$0.99 EPS Expected for Sensata Technologies Holding PLC (ST) This Quarter

Analysts expect Sensata Technologies Holding PLC (NYSE:ST) to report $0.99 earnings per share (EPS) for the current quarter, according to Zacks. Five analysts have issued estimates for Sensata Technologies’ earnings, with the highest EPS estimate coming in at $1.00 and the lowest estimate coming in at $0.97. Sensata Technologies reported earnings per share of $0.87 in the same quarter last year, which indicates a positive year over year growth rate of 13.8%. The company is scheduled to announce its next quarterly earnings results on Thursday, February 7th.

On average, analysts expect that Sensata Technologies will report full-year earnings of $3.68 per share for the current fiscal year, with EPS estimates ranging from $3.66 to $3.69. For the next fiscal year, analysts expect that the business will report earnings of $4.08 per share, with EPS estimates ranging from $3.87 to $4.20. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that follow Sensata Technologies.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Tuesday, October 30th. The scientific and technical instruments company reported $0.91 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.91. Sensata Technologies had a return on equity of 25.28% and a net margin of 14.63%. The firm had revenue of $873.60 million for the quarter, compared to the consensus estimate of $864.62 million. During the same quarter in the prior year, the business earned $0.81 EPS. The business’s revenue for the quarter was up 6.7% compared to the same quarter last year.

Several brokerages have commented on ST. Canaccord Genuity began coverage on shares of Sensata Technologies in a research report on Friday, August 3rd. They set a “buy” rating and a $70.00 target price for the company. Barclays upped their price objective on shares of Sensata Technologies from $58.00 to $59.00 and gave the stock a “buy” rating in a research report on Wednesday, October 31st. BMO Capital Markets reaffirmed a “hold” rating and issued a $41.00 price objective on shares of Sensata Technologies in a research report on Tuesday, October 30th. Zacks Investment Research raised shares of Sensata Technologies from a “hold” rating to a “buy” rating and set a $59.00 price objective for the company in a research report on Friday, July 27th. Finally, SunTrust Banks set a $49.00 price objective on shares of Sensata Technologies and gave the stock a “hold” rating in a research report on Wednesday, October 31st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $56.33.

NYSE:ST traded up $0.05 during trading hours on Friday, hitting $46.55. 9,871 shares of the stock were exchanged, compared to its average volume of 1,405,251. Sensata Technologies has a twelve month low of $41.12 and a twelve month high of $57.40. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.35 and a current ratio of 3.10. The company has a market cap of $7.97 billion, a price-to-earnings ratio of 14.47, a P/E/G ratio of 1.11 and a beta of 1.55.

In other news, EVP Jeffrey J. Cote sold 570 shares of the stock in a transaction on Monday, October 1st. The shares were sold at an average price of $50.00, for a total value of $28,500.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 2.00% of the company’s stock.

Several large investors have recently modified their holdings of ST. Fort L.P. bought a new position in shares of Sensata Technologies during the 2nd quarter valued at $111,000. Legacy Financial Advisors Inc. bought a new position in shares of Sensata Technologies during the 3rd quarter valued at $124,000. Chicago Partners Investment Group LLC grew its holdings in shares of Sensata Technologies by 76.6% during the 2nd quarter. Chicago Partners Investment Group LLC now owns 2,825 shares of the scientific and technical instruments company’s stock valued at $134,000 after purchasing an additional 1,225 shares during the last quarter. Point72 Hong Kong Ltd grew its holdings in shares of Sensata Technologies by 69.5% during the 3rd quarter. Point72 Hong Kong Ltd now owns 3,273 shares of the scientific and technical instruments company’s stock valued at $162,000 after purchasing an additional 1,342 shares during the last quarter. Finally, Gideon Capital Advisors Inc. bought a new position in shares of Sensata Technologies during the 2nd quarter valued at $207,000.

About Sensata Technologies

Sensata Technologies Holding PLC would be operating as a holding company for Sensata Technologies Holding N.V. that develops, manufactures, and sells sensors and controls in the Americas, Asia, and Europe. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment supplies pressure sensors, speed and position sensors, temperature sensors, and pressure switches.

Recommended Story: Stop Order Uses For Individual Investors

Get a free copy of the Zacks research report on Sensata Technologies (ST)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Sensata Technologies (NYSE:ST)

Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply