Q4 2017 EPS Estimates for Sensata Technologies Holding N.V. (NYSE:ST) Boosted by Analyst

Sensata Technologies Holding N.V. (NYSE:ST) – Equities researchers at Oppenheimer Holdings lifted their Q4 2017 earnings estimates for Sensata Technologies Holding N.V. in a research note issued to investors on Tuesday, according to Zacks Investment Research. Oppenheimer Holdings analyst C. Glynn now anticipates that the scientific and technical instruments company will earn $0.84 per share for the quarter, up from their previous forecast of $0.83. Oppenheimer Holdings currently has a “Buy” rating on the stock.

Other equities research analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of Sensata Technologies Holding N.V. from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a report on Tuesday, September 5th. BidaskClub lowered shares of Sensata Technologies Holding N.V. from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $50.00 target price (up previously from $46.00) on shares of Sensata Technologies Holding N.V. in a research report on Wednesday, July 26th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $51.00 target price (up previously from $48.00) on shares of Sensata Technologies Holding N.V. in a research report on Wednesday, July 26th. Finally, BMO Capital Markets set a $42.00 target price on shares of Sensata Technologies Holding N.V. and gave the company a “hold” rating in a research report on Wednesday, July 26th. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Sensata Technologies Holding N.V. presently has an average rating of “Buy” and an average price target of $51.00.

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Shares of Sensata Technologies Holding N.V. (NYSE ST) traded down $0.02 during trading hours on Friday, hitting $47.89. 669,300 shares of the company were exchanged, compared to its average volume of 1,317,485. Sensata Technologies Holding N.V. has a fifty-two week low of $36.32 and a fifty-two week high of $50.83. The company has a current ratio of 2.76, a quick ratio of 2.04 and a debt-to-equity ratio of 1.49. The firm has a market capitalization of $8,206.81, a price-to-earnings ratio of 15.51, a price-to-earnings-growth ratio of 1.51 and a beta of 1.46.

Sensata Technologies Holding N.V. (NYSE:ST) last issued its quarterly earnings data on Tuesday, October 24th. The scientific and technical instruments company reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.01. Sensata Technologies Holding N.V. had a net margin of 9.39% and a return on equity of 25.75%. The business had revenue of $819.10 million for the quarter, compared to analyst estimates of $803.14 million. During the same period last year, the business posted $0.74 earnings per share. The firm’s quarterly revenue was up 3.7% on a year-over-year basis.

Several institutional investors and hedge funds have recently made changes to their positions in ST. Janus Henderson Group PLC grew its position in shares of Sensata Technologies Holding N.V. by 58,991.8% in the 2nd quarter. Janus Henderson Group PLC now owns 15,101,502 shares of the scientific and technical instruments company’s stock valued at $645,136,000 after acquiring an additional 15,075,946 shares during the period. BlackRock Inc. grew its position in shares of Sensata Technologies Holding N.V. by 3,675.0% in the 1st quarter. BlackRock Inc. now owns 4,923,922 shares of the scientific and technical instruments company’s stock valued at $215,028,000 after acquiring an additional 4,793,488 shares during the period. State Street Corp grew its position in shares of Sensata Technologies Holding N.V. by 106.4% in the 2nd quarter. State Street Corp now owns 3,204,903 shares of the scientific and technical instruments company’s stock valued at $136,915,000 after acquiring an additional 1,652,112 shares during the period. Goldman Sachs Group Inc. grew its position in shares of Sensata Technologies Holding N.V. by 18.2% in the 2nd quarter. Goldman Sachs Group Inc. now owns 4,720,010 shares of the scientific and technical instruments company’s stock valued at $201,639,000 after acquiring an additional 725,786 shares during the period. Finally, Clearbridge Investments LLC grew its position in shares of Sensata Technologies Holding N.V. by 179.3% in the 1st quarter. Clearbridge Investments LLC now owns 1,119,224 shares of the scientific and technical instruments company’s stock valued at $48,877,000 after acquiring an additional 718,533 shares during the period.

In other news, COO Jeffrey J. Cote sold 13,311 shares of Sensata Technologies Holding N.V. stock in a transaction dated Tuesday, October 31st. The shares were sold at an average price of $49.03, for a total value of $652,638.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders sold 80,000 shares of company stock valued at $3,870,245. Insiders own 1.00% of the company’s stock.

Sensata Technologies Holding N.V. Company Profile

Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.

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Earnings History and Estimates for Sensata Technologies Holding N.V. (NYSE:ST)

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