Sensata Technologies Holding (NYSE:ST) has earned an average recommendation of “Buy” from the fourteen research firms that are covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $57.60.
A number of research firms have commented on ST. Zacks Investment Research upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating and set a $59.00 price target on the stock in a research report on Wednesday, January 10th. BMO Capital Markets reiterated a “hold” rating and issued a $51.00 target price on shares of Sensata Technologies in a report on Tuesday, January 30th. Barclays boosted their target price on shares of Sensata Technologies from $58.00 to $61.00 and gave the stock an “overweight” rating in a report on Friday, February 2nd. Stifel Nicolaus reiterated a “buy” rating and issued a $63.00 target price on shares of Sensata Technologies in a report on Thursday, February 1st. Finally, Morgan Stanley boosted their target price on shares of Sensata Technologies from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 13th.
Shares of ST stock traded down $1.77 during midday trading on Wednesday, reaching $50.90. 799,358 shares of the company were exchanged, compared to its average volume of 725,585. Sensata Technologies has a 12 month low of $38.71 and a 12 month high of $57.40. The company has a market capitalization of $9,028.25, a price-to-earnings ratio of 16.46, a price-to-earnings-growth ratio of 1.44 and a beta of 1.51. The company has a current ratio of 2.94, a quick ratio of 2.23 and a debt-to-equity ratio of 1.39.
Sensata Technologies (NYSE:ST) last released its quarterly earnings results on Thursday, February 1st. The scientific and technical instruments company reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.02. Sensata Technologies had a net margin of 12.35% and a return on equity of 25.40%. The company had revenue of $840.53 million for the quarter, compared to the consensus estimate of $822.31 million. During the same period in the previous year, the firm earned $0.76 EPS. Sensata Technologies’s revenue was up 6.6% on a year-over-year basis. equities research analysts predict that Sensata Technologies will post 3.66 earnings per share for the current year.
In other news, EVP Steven Beringhause sold 3,720 shares of Sensata Technologies stock in a transaction that occurred on Wednesday, January 17th. The shares were sold at an average price of $54.85, for a total value of $204,042.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Jeffrey J. Cote sold 5,000 shares of Sensata Technologies stock in a transaction that occurred on Thursday, April 5th. The stock was sold at an average price of $52.48, for a total transaction of $262,400.00. The disclosure for this sale can be found here. Insiders sold a total of 13,720 shares of company stock worth $738,942 over the last quarter. Insiders own 1.00% of the company’s stock.
Several institutional investors have recently added to or reduced their stakes in ST. Gates Capital Management Inc. purchased a new position in shares of Sensata Technologies in the fourth quarter worth approximately $69,841,000. Generation Investment Management LLP increased its position in shares of Sensata Technologies by 11.5% in the fourth quarter. Generation Investment Management LLP now owns 8,492,487 shares of the scientific and technical instruments company’s stock worth $434,051,000 after acquiring an additional 878,917 shares in the last quarter. London Co. of Virginia purchased a new position in shares of Sensata Technologies in the fourth quarter worth approximately $41,251,000. Tesuji Partners LLC increased its position in shares of Sensata Technologies by 5.0% in the fourth quarter. Tesuji Partners LLC now owns 10,500,159 shares of the scientific and technical instruments company’s stock worth $536,663,000 after acquiring an additional 500,000 shares in the last quarter. Finally, AXA increased its position in shares of Sensata Technologies by 56.2% in the fourth quarter. AXA now owns 1,354,776 shares of the scientific and technical instruments company’s stock worth $69,242,000 after acquiring an additional 487,178 shares in the last quarter.
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Sensata Technologies 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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