Sensata Technologies Holding plc (NYSE:ST) Receives $39.08 Average Price Target from Brokerages

Shares of Sensata Technologies Holding plc (NYSE:ST - Get Free Report) have earned an average recommendation of "Hold" from the thirteen ratings firms that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $39.08.

A number of equities analysts recently issued reports on ST shares. Oppenheimer lowered their price target on Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating for the company in a report on Thursday, February 13th. UBS Group dropped their target price on shares of Sensata Technologies from $38.00 to $37.00 and set a "buy" rating on the stock in a research report on Wednesday, February 12th. The Goldman Sachs Group cut their price target on shares of Sensata Technologies from $36.00 to $32.00 and set a "neutral" rating on the stock in a research note on Thursday, January 16th. Finally, Evercore ISI decreased their price objective on shares of Sensata Technologies from $43.00 to $40.00 and set an "outperform" rating for the company in a research note on Friday, January 17th.

Sensata Technologies Stock Down 1.2 %

Shares of NYSE:ST traded down $0.33 during trading hours on Monday, reaching $26.45. The stock had a trading volume of 1,256,822 shares, compared to its average volume of 1,659,795. Sensata Technologies has a 1 year low of $24.91 and a 1 year high of $43.14. The firm's 50 day moving average is $27.96 and its 200-day moving average is $31.50. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of 31.48, a P/E/G ratio of 1.25 and a beta of 1.20. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85.

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Sensata Technologies (NYSE:ST - Get Free Report) last posted its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Research analysts predict that Sensata Technologies will post 3.21 earnings per share for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were given a dividend of $0.12 per share. The ex-dividend date was Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a yield of 1.81%. Sensata Technologies's payout ratio is 57.14%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. State Street Corp raised its position in Sensata Technologies by 0.4% during the 3rd quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company's stock worth $196,187,000 after buying an additional 23,946 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Sensata Technologies by 66.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 660,568 shares of the scientific and technical instruments company's stock valued at $23,688,000 after purchasing an additional 264,334 shares in the last quarter. Loomis Sayles & Co. L P acquired a new position in shares of Sensata Technologies during the 3rd quarter worth $9,791,000. Kempner Capital Management Inc. increased its stake in shares of Sensata Technologies by 233.9% during the 4th quarter. Kempner Capital Management Inc. now owns 209,064 shares of the scientific and technical instruments company's stock worth $5,728,000 after purchasing an additional 146,449 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in shares of Sensata Technologies in the fourth quarter worth $701,000. Institutional investors and hedge funds own 99.42% of the company's stock.

Sensata Technologies Company Profile

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.