Analysts Anticipate Sensata Technologies Holding (ST) to Announce $0.85 EPS

Wall Street analysts forecast that Sensata Technologies Holding (NYSE:ST) will announce $0.85 earnings per share for the current fiscal quarter, Zacks reports. Five analysts have made estimates for Sensata Technologies’ earnings, with estimates ranging from $0.84 to $0.86. Sensata Technologies reported earnings per share of $0.76 during the same quarter last year, which indicates a positive year-over-year growth rate of 11.8%. The business is scheduled to issue its next earnings report before the market opens on Thursday, February 1st.

According to Zacks, analysts expect that Sensata Technologies will report full year earnings of $3.17 per share for the current financial year, with EPS estimates ranging from $3.16 to $3.18. For the next fiscal year, analysts anticipate that the business will post earnings of $3.55 per share, with EPS estimates ranging from $3.35 to $3.63. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Sensata Technologies.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data 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. The business had revenue of $819.10 million during the quarter, compared to analyst estimates of $803.14 million. Sensata Technologies had a return on equity of 25.75% and a net margin of 9.39%. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.74 earnings per share.

Several brokerages have commented on ST. Zacks Investment Research lowered Sensata Technologies from a “buy” rating to a “hold” rating in a research report on Saturday. SunTrust Banks reissued a “hold” rating and set a $54.00 price objective on shares of Sensata Technologies in a research report on Friday, December 15th. Cowen reissued a “hold” rating on shares of Sensata Technologies in a research report on Thursday, December 14th. Bank of America reissued a “buy” rating and set a $60.00 price objective (up previously from $55.00) on shares of Sensata Technologies in a research report on Thursday, December 14th. Finally, JPMorgan Chase & Co. set a $60.00 price objective on Sensata Technologies and gave the company a “buy” rating in a research report on Wednesday, December 13th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $55.00.

In other news, COO Jeffrey J. Cote sold 13,311 shares of the firm’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $49.03, for a total transaction of $652,638.33. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Steven Beringhause sold 3,720 shares of the firm’s stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $54.85, for a total value of $204,042.00. The disclosure for this sale can be found here. Insiders have sold 91,308 shares of company stock valued at $4,462,641 over the last 90 days. Corporate insiders own 1.00% of the company’s stock.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ST. Skba Capital Management LLC bought a new stake in Sensata Technologies in the 3rd quarter worth about $201,000. QCM Cayman Ltd. increased its holdings in Sensata Technologies by 1.4% in the 2nd quarter. QCM Cayman Ltd. now owns 5,210 shares of the scientific and technical instruments company’s stock worth $223,000 after buying an additional 74 shares in the last quarter. Saturna Capital CORP bought a new stake in Sensata Technologies in the 3rd quarter worth about $249,000. BT Investment Management Ltd bought a new stake in Sensata Technologies in the 3rd quarter worth about $264,000. Finally, AHL Partners LLP bought a new stake in Sensata Technologies in the 2nd quarter worth about $298,000.

Sensata Technologies (NYSE:ST) opened at $54.88 on Friday. 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 capitalization of $9,400.00, a price-to-earnings ratio of 30.83, a price-to-earnings-growth ratio of 1.54 and a beta of 1.47. Sensata Technologies has a 52-week low of $38.71 and a 52-week high of $55.90.

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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.

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