Sensata Technologies Holding N.V. (ST) to Issue Quarterly Dividend of $0.12 on February 25th

Sensata Technologies Holding N.V. (NYSE:ST) announced a quarterly dividend on Wednesday, January 28th. Stockholders 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) annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, February 11th.

Sensata Technologies has a dividend payout ratio of 13.7% meaning its dividend is sufficiently covered by earnings. 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 Stock Performance

Shares of NYSE ST opened at $34.87 on Friday. The stock’s fifty day simple moving average is $33.96 and its 200 day simple moving average is $32.26. The stock has a market capitalization of $5.08 billion, a price-to-earnings ratio of -174.33, a PEG ratio of 1.30 and a beta of 1.15. The company has a quick ratio of 2.10, a current ratio of 2.91 and a debt-to-equity ratio of 1.18. Sensata Technologies has a 52-week low of $17.32 and a 52-week high of $36.25.

Sensata Technologies (NYSE:ST) last released its quarterly earnings results on Tuesday, October 28th. The scientific and technical instruments company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.85 by $0.04. The business had revenue of $931.98 million during the quarter, compared to analyst estimates of $918.83 million. Sensata Technologies had a positive return on equity of 17.22% and a negative net margin of 0.71%.Sensata Technologies’s revenue for the quarter was down 5.2% on a year-over-year basis. During the same quarter last year, the company posted $0.86 EPS. As a group, sell-side analysts forecast that Sensata Technologies will post 3.21 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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