Sensata Tech Receives New Coverage from Analysts at SunTrust (ST)
Research analysts at SunTrust started coverage on shares of Sensata Tech (NYSE:ST) in a report released on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.
Shares of Sensata Tech (NYSE:ST) traded down 2.16% on Tuesday, hitting $38.13. 525,377 shares of the company’s stock traded hands. Sensata Tech has a 1-year low of $25.75 and a 1-year high of $39.30. The stock has a 50-day moving average of $38.12 and a 200-day moving average of $35.80. The company has a market cap of $6.681 billion and a P/E ratio of 41.86.
Sensata Tech (NYSE:ST) last issued its quarterly earnings data 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.
ST has been the subject of a number of other recent research reports. Analysts at Wells Fargo & Co. initiated coverage on shares of Sensata Tech in a research note to investors on Friday. They set an “outperform” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of Sensata Tech from $39.00 to $40.00 in a research note to investors on Thursday, October 3rd. They now have an “outperform” rating on the stock. Finally, analysts at Oppenheimer raised their price target on shares of Sensata Tech from $43.00 to $45.00 in a research note to investors on Thursday, August 8th. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Sensata Tech has an average rating of “Buy” and an average target price of $40.40.
Sensata Technologies Holding N.V. (NYSE:ST) is subsidiary of Sensata Investment Company S.
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