over a year ago Stoneridge exotic insider transaction detected

Stoneridge's Outstanding Corporate Bonds

Stoneridge issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Stoneridge uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Stoneridge bonds can be classified according to their maturity, which is the date when Stoneridge has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

	Dana 575 percent Corp Bond US235822AB96	View
	Boeing Co 2196 Corp Bond US097023DG73	View
	US86184WAA45 Corp Bond US86184WAA45	View

View All Stoneridge Corporate Bonds

Understand Stoneridge's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing Stoneridge's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

	Risk Adjusted Performance	(0.19)
	Market Risk Adjusted Performance	(0.38)
	Mean Deviation	2.75
	Coefficient Of Variation	(377.72)
	Standard Deviation	4.21
	Variance	17.77
	Information Ratio	(0.29)
	Jensen Alpha	(1.37)
	Total Risk Alpha	(1.60)
	Treynor Ratio	(0.39)
	Maximum Drawdown	30.14
	Value At Risk	(6.29)
	Potential Upside	4.32
	Skewness	(2.57)
	Kurtosis	14.24

	Risk Adjusted Performance	(0.19)
	Market Risk Adjusted Performance	(0.38)
	Mean Deviation	2.75
	Coefficient Of Variation	(377.72)
	Standard Deviation	4.21
	Variance	17.77
	Information Ratio	(0.29)
	Jensen Alpha	(1.37)
	Total Risk Alpha	(1.60)
	Treynor Ratio	(0.39)
	Maximum Drawdown	30.14
	Value At Risk	(6.29)
	Potential Upside	4.32
	Skewness	(2.57)
	Kurtosis	14.24

Consider Stoneridge's intraday indicators

Stoneridge intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Stoneridge stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

	Accumulation Distribution	0.0499
	Daily Balance Of Power	1.0
	Rate Of Daily Change	1.05
	Day Median Price	6.25
	Day Typical Price	6.3
	Market Facilitation Index	0.32
	Price Action Indicator	0.32
	Period Momentum Indicator	0.32
	Relative Strength Index	25.48

Stoneridge Corporate Filings

13A	20th of November 2024 An amended filing to the original Schedule 13G	View Verify
13A	14th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934	View Verify
	13th of November 2024 Other Reports	View Verify
8K	30th of October 2024 Report filed with the SEC to announce major events that shareholders should know about	View Verify

Stoneridge time-series forecasting models is one of many Stoneridge's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Stoneridge's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stoneridge Stock media impact

Far too much social signal, news, headlines, and media speculation about Stoneridge that are available to investors today. That information is available publicly through Stoneridge media outlets and privately through word of mouth or via Stoneridge internal channels. However, regardless of the origin, that massive amount of Stoneridge data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.

A primary focus of Stoneridge news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Stoneridge relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Stoneridge's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Stoneridge alpha.

Stoneridge Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards Stoneridge can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.

Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Stoneridge Corporate Directors

Douglas Jacobs	Independent Director	Profile
Ira Kaplan	Independent Director	Profile
William Lasky	Lead Independent Director	Profile
George Mayes	Independent Director	Profile

When determining whether Stoneridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stoneridge's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stoneridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stoneridge Stock: