Sensata Technologies Holding N.V. (NYSE:ST) Stock Has Average Target Price of $50.33

Sensata Technologies Holding N.V. (NYSE:ST) has been given a consensus recommendation of “Hold” by the ten ratings firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is $50.33.

A number of equities analysts recently weighed in on ST shares. Wall Street Zen cut Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research note on Sunday, September 20th. Weiss Ratings restated a “hold (c-)” rating on shares of Sensata Technologies in a report on Wednesday. Oppenheimer upped their price objective on shares of Sensata Technologies from $55.00 to $58.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Bank of America upped their price objective on shares of Sensata Technologies from $46.00 to $48.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Finally, Truist Financial decreased their target price on shares of Sensata Technologies from $58.00 to $57.00 and set a “buy” rating for the company in a report on Wednesday.

Sensata Technologies Stock Performance

ST opened at $40.22 on Friday. The company has a quick ratio of 1.58, a current ratio of 2.39 and a debt-to-equity ratio of 0.79. The firm has a market cap of $5.85 billion, a PE ratio of 16.09, a P/E/G ratio of 1.21 and a beta of 1.25. The business has a fifty day simple moving average of $41.89 and a 200-day simple moving average of $41.85. Sensata Technologies has a fifty-two week low of $28.16 and a fifty-two week high of $53.89.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, October 27th. The scientific and technical instruments company reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.17. Sensata Technologies had a return on equity of 19.38% and a net margin of 9.52%. The company had revenue of $1 billion for the quarter, compared to analyst estimates of $972.97 million. During the same period in the previous year, the firm earned $0.89 earnings per share. Sensata Technologies’s revenue for the quarter was up 7.7% compared to the same quarter last year. As a group, equities analysts predict that Sensata Technologies will post 3.83 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Wednesday, November 11th will be issued a dividend of $0.12 per share. The ex-dividend date is Tuesday, November 10th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.2%. Sensata Technologies’s payout ratio is currently 80.00%.

Institutional Investors Weigh In On Sensata Technologies

Several hedge funds have recently made changes to their positions in the company. Elevation Wealth Partners LLC grew its position in Sensata Technologies by 272.3% during the 2nd quarter. Elevation Wealth Partners LLC now owns 901 shares of the scientific and technical instruments company’s stock worth $43,000 after purchasing an additional 659 shares in the last quarter. Root Financial Partners LLC raised its stake in Sensata Technologies by 62.5% during the 1st quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock valued at $32,000 after purchasing an additional 351 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Sensata Technologies by 90.5% in the first quarter. Parallel Advisors LLC now owns 2,042 shares of the scientific and technical instruments company’s stock valued at $72,000 after purchasing an additional 970 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Sensata Technologies by 48.2% in the first quarter. EverSource Wealth Advisors LLC now owns 2,187 shares of the scientific and technical instruments company’s stock valued at $77,000 after purchasing an additional 711 shares in the last quarter. Finally, Signaturefd LLC lifted its holdings in shares of Sensata Technologies by 124.1% in the third quarter. Signaturefd LLC now owns 2,302 shares of the scientific and technical instruments company’s stock valued at $96,000 after purchasing an additional 1,275 shares in the last quarter. Hedge funds and other institutional investors own 99.42% of the company’s stock.

Sensata Technologies Company Profile

Sensata Technologies Holding plc (NYSE: ST) is a global developer and manufacturer of sensing, control and protection solutions. The company supplies components that help monitor conditions, improve safety and efficiency, and support automated decision-making in vehicles, industrial equipment and other systems.

Its products include pressure, temperature, position, speed, force, current and fluid-level sensors, along with circuit breakers, controls and other protection devices. Sensata’s technologies are used in applications such as automotive systems, heavy-duty vehicles, industrial machinery, heating and air-conditioning equipment, aerospace and defense, energy infrastructure, and data centers.

Sensata serves original equipment manufacturers and other industrial customers across North America, Europe, Asia and additional international markets.