Shares of Sensata Technologies Holding PLC (NYSE:ST) have been assigned an average rating of “Hold” from the eleven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $52.75.
Several analysts recently issued reports on ST shares. Jefferies Financial Group lifted their price target on shares of Sensata Technologies from $59.00 to $62.00 and gave the company a “buy” rating in a research report on Monday, March 18th. SunTrust Banks lifted their price target on shares of Sensata Technologies to $54.00 and gave the company a “hold” rating in a research report on Thursday, February 7th. Zacks Investment Research raised shares of Sensata Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, January 22nd. ValuEngine raised shares of Sensata Technologies from a “sell” rating to a “hold” rating in a report on Thursday, April 18th. Finally, JPMorgan Chase & Co. downgraded shares of Sensata Technologies from an “overweight” rating to a “neutral” rating and cut their price objective for the stock from $60.00 to $57.00 in a report on Monday, April 22nd.
NYSE ST opened at $48.98 on Thursday. Sensata Technologies has a 12-month low of $40.78 and a 12-month high of $56.28. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.96 and a quick ratio of 2.20. The firm has a market capitalization of $8.06 billion, a P/E ratio of 13.42, a price-to-earnings-growth ratio of 1.12 and a beta of 1.32.
Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Wednesday, May 1st. The scientific and technical instruments company reported $0.85 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.85. Sensata Technologies had a net margin of 16.93% and a return on equity of 24.35%. The business had revenue of $870.50 million during the quarter, compared to the consensus estimate of $852.77 million. During the same quarter last year, the firm posted $0.85 EPS. Sensata Technologies’s revenue was down 1.8% compared to the same quarter last year. On average, sell-side analysts expect that Sensata Technologies will post 3.94 earnings per share for the current year.
In other Sensata Technologies news, insider Jeffrey J. Cote sold 5,000 shares of Sensata Technologies stock in a transaction on Wednesday, February 20th. 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 filing with the SEC, which is available through this link. Also, CEO Martha N. Sullivan sold 50,000 shares of Sensata Technologies stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $49.50, for a total transaction of $2,475,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 215,000 shares of company stock worth $10,548,600 over the last ninety days. Insiders own 2.00% of the company’s stock.
Institutional investors and hedge funds have recently bought and sold shares of the business. Investors Research Corp bought a new stake in shares of Sensata Technologies during the 1st quarter worth $27,000. Buffington Mohr McNeal bought a new stake in shares of Sensata Technologies during the 1st quarter worth $29,000. Quadrant Capital Group LLC raised its stake in shares of Sensata Technologies by 6,773.7% during the 1st quarter. Quadrant Capital Group LLC now owns 1,306 shares of the scientific and technical instruments company’s stock worth $57,000 after purchasing an additional 1,287 shares during the period. Advisory Services Network LLC raised its stake in shares of Sensata Technologies by 26.8% during the 4th quarter. Advisory Services Network LLC now owns 1,657 shares of the scientific and technical instruments company’s stock worth $74,000 after purchasing an additional 350 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Sensata Technologies by 58.9% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,800 shares of the scientific and technical instruments company’s stock worth $81,000 after purchasing an additional 667 shares during the period. 93.99% of the stock is currently owned by hedge funds and other institutional investors.
About Sensata Technologies
Sensata Technologies Holding plc, through its subsidiary, Sensata Technologies Holding N.V., develops, manufactures, and sells a range of sensors and controls in the Americas, Asia, Europe, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures pressure sensors, speed and position sensors, and temperature sensors.
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