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

Sensata Technologies Holding plc (NYSE:ST - Get Free Report) announced a quarterly dividend on Friday, January 24th,RTT News reports. Shareholders of record on Wednesday, February 12th will be given a dividend of 0.12 per share by the scientific and technical instruments company on Wednesday, February 26th. This represents a $0.48 annualized dividend and a yield of 1.68%.

Sensata Technologies has a payout ratio of 13.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Sensata Technologies to earn $3.30 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 14.5%.

Sensata Technologies Trading Down 2.0 %

ST stock traded down $0.59 during trading on Friday, hitting $28.49. The company had a trading volume of 779,569 shares, compared to its average volume of 1,138,456. The firm has a 50-day moving average price of $29.52 and a 200-day moving average price of $33.96. Sensata Technologies has a 12 month low of $26.65 and a 12 month high of $43.14. The company has a quick ratio of 1.76, a current ratio of 2.60 and a debt-to-equity ratio of 1.08. The stock has a market cap of $4.26 billion, a price-to-earnings ratio of -52.78, a PEG ratio of 0.87 and a beta of 1.24.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, hitting analysts' consensus estimates of $0.86. The firm had revenue of $982.80 million during the quarter, compared to analyst estimates of $983.93 million. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. The company's revenue was down 1.8% on a year-over-year basis. During the same period last year, the company earned $0.91 earnings per share. As a group, analysts predict that Sensata Technologies will post 3.44 earnings per share for the current year.

Analyst Ratings Changes

ST has been the subject of a number of analyst reports. JPMorgan Chase & Co. decreased their price objective on Sensata Technologies from $34.00 to $32.00 and set an "underweight" rating for the company in a research note on Tuesday, November 5th. Oppenheimer lowered their price target on Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating for the company in a research note on Tuesday, November 5th. Stifel Nicolaus reduced their price objective on shares of Sensata Technologies from $43.00 to $38.00 and set a "hold" rating on the stock in a research note on Tuesday, November 5th. Evercore ISI lowered their target price 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. Finally, UBS Group reduced their price target on shares of Sensata Technologies from $44.00 to $39.00 and set a "buy" rating on the stock in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $39.58.

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.