The stock of Sensata Technologies Holding plc (NYSE:ST) last traded at $41.83, down -1.69% from the previous session.
Data from the available sources indicates that Sensata Technologies Holding plc (NYSE:ST) is covered by 16 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $74.00 and a low of $48.00, we find $51.00. Given the previous closing price of $42.55, this indicates a potential upside of 19.86 percent. ST stock price is now -4.36% away from the 50-day moving average and -6.51% away from the 200-day moving average. The market capitalization of the company currently stands at $6.38B.
In total, 9 analysts have assigned it a hold rating, and 5 have given it a buy rating. Brokers who have rated the stock have averaged $53.42 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).
In other news, ZIDE STEPHEN M, Director sold 10,108 shares of the company’s stock on May 18. The stock was sold for $415,271 at an average price of $41.08. Upon completion of the transaction, the Director now directly owns 26,368 shares in the company, valued at $1.1 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 15, Director Sullivan Martha N. sold 11,700 shares of the business’s stock. A total of $482,850 was realized by selling the stock at an average price of $41.27. This leaves the insider owning 201,268 shares of the company worth $8.42 million. Insiders disposed of 423,653 shares of company stock worth roughly $17.72 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 MACKENZIE FINANCIAL CORP during the first quarter worth $39,144,000. MAPLE ROCK CAPITAL PARTNERS INC. invested $8,931,000 in shares of ST during the first quarter. In the first quarter, GREENLAND CAPITAL MANAGEMENT LP acquired a new stake in Sensata Technologies Holding plc valued at approximately $4,066,000. LOS ANGELES CAPITAL MANAGEMENT LLC acquired a new stake in ST for approximately $3,458,000. GLOBEFLEX CAPITAL L P purchased a new stake in ST valued at around $2,362,000 in the second quarter. In total, there are 602 active investors with 100.77% ownership of the company’s stock.
With an opening price of $42.25 on Wednesday morning, Sensata Technologies Holding plc (NYSE: ST) set off the trading day. During the past 12 months, Sensata Technologies Holding plc has had a low of $36.64 and a high of $54.34. As of last week, the company has a debt-to-equity ratio of 1.25, a current ratio of 2.40, and a quick ratio of 1.80. According to the stock market information, the enterprise value for the company is $9.44B, which is based on a 17.21 price-to-earnings ratio, a 1.72 price-to-earnings-growth ratio, and a beta of 1.30. The fifty day moving average price for ST is $43.77 and a two-hundred day moving average price translates $44.75 for the stock.
The latest earnings results from Sensata Technologies Holding plc (NYSE: ST) was released for Jun, 2023. According to the Scientific & Technical Instruments Company, earnings per share came in at $0.97, beating analysts’ expectations of $0.94 by 0.03. This compares to $0.14 EPS in the same period last year. The net profit margin was 9.20% and return on equity was 12.10% for ST. The company reported revenue of $998.17 million for the quarter, compared to $975.77 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.3 percent. For the current quarter, analysts expect ST to generate $1.02B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 08/23/2023. Investors who held shares on 08/09/2023 were paid a $0.12 dividend. On an annualized basis, this represents a $0.48 dividend and a 1.15% percent yield. There was an ex-dividend date of 08/08/2023 for this dividend. In terms of dividend payout ratio, ST is presently at 18.00%.
Sensata Technologies Holding plc(ST) 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. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures sensors, high-voltage solutions, and other solutions used in mission-critical systems and applications, such as tire pressure monitoring, thermal management, electrical protection, regenerative braking, powertrain (engine/transmission), exhaust management, and operator controls for automobiles, on-road trucks, and off-road equipment customers. This segment also provides hardware and services for fleet transportation and logistics customers, and end users. 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, temperature, 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 power conversion systems. The company operates in the United States, China, the Netherlands, Korea, the United Kingdom, and internationally. The company was founded in 1916 and is headquartered in Attleboro, Massachusetts.
