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.

Wall Street Analysts Forecast Growth

ST has been the subject of a number of research analyst reports. JPMorgan Chase & Co. cut their price target on shares of Sensata Technologies from $58.00 to $42.00 and set a "neutral" rating for the company in a report on Thursday, July 14th. Citigroup cut their price target on shares of Sensata Technologies from $50.00 to $45.00 and set a "neutral" rating for the company in a report on Wednesday, July 27th. TheStreet downgraded shares of Sensata Technologies from a "b-" rating to a "c" rating in a report on Friday, May 13th. Morgan Stanley cut their price target on shares of Sensata Technologies from $62.00 to $57.00 and set an "overweight" rating for the company in a report on Friday, June 10th. Finally, The Goldman Sachs Group cut their price target on shares of Sensata Technologies from $72.00 to $64.00 and set a "buy" rating for the company in a report on Wednesday, June 1st. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Sensata Technologies has a consensus rating of "Hold" and a consensus price target of $57.00.

Sensata Technologies Trading Up 1.4 %

Shares of Sensata Technologies stock traded up $0.64 during mid-day trading on Friday, hitting $45.67. 1,075,421 shares of the stock were exchanged, compared to its average volume of 1,325,533. Sensata Technologies has a twelve month low of $38.31 and a twelve month high of $65.58. The stock has a market capitalization of $7.09 billion, a price-to-earnings ratio of 28.72, a price-to-earnings-growth ratio of 1.23 and a beta of 1.29. The company has a 50-day simple moving average of $43.27 and a 200 day simple moving average of $48.31. The company has a current ratio of 3.52, a quick ratio of 2.78 and a debt-to-equity ratio of 1.40.

Sensata Technologies (NYSE:ST - Get Rating) last released its quarterly earnings results on Tuesday, July 26th. The scientific and technical instruments company reported $0.83 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.83. Sensata Technologies had a net margin of 6.55% and a return on equity of 17.40%. The company had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $1.01 billion. During the same period last year, the company earned $0.95 EPS. The firm's revenue for the quarter was up 2.8% compared to the same quarter last year. Research analysts forecast that Sensata Technologies will post 3.36 EPS for the current year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 24th. Investors of record on Wednesday, August 10th will be given a $0.11 dividend. The ex-dividend date is Tuesday, August 9th. This represents a $0.44 annualized dividend and a dividend yield of 0.96%. Sensata Technologies's dividend payout ratio is presently 27.67%.

Insider Buying and Selling

In related news, SVP Shannon M. Votava sold 1,800 shares of the firm's stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $48.81, for a total value of $87,858.00. Following the sale, the senior vice president now directly owns 16,389 shares of the company's stock, valued at $799,947.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.00% of the company's stock.