Sensata Technologies Holding plc (NYSE:ST) to Issue $0.12 Quarterly Dividend

Sensata Technologies Holding plc (NYSE:ST - Get Free Report) declared a quarterly dividend on Monday, October 28th, NASDAQ reports. Stockholders of record on Wednesday, November 13th will be paid a dividend of 0.12 per share by the scientific and technical instruments company on Wednesday, November 27th. This represents a $0.48 annualized dividend and a dividend yield of 1.36%. The ex-dividend date is Wednesday, November 13th.

Sensata Technologies has a dividend payout ratio of 12.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Sensata Technologies to earn $3.83 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 12.5%.

Sensata Technologies Price Performance

Shares of ST traded down $0.22 on Tuesday, hitting $35.33. The company's stock had a trading volume of 668,396 shares, compared to its average volume of 1,864,503. The company has a market capitalization of $5.33 billion, a PE ratio of 888.97, a PEG ratio of 1.39 and a beta of 1.25. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.77 and a quick ratio of 1.31. Sensata Technologies has a fifty-two week low of $30.56 and a fifty-two week high of $43.14. The company has a 50 day moving average price of $35.96 and a 200 day moving average price of $37.67.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its earnings results on Monday, July 29th. The scientific and technical instruments company reported $0.93 EPS for the quarter, hitting the consensus estimate of $0.93. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.04 billion. Sensata Technologies had a return on equity of 17.57% and a net margin of 0.21%. Sensata Technologies's revenue was down 2.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.97 EPS. On average, research analysts anticipate that Sensata Technologies will post 3.55 earnings per share for the current fiscal year.

Analyst Ratings Changes

ST has been the topic of several recent analyst reports. Bank of America reduced their target price on Sensata Technologies from $44.00 to $41.00 and set a "neutral" rating on the stock in a report on Tuesday, July 30th. Evercore ISI dropped their price objective on shares of Sensata Technologies from $60.00 to $50.00 and set an "outperform" rating for the company in a research report on Tuesday, October 15th. Truist Financial dropped their price objective on shares of Sensata Technologies from $46.00 to $38.00 and set a "hold" rating for the company in a research report on Tuesday, July 30th. The Goldman Sachs Group dropped their price objective on shares of Sensata Technologies from $41.00 to $39.00 and set a "neutral" rating for the company in a research report on Tuesday, October 1st. Finally, Wolfe Research initiated coverage on shares of Sensata Technologies in a research report on Thursday, September 5th. They issued a "peer perform" rating for the company. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $43.40.

About Sensata Technologies

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.

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