Sensata Technologies Holding plc (NYSE:ST) Receives Consensus Recommendation of "Hold" from Brokerages

Sensata Technologies Holding plc (NYSE:ST - Get Free Report) has earned a consensus rating of "Hold" from the thirteen brokerages that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $41.00.

ST has been the subject of a number of research analyst reports. Wolfe Research started coverage on Sensata Technologies in a report on Thursday, September 5th. They issued a "peer perform" rating for the company. The Goldman Sachs Group lowered their target price on shares of Sensata Technologies from $41.00 to $39.00 and set a "neutral" rating on the stock in a research note on Tuesday, October 1st. Robert W. Baird reduced their price target on shares of Sensata Technologies from $40.00 to $36.00 and set a "neutral" rating for the company in a research note on Tuesday, November 5th. Oppenheimer lowered their price objective on shares of Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating on the stock in a research report on Tuesday, November 5th. Finally, TD Cowen dropped their target price on shares of Sensata Technologies from $50.00 to $45.00 and set a "buy" rating on the stock in a report on Wednesday, November 6th.

Sensata Technologies Stock Down 0.1 %

Shares of ST traded down $0.04 on Wednesday, reaching $27.40. The stock had a trading volume of 466,212 shares, compared to its average volume of 1,856,086. The firm has a market capitalization of $4.10 billion, a price-to-earnings ratio of -50.74, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22. The company has a 50-day simple moving average of $32.25 and a 200-day simple moving average of $35.46. Sensata Technologies has a 12-month low of $27.12 and a 12-month high of $43.14. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.60.

Sensata Technologies (NYSE:ST - Get Free Report) last issued its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.86. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The company had revenue of $982.80 million during the quarter, compared to analysts' expectations of $983.93 million. During the same period last year, the company posted $0.91 EPS. Sensata Technologies's revenue was down 1.8% on a year-over-year basis. Sell-side analysts predict that Sensata Technologies will post 3.43 EPS for the current year.

Sensata Technologies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, November 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.75%. Sensata Technologies's dividend payout ratio (DPR) is -88.89%.

Hedge Funds Weigh In On Sensata Technologies

A number of institutional investors and hedge funds have recently made changes to their positions in ST. Tidal Investments LLC increased its position in shares of Sensata Technologies by 1.1% during the 3rd quarter. Tidal Investments LLC now owns 29,346 shares of the scientific and technical instruments company's stock valued at $1,052,000 after purchasing an additional 314 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Sensata Technologies by 3.7% during the third quarter. Franklin Resources Inc. now owns 11,442 shares of the scientific and technical instruments company's stock valued at $418,000 after buying an additional 403 shares during the period. Assetmark Inc. grew its position in Sensata Technologies by 19.0% in the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company's stock valued at $93,000 after acquiring an additional 416 shares during the last quarter. Arizona State Retirement System boosted its stake in shares of Sensata Technologies by 1.3% during the second quarter. Arizona State Retirement System now owns 42,125 shares of the scientific and technical instruments company's stock valued at $1,575,000 after purchasing an additional 529 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in Sensata Technologies by 1.3% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 46,114 shares of the scientific and technical instruments company's stock valued at $1,654,000 after buying an additional 602 shares in the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.

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.