Sensata Technologies Holding plc (ST) To Go Ex-Dividend on February 12th

Sensata Technologies Holding plc (NYSE:ST) declared a quarterly dividend on Friday, January 24th,RTT News reports. Investors of record on Wednesday, February 12th will be given a dividend of 0.12 per share by the scientific and technical instruments company on Wednesday, February 26th. This represents a $0.48 dividend on an annualized basis and a yield of 1.68%. The ex-dividend date is Wednesday, February 12th.

Sensata Technologies has a dividend payout ratio of 13.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Sensata Technologies to earn $3.30 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 14.5%.

Sensata Technologies Trading Down 1.5 %

Shares of ST opened at $28.65 on Friday. The stock has a 50-day simple moving average of $29.39 and a 200-day simple moving average of $33.85. The company has a current ratio of 2.60, a quick ratio of 1.76 and a debt-to-equity ratio of 1.08. Sensata Technologies has a 1 year low of $26.65 and a 1 year high of $43.14.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Monday, November 4th. The scientific and technical instruments company reported $0.86 EPS for the quarter, hitting the consensus estimate of $0.86. The company had revenue of $982.80 million during the quarter, compared to analysts’ expectations of $983.93 million. Sensata Technologies had a negative net margin of 1.98% and a positive return on equity of 17.68%. The firm’s revenue was down 1.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.91 EPS. As a group, equities analysts forecast that Sensata Technologies will post 3.44 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Stifel Nicolaus lowered their price objective on Sensata Technologies from $43.00 to $38.00 and set a “hold” rating for the company in a research report on Tuesday, November 5th. Robert W. Baird cut their price objective on shares of Sensata Technologies from $40.00 to $36.00 and set a “neutral” rating on the stock in a report on Tuesday, November 5th. TD Cowen dropped their target price on shares of Sensata Technologies from $50.00 to $45.00 and set a “buy” rating on the stock in a research report on Wednesday, November 6th. JPMorgan Chase & Co. reduced their price target on shares of Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating for the company in a research report on Tuesday, November 5th. Finally, Evercore ISI cut their target price on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, January 17th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the stock. According to MarketBeat, Sensata Technologies has an average rating of “Hold” and a consensus price target of $39.58.

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.