Barrington Reaffirms Their Buy Rating on Stoneridge (SRI)
In a report released today, Gary Prestopino from Barrington maintained a Buy rating on Stoneridge (SRI – Research Report), with a price target of $16.00. The company’s shares opened today at $4.34.
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Prestopino covers the Consumer Cyclical sector, focusing on stocks such as LKQ, Liquidity Services, and Stoneridge. According to TipRanks, Prestopino has an average return of 13.4% and a 52.06% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Stoneridge with a $16.00 average price target.
Based on Stoneridge’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $217.89 million and a GAAP net loss of $7.2 million. In comparison, last year the company earned a revenue of $239.16 million and had a GAAP net loss of $6.13 million
Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SRI in relation to earlier this year. Most recently, in March 2025, Robert J. Jr. Hartman, the CAO of SRI sold 969.00 shares for a total of $5,300.43.
