Sensata Technologies Holding Given Average Rating of “Buy” by Brokerages (NYSE:ST)
Sensata Technologies Holding (NYSE:ST) has been given an average recommendation of “Buy” by the nine ratings firms that are currently covering the stock, Stock Ratings News reports. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $51.13.
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.
Shares of Sensata Technologies Holding (NYSE:ST) opened at 48.84 on Friday. Sensata Technologies Holding has a 52 week low of $36.50 and a 52 week high of $49.24. The stock’s 50-day moving average is $47.05 and its 200-day moving average is $43.66. The company has a market cap of $8.223 billion and a P/E ratio of 30.74.
Sensata Technologies Holding (NYSE:ST) last announced its earnings results on Tuesday, July 29th. The company reported $0.62 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 13.7% on a year-over-year basis. On average, analysts predict that Sensata Technologies Holding will post $2.44 earnings per share for the current fiscal year.
Sensata Technologies Holding N.V. (NYSE:ST) is a subsidiary of Sensata Investment Company S.
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