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Sensata Technologies Holding PLC (NYSE:ST) – Research analysts at Jefferies Financial Group reduced their Q1 2019 EPS estimates for shares of Sensata Technologies in a research note issued to investors on Thursday, February 7th. Jefferies Financial Group analyst D. Kelley now anticipates that the scientific and technical instruments company will post earnings per share of $0.86 for the quarter, down from their prior estimate of $0.96. Jefferies Financial Group has a “Buy” rating and a $59.00 price objective on the stock. Jefferies Financial Group also issued estimates for Sensata Technologies’ Q3 2019 earnings at $1.05 EPS, FY2019 earnings at $4.06 EPS and FY2020 earnings at $4.49 EPS. Get Sensata Technologies alerts:
Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Wednesday, February 6th. The scientific and technical instruments company reported $0.95 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.99 by ($0.04). Sensata Technologies had a return on equity of 25.36% and a net margin of 17.01%. The company had revenue of $847.90 million for the quarter, compared to analyst estimates of $866.27 million. During the same quarter last year, the business earned $0.87 earnings per share. The company’s revenue was up .9% on a year-over-year basis. A number of other analysts have also recently weighed in on the stock. Zacks Investment Research raised shares of Sensata Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, January 22nd. Barclays lifted their price target on shares of Sensata Technologies from $58.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, October 31st. BMO Capital Markets restated a “hold” rating and issued a $41.00 target price on shares of Sensata Technologies in a report on Tuesday, October 30th. SunTrust Banks boosted their target price on shares of Sensata Technologies to $54.00 and gave the company a “hold” rating in a report on Thursday. Finally, Cross Research upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating in a report on Tuesday, October 30th. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $54.67.
Shares of NYSE:ST opened at $46.53 on Friday. The company has a market capitalization of $8.35 billion, a P/E ratio of 12.75, a PEG ratio of 1.02 and a beta of 1.32. The company has a current ratio of 3.10, a quick ratio of 2.35 and a debt-to-equity ratio of 1.38. Sensata Technologies has a 1 year low of $40.78 and a 1 year high of $56.28.
Several large investors have recently bought and sold shares of ST. Millennium Management LLC increased its position in shares of Sensata Technologies by 69.6% during the second quarter. Millennium Management LLC now owns 161,550 shares of the scientific and technical instruments company’s stock worth $7,687,000 after acquiring an additional 66,323 shares in the last quarter. Jane Street Group LLC increased its position in shares of Sensata Technologies by 12.2% during the second quarter. Jane Street Group LLC now owns 12,214 shares of the scientific and technical instruments company’s stock worth $581,000 after acquiring an additional 1,324 shares in the last quarter. Advisors Asset Management Inc. bought a new stake in shares of Sensata Technologies during the second quarter worth about $487,000. Schroder Investment Management Group increased its position in shares of Sensata Technologies by 431.2% during the second quarter. Schroder Investment Management Group now owns 741,728 shares of the scientific and technical instruments company’s stock worth $35,292,000 after acquiring an additional 602,102 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of Sensata Technologies by 0.8% during the second quarter. Northern Trust Corp now owns 1,064,795 shares of the scientific and technical instruments company’s stock worth $50,663,000 after acquiring an additional 8,269 shares in the last quarter. 98.77% of the stock is owned by institutional investors.
Sensata Technologies Company Profile
Sensata Technologies Holding PLC would be operating as a holding company for Sensata Technologies Holding N.V. that develops, manufactures, and sells sensors and controls in the Americas, Asia, and Europe. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment supplies pressure sensors, speed and position sensors, temperature sensors, and pressure switches.
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