Sensata Technologies Holding N.V. (ST) Issues Earnings Results, Beats Estimates By $0.01 EPS
Sensata Technologies Holding N.V. (NYSE:ST) announced its quarterly earnings results on Tuesday. The scientific and technical instruments company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01, Bloomberg Earnings reports. Sensata Technologies Holding N.V. had a return on equity of 26.18% and a net margin of 8.91%. The company had revenue of $819.10 million during the quarter, compared to analyst estimates of $803.14 million. During the same period in the prior year, the company earned $0.74 earnings per share. The firm’s revenue was up 3.7% on a year-over-year basis. Sensata Technologies Holding N.V. updated its Q4 guidance to $0.82-0.86 EPS.
Shares of Sensata Technologies Holding N.V. (NYSE ST) opened at 50.30 on Tuesday. The company has a market capitalization of $8.61 billion, a price-to-earnings ratio of 30.12 and a beta of 1.47. The stock has a 50 day moving average price of $48.09 and a 200 day moving average price of $48.09. Sensata Technologies Holding N.V. has a 1-year low of $35.10 and a 1-year high of $50.83.
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A number of equities analysts recently commented on the company. Zacks Investment Research lowered Sensata Technologies Holding N.V. from a “buy” rating to a “hold” rating in a research note on Tuesday. Barclays PLC increased their price target on Sensata Technologies Holding N.V. from $52.00 to $53.00 and gave the company an “overweight” rating in a research note on Friday. SunTrust Banks, Inc. reissued a “buy” rating and set a $53.00 price target on shares of Sensata Technologies Holding N.V. in a research note on Thursday, October 12th. Finally, Cowen and Company reissued a “hold” rating and set a $45.00 price target on shares of Sensata Technologies Holding N.V. in a research note on Sunday, September 17th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $49.89.
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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