Analysts Expect Sensata Technologies Holding PLC (ST) to Post $0.91 EPS

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Equities analysts expect Sensata Technologies Holding PLC (NYSE:ST) to report earnings per share (EPS) of $0.91 for the current quarter, Zacks reports. Five analysts have made estimates for Sensata Technologies’ earnings. The lowest EPS estimate is $0.90 and the highest is $0.92. Sensata Technologies reported earnings of $0.81 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 12.3%. The firm is scheduled to issue its next quarterly earnings report on Tuesday, October 23rd.

On average, analysts expect that Sensata Technologies will report full-year earnings of $3.68 per share for the current fiscal year, with EPS estimates ranging from $3.63 to $3.72. For the next fiscal year, analysts forecast that the company will report earnings of $4.11 per share, with EPS estimates ranging from $3.87 to $4.20. Zacks’ EPS calculations are an average based on a survey of research analysts that cover Sensata Technologies.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Tuesday, July 24th. The scientific and technical instruments company reported $0.93 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.93. The firm had revenue of $914.00 million for the quarter, compared to the consensus estimate of $906.90 million. Sensata Technologies had a net margin of 13.09% and a return on equity of 25.09%. Sensata Technologies’s quarterly revenue was up 8.8% compared to the same quarter last year. During the same period last year, the firm posted $0.81 EPS.

ST has been the topic of several analyst reports. Canaccord Genuity initiated coverage on shares of Sensata Technologies in a research report on Friday, August 3rd. They issued a “buy” rating and a $70.00 target price on the stock. Zacks Investment Research raised shares of Sensata Technologies from a “hold” rating to a “buy” rating and set a $59.00 target price on the stock in a research report on Friday, July 27th. Morgan Stanley downgraded shares of Sensata Technologies from an “equal weight” rating to an “underweight” rating and dropped their target price for the stock from $55.00 to $47.00 in a research report on Monday. JPMorgan Chase & Co. reissued a “buy” rating and issued a $69.00 target price on shares of Sensata Technologies in a research report on Tuesday, September 11th. Finally, ValuEngine downgraded shares of Sensata Technologies from a “buy” rating to a “hold” rating in a research report on Wednesday, June 20th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $59.00.

Sensata Technologies stock opened at $51.74 on Tuesday. The company has a market capitalization of $8.79 billion, a PE ratio of 14.81, a PEG ratio of 1.30 and a beta of 1.58. The company has a current ratio of 3.38, a quick ratio of 2.65 and a debt-to-equity ratio of 1.29. Sensata Technologies has a fifty-two week low of $46.86 and a fifty-two week high of $57.40.

In related news, EVP Jeffrey J. Cote sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, July 9th. The shares were sold at an average price of $50.00, for a total transaction of $250,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Thomas Wroe, Jr. sold 17,200 shares of the firm’s stock in a transaction that occurred on Thursday, August 9th. The stock was sold at an average price of $55.86, for a total transaction of $960,792.00. Following the sale, the director now owns 25,344 shares of the company’s stock, valued at $1,415,715.84. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 68,500 shares of company stock valued at $3,749,276. 2.00% of the stock is currently owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of ST. Fort L.P. acquired a new stake in Sensata Technologies in the second quarter valued at approximately $111,000. GSA Capital Partners LLP acquired a new stake in Sensata Technologies in the first quarter valued at approximately $132,000. Chicago Partners Investment Group LLC lifted its stake in Sensata Technologies by 76.6% in the second quarter. Chicago Partners Investment Group LLC now owns 2,825 shares of the scientific and technical instruments company’s stock valued at $134,000 after acquiring an additional 1,225 shares during the last quarter. Perigon Wealth Management LLC acquired a new stake in Sensata Technologies in the first quarter valued at approximately $183,000. Finally, Gideon Capital Advisors Inc. acquired a new stake in Sensata Technologies in the second quarter valued at approximately $207,000.

Sensata Technologies Company Profile

Sensata Technologies Holding PLC would be operating as a holding company for Sensata Technologies Holding N.V. that develops, manufactures, and sells sensors and controls in the Americas, Asia, and Europe. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment supplies pressure sensors, speed and position sensors, temperature sensors, and pressure switches.

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Earnings History and Estimates for Sensata Technologies (NYSE:ST)

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