Sensata Technologies (NYSE:ST) Hits New 1-Year Low - Time to Sell?

Shares of Sensata Technologies Holding plc (NYSE:ST - Get Free Report) reached a new 52-week low on Monday . The stock traded as low as $25.71 and last traded at $25.24, with a volume of 7136 shares. The stock had previously closed at $27.16.

Analyst Ratings Changes

A number of brokerages recently issued reports on ST. Robert W. Baird lowered their price objective on Sensata Technologies from $40.00 to $36.00 and set a "neutral" rating on the stock in a research note on Tuesday, November 5th. Stifel Nicolaus cut their price objective on shares of Sensata Technologies from $43.00 to $38.00 and set a "hold" rating for the company in a report on Tuesday, November 5th. Truist Financial lowered their target price on shares of Sensata Technologies from $38.00 to $33.00 and set a "hold" rating on the stock in a report on Tuesday, November 5th. JPMorgan Chase & Co. cut their price target on Sensata Technologies from $34.00 to $32.00 and set an "underweight" rating for the company in a report on Tuesday, November 5th. Finally, Oppenheimer reduced their price target on Sensata Technologies from $47.00 to $44.00 and set an "outperform" rating for the company in a research report on Tuesday, November 5th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $39.58.

Sensata Technologies Trading Down 0.5 %

The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.60. The stock has a market cap of $3.81 billion, a P/E ratio of -47.15, a P/E/G ratio of 0.82 and a beta of 1.23. The stock has a 50-day moving average price of $28.62 and a 200-day moving average price of $33.05.

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 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.86. The business 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%. Sensata Technologies's revenue for the quarter was down 1.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.91 earnings per share. On average, equities research analysts expect that Sensata Technologies Holding plc will post 3.44 EPS for the current year.

Sensata Technologies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th will be issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.89%. The ex-dividend date is Wednesday, February 12th. Sensata Technologies's dividend payout ratio is currently -88.89%.

Institutional Trading of Sensata Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Arizona State Retirement System grew its stake in shares of Sensata Technologies by 0.9% during the fourth quarter. Arizona State Retirement System now owns 43,810 shares of the scientific and technical instruments company's stock valued at $1,200,000 after buying an additional 405 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in Sensata Technologies by 5.9% during the 4th quarter. Victory Capital Management Inc. now owns 2,231,369 shares of the scientific and technical instruments company's stock valued at $61,140,000 after acquiring an additional 124,535 shares during the period. Charles Schwab Investment Management Inc. grew its position in Sensata Technologies by 1.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,060,537 shares of the scientific and technical instruments company's stock worth $29,059,000 after acquiring an additional 19,233 shares during the last quarter. Jones Financial Companies Lllp increased its stake in Sensata Technologies by 9.4% in the 4th quarter. Jones Financial Companies Lllp now owns 7,751 shares of the scientific and technical instruments company's stock worth $212,000 after purchasing an additional 668 shares during the period. Finally, Parkside Financial Bank & Trust lifted its position in Sensata Technologies by 48.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company's stock valued at $69,000 after purchasing an additional 820 shares during the last quarter. Hedge funds and other institutional investors 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.