Brokerages Set Sensata Technologies Holding plc (NYSE:ST) PT at $44.40

Sensata Technologies Holding plc (NYSE:ST) has earned a consensus rating of “Hold” from the eleven brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $43.40.

ST has been the topic of a number of analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Sensata Technologies from $35.00 to $34.00 and set an “underweight” rating on the stock in a research note on Friday, October 4th. Evercore ISI reduced their price target on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating on the stock in a research report on Tuesday. The Goldman Sachs Group reduced their price target on shares of Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 1st. Vertical Research started coverage on shares of Sensata Technologies in a research report on Tuesday, July 23rd. They issued a “buy” rating and a $55.00 price target on the stock. Finally, Wolfe Research started coverage on shares of Sensata Technologies in a research report on Thursday, September 5th. They issued a “peer perform” rating on the stock.

Sensata Technologies Stock Performance

NYSE ST opened at $36.13 on Friday. The stock has a market cap of $5.45 billion, a P/E ratio of 903.48, a PEG ratio of 1.44 and a beta of 1.25. The company’s 50-day simple moving average is $36.13 and its 200 day simple moving average is $37.68. Sensata Technologies has a twelve month low of $30.56 and a twelve month high of $43.14. The company has a quick ratio of 1.31, a current ratio of 1.77 and a debt-to-equity ratio of 1.06.

Sensata Technologies (NYSE:ST) last posted its earnings results on Monday, July 29th. The scientific and technical instruments company reported $0.93 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.93. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.57%. The firm’s revenue for the quarter was down 2.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.97 earnings per share. As a group, research analysts forecast that Sensata Technologies will post 3.55 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Sensata Technologies

Large investors have recently modified their holdings of the stock. Foundry Partners LLC lifted its position in shares of Sensata Technologies by 11.8% during the first quarter. Foundry Partners LLC now owns 120,206 shares of the scientific and technical instruments company’s stock worth $4,416,000 after purchasing an additional 12,708 shares in the last quarter. Sei Investments Co. raised its stake in shares of Sensata Technologies by 178.4% during the first quarter. Sei Investments Co. now owns 367,005 shares of the scientific and technical instruments company’s stock worth $13,484,000 after buying an additional 235,170 shares during the last quarter. Alaska Permanent Fund Corp raised its stake in shares of Sensata Technologies by 320.9% during the first quarter. Alaska Permanent Fund Corp now owns 50,258 shares of the scientific and technical instruments company’s stock worth $1,846,000 after buying an additional 38,318 shares during the last quarter. Twin Tree Management LP raised its stake in shares of Sensata Technologies by 5,796.0% during the first quarter. Twin Tree Management LP now owns 100,939 shares of the scientific and technical instruments company’s stock worth $3,708,000 after buying an additional 99,227 shares during the last quarter. Finally, Illinois Municipal Retirement Fund raised its stake in shares of Sensata Technologies by 141.5% during the first quarter. Illinois Municipal Retirement Fund now owns 30,308 shares of the scientific and technical instruments company’s stock worth $1,114,000 after buying an additional 17,757 shares during the last quarter. 99.42% of the stock is currently owned by institutional investors and hedge funds.

Sensata Technologies Company Profile

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.