SRI Stoneridge, Inc.
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.
Company profile
Ticker
SRI
Exchange
Website
CEO
Jonathan Blair De Gaynor
Employees
Incorporated in
Location
Fiscal year end
Sector
Industry (SEC)
Magna International • Icahn Enterprises • Aptiv • Dana • BorgWarner • Garrett Motion • Delphi Technologies • Cooper-Standard • Tenneco • Lear ...
SEC CIK
Corporate docs
IRS number
341598949
SRI stock data
()
Investment data
Securities sold
Number of investors
Calendar
6 May 20
12 Jul 20
31 Dec 20
News
Company financial data Financial data
| Quarter (USD) | Mar 20 | Dec 19 | Sep 19 | Jun 19 | |
|---|---|---|---|---|---|
| Revenue | 182.97M | 190.37M | 203.39M | 222.24M | |
| Net income | 3.49M | 4.21M | 6.66M | 39.76M | |
| Diluted EPS | 0.13 | 0.15 | 0.24 | 1.41 | |
| Net profit margin | 1.91% | 2.21% | 3.28% | 17.89% | |
| Operating income | 3.66M | 1.07M | 9.32M | 49.19M | |
| Net change in cash | 11.9M | 14.14M | 3.76M | -1.58M | |
| Cash on hand | 81.31M | 69.4M | 55.26M | 51.5M | |
| Cost of revenue | 137.57M | 146.17M | 151.53M | 165.41M |
| Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
|---|---|---|---|---|---|
| Revenue | 834.29M | 866.2M | 824.44M | 695.98M | |
| Net income | 60.29M | 53.85M | 45.05M | 75.57M | |
| Diluted EPS | 2.13 | 1.85 | 1.57 | 2.74 | |
| Net profit margin | 7.23% | 6.22% | 5.46% | 10.86% | |
| Operating income | 71.28M | 67M | 57.37M | 44.08M | |
| Net change in cash | -11.69M | 15.09M | 15.61M | -3.97M | |
| Cash on hand | 69.4M | 81.09M | 66M | 50.39M | |
| Cost of revenue | 620.56M | 609.57M | 576.3M | 500.54M |
Financial data from Stoneridge earnings reports
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 9 Mar 20 | Jeffrey P Draime | Common Shares, without par value | Grant | Aquire A | No | 0 | 6,810 | 0 | 99,309 |
| 9 Mar 20 | Douglas C Jacobs | Common Shares, without par value | Grant | Aquire A | No | 0 | 6,810 | 0 | 68,669 |
| 9 Mar 20 | Kim Korth | Common Shares, without par value | Grant | Aquire A | No | 0 | 6,810 | 0 | 63,409 |
| 9 Mar 20 | William M Lasky | Common Shares, without par value | Grant | Aquire A | No | 0 | 6,810 | 0 | 134,389 |
Institutional ownership Q1 2020
95.4% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 120 |
| Opened positions | 12 |
| Closed positions | 41 |
| Increased positions | 34 |
| Reduced positions | 59 |
13F shares |
Current |
|---|---|
| Total value | 2.38B |
| Total shares | 25.75M |
| Total puts | 400 |
| Total calls | 12.9K |
| Total put/call ratio | 0.0 |
Largest owners |
Shares | Value |
|---|---|---|
| BLK BlackRock | 2M | $33.52M |
| Dimensional Fund Advisors | 1.81M | $30.34M |
| SAMG Silvercrest Asset Management | 1.8M | $30.17M |
| N Price T Rowe Associates | 1.65M | $27.59M |
| Frontier Capital Management | 1.63M | $27.22M |
| Massachusetts Financial Services | 1.39M | $23.23M |
| Vanguard | 1.38M | $23.16M |
| Pembroke Management | 936.92K | $15.69M |
| Cooke & Bieler | 860.79K | $14.42M |
| FMR | 791.5K | $13.26M |
Content analysis
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| Readability |
H.S. sophomore Avg
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New words:
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Removed:
adjust, AOCI, application, book, cancelable, commenced, commencement, comparative, composed, CPI, damaged, determining, discount, environment, exercise, expired, extend, forfeiture, implicit, imposing, initiated, insurance, IPCA, lease, lessee, noncancelable, obtained, package, pending, prepaid, profit, pursued, receipt, Reclassification, reclassify, recovery, reimbursement, relating, residual, resolved, retained, retaliatory, retrospective, ROU, settled, slightly, storm, stranded, subsequently, terminate, twelve, unamortized, video
Financial reports
10-Q
2020 Q1
Quarterly report
6 May 20
10-K
2019 FY
Annual report
27 Feb 20
10-Q
2019 Q3
Quarterly report
30 Oct 19
10-Q
2019 Q2
Quarterly report
31 Jul 19
10-Q
2019 Q1
Quarterly report
1 May 19
10-K
2018 FY
Annual report
28 Feb 19
10-Q
2018 Q3
Quarterly report
26 Oct 18
10-Q
2018 Q2
Quarterly report
1 Aug 18
10-Q
2018 Q1
