Sensata Technologies Holding plc (NYSE:ST – Get Free Report) announced a quarterly dividend on Wednesday, April 24th, Zacks reports. Stockholders of record on Wednesday, May 8th will be given a dividend of 0.12 per share by the scientific and technical instruments company on Wednesday, May 22nd. This represents a $0.48 annualized dividend and a dividend yield of 1.39%. The ex-dividend date is Tuesday, May 7th.
Sensata Technologies has a payout ratio of 11.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Sensata Technologies to earn $4.18 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 11.5%.
Sensata Technologies Stock Performance
NYSE ST opened at $34.42 on Thursday. Sensata Technologies has a 1 year low of $30.56 and a 1 year high of $47.41. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.55 and a quick ratio of 1.69. The firm has a market cap of $5.18 billion, a price-to-earnings ratio of -688.26, a PEG ratio of 0.83 and a beta of 1.37. The company has a fifty day moving average price of $35.02 and a 200-day moving average price of $34.73.
Wall Street Analyst Weigh In
ST has been the topic of several recent research reports. Oppenheimer raised shares of Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 price objective on the stock in a report on Tuesday, January 30th. Jefferies Financial Group initiated coverage on shares of Sensata Technologies in a report on Tuesday, April 9th. They set a “hold” rating and a $40.00 price objective on the stock. Stifel Nicolaus dropped their price objective on shares of Sensata Technologies from $40.00 to $36.00 and set a “hold” rating on the stock in a report on Wednesday, February 7th. Truist Financial dropped their price objective on shares of Sensata Technologies from $39.00 to $36.00 and set a “hold” rating on the stock in a report on Wednesday, February 7th. Finally, JPMorgan Chase & Co. downgraded shares of Sensata Technologies from a “neutral” rating to an “underweight” rating and lowered their price target for the stock from $37.00 to $34.00 in a report on Monday, January 8th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $39.25.
Get Our Latest Stock Analysis on ST
About Sensata Technologies
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.
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