Stoneridge Inc. (SRI) has received an updated analyst rating report from Barrington Research. Analyst Gary Prestopino has maintained the stock's rating at "Outperform", reflecting continued confidence in SRI's performance potential. The price target for Stoneridge has also been maintained at $16.00 USD, indicating stability in the company's expected market value. There have been no adjustments to the rating or price target as of July 10, 2025.
Stoneridge Inc. (SRI) has received an updated analyst rating report from Barrington Research, maintaining its stock's "Outperform" rating. The report, released on July 10, 2025, reflects continued confidence in SRI's performance potential. The price target for Stoneridge remains at $16.00 USD, indicating stability in the company's expected market value.
Gary Prestopino, the analyst at Barrington Research, reiterated his "Outperform" rating for Stoneridge, highlighting the company's potential for growth and profitability. The unchanged price target of $16.00 USD suggests that analysts at Barrington Research believe the stock is undervalued and has significant upside potential.
Stoneridge, a small-cap, global automotive electronics supplier, designs and manufactures engineered electrical and electronic systems, components, and modules for various vehicle markets. The company operates through three segments: Control Devices, Electronics, and Stoneridge Brazil. Recent financial performance has shown mixed results, with revenue decreasing by 6.92% in 2024 compared to 2023, and a loss of -$16.52 million [3].
Despite these challenges, analysts remain optimistic about Stoneridge's prospects. The company's focus on optimizing its operations and reducing costs, as indicated by its recent earnings reports, is seen as a positive sign. Additionally, the company's strategic exploration of selling its Control Devices division, as reported by UBS, suggests a commitment to streamlining its operations and enhancing shareholder value [2].
Institutional investors have also shown interest in Stoneridge, with several major investors increasing their stakes in the company. Walleye Capital LLC, Amundi, JPMorgan Chase & Co., Two Sigma Investments LP, and Connor Clark & Lunn Investment Management Ltd. have all significantly increased their holdings in Stoneridge, indicating confidence in the company's long-term prospects [1].
References:
[1] https://www.marketbeat.com/instant-alerts/barrington-research-reaffirms-outperform-rating-for-stoneridge-nysesri-2025-07-10/
[2] https://www.gurufocus.com/news/2967173/stoneridge-sri-considers-selling-control-devices-division-sri-stock-news
[3] https://stockanalysis.com/stocks/sri/
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