Wall Street brokerages expect Sensata Technologies Holding PLC (NYSE:ST) to report sales of $900.93 million for the current quarter, Zacks Investment Research reports. Six analysts have provided estimates for Sensata Technologies’ earnings, with the lowest sales estimate coming in at $893.50 million and the highest estimate coming in at $903.70 million. Sensata Technologies posted sales of $913.86 million during the same quarter last year, which would indicate a negative year over year growth rate of 1.4%. The company is scheduled to announce its next quarterly earnings results on Tuesday, July 23rd.
On average, analysts expect that Sensata Technologies will report full-year sales of $3.58 billion for the current fiscal year, with estimates ranging from $3.56 billion to $3.60 billion. For the next financial year, analysts anticipate that the firm will report sales of $3.71 billion, with estimates ranging from $3.67 billion to $3.77 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for Sensata Technologies.
Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Wednesday, May 1st. The scientific and technical instruments company reported $0.85 EPS for the quarter, meeting analysts’ consensus estimates of $0.85. Sensata Technologies had a net margin of 16.93% and a return on equity of 24.35%. The company had revenue of $870.50 million during the quarter, compared to the consensus estimate of $852.77 million. During the same quarter last year, the firm posted $0.85 EPS. The company’s quarterly revenue was down 1.8% on a year-over-year basis.
A number of research analysts have recently commented on the stock. ValuEngine raised shares of Sensata Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, April 18th. Evercore ISI started coverage on shares of Sensata Technologies in a research note on Wednesday, June 5th. They set an “in-line” rating and a $50.00 target price for the company. Zacks Investment Research cut shares of Sensata Technologies from a “hold” rating to a “sell” rating in a research note on Thursday, April 18th. JPMorgan Chase & Co. cut shares of Sensata Technologies from an “overweight” rating to a “neutral” rating and cut their target price for the stock from $60.00 to $57.00 in a research note on Monday, April 22nd. Finally, Jefferies Financial Group raised their target price on shares of Sensata Technologies from $59.00 to $62.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $53.30.
Shares of ST opened at $46.50 on Thursday. Sensata Technologies has a one year low of $40.78 and a one year high of $56.28. The stock has a market capitalization of $7.40 billion, a PE ratio of 12.74, a PEG ratio of 0.99 and a beta of 1.38. The company has a quick ratio of 2.20, a current ratio of 2.96 and a debt-to-equity ratio of 1.27.
In other Sensata Technologies news, CEO Martha N. Sullivan sold 50,000 shares of Sensata Technologies stock in a transaction dated Tuesday, April 16th. The shares were sold at an average price of $49.50, for a total value of $2,475,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 2.00% of the stock is owned by insiders.
A number of institutional investors have recently modified their holdings of ST. Nissay Asset Management Corp Japan ADV raised its position in shares of Sensata Technologies by 1.6% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 14,113 shares of the scientific and technical instruments company’s stock valued at $635,000 after buying an additional 227 shares in the last quarter. ETF Managers Group LLC raised its position in shares of Sensata Technologies by 9.9% in the 1st quarter. ETF Managers Group LLC now owns 2,762 shares of the scientific and technical instruments company’s stock valued at $124,000 after buying an additional 248 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its position in shares of Sensata Technologies by 0.8% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 34,469 shares of the scientific and technical instruments company’s stock valued at $1,545,000 after buying an additional 285 shares in the last quarter. Saturna Capital CORP raised its position in shares of Sensata Technologies by 1.5% in the 4th quarter. Saturna Capital CORP now owns 20,260 shares of the scientific and technical instruments company’s stock valued at $908,000 after buying an additional 300 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Sensata Technologies by 0.7% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 44,501 shares of the scientific and technical instruments company’s stock valued at $2,003,000 after buying an additional 307 shares in the last quarter. Institutional investors and hedge funds own 95.45% of the company’s stock.
Sensata Technologies Company Profile
Sensata Technologies Holding plc, through its subsidiary, Sensata Technologies Holding N.V., develops, manufactures, and sells a range of sensors and controls in the Americas, Asia, Europe, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures pressure sensors, speed and position sensors, and temperature sensors.
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