Sensata Technologies Holding plc (NYSE:ST) Receives Average Rating of “Hold” from Analysts

Sensata Technologies Holding plc (NYSE:ST) has been assigned an average recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $39.25.

ST has been the topic of several research analyst reports. Oppenheimer raised Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 price objective on the stock in a research report on Tuesday, January 30th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $36.00 price objective (down previously from $44.00) on shares of Sensata Technologies in a research report on Tuesday, April 9th. Jefferies Financial Group began coverage on Sensata Technologies in a research report on Tuesday, April 9th. They issued a “hold” rating and a $40.00 price objective on the stock. Stifel Nicolaus dropped their price target on Sensata Technologies from $40.00 to $36.00 and set a “hold” rating on the stock in a research report on Wednesday, February 7th. Finally, Truist Financial dropped their price target on Sensata Technologies from $39.00 to $36.00 and set a “hold” rating on the stock in a research report on Wednesday, February 7th.

Sensata Technologies Stock Performance

NYSE:ST opened at $33.51 on Friday. The stock’s fifty day moving average is $34.93 and its 200 day moving average is $34.84. Sensata Technologies has a fifty-two week low of $30.56 and a fifty-two week high of $48.17. The firm has a market capitalization of $5.04 billion, a PE ratio of -670.07, a PEG ratio of 0.82 and a beta of 1.37. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.69 and a current ratio of 2.55.

Sensata Technologies (NYSE:ST) last released its quarterly earnings results on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.86 by ($0.05). Sensata Technologies had a negative net margin of 0.10% and a positive return on equity of 17.47%. The company had revenue of $992.50 million for the quarter, compared to analysts’ expectations of $978.05 million. During the same quarter in the previous year, the company posted $0.96 EPS. The business’s quarterly revenue was down 2.2% on a year-over-year basis. On average, sell-side analysts anticipate that Sensata Technologies will post 3.74 earnings per share for the current year.

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.43%. The ex-dividend date was Tuesday, February 13th. Sensata Technologies’s payout ratio is currently -959.81%.

Institutional Investors Weigh In On Sensata Technologies

A number of institutional investors have recently added to or reduced their stakes in ST. Yousif Capital Management LLC boosted its position in Sensata Technologies by 9.9% during the first quarter. Yousif Capital Management LLC now owns 4,451 shares of the scientific and technical instruments company’s stock valued at $226,000 after purchasing an additional 400 shares in the last quarter. Raymond James Trust N.A. acquired a new stake in Sensata Technologies in the first quarter worth about $202,000. Allianz Asset Management GmbH boosted its holdings in Sensata Technologies by 1.0% in the first quarter. Allianz Asset Management GmbH now owns 774,136 shares of the scientific and technical instruments company’s stock worth $39,364,000 after acquiring an additional 7,953 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in Sensata Technologies in the first quarter worth about $254,000. Finally, Mackenzie Financial Corp boosted its holdings in Sensata Technologies by 42.7% in the first quarter. Mackenzie Financial Corp now owns 833,577 shares of the scientific and technical instruments company’s stock worth $42,387,000 after acquiring an additional 249,277 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Company Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.