In yesterday’s Wall Street session, Sensata Technologies Holding Plc (NYSE:ST) shares traded at $42.55, up 1.33% from the previous session.
ST stock price is now 19.09% away from the 50-day moving average and 18.34% away from the 200-day moving average. The market capitalization of the company currently stands at $6.41B.
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With the price target enhanced from $44 to $60, Evercore ISI Upgraded its rating from In-line to Outperform for Sensata Technologies Holding Plc (NYSE: ST). On April 09, 2024, Jefferies recently initiated its ‘Hold’ rating on the stock quoting a target price of $40, while ‘Goldman’ rates the stock as ‘Neutral’
In other news, Mirshekari Ali John, Director bought 195,173 shares of the company’s stock on May 03 ’24. The stock was bought for $7,771,242 at an average price of $39.82. Upon completion of the transaction, the Director now directly owns 268,310 shares in the company, valued at $11.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 02 ’24, Director Mirshekari Ali John bought 73,137 shares of the business’s stock. A total of $2,865,025 was incurred on buying the stock at an average price of $39.17. This leaves the insider owning 73,137 shares of the company worth $3.11 million. A total of 0.97% of the company’s stock is owned by insiders.
During the past 12 months, Sensata Technologies Holding Plc has had a low of $30.56 and a high of $47.41. As of last week, the company has a debt-to-equity ratio of 1.14, a current ratio of 2.64, and a quick ratio of 1.74.
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 $0.56 EPS in the same period last year. The net profit margin was -0.35% and return on equity was -0.46% for ST. The company reported revenue of $1.01 billion for the quarter, compared to $998.17 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.85 percent. For the current quarter, analysts expect ST to generate $1.04B in revenue.
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 in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment offers pressure, temperature, and position 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 for engine/transmission, and exhaust management for automobiles, on-road trucks, and off-road equipment customers. The Sensing Solutions segment provides application-specific sensor and electrical protection products, such as 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. It serves automotive, on-road truck, construction, and original equipment manufacturers in agriculture, control, appliance, medical, energy and charging infrastructure, data/telecom, and aerospace and defense industries, as well as systems integrators, aerospace, and motor and compressor distributors. Sensata Technologies Holding plc was founded in 1916 and is headquartered in Attleboro, Massachusetts.
