Sensata Technologies (NYSE:ST) was downgraded by equities research analysts at SunTrust Banks from a “buy” rating to a “hold” rating in a note issued to investors on Friday, MarketBeat.com reports.

A number of other research analysts have also recently issued reports on the stock. Zacks Investment Research raised shares of Sensata Technologies from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a research report on Tuesday, September 12th. Oppenheimer reissued a “buy” rating on shares of Sensata Technologies in a research report on Tuesday, October 24th. Cowen reissued a “hold” rating and set a $45.00 price target on shares of Sensata Technologies in a research report on Sunday, September 17th. Finally, Stifel Nicolaus reissued a “buy” rating and set a $55.00 price target on shares of Sensata Technologies in a research report on Thursday, October 26th. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $51.00.

Shares of Sensata Technologies (NYSE:ST) traded down $1.29 on Friday, hitting $48.66. 1,847,547 shares of the stock were exchanged, compared to its average volume of 1,300,060. The company has a market cap of $8,340.00, a price-to-earnings ratio of 16.19, a price-to-earnings-growth ratio of 1.57 and a beta of 1.46. The company has a debt-to-equity ratio of 1.49, a current ratio of 2.76 and a quick ratio of 2.04. Sensata Technologies has a 52-week low of $36.94 and a 52-week high of $50.83.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Sensata Technologies had a net margin of 9.39% and a return on equity of 25.75%. The company had revenue of $819.10 million during the quarter, compared to analysts’ expectations of $803.14 million. During the same period last year, the company posted $0.74 EPS. Sensata Technologies’s revenue was up 3.7% on a year-over-year basis. sell-side analysts expect that Sensata Technologies will post 3.17 earnings per share for the current fiscal year.

In other news, Director Paul B. Edgerley bought 200,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The stock was acquired at an average cost of $47.47 per share, with a total value of $9,494,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Jeffrey J. Cote sold 13,311 shares of Sensata Technologies stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $49.03, for a total transaction of $652,638.33. The disclosure for this sale can be found here. Insiders sold 80,000 shares of company stock valued at $3,870,245 over the last ninety days. Corporate insiders own 1.00% of the company’s stock.

A number of institutional investors have recently modified their holdings of ST. Janus Henderson Group PLC raised its holdings in Sensata Technologies by 58,991.8% in the second quarter. Janus Henderson Group PLC now owns 15,101,502 shares of the scientific and technical instruments company’s stock worth $645,136,000 after buying an additional 15,075,946 shares during the last quarter. BlackRock Inc. raised its holdings in Sensata Technologies by 68.4% in the second quarter. BlackRock Inc. now owns 8,293,010 shares of the scientific and technical instruments company’s stock worth $354,278,000 after buying an additional 3,369,088 shares during the last quarter. State Street Corp raised its holdings in Sensata Technologies by 106.4% in the second quarter. State Street Corp now owns 3,204,903 shares of the scientific and technical instruments company’s stock worth $136,915,000 after buying an additional 1,652,112 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in Sensata Technologies by 18.2% in the second quarter. Goldman Sachs Group Inc. now owns 4,720,010 shares of the scientific and technical instruments company’s stock worth $201,639,000 after buying an additional 725,786 shares during the last quarter. Finally, New York State Common Retirement Fund raised its holdings in Sensata Technologies by 117.2% in the second quarter. New York State Common Retirement Fund now owns 1,022,990 shares of the scientific and technical instruments company’s stock worth $43,702,000 after buying an additional 551,919 shares during the last quarter.

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About Sensata Technologies

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.

Analyst Recommendations for Sensata Technologies (NYSE:ST)

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