Sensata Technologies (NYSE:ST) received a $60.00 price target from J P Morgan Chase & Co in a report released on Wednesday. The brokerage currently has a “buy” rating on the scientific and technical instruments company’s stock. J P Morgan Chase & Co’s price target indicates a potential upside of 15.01% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Morgan Stanley increased their price target on shares of Sensata Technologies from $48.00 to $50.00 and gave the company an “equal weight” rating in a report on Wednesday. Oppenheimer reissued a “buy” rating and issued a $62.00 price target (up from $57.00) on shares of Sensata Technologies in a report on Wednesday. BMO Capital Markets increased their price target on shares of Sensata Technologies from $45.00 to $47.00 and gave the company a “market perform” rating in a report on Wednesday. Stifel Nicolaus increased their price target on shares of Sensata Technologies from $55.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday. Finally, Royal Bank of Canada reissued a “buy” rating and issued a $55.00 price target on shares of Sensata Technologies in a report on Wednesday. Seven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $54.42.

Shares of Sensata Technologies (NYSE:ST) opened at $52.17 on Wednesday. The company has a quick ratio of 2.04, a current ratio of 2.76 and a debt-to-equity ratio of 1.49. The stock has a market cap of $8,849.17, a PE ratio of 16.72, a PEG ratio of 1.62 and a beta of 1.46. Sensata Technologies has a fifty-two week low of $38.71 and a fifty-two week high of $53.30.

Sensata Technologies (NYSE:ST) last issued its earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.01. The company had revenue of $819.10 million for the quarter, compared to analysts’ expectations of $803.14 million. Sensata Technologies had a net margin of 9.39% and a return on equity of 25.75%. Sensata Technologies’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.74 EPS. analysts predict that Sensata Technologies will post 3.17 earnings per share for the current year.

In other Sensata Technologies news, Director Paul B. Edgerley bought 200,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were purchased at an average price of $47.47 per share, for a total transaction of $9,494,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Steven Beringhause sold 7,588 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $51.18, for a total transaction of $388,353.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 87,588 shares of company stock worth $4,258,599. Company insiders own 1.00% of the company’s stock.

Several large investors have recently made changes to their positions in ST. Skba Capital Management LLC acquired a new position in shares of Sensata Technologies during the 3rd quarter worth approximately $201,000. Tredje AP fonden grew its position in shares of Sensata Technologies by 174.7% during the 2nd quarter. Tredje AP fonden now owns 4,780 shares of the scientific and technical instruments company’s stock worth $204,000 after purchasing an additional 3,040 shares in the last quarter. Aberdeen Asset Management PLC UK acquired a new position in shares of Sensata Technologies during the 2nd quarter worth approximately $206,000. Cambridge Investment Research Advisors Inc. acquired a new position in shares of Sensata Technologies during the 2nd quarter worth approximately $216,000. Finally, QCM Cayman Ltd. grew its position in shares of Sensata Technologies by 1.4% during the 2nd quarter. QCM Cayman Ltd. now owns 5,210 shares of the scientific and technical instruments company’s stock worth $223,000 after purchasing an additional 74 shares in the last quarter.

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About Sensata Technologies

Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.

Analyst Recommendations for Sensata Technologies (NYSE:ST)

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