Sensata Technologies Holding N.V. (NYSE:ST) has received an average rating of “Buy” from the ten brokerages that are currently covering the firm. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $45.71.
A number of equities research analysts have recently weighed in on ST shares. Zacks Investment Research raised Sensata Technologies Holding N.V. from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a research note on Thursday, February 2nd. TheStreet raised Sensata Technologies Holding N.V. from a “hold” rating to a “buy” rating in a research note on Monday, December 19th. RBC Capital Markets reaffirmed a “hold” rating and issued a $40.00 price objective on shares of Sensata Technologies Holding N.V. in a research note on Wednesday, January 4th. Finally, Royal Bank Of Canada raised Sensata Technologies Holding N.V. from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from $40.00 to $46.00 in a research note on Monday, January 9th.
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Shares of Sensata Technologies Holding N.V. (NYSE:ST) traded down 0.14% on Friday, reaching $41.41. The company had a trading volume of 515,535 shares. Sensata Technologies Holding N.V. has a 52 week low of $32.07 and a 52 week high of $43.68. The company has a 50 day moving average of $41.35 and a 200-day moving average of $38.90. The company has a market capitalization of $7.08 billion, a P/E ratio of 27.07 and a beta of 1.37.
Sensata Technologies Holding N.V. (NYSE:ST) last issued its quarterly earnings data on Thursday, February 2nd. The company reported $0.76 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.02. Sensata Technologies Holding N.V. had a return on equity of 27.11% and a net margin of 8.20%. The business earned $788.40 million during the quarter, compared to analysts’ expectations of $785.92 million. During the same period in the previous year, the firm posted $0.66 earnings per share. The company’s revenue was up 8.5% on a year-over-year basis. Analysts predict that Sensata Technologies Holding N.V. will post $3.15 earnings per share for the current fiscal year.
In related news, EVP Steven Beringhause sold 50,000 shares of Sensata Technologies Holding N.V. stock in a transaction on Monday, February 6th. The stock was sold at an average price of $41.03, for a total value of $2,051,500.00. Following the completion of the transaction, the executive vice president now directly owns 115,477 shares in the company, valued at $4,738,021.31. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company 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 the stock. Ledyard National Bank raised its position in Sensata Technologies Holding N.V. by 77.8% in the third quarter. Ledyard National Bank now owns 3,520 shares of the company’s stock worth $137,000 after buying an additional 1,540 shares during the period. Tredje AP fonden raised its position in Sensata Technologies Holding N.V. by 50.1% in the fourth quarter. Tredje AP fonden now owns 3,753 shares of the company’s stock worth $146,000 after buying an additional 1,253 shares during the period. Mn Services Vermogensbeheer B.V. raised its position in Sensata Technologies Holding N.V. by 3.7% in the third quarter. Mn Services Vermogensbeheer B.V. now owns 4,372 shares of the company’s stock worth $170,000 after buying an additional 157 shares during the period. Keybank National Association OH bought a new position in Sensata Technologies Holding N.V. during the fourth quarter worth about $202,000. Finally, Teza Capital Management LLC bought a new position in Sensata Technologies Holding N.V. during the fourth quarter worth about $211,000.
Sensata Technologies Holding N.V. Company Profile
Sensata Technologies Holding N.V. is a global 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. The Company produces a range of sensors and controls for applications, such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors.
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