Sensata Technologies (NYSE:ST) Reaches New 52-Week Low - Should You Sell?

Sensata Technologies Holding plc (NYSE:ST - Get Free Report) shares hit a new 52-week low on Friday . The company traded as low as $30.33 and last traded at $30.36, with a volume of 1349892 shares changing hands. The stock had previously closed at $31.14.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ST shares. Robert W. Baird cut their target price on shares of Sensata Technologies from $40.00 to $36.00 and set a "neutral" rating for the company in a research report on Tuesday, November 5th. Oppenheimer cut their price objective on Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating for the company in a report on Tuesday, November 5th. Wolfe Research began coverage on Sensata Technologies in a research note on Thursday, September 5th. They issued a "peer perform" rating on the stock. Evercore ISI cut their price target on Sensata Technologies from $60.00 to $50.00 and set an "outperform" rating for the company in a research note on Tuesday, October 15th. Finally, Truist Financial reduced their price target on Sensata Technologies from $38.00 to $33.00 and set a "hold" rating for the company in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, Sensata Technologies currently has an average rating of "Hold" and an average price target of $41.00.

Sensata Technologies Stock Performance

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's 50-day moving average price is $33.72 and its 200 day moving average price is $36.48. The company has a market cap of $4.58 billion, a P/E ratio of -56.70, a price-to-earnings-growth ratio of 0.92 and a beta of 1.22.

Sensata Technologies (NYSE:ST - Get Free Report) last released its earnings results 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. The firm had revenue of $982.80 million during the quarter, compared to analyst estimates of $983.93 million. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The business's revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.91 EPS. As a group, research analysts expect that Sensata Technologies Holding plc will post 3.43 EPS for the current fiscal year.

Sensata Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend was Wednesday, November 13th. Sensata Technologies's dividend payout ratio (DPR) is currently -88.89%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. 272 Capital LP acquired a new position in Sensata Technologies in the 3rd quarter valued at approximately $292,000. Franklin Resources Inc. increased 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 purchasing an additional 403 shares during the period. Tidal Investments LLC raised its stake in shares of Sensata Technologies by 1.1% in the third 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 in the last quarter. Geode Capital Management LLC lifted its position in Sensata Technologies by 1.0% in the third quarter. Geode Capital Management LLC now owns 2,520,062 shares of the scientific and technical instruments company's stock worth $90,393,000 after purchasing an additional 24,707 shares during the period. Finally, Barclays PLC boosted its stake in Sensata Technologies by 14.9% during the third quarter. Barclays PLC now owns 77,759 shares of the scientific and technical instruments company's stock worth $2,788,000 after buying an additional 10,107 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

About Sensata Technologies

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.