Sensata Technologies (NYSE:ST) Hits New 1-Year Low – Time to Sell?

Sensata Technologies Holding plc (NYSE:ST)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $21.22 and last traded at $21.31, with a volume of 800412 shares. The stock had previously closed at $24.61.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. UBS Group cut their target price on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating on the stock in a research note on Wednesday, February 12th. Evercore ISI cut shares of Sensata Technologies from an “outperform” rating to an “inline” rating and dropped their price target for the stock from $40.00 to $27.00 in a research note on Thursday. The Goldman Sachs Group cut their price objective on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating for the company in a research note on Thursday, January 16th. Finally, Oppenheimer decreased their price target on Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating on the stock in a report on Thursday, February 13th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $38.00.

Sensata Technologies Trading Down 17.8 %

The company has a debt-to-equity ratio of 1.11, a current ratio of 2.85 and a quick ratio of 1.99. The company has a 50-day moving average of $27.54 and a 200 day moving average of $30.47. The company has a market cap of $3.03 billion, a PE ratio of 24.15, a price-to-earnings-growth ratio of 1.25 and a beta of 1.20.

Sensata Technologies (NYSE:ST) last released its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 earnings per share for the quarter, meeting the consensus estimate of $0.76. Sensata Technologies had a return on equity of 17.54% and a net margin of 3.27%. Analysts predict that Sensata Technologies Holding plc will post 3.21 earnings per share for the current year.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a dividend of $0.12 per share. The ex-dividend date was Wednesday, February 12th. This represents a $0.48 annualized dividend and a yield of 2.37%. Sensata Technologies’s payout ratio is 57.14%.

Institutional Trading of Sensata Technologies

Several institutional investors have recently added to or reduced their stakes in ST. Janus Henderson Group PLC lifted its stake in shares of Sensata Technologies by 0.5% during the 4th quarter. Janus Henderson Group PLC now owns 9,767,232 shares of the scientific and technical instruments company’s stock worth $267,621,000 after acquiring an additional 44,233 shares during the last quarter. Price T Rowe Associates Inc. MD increased its stake in Sensata Technologies by 36.4% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,821,428 shares of the scientific and technical instruments company’s stock worth $214,308,000 after purchasing an additional 2,088,161 shares during the period. Boston Partners lifted its position in shares of Sensata Technologies by 11.6% during the fourth quarter. Boston Partners now owns 6,526,941 shares of the scientific and technical instruments company’s stock worth $179,087,000 after purchasing an additional 677,316 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Sensata Technologies by 12.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 5,808,186 shares of the scientific and technical instruments company’s stock valued at $159,143,000 after purchasing an additional 648,028 shares during the period. Finally, State Street Corp grew its holdings in shares of Sensata Technologies by 0.4% in the third quarter. State Street Corp now owns 5,470,903 shares of the scientific and technical instruments company’s stock worth $196,187,000 after purchasing an additional 23,946 shares during the last quarter. Institutional investors own 99.42% of the company’s stock.

About Sensata Technologies

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.