Sensata Technologies Holding plc (NYSE:ST) Receives $39.58 Average PT from Analysts

Shares of Sensata Technologies Holding plc (NYSE:ST) have been assigned a consensus recommendation of “Hold” from the thirteen research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $39.58.

A number of research analysts have recently issued reports on ST shares. Evercore ISI reduced their price objective on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, January 17th. Stifel Nicolaus cut their target price on Sensata Technologies from $43.00 to $38.00 and set a “hold” rating on the stock in a research note on Tuesday, November 5th. Robert W. Baird lowered their price objective on shares of Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. Truist Financial lowered their target price on shares of Sensata Technologies from $38.00 to $33.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. Finally, Oppenheimer lowered their target price on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating for the company in a report on Tuesday, November 5th.

Sensata Technologies Trading Down 1.5 %

NYSE ST opened at $28.65 on Friday. The stock’s 50-day simple moving average is $29.39 and its two-hundred day simple moving average is $33.85. Sensata Technologies has a twelve month low of $26.65 and a twelve month high of $43.14. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. The company has a market capitalization of $4.29 billion, a price-to-earnings ratio of -53.06, a PEG ratio of 0.87 and a beta of 1.24.

Sensata Technologies (NYSE:ST) last released its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.86. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. The business had revenue of $982.80 million for the quarter, compared to the consensus estimate of $983.93 million. During the same quarter last year, the business posted $0.91 earnings per share. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. Research analysts forecast that Sensata Technologies will post 3.44 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date of this dividend is Wednesday, February 12th. Sensata Technologies’s payout ratio is -88.89%.

Institutional Investors Weigh In On Sensata Technologies

A number of hedge funds have recently modified their holdings of ST. Kempner Capital Management Inc. boosted its holdings in Sensata Technologies by 233.9% in the 4th quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company’s stock worth $5,728,000 after buying an additional 146,449 shares during the period. Hanson & Doremus Investment Management lifted its stake in Sensata Technologies by 4.6% in the 4th quarter. Hanson & Doremus Investment Management now owns 15,669 shares of the scientific and technical instruments company’s stock worth $429,000 after purchasing an additional 696 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Sensata Technologies by 5.0% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 48,399 shares of the scientific and technical instruments company’s stock valued at $1,326,000 after buying an additional 2,285 shares in the last quarter. R Squared Ltd purchased a new stake in shares of Sensata Technologies during the 4th quarter valued at about $104,000. Finally, KBC Group NV raised its position in shares of Sensata Technologies by 83.5% during the 4th quarter. KBC Group NV now owns 7,286 shares of the scientific and technical instruments company’s stock valued at $200,000 after buying an additional 3,315 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Company Profile

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 in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.