Sensata Technologies Holding N.V. (ST) Updates Q4 Earnings Guidance
Sensata Technologies Holding N.V. (NYSE:ST) updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $0.82-0.86 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.85. The company issued revenue guidance of $808-832 million, compared to the consensus revenue estimate of $807.73 million.
A number of brokerages have commented on ST. Zacks Investment Research cut Sensata Technologies Holding N.V. from a buy rating to a hold rating in a research report on Tuesday. Barclays PLC lifted their price target on Sensata Technologies Holding N.V. from $52.00 to $53.00 and gave the stock an overweight rating in a research report on Friday. SunTrust Banks, Inc. reissued a buy rating and issued a $53.00 price objective on shares of Sensata Technologies Holding N.V. in a report on Thursday, October 12th. Finally, Cowen and Company reissued a hold rating and issued a $45.00 price objective on shares of Sensata Technologies Holding N.V. in a report on Sunday, September 17th. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and an average price target of $49.89.
Sensata Technologies Holding N.V. (NYSE:ST) opened at 50.30 on Tuesday. The stock has a 50 day moving average price of $48.09 and a 200 day moving average price of $48.09. The firm has a market cap of $8.61 billion, a PE ratio of 30.12 and a beta of 1.47. Sensata Technologies Holding N.V. has a one year low of $35.10 and a one year high of $50.83.
Sensata Technologies Holding N.V. (NYSE:ST) last announced its earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.01. Sensata Technologies Holding N.V. had a net margin of 8.91% and a return on equity of 26.18%. The business had revenue of $819.10 million during the quarter, compared to the consensus estimate of $803.14 million. During the same quarter in the prior year, the firm earned $0.74 earnings per share. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. Equities research analysts expect that Sensata Technologies Holding N.V. will post $3.16 EPS for the current year.
About Sensata Technologies Holding N.V.
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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