Sensata Technologies Holding plc (NYSE:ST - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $30.98 and last traded at $30.98, with a volume of 677 shares. The stock had previously closed at $31.55.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. Wolfe Research began coverage on Sensata Technologies in a research report on Thursday, September 5th. They set a "peer perform" rating for the company. The Goldman Sachs Group decreased 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 report on Tuesday, October 1st. Bank of America dropped their price target on Sensata Technologies from $44.00 to $41.00 and set a "neutral" rating for the company in a research report on Tuesday, July 30th. Stifel Nicolaus decreased their price objective on Sensata Technologies from $43.00 to $38.00 and set a "hold" rating on the stock in a research report on Tuesday, November 5th. Finally, JPMorgan Chase & Co. decreased their price target on Sensata Technologies from $34.00 to $32.00 and set an "underweight" rating on the stock in a report on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $41.00.
View Our Latest Report on Sensata Technologies
Sensata Technologies Trading Down 1.7 %
The firm has a market capitalization of $4.64 billion, a P/E ratio of -57.94, a price-to-earnings-growth ratio of 0.93 and a beta of 1.25. The stock has a 50-day simple moving average of $34.76 and a two-hundred day simple moving average of $37.47. The company has a current ratio of 2.60, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08.
Sensata Technologies (NYSE:ST - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, hitting 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 analyst estimates of $983.93 million. During the same period in the prior year, the firm earned $0.91 earnings per share. The firm's revenue for the quarter was down 1.8% compared to the same quarter last year. On average, equities research analysts anticipate that Sensata Technologies Holding plc will post 3.43 earnings per share for the current year.
Sensata Technologies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be issued a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.55%. Sensata Technologies's dividend payout ratio is currently -88.89%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in ST. State Board of Administration of Florida Retirement System raised its holdings in Sensata Technologies by 9.9% in the first quarter. State Board of Administration of Florida Retirement System now owns 158,141 shares of the scientific and technical instruments company's stock worth $5,810,000 after purchasing an additional 14,186 shares in the last quarter. Millennium Management LLC lifted its position in Sensata Technologies by 84.8% during the second quarter. Millennium Management LLC now owns 5,059,047 shares of the scientific and technical instruments company's stock valued at $189,158,000 after acquiring an additional 2,321,782 shares during the last quarter. Quadrature Capital Ltd acquired a new stake in Sensata Technologies in the first quarter valued at approximately $1,054,000. Easterly Investment Partners LLC grew its holdings in Sensata Technologies by 3.7% in the second quarter. Easterly Investment Partners LLC now owns 228,440 shares of the scientific and technical instruments company's stock worth $8,541,000 after purchasing an additional 8,088 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Sensata Technologies by 9.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,406,451 shares of the scientific and technical instruments company's stock valued at $52,587,000 after purchasing an additional 122,795 shares during the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.
Sensata Technologies Company Profile
(
Get Free Report)
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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