Barrington analyst Gary Prestopino maintained a Hold rating on Stoneridge (SRI) today. The company’s shares closed last Friday at $29.98, close to its 52-week high of $32.55.
According to TipRanks.com, Prestopino is a 5-star analyst with an average return of 44.7% and a 59.5% success rate. Prestopino covers the Services sector, focusing on stocks such as Points International, Kar Auction Services, and Liquidity Services.
Stoneridge has an analyst consensus of Hold.
See today’s analyst top recommended stocks >>
Based on Stoneridge’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $176 million and net profit of $6.71 million. In comparison, last year the company earned revenue of $203 million and had a net profit of $6.66 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Stoneridge, Inc. engages in the production of engineered electrical and electronic components, modules, and systems for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets. It operates through the following segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment designs and manufactures products that monitor, measure, and activate specific functions within a vehicle such as sensors, switches, valves, and actuators. The Electronics segment offers driver information systems, camera-based vision systems, connectivity and compliance products, and electronic control units. The Stoneridge Brazil segment sells vehicle tracking devices and monitoring services, vehicle security alarms and convenience accessories, in-vehicle audio and infotainment devices, and telematics solutions. The company was founded by D. M. Draime in 1965 and is headquartered in Novi, MI.