Sensata Technologies (NYSE:ST) Releases Q4 2024 Earnings Guidance

Sensata Technologies (NYSE:ST) updated its fourth quarter 2024 earnings guidance on Monday. The company provided earnings per share guidance of 0.710-0.760 for the period, compared to the consensus earnings per share estimate of 0.850. The company issued revenue guidance of $870.0 million-$900.0 million, compared to the consensus revenue estimate of $957.3 million. Sensata Technologies also updated its Q4 guidance to $0.71-0.76 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Bank of America decreased their target price on shares of Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 30th. The Goldman Sachs Group cut their target price on shares of Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating for the company in a research report on Tuesday, October 1st. Oppenheimer cut their target price on shares of Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating for the company in a research note on Wednesday, July 31st. Vertical Research began coverage on shares of Sensata Technologies in a report on Tuesday, July 23rd. They issued a “buy” rating and a $55.00 target price for the company. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Sensata Technologies from $35.00 to $34.00 and set an “underweight” rating for the company in a report on Friday, October 4th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Sensata Technologies currently has an average rating of “Hold” and an average target price of $43.40.

Sensata Technologies Stock Performance

Shares of NYSE ST traded down $0.84 during trading on Monday, reaching $33.64. 2,346,287 shares of the stock traded hands, compared to its average volume of 1,860,234. The company has a 50-day moving average of $35.75 and a 200-day moving average of $37.70. Sensata Technologies has a 52-week low of $30.56 and a 52-week high of $43.14. The stock has a market capitalization of $5.08 billion, a P/E ratio of 841.00, a price-to-earnings-growth ratio of 1.36 and a beta of 1.25. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.77 and a quick ratio of 1.31.

Sensata Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th will be given a $0.12 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.43%. Sensata Technologies’s dividend payout ratio is currently 1,200.00%.

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.