Sensata Technologies Holding plc (NYSE:ST) Receives Consensus Rating of “Hold” from Brokerages

Shares of Sensata Technologies Holding plc (NYSE:ST) have been assigned a consensus rating of “Hold” from the seven analysts that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $39.25.

A number of research firms recently issued reports on ST. Jefferies Financial Group began coverage on Sensata Technologies in a research note on Tuesday, April 9th. They set a “hold” rating and a $40.00 price target on the stock. The Goldman Sachs Group restated a “neutral” rating and set a $36.00 price target (down previously from $44.00) on shares of Sensata Technologies in a research note on Tuesday, April 9th. JPMorgan Chase & Co. downgraded Sensata Technologies from a “neutral” rating to an “underweight” rating and dropped their price target for the stock from $37.00 to $34.00 in a research note on Monday, January 8th. Bank of America downgraded Sensata Technologies from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $46.00 to $38.00 in a research note on Wednesday, February 7th. Finally, Oppenheimer raised Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 price objective for the company in a research report on Tuesday, January 30th.

Institutional Trading of Sensata Technologies

Hedge funds have recently modified their holdings of the business. Mariner LLC increased its stake in Sensata Technologies by 1.5% in the 1st quarter. Mariner LLC now owns 17,405 shares of the scientific and technical instruments company’s stock valued at $885,000 after purchasing an additional 261 shares in the last quarter. Crossmark Global Holdings Inc. increased its stake in Sensata Technologies by 3.7% in the 4th quarter. Crossmark Global Holdings Inc. now owns 8,838 shares of the scientific and technical instruments company’s stock valued at $332,000 after purchasing an additional 313 shares in the last quarter. Fulton Bank N.A. increased its stake in Sensata Technologies by 1.2% in the 1st quarter. Fulton Bank N.A. now owns 25,912 shares of the scientific and technical instruments company’s stock valued at $952,000 after purchasing an additional 317 shares in the last quarter. Northwest Investment Counselors LLC increased its stake in Sensata Technologies by 1.1% in the 1st quarter. Northwest Investment Counselors LLC now owns 28,174 shares of the scientific and technical instruments company’s stock valued at $1,035,000 after purchasing an additional 320 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its stake in Sensata Technologies by 0.5% in the 3rd quarter. Treasurer of the State of North Carolina now owns 66,248 shares of the scientific and technical instruments company’s stock valued at $2,505,000 after purchasing an additional 340 shares in the last quarter. 99.42% of the stock is owned by institutional investors and hedge funds.

Sensata Technologies Trading Up 0.1 %

ST opened at $33.51 on Friday. Sensata Technologies has a one year low of $30.56 and a one year high of $48.17. The company has a market cap of $5.04 billion, a P/E ratio of -670.07, a PEG ratio of 0.82 and a beta of 1.37. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.69 and a current ratio of 2.55. The business’s 50-day simple moving average is $34.93 and its 200-day simple moving average is $34.84.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.05). The business had revenue of $992.50 million during the quarter, compared to analysts’ expectations of $978.05 million. Sensata Technologies had a negative net margin of 0.10% and a positive return on equity of 17.47%. The company’s revenue was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.96 EPS. As a group, equities research analysts expect that Sensata Technologies will post 3.74 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Wednesday, February 14th were issued a $0.12 dividend. The ex-dividend date of this dividend was Tuesday, February 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.43%. Sensata Technologies’s dividend payout ratio is currently -959.81%.

About Sensata Technologies

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.