Stocks of Sensata Technologies Holding plc (NYSE:ST) traded higher last session on Wall Street, down -1.12% to $51.07.
According to the data, Sensata Technologies Holding plc (NYSE:ST) has 17 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $67.00 and a low of $49.00, we find $55.00. Given the previous closing price of $51.65, this indicates a potential upside of 6.49 percent. ST stock price is now 8.35% away from the 50-day moving average and 16.90% away from the 200-day moving average. The market capitalization of the company currently stands at $7.72B.
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A total of 10 analysts have issued a hold rating and 5 have given it a buy rating. Brokers who have rated the stock have averaged $57.15 as their price target over the next twelve months.
With the price target maintained at $55, Stifel recently Downgraded its rating from Buy to Hold for Sensata Technologies Holding plc (NYSE: ST). , while ‘Jefferies’ rates the stock as ‘Buy’.
In other news, COTE JEFFREY J, CEO and President sold 41,816 shares of the company’s stock on Jan 12. The stock was sold for $1,881,720 at an average price of $45.00. Upon completion of the transaction, the CEO and President now directly owns 141,024 shares in the company, valued at $7.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 15, VP, Chief Accounting Officer Freve Maria G sold 867 shares of the business’s stock. A total of $36,132 was realized by selling the stock at an average price of $41.67. This leaves the insider owning 6,729 shares of the company worth $0.34 million. Insiders disposed of 300,645 shares of company stock worth roughly $15.35 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ST stock. A new stake in Sensata Technologies Holding plc shares was purchased by LOMBARD ODIER ASSET MANAGEMENT (EUROPE) LTD during the first quarter worth $22,843,000. ALYESKA INVESTMENT GROUP, L.P. invested $19,227,000 in shares of ST during the first quarter. In the first quarter, TWINBEECH CAPITAL LP acquired a new stake in Sensata Technologies Holding plc valued at approximately $17,074,000. QUBE RESEARCH & TECHNOLOGIES LTD acquired a new stake in ST for approximately $16,107,000. HRT FINANCIAL LP purchased a new stake in ST valued at around $13,721,000 in the second quarter. In total, there are 565 active investors with 99.72% ownership of the company’s stock.
Monday’s opening bell rang with an opening price of $51.81 for Sensata Technologies Holding plc (NYSE: ST). During the past 12 months, Sensata Technologies Holding plc has had a low of $36.64 and a high of $57.12. As of last week, the company has a debt-to-equity ratio of 1.36, a current ratio of 2.40, and a quick ratio of 1.80. The fifty day moving average price for ST is $47.13 and a two-hundred day moving average price translates $43.69 for the stock.
The latest earnings results from Sensata Technologies Holding plc (NYSE: ST) was released for Dec, 2022. According to the Scientific & Technical Instruments Company, earnings per share came in at $0.96, beating analysts’ expectations of $0.87 by 0.09. This compares to $0.70 EPS in the same period last year. The net profit margin was 7.70% and return on equity was 10.10% for ST. The company reported revenue of $1.01 billion for the quarter, compared to $934.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.57 percent. For the current quarter, analysts expect ST to generate $980.83M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 02/22/2023. Investors who held shares on 02/08/2023 were paid a $0.11 dividend. On an annualized basis, this represents a $0.44 dividend and a 0.86% percent yield. There was an ex-dividend date of 02/07/2023 for this dividend. In terms of dividend payout ratio, ST is presently at 16.40%.
Sensata Technologies Holding plc(ST) Company Profile
Sensata Technologies Holding plc develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products in the Americas, Europe, Asia, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures sensors, high-voltage contactors, and other solutions used in mission-critical systems and applications, such as tire pressure monitoring, thermal management, electrical protection, regenerative braking, powertrain (engine/transmission), and exhaust management. This segment serves customers in the automotive, and heavy vehicle and off-road industries. The Sensing Solutions segment develops and manufactures application-specific sensor and electrical protection products primarily serving the industrial and aerospace markets. Its products include pressure and position sensors, motor and compressor protectors, high-voltage contactors, solid state relays, bimetal electromechanical controls, power inverters, charge controllers, battery management systems, operator controls, and Internet of Things solutions. The company was founded in 1916 and is headquartered in Attleboro, Massachusetts.
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