Sensata Technologies Holding plc (NYSE:ST) Given Average Recommendation of "Hold" by Brokerages

Shares of Sensata Technologies Holding plc (NYSE:ST - Get Free Report) have been given an average rating of "Hold" by the seven ratings firms that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $39.25.

Several analysts have recently weighed in on the stock. Truist Financial decreased their target price on shares of Sensata Technologies from $39.00 to $36.00 and set a "hold" rating on the stock in a research report on Wednesday, February 7th. Jefferies Financial Group began coverage on Sensata Technologies in a research note on Tuesday, April 9th. They issued a "hold" rating and a $40.00 price objective on the stock. Bank of America cut Sensata Technologies from a "buy" rating to a "neutral" rating and dropped their target price for the stock from $46.00 to $38.00 in a report on Wednesday, February 7th. Stifel Nicolaus cut their price target on shares of Sensata Technologies from $40.00 to $36.00 and set a "hold" rating for the company in a report on Wednesday, February 7th. Finally, JPMorgan Chase & Co. cut shares of Sensata Technologies from a "neutral" rating to an "underweight" rating and cut their target price for the company from $37.00 to $34.00 in a research note on Monday, January 8th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Cary Street Partners Investment Advisory LLC raised its stake in Sensata Technologies by 1,389.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 730 shares of the scientific and technical instruments company's stock worth $28,000 after buying an additional 681 shares during the period. Principal Securities Inc. acquired a new stake in shares of Sensata Technologies during the fourth quarter worth about $29,000. Parkside Financial Bank & Trust lifted its holdings in shares of Sensata Technologies by 761.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 887 shares of the scientific and technical instruments company's stock valued at $33,000 after purchasing an additional 784 shares in the last quarter. Covestor Ltd grew its position in shares of Sensata Technologies by 71.6% in the 3rd quarter. Covestor Ltd now owns 1,249 shares of the scientific and technical instruments company's stock valued at $47,000 after purchasing an additional 521 shares during the period. Finally, Compass Wealth Management LLC bought a new stake in Sensata Technologies during the 4th quarter worth approximately $61,000. Institutional investors own 99.42% of the company's stock.

Sensata Technologies Stock Performance

Sensata Technologies stock traded up $0.19 during trading hours on Friday, hitting $33.70. The stock had a trading volume of 1,725,508 shares, compared to its average volume of 2,040,479. Sensata Technologies has a fifty-two week low of $30.56 and a fifty-two week high of $48.15. The company has a market cap of $5.07 billion, a PE ratio of -675.46, a price-to-earnings-growth ratio of 0.81 and a beta of 1.37. The company has a 50-day moving average of $34.93 and a two-hundred day moving average of $34.84. The company has a quick ratio of 1.69, a current ratio of 2.55 and a debt-to-equity ratio of 1.13.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its earnings results 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). Sensata Technologies had a negative net margin of 0.10% and a positive return on equity of 17.47%. The firm had revenue of $992.50 million during the quarter, compared to analyst estimates of $978.05 million. During the same quarter in the previous year, the company posted $0.96 earnings per share. The business's revenue for the quarter was down 2.2% compared to the same quarter last year. On average, equities research analysts anticipate that Sensata Technologies will post 3.73 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.42%. The ex-dividend date was Tuesday, February 13th. Sensata Technologies's dividend payout ratio is currently -959.81%.

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.