Sensata Technologies Holding N.V. (NYSE:ST) Stock Has Average Target Price of $50.33 According to Analysts

Sensata Technologies Holding N.V. (NYSE:ST) has received an average recommendation of “Hold” from the ten analysts that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $50.33.

ST has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Sensata Technologies in a report on Wednesday, October 28th. Barclays increased their target price on Sensata Technologies from $55.00 to $56.00 and gave the stock an “overweight” rating in a report on Thursday, October 29th. Oppenheimer upped their target price on shares of Sensata Technologies from $55.00 to $58.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Wall Street Zen downgraded Sensata Technologies from a “strong-buy” rating to a “buy” rating in a research report on Sunday, September 20th. Finally, Truist Financial dropped their price target on Sensata Technologies from $58.00 to $57.00 and set a “buy” rating for the company in a research note on Wednesday, October 28th.

Sensata Technologies Stock Up 2.2%

Shares of Sensata Technologies stock opened at $39.37 on Friday. The stock has a market capitalization of $5.73 billion, a price-to-earnings ratio of 10.68, a P/E/G ratio of 1.21 and a beta of 1.28. The company’s 50 day moving average price is $41.69 and its 200-day moving average price is $41.99. Sensata Technologies has a 52-week low of $28.16 and a 52-week high of $53.89. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.70 and a current ratio of 2.39.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Tuesday, October 27th. The scientific and technical instruments company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.17. Sensata Technologies had a net margin of 9.52% and a return on equity of 19.38%. The business had revenue of $1 billion for the quarter, compared to the consensus estimate of $972.97 million. During the same quarter in the previous year, the firm earned $0.89 earnings per share. The company’s revenue for the quarter was up 7.7% on a year-over-year basis. Equities research analysts forecast that Sensata Technologies will post 3.83 EPS for the current year.

Sensata Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Wednesday, November 11th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.2%. Sensata Technologies’s payout ratio is presently 19.20%.

Institutional Investors Weigh In On Sensata Technologies

Institutional investors have recently modified their holdings of the business. Fifth Third Bancorp lifted its holdings in Sensata Technologies by 1.0% during the 1st quarter. Fifth Third Bancorp now owns 27,782 shares of the scientific and technical instruments company’s stock worth $978,000 after buying an additional 268 shares during the last quarter. Elevation Wealth Partners LLC raised its stake in Sensata Technologies by 32.3% during the third quarter. Elevation Wealth Partners LLC now owns 1,192 shares of the scientific and technical instruments company’s stock worth $50,000 after acquiring an additional 291 shares during the period. Assetmark Inc. raised its stake in shares of Sensata Technologies by 6.6% during the first quarter. Assetmark Inc. now owns 4,860 shares of the scientific and technical instruments company’s stock valued at $171,000 after purchasing an additional 303 shares in the last quarter. Van Den Berg Management I Inc. raised its holdings in shares of Sensata Technologies by 0.3% in the 1st quarter. Van Den Berg Management I Inc. now owns 128,294 shares of the scientific and technical instruments company’s stock worth $4,519,000 after purchasing an additional 329 shares in the last quarter. Finally, Root Financial Partners LLC raised its position in Sensata Technologies by 62.5% during the first quarter. Root Financial Partners LLC now owns 913 shares of the scientific and technical instruments company’s stock valued at $32,000 after buying an additional 351 shares during the period. 99.42% of the stock is currently owned by institutional investors and hedge funds.

About Sensata Technologies

Sensata Technologies Holding plc (NYSE: ST) is a global developer and manufacturer of sensing, control and protection solutions. The company supplies components that help monitor conditions, improve safety and efficiency, and support automated decision-making in vehicles, industrial equipment and other systems.

Its products include pressure, temperature, position, speed, force, current and fluid-level sensors, along with circuit breakers, controls and other protection devices. Sensata’s technologies are used in applications such as automotive systems, heavy-duty vehicles, industrial machinery, heating and air-conditioning equipment, aerospace and defense, energy infrastructure, and data centers.

Sensata serves original equipment manufacturers and other industrial customers across North America, Europe, Asia and additional international markets.