Sensata Technologies Holding N.V. (NYSE:ST) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Sensata Technologies Holding N.V. (NYSE:ST) have been assigned a consensus recommendation of “Hold” from the eleven research firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $36.10.

ST has been the topic of a number of research reports. Evercore ISI set a $32.00 price objective on Sensata Technologies in a report on Wednesday, October 29th. Oppenheimer reissued an “outperform” rating and issued a $43.00 price objective on shares of Sensata Technologies in a research report on Wednesday, December 17th. Barclays reduced their target price on shares of Sensata Technologies from $43.00 to $40.00 and set an “overweight” rating on the stock in a report on Monday, January 12th. Wells Fargo & Company raised their price objective on Sensata Technologies from $34.00 to $37.00 and gave the company an “equal weight” rating in a research report on Monday, January 12th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Sensata Technologies in a research note on Monday, December 29th.

Sensata Technologies Stock Performance

Shares of ST stock opened at $34.37 on Thursday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 2.10 and a current ratio of 2.91. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of -171.86, a price-to-earnings-growth ratio of 1.33 and a beta of 1.15. Sensata Technologies has a one year low of $17.32 and a one year high of $36.25. The company has a 50 day moving average price of $33.83 and a 200 day moving average price of $32.24.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Tuesday, October 28th. The scientific and technical instruments company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.04. Sensata Technologies had a positive return on equity of 17.22% and a negative net margin of 0.71%.The business had revenue of $931.98 million during the quarter, compared to the consensus estimate of $918.83 million. During the same period in the prior year, the firm posted $0.86 EPS. The business’s revenue for the quarter was down 5.2% on a year-over-year basis. Sell-side analysts anticipate that Sensata Technologies will post 3.21 EPS for the current year.

Insider Buying and Selling

In other news, EVP David K. Stott sold 839 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $30.80, for a total transaction of $25,841.20. Following the transaction, the executive vice president directly owned 35,444 shares of the company’s stock, valued at approximately $1,091,675.20. The trade was a 2.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ali John Mirshekari sold 125,939 shares of the firm’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $28.83, for a total transaction of $3,630,821.37. Following the sale, the director directly owned 142,371 shares of the company’s stock, valued at approximately $4,104,555.93. The trade was a 46.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 269,149 shares of company stock valued at $7,776,297. 0.89% of the stock is owned by company insiders.

Hedge Funds Weigh In On Sensata Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Caprock Group LLC increased its position in shares of Sensata Technologies by 31.4% during the fourth quarter. Caprock Group LLC now owns 63,267 shares of the scientific and technical instruments company’s stock worth $2,106,000 after acquiring an additional 15,132 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Sensata Technologies by 2.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 41,732 shares of the scientific and technical instruments company’s stock valued at $1,389,000 after purchasing an additional 1,156 shares in the last quarter. Greenwood Capital Associates LLC increased its holdings in Sensata Technologies by 15.3% during the 4th quarter. Greenwood Capital Associates LLC now owns 11,820 shares of the scientific and technical instruments company’s stock worth $393,000 after purchasing an additional 1,565 shares during the last quarter. CWM LLC raised its position in shares of Sensata Technologies by 76.9% in the 4th quarter. CWM LLC now owns 9,526 shares of the scientific and technical instruments company’s stock valued at $317,000 after purchasing an additional 4,142 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its position in shares of Sensata Technologies by 123.6% in the 4th quarter. Farther Finance Advisors LLC now owns 2,106 shares of the scientific and technical instruments company’s stock valued at $70,000 after purchasing an additional 1,164 shares in the last quarter. 99.42% of the stock is owned by hedge funds and other institutional investors.

Sensata Technologies Company Profile

Sensata Technologies Holdings N.V. is a global industrial technology company specializing in the design, development and manufacture of sensors and electrical protection solutions. The company’s product portfolio includes pressure, temperature, position, speed, current and magnetic sensors, as well as circuit breakers and other protection devices. Sensata’s offerings serve a wide array of end markets, with a particularly strong presence in automotive original equipment manufacturers (OEMs), industrial automation, heating, ventilation and air conditioning (HVAC), commercial aerospace and renewable energy sectors.

Headquartered in Attleboro, Massachusetts, Sensata operates a network of manufacturing and engineering facilities across North America, Europe, Asia Pacific and Latin America.