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 Price Performance

NYSE:ST traded down $0.72 during trading hours on Wednesday, reaching $44.84. 1,014,912 shares of the company's stock were exchanged, compared to its average volume of 1,408,068. The firm has a fifty day moving average of $43.14 and a 200-day moving average of $48.18. 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 has a one year low of $38.31 and a one year high of $65.58. The stock has a market cap of $6.96 billion, a PE ratio of 28.08, a price-to-earnings-growth ratio of 1.23 and a beta of 1.29.

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

Sensata Technologies Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Wolfe Research upgraded Sensata Technologies from a "peer perform" rating to an "outperform" rating and set a $55.00 price objective for the company in a research report on Wednesday, June 22nd. The Goldman Sachs Group decreased their price target on shares of Sensata Technologies from $72.00 to $64.00 and set a "buy" rating on the stock in a research note on Wednesday, June 1st. Citigroup dropped their price objective 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. Evercore ISI decreased their target price on shares of Sensata Technologies from $56.00 to $50.00 and set an "in-line" rating on the stock in a research report on Tuesday, June 28th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Sensata Technologies from $58.00 to $42.00 and set a "neutral" rating for the company in a research report 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's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $57.00.

Insider Activity at Sensata Technologies

In other news, SVP Shannon M. Votava sold 1,800 shares of Sensata Technologies stock in a transaction 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 sale, the senior vice president now directly owns 16,389 shares of the company's stock, valued at approximately $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.