Analysts Set Sensata Technologies Holding plc (NYSE:ST) Target Price at $38.00

Shares of Sensata Technologies Holding plc (NYSE:ST) have been given an average rating of “Hold” by the eleven analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $36.73.

Several research analysts have issued reports on the company. UBS Group dropped their target price on Sensata Technologies from $37.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday. Oppenheimer dropped their target price on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a research report on Thursday, February 13th. Evercore ISI cut Sensata Technologies from an “outperform” rating to an “inline” rating and dropped their target price for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. Finally, The Goldman Sachs Group raised Sensata Technologies from a “neutral” rating to a “buy” rating and decreased their price objective for the stock from $31.00 to $27.00 in a research note on Thursday.

Sensata Technologies Trading Down 6.9 %

Sensata Technologies stock opened at $19.44 on Friday. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99. Sensata Technologies has a one year low of $17.32 and a one year high of $43.14. The stock has a market capitalization of $2.91 billion, a PE ratio of 23.14, a price-to-earnings-growth ratio of 1.25 and a beta of 1.12. The business’s fifty day moving average is $26.18 and its 200 day moving average is $29.59.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. On average, sell-side analysts predict that Sensata Technologies will post 3.21 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were paid a dividend of $0.12 per share. This represents a $0.48 annualized dividend and a yield of 2.47%. The ex-dividend date was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently 57.14%.

Institutional Trading of Sensata Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in ST. Blue Trust Inc. raised its stake in Sensata Technologies by 738.7% during the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 820 shares during the period. Brown Brothers Harriman & Co. purchased a new position in Sensata Technologies during the 4th quarter valued at approximately $27,000. Parallel Advisors LLC grew its holdings in Sensata Technologies by 278.8% during the 1st quarter. Parallel Advisors LLC now owns 1,519 shares of the scientific and technical instruments company’s stock valued at $37,000 after buying an additional 1,118 shares in the last quarter. Venturi Wealth Management LLC grew its holdings in Sensata Technologies by 67.6% during the 4th quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after buying an additional 817 shares in the last quarter. Finally, Quarry LP grew its holdings in Sensata Technologies by 61.2% during the 3rd quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock valued at $61,000 after buying an additional 651 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.