Sensata Technologies Holding plc (NYSE:ST) Receives $38.00 Consensus Price Target from Analysts

Sensata Technologies Holding plc (NYSE:ST) has been given a consensus recommendation of “Hold” by the eleven brokerages that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $37.82.

A number of equities research analysts recently commented on the company. The Goldman Sachs Group decreased their price objective on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. UBS Group lowered their target price on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, February 12th. Evercore ISI lowered shares of Sensata Technologies from an “outperform” rating to an “inline” rating and cut their price objective for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. Finally, Oppenheimer decreased their price target on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a research note on Thursday, February 13th.

Sensata Technologies Stock Performance

NYSE ST opened at $17.68 on Friday. The company’s fifty day moving average is $26.56 and its two-hundred day moving average is $29.88. The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 21.05, a P/E/G ratio of 1.25 and a beta of 1.12. Sensata Technologies has a 52-week low of $17.41 and a 52-week high of $43.14.

Sensata Technologies (NYSE:ST) last posted its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, hitting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. Equities research analysts forecast that Sensata Technologies will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were given a dividend of $0.12 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $0.48 dividend on an annualized basis and a yield of 2.72%. Sensata Technologies’s dividend payout ratio is currently 57.14%.

Institutional Trading of Sensata Technologies

Several hedge funds and other institutional investors have recently made changes to their positions in ST. Tidal Investments LLC lifted its position in shares of Sensata Technologies by 1.1% during the 3rd quarter. Tidal Investments LLC now owns 29,346 shares of the scientific and technical instruments company’s stock valued at $1,052,000 after acquiring an additional 314 shares during the period. Franklin Resources Inc. raised its stake in Sensata Technologies by 3.7% during the 3rd quarter. Franklin Resources Inc. now owns 11,442 shares of the scientific and technical instruments company’s stock worth $418,000 after buying an additional 403 shares during the period. Arizona State Retirement System increased its holdings in shares of Sensata Technologies by 0.9% during the fourth quarter. Arizona State Retirement System now owns 43,810 shares of the scientific and technical instruments company’s stock valued at $1,200,000 after acquiring an additional 405 shares in the last quarter. Treasurer of the State of North Carolina raised its position in shares of Sensata Technologies by 0.6% during the fourth quarter. Treasurer of the State of North Carolina now owns 65,706 shares of the scientific and technical instruments company’s stock worth $1,800,000 after purchasing an additional 420 shares during the period. Finally, Cullen Capital Management LLC increased its stake in Sensata Technologies by 1.9% during the 4th quarter. Cullen Capital Management LLC now owns 31,111 shares of the scientific and technical instruments company’s stock valued at $852,000 after purchasing an additional 590 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors.

Sensata Technologies Company Profile

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.