Sensata Technologies - ST Stock Forecast, Price & News

Sensata Technologies Holding plc develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products in the Americas, Europe, Asia, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures sensors, high-voltage contactors, and other solutions used in mission-critical systems and applications, such as tire pressure monitoring, thermal management, electrical protection, regenerative braking, powertrain (engine/transmission), and exhaust management. This segment serves customers in the automotive, and heavy vehicle and off-road industries. The Sensing Solutions segment develops and manufactures application-specific sensor and electrical protection products primarily serving the industrial and aerospace markets. Its products include pressure and position sensors, motor and compressor protectors, high-voltage contactors, solid state relays, bimetal electromechanical controls, power inverters, charge controllers, battery management systems, operator controls, and Internet of Things solutions. The company was founded in 1916 and is headquartered in Attleboro, Massachusetts.

Sensata Technologies Trading Up 3.2 %

Shares of NYSE:ST traded up $1.40 during trading on Wednesday, reaching $44.91. 42,672 shares of the stock were exchanged, compared to its average volume of 1,414,122. The company has a debt-to-equity ratio of 1.40, a quick ratio of 2.78 and a current ratio of 3.52. Sensata Technologies has a 12-month low of $38.31 and a 12-month high of $65.58. The firm has a market cap of $6.97 billion, a price-to-earnings ratio of 27.36, a price-to-earnings-growth ratio of 1.22 and a beta of 1.30. The firm's 50-day moving average price is $43.46 and its 200 day moving average price is $48.58.

Sensata Technologies (NYSE:ST - Get Rating) last issued its earnings results on Tuesday, July 26th. The scientific and technical instruments company reported $0.83 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.83. Sensata Technologies had a return on equity of 17.40% and a net margin of 6.55%. The business had revenue of $1.02 billion during the quarter, compared to analysts' expectations of $1.01 billion. During the same quarter in the previous year, the business earned $0.95 EPS. The company's revenue for the quarter was up 2.8% on a year-over-year basis. On average, sell-side analysts anticipate that Sensata Technologies will post 3.36 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 24th. Stockholders of record on Wednesday, August 10th will be issued a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.98%. The ex-dividend date is Tuesday, August 9th. Sensata Technologies's payout ratio is currently 27.67%.

Analyst Upgrades and Downgrades

ST has been the subject of several analyst reports. Citigroup cut their target price on shares of Sensata Technologies from $50.00 to $45.00 and set a "neutral" rating for the company in a research note on Wednesday, July 27th. Morgan Stanley cut their target price on shares of Sensata Technologies from $62.00 to $57.00 and set an "overweight" rating for the company in a research note on Friday, June 10th. Truist Financial cut their target price on shares of Sensata Technologies from $46.00 to $43.00 and set a "hold" rating for the company in a research note on Wednesday, July 27th. Cowen cut their target price on shares of Sensata Technologies from $70.00 to $65.00 in a research note on Wednesday, April 27th. Finally, JPMorgan Chase & Co. cut their target price on shares of Sensata Technologies from $58.00 to $42.00 and set a "neutral" rating for the company in a research note on Thursday, July 14th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $57.00.

Insiders Place Their Bets

In other Sensata Technologies news, SVP Shannon M. Votava sold 1,800 shares of the company's stock in a transaction that occurred on Tuesday, June 7th. The stock was sold at an average price of $48.81, for a total value of $87,858.00. Following the completion of the transaction, the senior vice president now owns 16,389 shares in the company, valued at approximately $799,947.09. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is owned by company insiders.