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 Analyst Weigh In

ST has been the topic of a number of recent analyst reports. Cowen reduced their price target on Sensata Technologies from $70.00 to $65.00 in a research report on Wednesday, April 27th. Morgan Stanley dropped their price target on Sensata Technologies from $62.00 to $57.00 and set an "overweight" rating on the stock in a research note on Friday, June 10th. Cowen decreased their price objective on shares of Sensata Technologies from $70.00 to $65.00 in a research report on Wednesday, April 27th. Truist Financial cut their price target on shares of Sensata Technologies from $46.00 to $43.00 and set a "hold" rating on the stock in a research note on Wednesday, July 27th. Finally, Wolfe Research raised shares of Sensata Technologies from a "peer perform" rating to an "outperform" rating and set a $55.00 price objective on the stock in a report on Wednesday, June 22nd. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $57.00.

Sensata Technologies Trading Down 0.3 %

NYSE:ST traded down $0.13 during trading hours on Monday, reaching $45.54. 1,178,275 shares of the stock were exchanged, compared to its average volume of 1,408,729. Sensata Technologies has a twelve month low of $38.31 and a twelve month high of $65.58. The company has a quick ratio of 2.78, a current ratio of 3.52 and a debt-to-equity ratio of 1.40. The business has a 50-day moving average of $43.27 and a two-hundred day moving average of $48.31. The company has a market capitalization of $7.07 billion, a price-to-earnings ratio of 28.64, a PEG ratio of 1.23 and a beta of 1.30.

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

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 24th. Stockholders of record on Wednesday, August 10th will be paid a $0.11 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend is Tuesday, August 9th. Sensata Technologies's payout ratio is currently 27.67%.

Insider Activity at Sensata Technologies

In related news, SVP Shannon M. Votava sold 1,800 shares of the company'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 transaction of $87,858.00. Following the sale, the senior vice president now directly owns 16,389 shares in the company, valued at $799,947.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.00% of the stock is currently owned by company insiders.