Sensata Technologies Holding plc (NYSE:ST) Receives $39.25 Consensus Target Price from Analysts

Shares of Sensata Technologies Holding plc (NYSE:ST) have earned a consensus recommendation of “Hold” from the seven analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $39.25.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ST. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of Sensata Technologies by 1,389.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 730 shares of the scientific and technical instruments company’s stock worth $28,000 after purchasing an additional 681 shares during the last quarter. Principal Securities Inc. acquired a new position in Sensata Technologies in the fourth quarter valued at approximately $29,000. Parkside Financial Bank & Trust lifted its holdings in Sensata Technologies by 761.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 887 shares of the scientific and technical instruments company’s stock valued at $33,000 after acquiring an additional 784 shares during the last quarter. Covestor Ltd grew its position in Sensata Technologies by 71.6% in the third quarter. Covestor Ltd now owns 1,249 shares of the scientific and technical instruments company’s stock worth $47,000 after acquiring an additional 521 shares during the period. Finally, TFO Wealth Partners LLC increased its stake in Sensata Technologies by 17,818.8% during the fourth quarter. TFO Wealth Partners LLC now owns 2,867 shares of the scientific and technical instruments company’s stock worth $108,000 after acquiring an additional 2,851 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Trading Up 1.6 %

ST opened at $34.26 on Friday. The stock’s fifty day moving average is $34.98 and its two-hundred day moving average is $34.73. The company has a market capitalization of $5.16 billion, a P/E ratio of -685.20, a PEG ratio of 0.82 and a beta of 1.37. Sensata Technologies has a 52 week low of $30.56 and a 52 week high of $48.10. The company has a quick ratio of 1.69, a current ratio of 2.55 and a debt-to-equity ratio of 1.13.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.86 by ($0.05). The firm had revenue of $992.50 million for the quarter, compared to analysts’ expectations of $978.05 million. Sensata Technologies had a positive return on equity of 17.47% and a negative net margin of 0.10%. The company’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.96 earnings per share. Analysts forecast that Sensata Technologies will post 3.72 earnings per share for the current year.

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Wednesday, February 14th were issued a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend was Tuesday, February 13th. Sensata Technologies’s payout ratio is -960.00%.

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.