Sensata Technologies (NYSE:ST) Stock Price Expected to Rise, UBS Group Analyst Says

Key Points

• UBS raised its price target on Sensata to $45 (from $43) and maintains a "buy" rating, implying roughly a 14.8% upside from the current share price.
• Analyst views are mixed — the consensus rating is a "Hold" with an average target of $40.80 (4 Buys, 6 Holds, 1 Sell), while firms like Barclays and Wall Street Zen have more bullish targets/ratings.
• Sensata recently topped quarterly estimates (EPS $0.88 vs. $0.86; revenue $917.9M vs. $911.0M), trades around $39.21 near its 52-week high, and carries a high P/E of about 206.6.

Sensata Technologies (NYSE:ST - Get Free Report) had its price objective boosted by UBS Group from $43.00 to $45.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a "buy" rating on the scientific and technical instruments company's stock. UBS Group's price target suggests a potential upside of 14.78% from the company's current price.

Several other research analysts have also recently weighed in on the company. JPMorgan Chase & Co. upped their price objective on Sensata Technologies from $32.00 to $34.00 and gave the stock an "underweight" rating in a research report on Monday, February 23rd. Barclays increased their price target on Sensata Technologies from $44.00 to $48.00 and gave the company an "overweight" rating in a research report on Monday. Wall Street Zen raised Sensata Technologies from a "buy" rating to a "strong-buy" rating in a research report on Saturday, April 4th. Weiss Ratings raised Sensata Technologies from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, March 2nd. Finally, Wells Fargo & Company increased their price target on Sensata Technologies from $34.00 to $37.00 and gave the company an "equal weight" rating in a research report on Monday, January 12th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Sensata Technologies presently has an average rating of "Hold" and a consensus target price of $40.80.

Sensata Technologies Stock Up 0.6%

Shares of ST stock traded up $0.22 on Tuesday, hitting $39.21. 93,684 shares of the stock were exchanged, compared to its average volume of 1,834,428. The company has a current ratio of 2.57, a quick ratio of 1.78 and a debt-to-equity ratio of 1.02. The firm has a market capitalization of $5.72 billion, a P/E ratio of 206.61, a price-to-earnings-growth ratio of 1.15 and a beta of 1.14. The business has a 50-day moving average of $35.76 and a 200 day moving average of $33.77. Sensata Technologies has a fifty-two week low of $18.57 and a fifty-two week high of $39.44.

Sensata Technologies (NYSE:ST - Get Free Report) last posted its quarterly earnings data on Saturday, February 14th. The scientific and technical instruments company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.02. The company had revenue of $917.88 million during the quarter, compared to analysts' expectations of $911.03 million. Sensata Technologies had a return on equity of 17.92% and a net margin of 0.83%.Sensata Technologies's revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.76 earnings per share. Equities analysts anticipate that Sensata Technologies will post 3.21 EPS for the current year.

Insider Transactions at Sensata Technologies

In other Sensata Technologies news, EVP Lynne J. Caljouw sold 2,913 shares of the company's stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $34.71, for a total value of $101,110.23. Following the sale, the executive vice president owned 72,842 shares in the company, valued at $2,528,345.82. This represents a 3.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 7,889 shares of company stock valued at $280,345 in the last 90 days. 0.89% of the stock is owned by corporate insiders.

Institutional Trading of Sensata Technologies

Institutional investors and hedge funds have recently bought and sold shares of the business. Smartleaf Asset Management LLC raised its stake in Sensata Technologies by 659.7% in the third quarter. Smartleaf Asset Management LLC now owns 904 shares of the scientific and technical instruments company's stock valued at $27,000 after buying an additional 785 shares during the period. CIBC Private Wealth Group LLC raised its stake in Sensata Technologies by 700.0% in the fourth quarter. CIBC Private Wealth Group LLC now owns 832 shares of the scientific and technical instruments company's stock valued at $28,000 after buying an additional 728 shares during the period. First Horizon Corp bought a new stake in Sensata Technologies in the third quarter valued at approximately $29,000. EFG International AG bought a new stake in Sensata Technologies in the fourth quarter valued at approximately $33,000. Finally, True Wealth Design LLC raised its stake in Sensata Technologies by 62.6% in the third quarter. True Wealth Design LLC now owns 1,135 shares of the scientific and technical instruments company's stock valued at $35,000 after buying an additional 437 shares during the period. Institutional investors own 99.42% of the company's stock.

About Sensata Technologies

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company's product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata's offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.

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