Quarterly report
2 May 18
10-K
2017 FY
Annual report
7 Mar 18
Current reports
8-K
Entry into a Material Definitive Agreement
1 Jul 20
8-K
Cost Associated with Exit or Disposal Activities
26 May 20
8-K
Departure of Directors or Certain Officers
20 May 20
8-K
Stoneridge Reports First-Quarter 2020 Results
6 May 20
8-K
Departure of Directors or Certain Officers
3 Apr 20
8-K
Stoneridge Provides Business Updates Related to COVID-19
30 Mar 20
8-K
Departure of Directors or Certain Officers
9 Mar 20
8-K
Stoneridge Reports 2019 Full-year Results
26 Feb 20
8-K
Stoneridge Appoints Kevin Heigel as Vice President of Operations
13 Jan 20
8-K
Stoneridge Reports Strong Third-quarter 2019 Results
30 Oct 19
Registration and prospectus
S-8
Registration of securities for employees
1 Aug 18
S-8
Registration of securities for employees
3 Aug 17
S-8
Registration of securities for employees
3 Aug 16
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Aug 16
S-8 POS
Registration of securities for employees (post-effective amendment)
3 Aug 16
S-8
Registration of securities for employees
5 Aug 13
D
$16.5M in equity, sold $16.5M, 2 investors
13 Jan 12
S-8
Registration of securities for employees
1 Feb 11
424B3
Prospectus supplement
3 Nov 10
FWP
Free writing prospectus
3 Nov 10
Proxies
DEFA14A
Additional proxy soliciting materials
2 Apr 20
DEF 14A
Definitive proxy
2 Apr 20
DEFA14A
Additional proxy soliciting materials
4 Apr 19
DEF 14A
Definitive proxy
4 Apr 19
DEF 14A
Definitive proxy
5 Apr 18
DEFA14A
Additional proxy soliciting materials
5 Apr 18
DEF 14A
Definitive proxy
30 Mar 17
DEFA14A
Additional proxy soliciting materials
30 Mar 17
DEF 14A
Definitive proxy
8 Apr 16
DEF 14A
Definitive proxy
10 Apr 15
Other
SD
Conflict minerals disclosure
29 May 20
SD
Conflict minerals disclosure
31 May 19
SD
Conflict minerals disclosure
30 May 18
CT ORDER
Confidential treatment order
8 Sep 17
SD
Conflict minerals disclosure
30 May 17
SD
Conflict minerals disclosure
31 May 16
SD
Conflict minerals disclosure
29 May 15
SD
Conflict minerals disclosure
2 Jun 14
UPLOAD
Letter from SEC
7 Sep 12
CORRESP
Correspondence with SEC
16 Aug 12
Ownership
3
STONERIDGE / James Zizelman ownership change
8 Apr 20
4/A
STONERIDGE / Laurent Borne ownership change
16 Mar 20
4
STONERIDGE / Kevin Heigel ownership change
11 Mar 20
4
STONERIDGE / Jonathan B DeGaynor ownership change
11 Mar 20
4
STONERIDGE / Robert J. Jr. Hartman ownership change
11 Mar 20
4
STONERIDGE / Robert R. Krakowiak ownership change
11 Mar 20
4
STONERIDGE / Daniel M Kusiak ownership change
11 Mar 20
4
STONERIDGE / Laurent Borne ownership change
11 Mar 20
4
STONERIDGE / Susan C. Benedict ownership change
11 Mar 20
4
STONERIDGE / Thomas Michael Dono JR ownership change
11 Mar 20
Patents
GRANT
Utility
Automotive vision system
7 Jul 20
Inventors: Alfred van den Brink, Josja Kneefel
APP
Utility
Apparatus, System and Method for Controlling Ignition of a Vehicle
23 Apr 20
An ignition control apparatus (10) for controlling ignition of a vehicle (270) equipped with a vehicle unit (1) comprising a display (3) and at least one port (5, 5′) adapted to receive a user data device (7, 7′), wherein the ignition control apparatus (10) is adapted to be connected to the vehicle unit (1) and to an ignition circuit (20) of the vehicle (270), wherein the ignition control apparatus (10) comprises means (11) for activating and deactivating the ignition circuit (20), depending on insertion of a user data device (7, 7′) into the port (5, 5′) and/or reception of an override signal (O).
GRANT
Utility
Soot sensor system
17 Mar 20
A soot sensing system includes a soot sensor having a first element, and circuitry to an amount of soot accumulated on the element and to control heating of the element in response to the soot accumulation.
APP
Utility
Soot Sensor System
16 Jan 20
A soot sensor includes a soot sensor including a first element on a first surface of the soot sensor.
APP
Utility
Evaporative Emissions Control System Leak Check Module Including First and Second Solenoid Valves
5 Dec 19
A system and method for leak check module including first and second solenoid valves.