Sensata Technologies Holding plc (NYSE:ST) Given Average Rating of “Hold” by Analysts

Shares of Sensata Technologies Holding plc (NYSE:ST) have been assigned a consensus recommendation of “Hold” from the eleven analysts that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $44.10.

A number of research analysts have recently commented on the company. Vertical Research began coverage on Sensata Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $55.00 price target for the company. Truist Financial decreased their price target on shares of Sensata Technologies from $46.00 to $38.00 and set a “hold” rating for the company in a research report on Tuesday, July 30th. Bank of America decreased their price objective on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating for the company in a report on Tuesday, July 30th. Wolfe Research started coverage on Sensata Technologies in a report on Thursday, September 5th. They set a “peer perform” rating on the stock. Finally, Oppenheimer decreased their price target on Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating for the company in a research note on Wednesday, July 31st.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Principal Securities Inc. bought a new stake in Sensata Technologies in the 4th quarter valued at about $29,000. GAMMA Investing LLC increased its holdings in shares of Sensata Technologies by 399.0% during the second quarter. GAMMA Investing LLC now owns 968 shares of the scientific and technical instruments company’s stock valued at $36,000 after acquiring an additional 774 shares in the last quarter. Versant Capital Management Inc acquired a new position in shares of Sensata Technologies during the second quarter worth approximately $37,000. Quarry LP lifted its holdings in shares of Sensata Technologies by 227.1% in the 2nd quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock worth $40,000 after purchasing an additional 738 shares in the last quarter. Finally, SageView Advisory Group LLC bought a new position in shares of Sensata Technologies in the 1st quarter worth $85,000. Institutional investors and hedge funds own 99.42% of the company’s stock.

Sensata Technologies Stock Down 2.9 %

ST stock opened at $35.36 on Monday. The business has a 50-day simple moving average of $37.13 and a 200 day simple moving average of $37.69. Sensata Technologies has a 52 week low of $30.56 and a 52 week high of $43.14. The company has a quick ratio of 1.31, a current ratio of 1.77 and a debt-to-equity ratio of 1.06. The company has a market cap of $5.32 billion, a PE ratio of -321.41, a price-to-earnings-growth ratio of 1.38 and a beta of 1.26.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Monday, July 29th. The scientific and technical instruments company reported $0.93 earnings per share for the quarter, hitting the consensus estimate of $0.93. Sensata Technologies had a return on equity of 17.57% and a net margin of 0.21%. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the prior year, the company earned $0.97 EPS. Sensata Technologies’s revenue for the quarter was down 2.5% on a year-over-year basis. Sell-side analysts anticipate that Sensata Technologies will post 3.57 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Wednesday, August 14th were paid a dividend of $0.12 per share. The ex-dividend date was Wednesday, August 14th. This represents a $0.48 annualized dividend and a yield of 1.36%. Sensata Technologies’s dividend payout ratio is currently -436.36%.

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.