Sensata Technologies (NYSE:ST) Hits New 1-Year Low at $42.05

Sensata Technologies Holding plc (NYSE:STGet Rating)’s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $42.05 and last traded at $42.20, with a volume of 683 shares trading hands. The stock had previously closed at $44.23.

A number of equities research analysts have recently commented on ST shares. Cowen reduced their target price on shares of Sensata Technologies from $70.00 to $65.00 in a report on Wednesday, April 27th. The Goldman Sachs Group reduced their target price on shares of Sensata Technologies from $72.00 to $64.00 and set a “buy” rating for the company in a report on Wednesday, June 1st. Citigroup cut their price target on shares of Sensata Technologies from $60.00 to $50.00 in a report on Wednesday, April 27th. Truist Financial cut their price target on shares of Sensata Technologies from $62.00 to $55.00 and set a “hold” rating for the company in a report on Friday, April 8th. Finally, Morgan Stanley cut their price target on shares of Sensata Technologies from $62.00 to $57.00 and set an “overweight” rating for the company in a report on Friday, June 10th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $62.10.

The firm’s 50-day moving average price is $46.55 and its 200 day moving average price is $53.47. The firm has a market capitalization of $6.50 billion, a price-to-earnings ratio of 21.26, a price-to-earnings-growth ratio of 1.08 and a beta of 1.30. The company has a debt-to-equity ratio of 1.38, a current ratio of 3.68 and a quick ratio of 2.91.

Sensata Technologies (NYSE:STGet Rating) last announced its earnings results on Tuesday, April 26th. The scientific and technical instruments company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.02. Sensata Technologies had a net margin of 8.62% and a return on equity of 18.28%. The firm had revenue of $975.77 million for the quarter, compared to analyst estimates of $960.62 million. During the same quarter last year, the business earned $0.86 earnings per share. Sensata Technologies’s revenue was up 3.5% compared to the same quarter last year. On average, analysts predict that Sensata Technologies Holding plc will post 3.87 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 25th. Investors of record on Wednesday, May 11th were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Tuesday, May 10th. This represents a $0.44 dividend on an annualized basis and a yield of 1.06%. Sensata Technologies’s dividend payout ratio (DPR) is currently 21.15%.

In other Sensata Technologies news, SVP Shannon M. Votava sold 1,800 shares of the stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $48.81, for a total transaction of $87,858.00. Following the transaction, the senior vice president now owns 16,389 shares of the company’s stock, valued at $799,947.09. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.00% of the stock is currently owned by company insiders.

Large investors have recently bought and sold shares of the business. Marshall Wace North America L.P. purchased a new position in shares of Sensata Technologies in the 1st quarter valued at $77,000. Amundi Pioneer Asset Management Inc. increased its stake in Sensata Technologies by 1.0% during the 1st quarter. Amundi Pioneer Asset Management Inc. now owns 141,356 shares of the scientific and technical instruments company’s stock worth $6,365,000 after buying an additional 1,433 shares during the period. Voya Investment Management LLC increased its stake in Sensata Technologies by 15.9% during the 3rd quarter. Voya Investment Management LLC now owns 38,369 shares of the scientific and technical instruments company’s stock worth $2,099,000 after buying an additional 5,262 shares during the period. Invesco Ltd. grew its holdings in Sensata Technologies by 12.3% during the 3rd quarter. Invesco Ltd. now owns 205,374 shares of the scientific and technical instruments company’s stock worth $11,237,000 after acquiring an additional 22,561 shares in the last quarter. Finally, Royal Bank of Canada grew its holdings in Sensata Technologies by 9.1% during the 3rd quarter. Royal Bank of Canada now owns 82,705 shares of the scientific and technical instruments company’s stock worth $4,525,000 after acquiring an additional 6,918 shares in the last quarter. 98.43% of the stock is currently owned by institutional investors.

About Sensata Technologies (NYSE:ST)

Sensata Technologies Holding plc develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products in the Americas, Europe, Asia, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures sensors, high-voltage contactors, and other solutions used in mission-critical systems and applications, such as tire pressure monitoring, thermal management, electrical protection, regenerative braking, powertrain (engine/transmission), and exhaust management.

Featured Articles

Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.