Sensata Technologies Holding plc (NYSE:ST - Get Free Report) hit a new 52-week low on Wednesday . The stock traded as low as $17.32 and last traded at $17.99, with a volume of 796014 shares changing hands. The stock had previously closed at $17.69.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the company. UBS Group reduced their target price on Sensata Technologies from $37.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday. Evercore ISI lowered shares of Sensata Technologies from an "outperform" rating to an "inline" rating and decreased their target price for the company from $40.00 to $27.00 in a report on Thursday, April 3rd. The Goldman Sachs Group raised shares of Sensata Technologies from a "neutral" rating to a "buy" rating and cut their price target for the stock from $31.00 to $27.00 in a report on Thursday. Finally, Oppenheimer decreased their price objective on shares of Sensata Technologies from $44.00 to $40.00 and set an "outperform" rating on the stock in a research note on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $36.73.
Check Out Our Latest Report on ST
Sensata Technologies Price Performance
The stock has a market capitalization of $2.99 billion, a P/E ratio of 23.81, a PEG ratio of 1.25 and a beta of 1.12. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. The business has a fifty day simple moving average of $26.06 and a 200-day simple moving average of $29.44.
Sensata Technologies (NYSE:ST - Get Free Report) last issued its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, meeting analysts' consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Sell-side analysts expect that Sensata Technologies Holding plc will post 3.21 earnings per share for the current fiscal year.
Sensata Technologies Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Shareholders of record on Wednesday, February 12th were issued a dividend of $0.12 per share. The ex-dividend date was Wednesday, February 12th. This represents a $0.48 annualized dividend and a yield of 2.40%. Sensata Technologies's payout ratio is 57.14%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in ST. Olstein Capital Management L.P. raised its position in Sensata Technologies by 0.4% in the 1st quarter. Olstein Capital Management L.P. now owns 446,000 shares of the scientific and technical instruments company's stock valued at $10,824,000 after buying an additional 1,926 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of Sensata Technologies by 122.8% in the 1st quarter. Farther Finance Advisors LLC now owns 4,254 shares of the scientific and technical instruments company's stock worth $103,000 after acquiring an additional 2,345 shares in the last quarter. Wedge Capital Management L L P NC purchased a new stake in shares of Sensata Technologies in the first quarter valued at about $2,624,000. Park Avenue Securities LLC lifted its position in shares of Sensata Technologies by 25.6% during the first quarter. Park Avenue Securities LLC now owns 13,625 shares of the scientific and technical instruments company's stock valued at $331,000 after purchasing an additional 2,773 shares in the last quarter. Finally, UMB Bank n.a. boosted its holdings in Sensata Technologies by 110.0% during the first quarter. UMB Bank n.a. now owns 1,873 shares of the scientific and technical instruments company's stock worth $45,000 after purchasing an additional 981 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.
About Sensata Technologies
(
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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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