Sensata Technologies (NYSE:ST) was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report released on Monday, The Fly reports.

Several other equities analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of Sensata Technologies from a “hold” rating to a “sell” rating in a research note on Thursday, April 11th. Jefferies Financial Group raised their price target on shares of Sensata Technologies from $59.00 to $62.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. ValuEngine raised shares of Sensata Technologies from a “sell” rating to a “hold” rating in a research note on Thursday. SunTrust Banks raised their price target on shares of Sensata Technologies to $54.00 and gave the stock a “hold” rating in a research note on Thursday, February 7th. Finally, Barclays set a $51.00 price target on shares of Sensata Technologies and gave the stock a “buy” rating in a research note on Friday, January 4th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $55.00.

Shares of NYSE:ST opened at $51.25 on Monday. The company has a market capitalization of $8.78 billion, a P/E ratio of 14.04, a PEG ratio of 1.10 and a beta of 1.29. The company has a debt-to-equity ratio of 1.25, a quick ratio of 2.23 and a current ratio of 3.00. Sensata Technologies has a fifty-two week low of $40.78 and a fifty-two week high of $56.28.

Sensata Technologies (NYSE:ST) last posted its earnings results on Wednesday, February 6th. The scientific and technical instruments company reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.04). Sensata Technologies had a return on equity of 24.94% and a net margin of 17.01%. The business had revenue of $847.90 million for the quarter, compared to the consensus estimate of $866.27 million. During the same period in the previous year, the company posted $0.87 earnings per share. Sensata Technologies’s revenue for the quarter was up .9% compared to the same quarter last year. On average, analysts forecast that Sensata Technologies will post 3.98 EPS for the current fiscal year.

In related news, insider Jeffrey J. Cote sold 5,000 shares of the firm’s stock in a transaction on Wednesday, February 20th. The shares were sold at an average price of $50.00, for a total value of $250,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Martha N. Sullivan sold 50,000 shares of the firm’s stock in a transaction on Monday, February 11th. The shares were sold at an average price of $46.65, for a total transaction of $2,332,500.00. The disclosure for this sale can be found here. Insiders have sold a total of 215,000 shares of company stock valued at $10,548,600 over the last ninety days. Company insiders own 2.00% of the company’s stock.

A number of institutional investors have recently made changes to their positions in ST. Renaissance Technologies LLC lifted its stake in shares of Sensata Technologies by 13.0% in the third quarter. Renaissance Technologies LLC now owns 372,500 shares of the scientific and technical instruments company’s stock worth $18,457,000 after acquiring an additional 42,800 shares during the period. LPL Financial LLC lifted its stake in Sensata Technologies by 14.5% in the third quarter. LPL Financial LLC now owns 22,515 shares of the scientific and technical instruments company’s stock valued at $1,116,000 after buying an additional 2,856 shares during the period. Jane Street Group LLC lifted its stake in Sensata Technologies by 188.6% in the third quarter. Jane Street Group LLC now owns 35,251 shares of the scientific and technical instruments company’s stock valued at $1,747,000 after buying an additional 23,037 shares during the period. Man Group plc lifted its stake in Sensata Technologies by 327.8% in the third quarter. Man Group plc now owns 60,828 shares of the scientific and technical instruments company’s stock valued at $3,014,000 after buying an additional 46,610 shares during the period. Finally, Advisors Asset Management Inc. lifted its stake in Sensata Technologies by 15.5% in the third quarter. Advisors Asset Management Inc. now owns 11,832 shares of the scientific and technical instruments company’s stock valued at $586,000 after buying an additional 1,591 shares during the period. 94.24% of the stock is owned by institutional investors and hedge funds.

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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The Fly

Analyst Recommendations for Sensata Technologies (NYSE:ST)

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