Sensata Technologies Holding Sets New 1-Year High at $49.24 (ST)
Sensata Technologies Holding (NYSE:ST) shares hit a new 52-week high during mid-day trading on Monday , Analyst Ratings Net reports. The company traded as high as $49.24 and last traded at $48.56, with a volume of 2,305,297 shares changing hands. The stock had previously closed at $46.17.
A number of analysts have recently weighed in on ST shares. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Sensata Technologies Holding in a research note on Wednesday, July 30th. They now have a $59.00 price target on the stock, up previously from $54.00. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Sensata Technologies Holding in a research note on Wednesday, July 30th. They now have a $50.00 price target on the stock, up previously from $44.00. Finally, analysts at RBC Capital raised their price target on shares of Sensata Technologies Holding from $47.00 to $50.00 in a research note on Friday, July 11th. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $51.13.
The stock has a 50-day moving average of $46.98 and a 200-day moving average of $43.49. The company has a market cap of $8.172 billion and a price-to-earnings ratio of 30.74.
Sensata Technologies Holding (NYSE:ST) last posted its quarterly earnings results on Tuesday, July 29th. The company reported $0.62 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.52 by $0.10. The company had revenue of $575.90 million for the quarter, compared to the consensus estimate of $566.18 million. During the same quarter last year, the company posted $0.54 earnings per share. Sensata Technologies Holding’s revenue was up 13.7% compared to the same quarter last year. Analysts expect that Sensata Technologies Holding will post $2.44 EPS for the current fiscal year.
In other Sensata Technologies Holding news, VP Geert Braaksma sold 60,000 shares of Sensata Technologies Holding stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $46.07, for a total value of $2,764,200.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Sensata Technologies Holding N.V. (NYSE:ST) is a subsidiary of Sensata Investment Company S.
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