Financial Contrast: Stoneridge (NYSE:SRI) & TTM Technologies (NASDAQ:TTMI)

Stoneridge (NYSE:SRI) and TTM Technologies (NASDAQ:TTMI) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, profitability, risk, earnings, analyst recommendations, dividends and valuation.

Analyst Recommendations

This is a summary of current ratings and recommmendations for Stoneridge and TTM Technologies, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Stoneridge	1	1	0	0	1.50
TTM Technologies	0	0	5	1	3.17

Stoneridge currently has a consensus target price of $16.00, suggesting a potential upside of 178.99%. TTM Technologies has a consensus target price of $117.25, suggesting a potential upside of 21.49%. Given Stoneridge’s higher possible upside, research analysts plainly believe Stoneridge is more favorable than TTM Technologies.

Earnings and Valuation

This table compares Stoneridge and TTM Technologies”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Stoneridge	$861.26 million	0.19	-$102.83 million	($3.70)	-1.55
TTM Technologies	$2.91 billion	3.43	$177.45 million	$1.69	57.11

TTM Technologies has higher revenue and earnings than Stoneridge. Stoneridge is trading at a lower price-to-earnings ratio than TTM Technologies, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Stoneridge and TTM Technologies’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Stoneridge	-11.94%	-12.50%	-4.96%
TTM Technologies	6.11%	13.30%	6.09%

Volatility & Risk

Stoneridge has a beta of 1.45, suggesting that its stock price is 45% more volatile than the S&P 500. Comparatively, TTM Technologies has a beta of 1.74, suggesting that its stock price is 74% more volatile than the S&P 500.

Institutional and Insider Ownership

98.1% of Stoneridge shares are held by institutional investors. Comparatively, 95.8% of TTM Technologies shares are held by institutional investors. 2.9% of Stoneridge shares are held by insiders. Comparatively, 1.3% of TTM Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

TTM Technologies beats Stoneridge on 12 of the 15 factors compared between the two stocks.

About Stoneridge

Stoneridge, Inc., together with its subsidiaries, designs and manufactures engineered electrical and electronic systems, components, and modules for the automotive, commercial, off-highway, motorcycle, and agricultural vehicle markets in North America, South America, Europe, and internationally. The company operates through three segments: Control Devices, Electronics, and Stoneridge Brazil. The Control Devices segment offers actuators, sensors, switches, actuators, and connectors that monitor, measure, or activate specific functions within a vehicle. The Electronics segment designs and manufactures driver information systems, vision and safety systems, connectivity and compliance products, and electronic control units. Its products collect, store, and display vehicle information, such as speed, pressure, maintenance data, trip information, operator performance, temperature, distance traveled, and driver messages related to vehicle performance. This segment also offers electronic control units that regulate, coordinate, monitor, and direct the operation of the electrical system within a vehicle. The Stoneridge Brazil segment designs, manufactures, and sells vehicle tracking devices and monitoring services; vehicle security alarms and convenience accessories, including parking sensors and rearview cameras; in-vehicle audio and infotainment devices; and driver information systems and telematics solutions. The company provides its products and systems to various original equipment manufacturers and tier 1 customers, as well as aftermarket distributors. Stoneridge, Inc. was founded in 1965 and is headquartered in Novi, Michigan.

About TTM Technologies

TTM Technologies, Inc., together with its subsidiaries, manufactures and sells mission systems, radio frequency (RF) components and RF microwave/microelectronic assemblies, and printed circuit boards (PCB) worldwide. The company operates in two segments, PCB and RF&S Components. It offers range of engineered systems, RF and microwave assemblies, HDI PCBs, flexible PCBs, rigid-flex PCBs, custom assemblies and system integration, IC substrates, passive RF components, advanced ceramic RF components, hi-reliability multi-chip modules, beamforming and switching networks, PCB products, RF components, and backplane/custom assembly solutions, including conventional PCBs. It also provides advanced ceramic RF components including standard and etched thick-film ceramic substrates; and hi-reliability multi-chip modules. In addition, the company offers radar systems including maritime surveillance and weather avoidance radar systems, surveillance products, communication systems, RF assembly and test services, and passive RF components. Further, the company provides custom designed application specific integrated circuits, high density interconnect, IC substrates, flexible and rigid flex PCBs, and custom assemblies including backplane and mid-plane assemblies, flexible and rigid-flex assemblies, and RF assemblies, as well as conventional PCBs, such as single-sided, double-sided, and multi-layer boards. Additionally, it offers quick turnaround services, which includes prototype production and ramp-to-volume production, and thermal management. The company serves original equipment manufacturers and electronic manufacturing services providers, original design manufacturers, distributors, and government agencies; and aerospace and defense, data center computing, automotive, medical, industrial, and instrumentation, as well as networking applications. TTM Technologies, Inc. was incorporated in 1978 and is headquartered in Santa Ana, California.