Brokerages Set Sensata Technologies Holding plc (NYSE:ST) PT at $39.58

Sensata Technologies Holding plc (NYSE:ST) has received a consensus recommendation of “Hold” from the thirteen brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $39.58.

A number of equities research analysts have recently issued reports on ST shares. TD Cowen cut their target price on Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. Oppenheimer reduced their price objective on shares of Sensata Technologies from $47.00 to $44.00 and set an “outperform” rating for the company in a research note on Tuesday, November 5th. Robert W. Baird decreased their target price on shares of Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating for the company in a report on Tuesday, November 5th. Evercore ISI cut their price target on shares of Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, January 17th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating for the company in a research note on Tuesday, November 5th.

Institutional Investors Weigh In On Sensata Technologies

Several institutional investors and hedge funds have recently bought and sold shares of the business. Olstein Capital Management L.P. raised its holdings in shares of Sensata Technologies by 19.7% in the 4th quarter. Olstein Capital Management L.P. now owns 444,074 shares of the scientific and technical instruments company’s stock worth $12,168,000 after buying an additional 73,074 shares in the last quarter. Sound Income Strategies LLC grew its position in Sensata Technologies by 13.7% in the fourth quarter. Sound Income Strategies LLC now owns 82,417 shares of the scientific and technical instruments company’s stock valued at $2,258,000 after acquiring an additional 9,950 shares during the period. SG Americas Securities LLC acquired a new position in Sensata Technologies during the fourth quarter worth $701,000. Crossmark Global Holdings Inc. lifted its holdings in shares of Sensata Technologies by 107.0% during the fourth quarter. Crossmark Global Holdings Inc. now owns 17,363 shares of the scientific and technical instruments company’s stock valued at $476,000 after acquiring an additional 8,974 shares during the period. Finally, Park Avenue Securities LLC boosted its stake in shares of Sensata Technologies by 16.9% in the 4th quarter. Park Avenue Securities LLC now owns 10,852 shares of the scientific and technical instruments company’s stock valued at $297,000 after purchasing an additional 1,571 shares in the last quarter. Institutional investors own 99.42% of the company’s stock.

Sensata Technologies Trading Up 1.8 %

NYSE:ST opened at $28.94 on Friday. The firm has a market capitalization of $4.33 billion, a P/E ratio of -53.59, a P/E/G ratio of 0.86 and a beta of 1.24. The business has a 50 day simple moving average of $29.68 and a 200 day simple moving average of $34.06. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.60 and a quick ratio of 1.76. Sensata Technologies has a 12-month low of $26.65 and a 12-month high of $43.14.

Sensata Technologies (NYSE:ST) last posted its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, hitting the consensus estimate of $0.86. The firm had revenue of $982.80 million during the quarter, compared to analysts’ expectations of $983.93 million. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. Sensata Technologies’s quarterly revenue was down 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.91 EPS. Equities research analysts predict that Sensata Technologies will post 3.44 EPS for the current year.

Sensata Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were paid a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.48 annualized dividend and a yield of 1.66%. Sensata Technologies’s dividend payout ratio is -88.89%.

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.