Sensata Technologies (NYSE:ST) Issues Q4 Earnings Guidance

Sensata Technologies (NYSE:ST) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided EPS guidance of $0.71-0.76 for the period, compared to the consensus EPS estimate of $0.85. The company issued revenue guidance of $870-900 million, compared to the consensus revenue estimate of $957.61 million. Sensata Technologies also updated its Q4 2024 guidance to 0.710-0.760 EPS.

Sensata Technologies Stock Down 2.4 %

ST traded down $0.84 on Monday, hitting $33.64. 2,346,150 shares of the company were exchanged, compared to its average volume of 1,860,234. Sensata Technologies has a twelve month low of $30.56 and a twelve month high of $43.14. The company has a market cap of $5.08 billion, a price-to-earnings ratio of 841.00, a price-to-earnings-growth ratio of 1.36 and a beta of 1.25. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06. The firm has a 50-day moving average price of $35.75 and a two-hundred day moving average price of $37.70.

Sensata Technologies Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ST. Wolfe Research began coverage on Sensata Technologies in a report on Thursday, September 5th. They set a “peer perform” rating for the company. The Goldman Sachs Group decreased their price target on Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating for the company in a report on Tuesday, October 1st. Vertical Research began coverage on Sensata Technologies in a report on Tuesday, July 23rd. They set a “buy” rating and a $55.00 price target for the company. Oppenheimer decreased their price target on Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating for the company in a report on Wednesday, July 31st. Finally, Evercore ISI decreased their price target on Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating for the company in a report on Tuesday, October 15th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $43.40.

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.