Sensata Technologies Holding plc (NYSE:ST) Receives $39.67 Consensus Price Target from Analysts

Sensata Technologies Holding plc (NYSE:STGet Free Report) has received an average rating of “Hold” from the five ratings firms that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $39.67.

A number of brokerages recently commented on ST. Truist Financial lowered their price target on shares of Sensata Technologies from $39.00 to $36.00 and set a “hold” rating for the company in a report on Wednesday, February 7th. Oppenheimer raised shares of Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 price target for the company in a report on Tuesday, January 30th. JPMorgan Chase & Co. lowered shares of Sensata Technologies from a “neutral” rating to an “underweight” rating and reduced their price objective for the stock from $37.00 to $34.00 in a research report on Monday, January 8th. Bank of America lowered shares of Sensata Technologies from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $46.00 to $38.00 in a research report on Wednesday, February 7th. Finally, Stifel Nicolaus reduced their price objective on shares of Sensata Technologies from $40.00 to $36.00 and set a “hold” rating on the stock in a research report on Wednesday, February 7th.

Check Out Our Latest Stock Report on Sensata Technologies

Institutional Investors Weigh In On Sensata Technologies

Several institutional investors have recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC lifted its stake in shares of Sensata Technologies by 1,389.8% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 730 shares of the scientific and technical instruments company’s stock worth $28,000 after buying an additional 681 shares during the period. Principal Securities Inc. acquired a new stake in shares of Sensata Technologies during the fourth quarter worth $29,000. CWM LLC lifted its stake in shares of Sensata Technologies by 235.4% during the second quarter. CWM LLC now owns 852 shares of the scientific and technical instruments company’s stock worth $38,000 after buying an additional 598 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of Sensata Technologies by 761.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 887 shares of the scientific and technical instruments company’s stock worth $33,000 after buying an additional 784 shares during the period. Finally, Covestor Ltd lifted its stake in shares of Sensata Technologies by 71.6% during the third quarter. Covestor Ltd now owns 1,249 shares of the scientific and technical instruments company’s stock worth $47,000 after buying an additional 521 shares during the period. 96.46% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Stock Up 0.9 %

ST opened at $34.73 on Thursday. The firm has a 50-day simple moving average of $35.07 and a two-hundred day simple moving average of $35.31. Sensata Technologies has a 52 week low of $30.56 and a 52 week high of $52.05. The company has a market capitalization of $5.26 billion, a PE ratio of -694.46, a price-to-earnings-growth ratio of 0.83 and a beta of 1.36. The company has a quick ratio of 1.69, a current ratio of 2.55 and a debt-to-equity ratio of 1.13.

Sensata Technologies (NYSE:STGet Free Report) last released its quarterly earnings data on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.05). Sensata Technologies had a negative net margin of 0.10% and a positive return on equity of 17.47%. The company had revenue of $992.50 million for the quarter, compared to the consensus estimate of $978.05 million. During the same period last year, the company earned $0.96 EPS. The firm’s revenue for the quarter was down 2.2% on a year-over-year basis. Analysts forecast that Sensata Technologies will post 3.74 earnings per share for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Wednesday, February 14th were paid a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $0.48 annualized dividend and a yield of 1.38%. Sensata Technologies’s dividend payout ratio (DPR) is -959.81%.

Sensata Technologies Company Profile

(Get Free Report

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures sensors, high-voltage solutions, and other solutions used in mission-critical systems and applications, such as tire pressure monitoring, thermal management, electrical protection, regenerative braking, powertrain (engine/transmission), exhaust management, and operator controls for automobiles, on-road trucks, and off-road equipment customers.

Further Reading

Analyst Recommendations for Sensata Technologies (NYSE:ST)

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