Shares of Sensata Technologies Holding PLC (NYSE:ST) have received a consensus rating of “Hold” from the eleven analysts that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $54.25.
A number of research firms recently issued reports on ST. SunTrust Banks lifted their target price on Sensata Technologies to $54.00 and gave the company a “hold” rating in a report on Thursday, February 7th. Zacks Investment Research lowered Sensata Technologies from a “hold” rating to a “sell” rating in a report on Thursday, April 11th. Jefferies Financial Group lifted their target price on Sensata Technologies from $59.00 to $62.00 and gave the company a “buy” rating in a report on Monday, March 18th. ValuEngine cut Sensata Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. Finally, Barclays set a $51.00 price target on Sensata Technologies and gave the company a “buy” rating in a research note on Friday, January 4th.
In related news, EVP Steven Beringhause sold 60,000 shares of the company’s stock in a transaction on Friday, February 22nd. The shares were sold at an average price of $50.96, for a total transaction of $3,057,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Martha N. Sullivan sold 50,000 shares of the company’s stock in a transaction on Monday, February 11th. The stock was sold at an average price of $46.65, for a total transaction of $2,332,500.00. The disclosure for this sale can be found here. Insiders sold a total of 165,000 shares of company stock valued at $8,073,600 over the last quarter. 2.00% of the stock is currently owned by insiders.
A number of institutional investors have recently made changes to their positions in ST. Man Group plc boosted its position in Sensata Technologies by 327.8% in the 3rd quarter. Man Group plc now owns 60,828 shares of the scientific and technical instruments company’s stock valued at $3,014,000 after buying an additional 46,610 shares during the last quarter. Teachers Advisors LLC lifted its position in shares of Sensata Technologies by 5.4% during the third quarter. Teachers Advisors LLC now owns 425,990 shares of the scientific and technical instruments company’s stock worth $21,108,000 after purchasing an additional 21,838 shares during the last quarter. Courant Investment Management LLC bought a new position in shares of Sensata Technologies during the fourth quarter worth about $3,811,000. Beese Fulmer Investment Management Inc. lifted its position in shares of Sensata Technologies by 3.0% during the fourth quarter. Beese Fulmer Investment Management Inc. now owns 100,801 shares of the scientific and technical instruments company’s stock worth $4,517,000 after purchasing an additional 2,940 shares during the last quarter. Finally, Deutsche Bank AG lifted its position in shares of Sensata Technologies by 27.5% during the third quarter. Deutsche Bank AG now owns 524,037 shares of the scientific and technical instruments company’s stock worth $25,963,000 after purchasing an additional 113,176 shares during the last quarter. 94.24% of the stock is owned by hedge funds and other institutional investors.
NYSE:ST opened at $50.11 on Friday. The firm has a market capitalization of $8.42 billion, a P/E ratio of 13.73, a P/E/G ratio of 1.05 and a beta of 1.29. Sensata Technologies has a 12-month low of $40.78 and a 12-month high of $56.28. The company has a quick ratio of 2.23, a current ratio of 3.00 and a debt-to-equity ratio of 1.25.
Sensata Technologies (NYSE:ST) last released its earnings results on Wednesday, February 6th. The scientific and technical instruments company reported $0.95 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.99 by ($0.04). The company had revenue of $847.90 million during the quarter, compared to analysts’ expectations of $866.27 million. Sensata Technologies had a net margin of 17.01% and a return on equity of 24.94%. The company’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter last year, the business posted $0.87 earnings per share. Equities research analysts predict that Sensata Technologies will post 3.98 earnings per share for the current year.
About Sensata Technologies
Sensata Technologies Holding plc, through its subsidiary, Sensata Technologies Holding N.V., develops, manufactures, and sells a range of sensors and controls in the Americas, Asia, Europe, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures pressure sensors, speed and position sensors, and temperature sensors.
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