Sensata Technologies (NYSE:ST)‘s stock had its “buy” rating reiterated by stock analysts at Oppenheimer in a report issued on Wednesday. They presently have a $62.00 price target on the scientific and technical instruments company’s stock. Oppenheimer’s price target would indicate a potential upside of 20.02% from the company’s current price.

A number of other research analysts also recently weighed in on the company. Zacks Investment Research raised Sensata Technologies from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research note on Tuesday, September 12th. SunTrust Banks reaffirmed a “buy” rating and set a $53.00 price target on shares of Sensata Technologies in a research note on Thursday, October 12th. Stifel Nicolaus reaffirmed a “buy” rating and set a $55.00 price target on shares of Sensata Technologies in a research note on Thursday, October 26th. Finally, Cowen reaffirmed a “hold” rating and set a $45.00 price target on shares of Sensata Technologies in a research note on Sunday, September 17th. Six analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $53.67.

Shares of Sensata Technologies (ST) traded up $3.76 during trading on Wednesday, hitting $51.66. The company had a trading volume of 4,496,100 shares, compared to its average volume of 1,306,982. Sensata Technologies has a 52 week low of $38.71 and a 52 week high of $51.87. The company has a current ratio of 2.76, a quick ratio of 2.04 and a debt-to-equity ratio of 1.49. The company has a market cap of $8,205.10, a price-to-earnings ratio of 15.50, a price-to-earnings-growth ratio of 1.51 and a beta of 1.46.

Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.80 by $0.01. Sensata Technologies had a return on equity of 25.75% and a net margin of 9.39%. The company had revenue of $819.10 million for the quarter, compared to analyst estimates of $803.14 million. During the same quarter in the prior year, the company earned $0.74 EPS. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. analysts predict that Sensata Technologies will post 3.17 earnings per share for the current fiscal year.

In related news, Director Paul B. Edgerley acquired 200,000 shares of the stock in a transaction dated Thursday, November 16th. The stock was purchased at an average cost of $47.47 per share, with a total value of $9,494,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Jeffrey J. Cote sold 13,311 shares of the stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $49.03, for a total value of $652,638.33. The disclosure for this sale can be found here. Over the last three months, insiders sold 80,000 shares of company stock valued at $3,870,245. Company insiders own 1.00% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Price T Rowe Associates Inc. MD increased its position in shares of Sensata Technologies by 1.5% during the third quarter. Price T Rowe Associates Inc. MD now owns 23,245,715 shares of the scientific and technical instruments company’s stock valued at $901,469,000 after acquiring an additional 348,201 shares during the last quarter. Janus Henderson Group PLC increased its position in shares of Sensata Technologies by 0.5% during the third quarter. Janus Henderson Group PLC now owns 15,176,196 shares of the scientific and technical instruments company’s stock valued at $729,519,000 after acquiring an additional 74,694 shares during the last quarter. Janus Capital Management LLC increased its position in shares of Sensata Technologies by 11.5% during the first quarter. Janus Capital Management LLC now owns 14,946,932 shares of the scientific and technical instruments company’s stock valued at $652,725,000 after acquiring an additional 1,540,719 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Sensata Technologies by 4.1% during the second quarter. Vanguard Group Inc. now owns 13,794,761 shares of the scientific and technical instruments company’s stock valued at $589,311,000 after acquiring an additional 545,783 shares during the last quarter. Finally, Franklin Resources Inc. increased its position in shares of Sensata Technologies by 0.4% during the second quarter. Franklin Resources Inc. now owns 12,143,935 shares of the scientific and technical instruments company’s stock valued at $518,787,000 after acquiring an additional 44,339 shares during the last quarter.

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Sensata Technologies 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.

Analyst Recommendations for Sensata Technologies (NYSE:ST)

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