UBS Group Lowers Sensata Technologies (NYSE:ST) Price Target to $30.00

Sensata Technologies (NYSE:ST) had its price objective decreased by analysts at UBS Group from $37.00 to $30.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the scientific and technical instruments company’s stock. UBS Group’s price target indicates a potential upside of 53.63% from the stock’s previous close.

ST has been the topic of several other reports. Oppenheimer reduced their target price on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a report on Thursday, February 13th. The Goldman Sachs Group raised shares of Sensata Technologies from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $31.00 to $27.00 in a research note on Thursday. Finally, Evercore ISI downgraded shares of Sensata Technologies from an “outperform” rating to an “inline” rating and lowered their target price for the stock from $40.00 to $27.00 in a research note on Thursday, April 3rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Sensata Technologies presently has a consensus rating of “Hold” and an average price target of $36.73.

Sensata Technologies Price Performance

ST stock opened at $19.53 on Thursday. The company has a market capitalization of $2.92 billion, a P/E ratio of 23.25, a PEG ratio of 1.25 and a beta of 1.12. The company has a fifty day moving average price of $26.06 and a 200-day moving average price of $29.49. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85. Sensata Technologies has a 52-week low of $17.32 and a 52-week high of $43.14.

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

Hedge Funds Weigh In On Sensata Technologies

Several institutional investors have recently made changes to their positions in ST. Blue Trust Inc. increased its position in Sensata Technologies by 738.7% in the 4th quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock valued at $26,000 after buying an additional 820 shares in the last quarter. Brown Brothers Harriman & Co. acquired a new stake in Sensata Technologies in the fourth quarter valued at approximately $27,000. Parallel Advisors LLC increased its holdings in shares of Sensata Technologies by 278.8% during the first quarter. Parallel Advisors LLC now owns 1,519 shares of the scientific and technical instruments company’s stock valued at $37,000 after acquiring an additional 1,118 shares in the last quarter. Venturi Wealth Management LLC raised its position in shares of Sensata Technologies by 67.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock worth $56,000 after purchasing an additional 817 shares during the period. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Sensata Technologies by 48.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock worth $69,000 after purchasing an additional 820 shares in the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

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.