Sensata Technologies Holding PLC (NYSE:ST) Receives $51.68 Consensus Price Target from Analysts

Shares of Sensata Technologies Holding PLC (NYSE:ST) have been given an average rating of “Hold” by the fourteen research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $51.68.

ST has been the topic of several research analyst reports. Wolfe Research initiated coverage on shares of Sensata Technologies in a research note on Tuesday. They set an “outperform” rating on the stock. Zacks Investment Research raised shares of Sensata Technologies from a “sell” rating to a “hold” rating in a research note on Wednesday, July 31st. SunTrust Banks set a $53.00 target price on shares of Sensata Technologies and gave the stock a “hold” rating in a research note on Wednesday, July 31st. Morgan Stanley lowered their price objective on shares of Sensata Technologies from $45.00 to $44.00 and set an “underweight” rating on the stock in a report on Wednesday, July 31st. Finally, Longbow Research downgraded shares of Sensata Technologies from a “buy” rating to a “neutral” rating and set a $45.84 price objective on the stock. in a report on Monday, June 17th.

In other news, Director Thomas Wroe, Jr. sold 2,666 shares of the stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $44.71, for a total value of $119,196.86. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Paul Chawla sold 9,006 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $52.22, for a total transaction of $470,293.32. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 64,572 shares of company stock worth $3,179,321. Corporate insiders own 2.00% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. Advisor Group Inc. raised its holdings in shares of Sensata Technologies by 6.9% in the second quarter. Advisor Group Inc. now owns 4,451 shares of the scientific and technical instruments company’s stock valued at $217,000 after purchasing an additional 289 shares during the last quarter. Raymond James Trust N.A. increased its holdings in Sensata Technologies by 5.4% during the second quarter. Raymond James Trust N.A. now owns 6,437 shares of the scientific and technical instruments company’s stock worth $316,000 after buying an additional 327 shares during the last quarter. Nomura Asset Management Co. Ltd. increased its holdings in Sensata Technologies by 1.4% during the second quarter. Nomura Asset Management Co. Ltd. now owns 24,740 shares of the scientific and technical instruments company’s stock worth $1,213,000 after buying an additional 330 shares during the last quarter. Creative Planning increased its holdings in Sensata Technologies by 4.6% during the second quarter. Creative Planning now owns 7,731 shares of the scientific and technical instruments company’s stock worth $379,000 after buying an additional 343 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in Sensata Technologies by 0.5% during the second quarter. Victory Capital Management Inc. now owns 68,666 shares of the scientific and technical instruments company’s stock worth $3,365,000 after buying an additional 355 shares during the last quarter. Institutional investors own 91.29% of the company’s stock.

NYSE ST traded up $1.40 on Friday, hitting $48.36. 1,051 shares of the company were exchanged, compared to its average volume of 711,335. The company has a market cap of $7.77 billion, a PE ratio of 13.33, a PEG ratio of 1.06 and a beta of 1.41. Sensata Technologies has a 12 month low of $40.78 and a 12 month high of $52.33. The stock has a fifty day moving average of $48.01 and a 200-day moving average of $47.37. The company has a current ratio of 3.13, a quick ratio of 2.35 and a debt-to-equity ratio of 1.24.

Sensata Technologies (NYSE:ST) last issued its earnings results on Tuesday, July 30th. The scientific and technical instruments company reported $0.93 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.94 by ($0.01). The company had revenue of $883.70 million for the quarter, compared to the consensus estimate of $898.90 million. Sensata Technologies had a return on equity of 23.71% and a net margin of 16.16%. The firm’s revenue was down 3.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.93 earnings per share. On average, analysts expect that Sensata Technologies will post 3.69 earnings per share for the current year.

About Sensata Technologies

Sensata Technologies Holding plc, through its subsidiary, Sensata Technologies Holding N.V., develops, manufactures, and sells a range of sensors and controls in the Americas, Asia, Europe, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures pressure sensors, speed and position sensors, and temperature sensors.

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Analyst Recommendations for Sensata Technologies (NYSE:ST)

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