Sensata Technologies Holding N.V. (ST) Receives Average Recommendation of “Buy” from Analysts
Shares of Sensata Technologies Holding N.V. (NYSE:ST) have earned a consensus rating of “Buy” from the ten ratings firms that are currently covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $48.86.
Several equities research analysts recently issued reports on ST shares. Barclays PLC reiterated an “overweight” rating and issued a $52.00 price objective on shares of Sensata Technologies Holding N.V. in a report on Friday, July 7th. BidaskClub upgraded Sensata Technologies Holding N.V. from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 12th. Stifel Nicolaus reiterated a “buy” rating and issued a $48.00 price objective on shares of Sensata Technologies Holding N.V. in a report on Friday, July 14th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $50.00 price objective (up previously from $46.00) on shares of Sensata Technologies Holding N.V. in a report on Wednesday, July 26th. Finally, Oppenheimer Holdings, Inc. boosted their price objective on Sensata Technologies Holding N.V. from $48.00 to $53.00 and gave the company an “outperform” rating in a report on Wednesday, July 26th.
In other Sensata Technologies Holding N.V. news, Director Thomas Wroe, Jr. sold 40,000 shares of the company’s stock in a transaction dated Friday, July 14th. The stock was sold at an average price of $44.85, for a total transaction of $1,794,000.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In the last 90 days, insiders have sold 134,105 shares of company stock worth $6,047,976. 1.00% of the stock is owned by company insiders.
Hedge funds and other institutional investors have recently modified their holdings of the business. Huntington National Bank increased its holdings in Sensata Technologies Holding N.V. by 6.0% during the 2nd quarter. Huntington National Bank now owns 2,885 shares of the scientific and technical instruments company’s stock worth $123,000 after purchasing an additional 164 shares during the period. Janney Montgomery Scott LLC purchased a new stake in Sensata Technologies Holding N.V. during the 1st quarter worth about $204,000. Tredje AP fonden increased its holdings in Sensata Technologies Holding N.V. by 174.7% during the 2nd quarter. Tredje AP fonden now owns 4,780 shares of the scientific and technical instruments company’s stock worth $204,000 after purchasing an additional 3,040 shares during the period. Aberdeen Asset Management PLC UK purchased a new stake in Sensata Technologies Holding N.V. during the 2nd quarter worth about $206,000. Finally, Daiwa Securities Group Inc. increased its holdings in Sensata Technologies Holding N.V. by 15.1% during the 1st quarter. Daiwa Securities Group Inc. now owns 4,950 shares of the scientific and technical instruments company’s stock worth $216,000 after purchasing an additional 650 shares during the period.
Sensata Technologies Holding N.V. (ST) opened at 47.18 on Friday. The stock’s 50 day moving average price is $46.45 and its 200 day moving average price is $44.23. Sensata Technologies Holding N.V. has a 52 week low of $35.10 and a 52 week high of $47.26. The stock has a market cap of $8.08 billion, a price-to-earnings ratio of 28.25 and a beta of 1.45.
Sensata Technologies Holding N.V. (NYSE:ST) last posted its quarterly earnings data on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.03. The firm had revenue of $839.90 million for the quarter, compared to the consensus estimate of $835.09 million. Sensata Technologies Holding N.V. had a return on equity of 26.18% and a net margin of 8.91%. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.73 EPS. On average, analysts forecast that Sensata Technologies Holding N.V. will post $3.17 earnings per share for the current year.
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Sensata Technologies Holding N.V. Company Profile
Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.
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