Sensata Technologies Holding PLC (ST) Receives $52.75 Average Price Target from Brokerages

Sensata Technologies Holding PLC (NYSE:ST) has received a consensus rating of “Hold” from the twelve research firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, six have given a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $52.44.

Several analysts have commented on the company. ValuEngine upgraded Sensata Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, April 18th. Evercore ISI assumed coverage on Sensata Technologies in a research note on Wednesday. They set an “in-line” rating and a $50.00 target price on the stock. Zacks Investment Research downgraded Sensata Technologies from a “hold” rating to a “sell” rating in a research note on Thursday, April 18th. JPMorgan Chase & Co. downgraded Sensata Technologies from an “overweight” rating to a “neutral” rating and cut their target price for the company from $60.00 to $57.00 in a research note on Monday, April 22nd. Finally, Jefferies Financial Group increased their target price on Sensata Technologies from $59.00 to $62.00 and gave the company a “buy” rating in a research note on Monday, March 18th.

In other news, CEO Martha N. Sullivan sold 50,000 shares of the stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $49.50, for a total transaction of $2,475,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.00% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Marshall Wace North America L.P. bought a new position in Sensata Technologies in the 1st quarter worth $77,000. Clearbridge Investments LLC raised its holdings in Sensata Technologies by 1.6% in the 1st quarter. Clearbridge Investments LLC now owns 1,189,191 shares of the scientific and technical instruments company’s stock worth $53,537,000 after purchasing an additional 18,389 shares during the period. Nordea Investment Management AB raised its holdings in Sensata Technologies by 38.1% in the 1st quarter. Nordea Investment Management AB now owns 14,057 shares of the scientific and technical instruments company’s stock worth $632,000 after purchasing an additional 3,879 shares during the period. EP Wealth Advisors LLC bought a new position in Sensata Technologies in the 1st quarter worth $477,000. Finally, FMR LLC raised its holdings in Sensata Technologies by 5.5% in the 1st quarter. FMR LLC now owns 6,323,952 shares of the scientific and technical instruments company’s stock worth $284,704,000 after purchasing an additional 331,366 shares during the period. 95.01% of the stock is currently owned by hedge funds and other institutional investors.

Shares of ST opened at $45.35 on Monday. The company has a current ratio of 2.96, a quick ratio of 2.20 and a debt-to-equity ratio of 1.27. Sensata Technologies has a 12 month low of $40.78 and a 12 month high of $56.28. The firm has a market cap of $7.33 billion, a price-to-earnings ratio of 12.42, a price-to-earnings-growth ratio of 0.98 and a beta of 1.38.

Sensata Technologies (NYSE:ST) last issued its earnings results on Wednesday, May 1st. The scientific and technical instruments company reported $0.85 EPS for the quarter, meeting the consensus estimate of $0.85. Sensata Technologies had a return on equity of 24.35% and a net margin of 16.93%. The business had revenue of $870.50 million for the quarter, compared to the consensus estimate of $852.77 million. During the same period last year, the business posted $0.85 EPS. The company’s revenue was down 1.8% compared to the same quarter last year. On average, equities research analysts expect that Sensata Technologies will post 3.94 earnings per share for the current year.

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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Analyst Recommendations for Sensata Technologies (NYSE:ST)

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