Sensata Technologies Holding N.V. (NYSE:ST) Stock Has Average Price Target of $50.33

Key Points

• Analysts have a mixed view of Sensata Technologies, with five buy, four hold and one sell rating. The average 12-month price target is $50.33, above the stock’s reported $40.22 price.
• Sensata’s latest quarterly results exceeded expectations, with EPS of $1.13 versus the $0.96 consensus and revenue of $1 billion, up 7.7% year over year.
• The company declared a quarterly dividend of $0.12 per share, equivalent to an annualized $0.48 payout and a 1.2% yield; institutional investors own 99.42% of the stock.

Shares of Sensata Technologies Holding N.V. (NYSE:ST - Get Free Report) have received an average rating of "Hold" from the ten ratings firms that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $50.33.

Several equities research analysts have commented on ST shares. Wall Street Zen lowered shares of Sensata Technologies from a "strong-buy" rating to a "buy" rating in a research note on Sunday, September 20th. Bank of America lifted their price target on Sensata Technologies from $46.00 to $48.00 and gave the company a "neutral" rating in a report on Thursday, July 9th. UBS Group reduced their price objective on Sensata Technologies from $54.00 to $51.00 and set a "buy" rating for the company in a research report on Wednesday. Truist Financial decreased their price objective on Sensata Technologies from $58.00 to $57.00 and set a "buy" rating for the company in a report on Wednesday. Finally, Oppenheimer increased their price objective on Sensata Technologies from $55.00 to $58.00 and gave the stock an "outperform" rating in a report on Friday, July 31st.

Sensata Technologies Stock Down 2.6%

NYSE:ST opened at $40.22 on Friday. The firm has a market capitalization of $5.85 billion, a PE ratio of 16.09, a price-to-earnings-growth ratio of 1.21 and a beta of 1.25. The stock has a 50 day moving average of $41.89 and a 200-day moving average of $41.85. Sensata Technologies has a 52 week low of $28.16 and a 52 week high of $53.89. The company has a current ratio of 2.39, a quick ratio of 1.58 and a debt-to-equity ratio of 0.79.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings results on Tuesday, October 27th. The scientific and technical instruments company reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $0.96 by $0.17. The business had revenue of $1 billion for the quarter, compared to analysts' expectations of $972.97 million. Sensata Technologies had a return on equity of 19.38% and a net margin of 9.52%. The business's quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.89 EPS. Analysts predict that Sensata Technologies will post 3.83 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Wednesday, November 11th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $0.48 annualized dividend and a yield of 1.2%. Sensata Technologies's payout ratio is presently 80.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Quantinno Capital Management LP grew its holdings in Sensata Technologies by 45.5% during the first quarter. Quantinno Capital Management LP now owns 2,402,063 shares of the scientific and technical instruments company's stock worth $84,601,000 after acquiring an additional 750,646 shares during the period. Bank of New York Mellon Corp raised its position in Sensata Technologies by 29.8% in the first quarter. Bank of New York Mellon Corp now owns 1,356,087 shares of the scientific and technical instruments company's stock worth $47,761,000 after acquiring an additional 311,424 shares in the last quarter. Squarepoint Ops LLC lifted its holdings in Sensata Technologies by 1,897.5% in the 2nd quarter. Squarepoint Ops LLC now owns 258,411 shares of the scientific and technical instruments company's stock valued at $12,337,000 after acquiring an additional 245,474 shares during the last quarter. SummitTX Capital L.P. acquired a new stake in Sensata Technologies in the 1st quarter valued at about $8,173,000. Finally, Public Employees Retirement System of Ohio lifted its stake in Sensata Technologies by 347.0% during the first quarter. Public Employees Retirement System of Ohio now owns 195,144 shares of the scientific and technical instruments company's stock valued at $6,873,000 after purchasing an additional 151,487 shares during the last quarter. Institutional investors own 99.42% of the company's stock.

About Sensata Technologies

Sensata Technologies Holding plc NYSE: ST is a global developer and manufacturer of sensing, control and protection solutions. The company supplies components that help monitor conditions, improve safety and efficiency, and support automated decision-making in vehicles, industrial equipment and other systems.

Its products include pressure, temperature, position, speed, force, current and fluid-level sensors, along with circuit breakers, controls and other protection devices. Sensata's technologies are used in applications such as automotive systems, heavy-duty vehicles, industrial machinery, heating and air-conditioning equipment, aerospace and defense, energy infrastructure, and data centers.

Sensata serves original equipment manufacturers and other industrial customers across North America, Europe, Asia and additional international markets.

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