Sensata Tech PT Raised to $40.00 (ST)
Stock analysts at RBC Capital increased their price target on shares of Sensata Tech (NYSE:ST) from $39.00 to $40.00 in a report issued on Thursday, American Banking & Market News reports. The firm currently has an “outperform” rating on the stock. RBC Capital’s target price suggests a potential upside of 5.37% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Oppenheimer raised their price target on shares of Sensata Tech (NYSE:ST) from $43.00 to $45.00 in a research note to investors on Thursday, August 8th. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $40.40.
Sensata Tech (NYSE:ST) traded down 1.22% on Thursday, hitting $37.96. 470,066 shares of the company’s stock traded hands. Sensata Tech has a 52-week low of $25.75 and a 52-week high of $38.97. The stock’s 50-day moving average is $38.04 and its 200-day moving average is $35.64. The company has a market cap of $6.651 billion and a P/E ratio of 41.28.
Sensata Tech (NYSE:ST) last announced its earnings results on Tuesday, July 23rd. The company reported $0.54 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.53 by $0.01. The company had revenue of $506.40 million for the quarter, compared to the consensus estimate of $496.56 million. During the same quarter in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up .4% on a year-over-year basis. On average, analysts predict that Sensata Tech will post $2.13 earnings per share for the current fiscal year.
Sensata Technologies Holding N.V. (NYSE:ST) is subsidiary of Sensata Investment Company S.
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