Sensata Technologies (NYSE:ST) Stock Price Target Lowered at UBS Group

Sensata Technologies (NYSE:ST) had its price target lowered by analysts at UBS Group from $54.00 to $51.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the scientific and technical instruments company’s stock. UBS Group‘s target price points to a potential upside of 24.69% from the company’s current price.

ST has been the topic of a number of other reports. Weiss Ratings lowered Sensata Technologies from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, July 30th. Wall Street Zen downgraded Sensata Technologies from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 20th. Barclays raised their price target on Sensata Technologies from $53.00 to $55.00 and gave the company an “equal weight” rating in a report on Monday, August 3rd. Truist Financial reduced their price objective on shares of Sensata Technologies from $58.00 to $57.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Oppenheimer upped their price objective on shares of Sensata Technologies from $55.00 to $58.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Four equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $48.40.

Sensata Technologies Stock Performance

Shares of Sensata Technologies stock traded down $1.42 during trading on Wednesday, hitting $40.90. 3,197,476 shares of the stock were exchanged, compared to its average volume of 1,827,600. The company has a current ratio of 2.29, a quick ratio of 1.58 and a debt-to-equity ratio of 0.83. The company has a fifty day moving average price of $42.00 and a 200-day moving average price of $41.77. The stock has a market capitalization of $5.95 billion, a price-to-earnings ratio of 68.17, a price-to-earnings-growth ratio of 1.22 and a beta of 1.25. Sensata Technologies has a 1-year low of $28.16 and a 1-year high of $53.89.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings results on Tuesday, October 27th. The scientific and technical instruments company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.17. The business had revenue of $1 billion during the quarter, compared to analysts’ expectations of $972.97 million. Sensata Technologies had a return on equity of 18.68% and a net margin of 2.37%. Sensata Technologies’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the company posted $0.89 earnings per share. As a group, equities analysts predict that Sensata Technologies will post 3.77 EPS for the current fiscal year.

Institutional Trading of Sensata Technologies

Large investors have recently bought and sold shares of the business. Janus Henderson Group PLC grew its stake in Sensata Technologies by 1.1% in the first quarter. Janus Henderson Group PLC now owns 10,402,517 shares of the scientific and technical instruments company’s stock valued at $366,376,000 after acquiring an additional 112,819 shares during the period. Dimensional Fund Advisors LP increased its holdings in Sensata Technologies by 1.7% during the first quarter. Dimensional Fund Advisors LP now owns 7,391,230 shares of the scientific and technical instruments company’s stock worth $260,302,000 after buying an additional 125,127 shares during the last quarter. Quantinno Capital Management LP raised its holdings in shares of Sensata Technologies by 45.5% in the 1st quarter. Quantinno Capital Management LP now owns 2,402,063 shares of the scientific and technical instruments company’s stock worth $84,601,000 after purchasing an additional 750,646 shares during the period. Bank of America Corp DE raised its stake in shares of Sensata Technologies by 5.7% in the first quarter. Bank of America Corp DE now owns 1,766,285 shares of the scientific and technical instruments company’s stock valued at $62,209,000 after buying an additional 95,874 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in Sensata Technologies by 29.8% during the first quarter. Bank of New York Mellon Corp now owns 1,356,087 shares of the scientific and technical instruments company’s stock valued at $47,761,000 after purchasing an additional 311,424 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies News Roundup

Here are the key news stories impacting Sensata Technologies this week:

• Positive Sentiment: Sensata reported third-quarter adjusted earnings of $1.13 per share, beating the $0.96 consensus estimate, while revenue reached approximately $1.0 billion versus expectations of $972.97 million. Revenue increased 7.7% year over year and EPS rose from $0.89 in the prior-year quarter. Sensata Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Truist Financial maintained a Buy rating and lowered its price target modestly from $58 to $57. The revised target still implies substantial upside from recent trading levels, signaling that the analyst views the pullback as an opportunity despite near-term concerns. Truist Adjusts Sensata Price Target and Maintains Buy Rating
• Positive Sentiment: Zacks identified ST as a strong value stock, which could attract investors focused on valuation following the recent weakness. Why Sensata Is a Strong Value Stock
• Neutral Sentiment: The stock crossed above its 200-day moving average, a technical signal that may support bullish momentum, although traders are assessing whether the move can hold after the earnings-related volatility. Sensata Stock Crosses Above 200-Day Moving Average
• Negative Sentiment: Management’s fourth-quarter revenue guidance was viewed as weak, prompting concern about slower near-term demand and limiting the market’s reaction to the third-quarter beat. Sensata Falls on Weak Fourth-Quarter Revenue Guidance

About Sensata Technologies

Sensata Technologies Holding plc (NYSE: ST) is a global developer and manufacturer of sensing, control and protection solutions. The company supplies components that help monitor conditions, improve safety and efficiency, and support automated decision-making in vehicles, industrial equipment and other systems.

Its products include pressure, temperature, position, speed, force, current and fluid-level sensors, along with circuit breakers, controls and other protection devices. Sensata’s technologies are used in applications such as automotive systems, heavy-duty vehicles, industrial machinery, heating and air-conditioning equipment, aerospace and defense, energy infrastructure, and data centers.

Sensata serves original equipment manufacturers and other industrial customers across North America, Europe, Asia and additional international markets.