Sensata Technologies Holding N.V. Plans Quarterly Dividend of $0.12 (NYSE:ST)

Sensata Technologies Holding N.V. (NYSE:ST) declared a quarterly dividend on Wednesday, January 28th. Investors of record on Wednesday, February 11th will be given a dividend of 0.12 per share by the scientific and technical instruments company on Wednesday, February 25th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, February 11th.

Sensata Technologies has a payout ratio of 13.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Sensata Technologies to earn $3.49 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 13.8%.

Sensata Technologies Price Performance

Sensata Technologies stock traded down $0.05 during midday trading on Thursday, reaching $34.32. The company had a trading volume of 276,615 shares, compared to its average volume of 1,244,532. The company has a debt-to-equity ratio of 1.18, a current ratio of 2.91 and a quick ratio of 2.10. The firm’s fifty day simple moving average is $33.83 and its 200-day simple moving average is $32.24. The company has a market capitalization of $5.00 billion, a P/E ratio of -171.74, a P/E/G ratio of 1.33 and a beta of 1.15. Sensata Technologies has a 12-month low of $17.32 and a 12-month high of $36.25.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Tuesday, October 28th. The scientific and technical instruments company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.85 by $0.04. Sensata Technologies had a negative net margin of 0.71% and a positive return on equity of 17.22%. The firm had revenue of $931.98 million during the quarter, compared to analysts’ expectations of $918.83 million. During the same period last year, the business earned $0.86 earnings per share. Sensata Technologies’s revenue was down 5.2% compared to the same quarter last year. As a group, equities analysts anticipate that Sensata Technologies will post 3.21 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on ST shares. Evercore ISI set a $32.00 target price on Sensata Technologies in a research report on Wednesday, October 29th. Wells Fargo & Company lifted their target price on shares of Sensata Technologies from $34.00 to $37.00 and gave the company an “equal weight” rating in a report on Monday, January 12th. Weiss Ratings restated a “sell (d)” rating on shares of Sensata Technologies in a research note on Monday, December 29th. Barclays dropped their price objective on shares of Sensata Technologies from $43.00 to $40.00 and set an “overweight” rating on the stock in a report on Monday, January 12th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $43.00 price objective on shares of Sensata Technologies in a research note on Wednesday, December 17th. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Sensata Technologies presently has an average rating of “Hold” and a consensus price target of $36.10.

Sensata Technologies Company Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.