Sensata Technologies Holding plc (NYSE:ST) Receives $44.40 Average Target Price from Brokerages

Sensata Technologies Holding plc (NYSE:STGet Free Report) has earned an average rating of “Hold” from the eleven analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $44.40.

ST has been the topic of a number of recent research reports. The Goldman Sachs Group decreased their target price on Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, October 1st. Wolfe Research initiated coverage on Sensata Technologies in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Oppenheimer decreased their target price on Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating on the stock in a report on Wednesday, July 31st. Bank of America decreased their target price on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a report on Tuesday, July 30th. Finally, Vertical Research began coverage on Sensata Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $55.00 price target for the company.

Get Our Latest Stock Report on ST

Sensata Technologies Price Performance

NYSE ST opened at $35.96 on Friday. The business’s fifty day moving average price is $36.09 and its 200-day moving average price is $37.72. The stock has a market capitalization of $5.43 billion, a price-to-earnings ratio of 899.22, a PEG ratio of 1.39 and a beta of 1.25. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.77 and a quick ratio of 1.31. Sensata Technologies has a 1-year low of $30.56 and a 1-year high of $43.14.

Sensata Technologies (NYSE:STGet Free Report) last released its quarterly earnings results on Monday, July 29th. The scientific and technical instruments company reported $0.93 earnings per share for the quarter, meeting the consensus estimate of $0.93. Sensata Technologies had a return on equity of 17.57% and a net margin of 0.21%. The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same period in the prior year, the firm earned $0.97 EPS. The company’s revenue was down 2.5% compared to the same quarter last year. On average, equities analysts predict that Sensata Technologies will post 3.56 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Wednesday, August 14th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, August 14th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.33%. Sensata Technologies’s payout ratio is 1,200.30%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC grew its position in Sensata Technologies by 399.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company’s stock worth $36,000 after acquiring an additional 774 shares in the last quarter. Versant Capital Management Inc purchased a new position in Sensata Technologies in the second quarter worth about $37,000. Quarry LP grew its position in Sensata Technologies by 227.1% in the second quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock worth $40,000 after acquiring an additional 738 shares in the last quarter. SageView Advisory Group LLC purchased a new position in Sensata Technologies in the first quarter worth about $85,000. Finally, First Horizon Advisors Inc. grew its position in Sensata Technologies by 57.9% in the second quarter. First Horizon Advisors Inc. now owns 2,529 shares of the scientific and technical instruments company’s stock worth $95,000 after acquiring an additional 927 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

About Sensata Technologies

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

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Analyst Recommendations for Sensata Technologies (NYSE:ST)

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