Sensata Technologies Holding Now Covered by Analysts at Atlantic Securities (ST)
Equities research analysts at Atlantic Securities assumed coverage on shares of Sensata Technologies Holding (NYSE:ST) in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set an “overweight” rating and a $56.00 price target on the stock. Atlantic Securities’ target price points to a potential upside of 22.22% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of Sensata Technologies Holding in a research note on Monday, June 9th. They now have a $46.00 price target on the stock. Separately, analysts at SunTrust reiterated a “buy” rating on shares of Sensata Technologies Holding in a research note on Wednesday, May 21st. They now have a $49.00 price target on the stock, up previously from $48.00. Finally, analysts at BMO Capital Markets raised their price target on shares of Sensata Technologies Holding from $38.00 to $40.00 in a research note on Wednesday, April 30th. They now have a “market perform” rating on the stock. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Sensata Technologies Holding currently has a consensus rating of “Buy” and a consensus price target of $48.63.
Sensata Technologies Holding (NYSE:ST) traded up 0.39% on Tuesday, hitting $46.00. The stock had a trading volume of 192,183 shares. Sensata Technologies Holding has a 52-week low of $34.44 and a 52-week high of $45.88. The stock has a 50-day moving average of $43.43 and a 200-day moving average of $41.16. The company has a market cap of $7.916 billion and a price-to-earnings ratio of 36.66.
Sensata Technologies Holding (NYSE:ST) last released its earnings data on Tuesday, April 29th. The company reported $0.56 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.56. The company had revenue of $551.60 million for the quarter, compared to the consensus estimate of $540.74 million. During the same quarter in the previous year, the company posted $0.48 earnings per share. The company’s revenue for the quarter was up 17.3% on a year-over-year basis. Analysts expect that Sensata Technologies Holding will post $2.42 EPS for the current fiscal year.
Sensata Technologies Holding NV is a Netherlands-based company engaged in the development, manufacturing and sale of sensors and controls.
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