According to Zacks, “Sensata Technologies B.V., through its subsidiaries, is a supplier of sensing, electrical protection, control and power management solutions. The Company produces a range of sensors and controls for mission critical applications, such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors. Sensata’s products include pressure sensors, force sensors, position sensors, motor protectors, and thermal and magnetic-hydraulic circuit breakers and switches. It develops solutions for specific customer requirements or applications across automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning, data, telecommunications, recreational vehicle and marine applications. Sensata Technologies B.V. is based in Almelo, the Netherlands. “
Other analysts also recently issued reports about the stock. Morgan Stanley decreased their target price on shares of Sensata Technologies from $45.00 to $44.00 and set an underweight rating for the company in a research report on Wednesday, July 31st. Oppenheimer downgraded shares of Sensata Technologies from an outperform rating to a market perform rating in a research report on Wednesday, October 16th. SunTrust Banks set a $53.00 target price on shares of Sensata Technologies and gave the stock a hold rating in a research report on Wednesday, July 31st. ValuEngine downgraded shares of Sensata Technologies from a hold rating to a sell rating in a research report on Thursday, October 10th. Finally, Wolfe Research initiated coverage on shares of Sensata Technologies in a research report on Tuesday, October 8th. They issued an outperform rating and a $57.00 target price for the company. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of Hold and a consensus price target of $52.17.
Shares of ST opened at $50.45 on Friday. The company’s 50 day moving average price is $48.87 and its 200 day moving average price is $47.53. Sensata Technologies has a 52 week low of $40.78 and a 52 week high of $52.33. The company has a market capitalization of $8.08 billion, a PE ratio of 13.82, a PEG ratio of 1.15 and a beta of 1.41. The company has a debt-to-equity ratio of 1.24, a quick ratio of 2.35 and a current ratio of 3.13.
Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Tuesday, July 30th. The scientific and technical instruments company reported $0.93 EPS for the quarter, missing the Zacks’ consensus estimate of $0.94 by ($0.01). Sensata Technologies had a net margin of 16.16% and a return on equity of 23.71%. The company had revenue of $883.70 million for the quarter, compared to analysts’ expectations of $898.90 million. During the same period in the previous year, the firm posted $0.93 earnings per share. The business’s revenue for the quarter was down 3.3% on a year-over-year basis. On average, equities analysts forecast that Sensata Technologies will post 3.69 earnings per share for the current fiscal year.
In related news, Director Thomas Wroe, Jr. sold 2,666 shares of the company’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $44.71, for a total transaction of $119,196.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Paul Chawla sold 9,006 shares of the company’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $52.22, for a total transaction of $470,293.32. The disclosure for this sale can be found here. Insiders sold 64,572 shares of company stock valued at $3,179,321 over the last three months. Insiders own 2.00% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in ST. Nuveen Asset Management LLC acquired a new position in Sensata Technologies during the 2nd quarter valued at $27,302,000. FMR LLC increased its holdings in Sensata Technologies by 5.5% in the 1st quarter. FMR LLC now owns 6,323,952 shares of the scientific and technical instruments company’s stock valued at $284,704,000 after buying an additional 331,366 shares during the period. AQR Capital Management LLC bought a new stake in Sensata Technologies in the 2nd quarter valued at $13,875,000. Impax Asset Management Group plc increased its holdings in Sensata Technologies by 18.0% in the 2nd quarter. Impax Asset Management Group plc now owns 1,424,936 shares of the scientific and technical instruments company’s stock valued at $69,822,000 after buying an additional 217,835 shares during the period. Finally, Schroder Investment Management Group increased its holdings in Sensata Technologies by 23.2% in the 2nd quarter. Schroder Investment Management Group now owns 993,341 shares of the scientific and technical instruments company’s stock valued at $48,674,000 after buying an additional 186,944 shares during the period. Hedge funds and other institutional investors own 91.44% of the company’s stock.
Sensata Technologies Company Profile
Sensata Technologies Holding plc, through its subsidiary, Sensata Technologies Holding N.V., develops, manufactures, and sells a range of sensors and controls in the Americas, Asia, Europe, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures pressure sensors, speed and position sensors, and temperature sensors.
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