Sensata Technologies (NYSE:ST)‘s stock had its “hold” rating reissued by stock analysts at SunTrust Banks in a report issued on Friday. They presently have a $54.00 price target on the scientific and technical instruments company’s stock. SunTrust Banks’ target price suggests a potential upside of 3.01% from the stock’s current price. SunTrust Banks also issued estimates for Sensata Technologies’ Q1 2018 earnings at $0.87 EPS, Q2 2018 earnings at $0.93 EPS, Q3 2018 earnings at $0.90 EPS, Q4 2018 earnings at $0.88 EPS and FY2018 earnings at $3.58 EPS.

Other equities research analysts also recently issued reports about the stock. Zacks Investment Research raised shares of Sensata Technologies from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a report on Tuesday, September 26th. Oppenheimer reissued a “buy” rating on shares of Sensata Technologies in a report on Tuesday, October 24th. Stifel Nicolaus reissued a “buy” rating and issued a $55.00 price target on shares of Sensata Technologies in a report on Thursday, October 26th. 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. Finally, J P Morgan Chase & Co set a $60.00 price target on shares of Sensata Technologies and gave the stock a “buy” rating in a report on Wednesday. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $54.50.

Shares of Sensata Technologies (ST) opened at $52.42 on Friday. Sensata Technologies has a fifty-two week low of $38.71 and a fifty-two week high of $53.30. The stock has a market cap of $8,979.34, a PE ratio of 16.96, a PEG ratio of 1.65 and a beta of 1.46. The company has a debt-to-equity ratio of 1.49, a current ratio of 2.76 and a quick ratio of 2.04.

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

In related news, EVP Jeffrey J. Cote sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $48.38, for a total value of $1,935,200.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Steven Beringhause sold 7,588 shares of the company’s 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. Over the last 90 days, insiders sold 87,588 shares of company stock worth $4,258,599. 1.00% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. QCM Cayman Ltd. grew its position in Sensata Technologies by 1.4% during the second quarter. QCM Cayman Ltd. now owns 5,210 shares of the scientific and technical instruments company’s stock valued at $223,000 after acquiring an additional 74 shares during the last quarter. Financial Counselors Inc. grew its position in Sensata Technologies by 11.4% during the second quarter. Financial Counselors Inc. now owns 9,113 shares of the scientific and technical instruments company’s stock valued at $389,000 after acquiring an additional 931 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its position in Sensata Technologies by 5.7% during the third quarter. Nomura Asset Management Co. Ltd. now owns 20,510 shares of the scientific and technical instruments company’s stock valued at $986,000 after acquiring an additional 1,100 shares during the last quarter. Millie Capital Management LLC grew its position in Sensata Technologies by 2.1% during the second quarter. Millie Capital Management LLC now owns 61,695 shares of the scientific and technical instruments company’s stock valued at $2,636,000 after acquiring an additional 1,294 shares during the last quarter. Finally, Aperio Group LLC grew its position in Sensata Technologies by 7.6% during the third quarter. Aperio Group LLC now owns 19,191 shares of the scientific and technical instruments company’s stock valued at $923,000 after acquiring an additional 1,358 shares during the last quarter.

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Sensata Technologies Company Profile

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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