Media stories about Sensata Technologies (NYSE:ST) have trended somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sensata Technologies earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave headlines about the scientific and technical instruments company an impact score of 45.4080127078053 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
A number of brokerages have recently commented on ST. Zacks Investment Research raised Sensata Technologies from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a research note on Wednesday. Cowen reaffirmed a “hold” rating on shares of Sensata Technologies in a research note on Thursday, December 14th. Oppenheimer reaffirmed a “buy” rating on shares of Sensata Technologies in a research note on Tuesday, October 24th. BMO Capital Markets upped their price target on Sensata Technologies from $45.00 to $47.00 and gave the company a “market perform” rating in a research note on Wednesday, December 13th. Finally, Morgan Stanley upped their price target on Sensata Technologies from $48.00 to $50.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 13th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $55.00.
Shares of Sensata Technologies (NYSE:ST) traded up $0.81 on Friday, hitting $54.16. The company had a trading volume of 1,030,000 shares, compared to its average volume of 1,300,000. The company has a debt-to-equity ratio of 1.49, a current ratio of 2.76 and a quick ratio of 2.04. Sensata Technologies has a 1-year low of $38.71 and a 1-year high of $54.21. The firm has a market cap of $9,280.00, a price-to-earnings ratio of 30.43, a PEG ratio of 1.50 and a beta of 1.47.
Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Tuesday, October 24th. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.01. Sensata Technologies had a return on equity of 25.75% and a net margin of 9.39%. The business had revenue of $819.10 million during the quarter, compared to analyst estimates of $803.14 million. During the same period in the previous year, the firm earned $0.74 EPS. Sensata Technologies’s quarterly revenue was up 3.7% compared to the same quarter last year. research analysts anticipate that Sensata Technologies will post 3.17 EPS for the current fiscal year.
In other Sensata Technologies news, COO Jeffrey J. Cote sold 13,311 shares of the company’s stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $49.03, for a total transaction of $652,638.33. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul B. Edgerley purchased 200,000 shares of Sensata Technologies stock in a transaction on Thursday, November 16th. The shares were purchased at an average cost of $47.47 per share, with a total value of $9,494,000.00. The disclosure for this purchase can be found here. Insiders sold a total of 87,588 shares of company stock valued at $4,258,599 over the last quarter. 1.00% of the stock is owned by insiders.
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About Sensata Technologies
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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