Sensata Technologies (NYSE:ST) Reaches New 1-Year Low - Should You Sell?

Shares of Sensata Technologies Holding plc (NYSE:ST - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as $26.72 and last traded at $26.84, with a volume of 70087 shares traded. The stock had previously closed at $27.38.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ST. Oppenheimer dropped their price target on shares of Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating for the company in a research report on Tuesday, November 5th. Evercore ISI dropped their target price on shares of Sensata Technologies from $60.00 to $50.00 and set an "outperform" rating for the company in a report on Tuesday, October 15th. The Goldman Sachs Group decreased their price target on 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 lowered their price target on Sensata Technologies from $40.00 to $36.00 and set a "neutral" rating for the company in a research report on Tuesday, November 5th. Finally, UBS Group cut their price objective on Sensata Technologies from $44.00 to $39.00 and set a "buy" rating on the stock in a report on Wednesday, November 6th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, Sensata Technologies presently has a consensus rating of "Hold" and a consensus target price of $41.00.

Sensata Technologies Stock Down 0.9 %

The company has a current ratio of 2.60, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. The business has a 50 day moving average of $31.58 and a 200-day moving average of $35.12. The stock has a market cap of $4.06 billion, a PE ratio of -50.22, a P/E/G ratio of 0.89 and a beta of 1.22.

Sensata Technologies (NYSE:ST - Get Free Report) last announced its earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 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 business had revenue of $982.80 million for the quarter, compared to analysts' expectations of $983.93 million. During the same period in the previous year, the company posted $0.91 EPS. The company's quarterly revenue was down 1.8% on a year-over-year basis. Equities research analysts predict that Sensata Technologies Holding plc will post 3.43 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date of this dividend was Wednesday, November 13th. Sensata Technologies's dividend payout ratio is currently -88.89%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Quarry LP raised its holdings in Sensata Technologies by 227.1% during the second quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company's stock worth $40,000 after purchasing an additional 738 shares in the last quarter. Assetmark Inc. increased its position in Sensata Technologies by 19.0% during the 3rd quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company's stock worth $93,000 after purchasing an additional 416 shares during the period. nVerses Capital LLC purchased a new position in shares of Sensata Technologies during the 2nd quarter worth approximately $131,000. Canada Pension Plan Investment Board acquired a new stake in shares of Sensata Technologies in the 2nd quarter valued at approximately $142,000. Finally, Capstone Investment Advisors LLC purchased a new stake in shares of Sensata Technologies in the third quarter valued at approximately $237,000. 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.