Robert W. Baird Issues Pessimistic Forecast for Sensata Technologies (NYSE:ST) Stock Price

Sensata Technologies (NYSE:ST) had its price objective lowered by equities research analysts at Robert W. Baird from $24.00 to $23.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The firm presently has a “neutral” rating on the scientific and technical instruments company’s stock. Robert W. Baird’s target price indicates a potential upside of 15.00% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Evercore ISI downgraded shares of Sensata Technologies from an “outperform” rating to an “inline” rating and reduced their price objective for the stock from $40.00 to $27.00 in a research report on Thursday, April 3rd. UBS Group reduced their price target on shares of Sensata Technologies from $37.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, April 10th. Oppenheimer decreased their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a research note on Thursday, February 13th. Finally, The Goldman Sachs Group raised shares of Sensata Technologies from a “neutral” rating to a “buy” rating and cut their price objective for the stock from $31.00 to $27.00 in a research report on Thursday, April 10th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Sensata Technologies currently has an average rating of “Hold” and a consensus target price of $35.55.

Sensata Technologies Trading Up 2.2 %

NYSE:ST opened at $20.00 on Tuesday. Sensata Technologies has a 52 week low of $17.32 and a 52 week high of $43.14. The firm’s fifty day moving average is $25.95 and its 200-day moving average is $29.32. The firm has a market cap of $2.99 billion, a P/E ratio of 23.81, a P/E/G ratio of 1.25 and a beta of 1.12. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.99 and a current ratio of 2.85.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Equities analysts expect that Sensata Technologies will post 3.21 earnings per share for the current year.

Hedge Funds Weigh In On Sensata Technologies

Several large investors have recently bought and sold shares of the stock. Janus Henderson Group PLC raised its holdings in shares of Sensata Technologies by 0.5% in the fourth quarter. Janus Henderson Group PLC now owns 9,767,232 shares of the scientific and technical instruments company’s stock valued at $267,621,000 after purchasing an additional 44,233 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Sensata Technologies by 36.4% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company’s stock valued at $214,308,000 after buying an additional 2,088,161 shares during the last quarter. Boston Partners lifted its position in shares of Sensata Technologies by 11.6% during the 4th quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company’s stock worth $179,087,000 after buying an additional 677,316 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Sensata Technologies by 12.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company’s stock worth $159,143,000 after buying an additional 648,028 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. grew its holdings in shares of Sensata Technologies by 96.8% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 5,260,870 shares of the scientific and technical instruments company’s stock valued at $144,148,000 after acquiring an additional 2,587,183 shares in the last quarter. 99.42% of the stock is currently owned by institutional investors.

About Sensata Technologies

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.