Sensata Technologies (NYSE:ST – Get Free Report) updated its fourth quarter 2024 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of 0.710-0.760 for the period, compared to the consensus 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.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on the stock. Evercore ISI dropped their target price 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, October 15th. UBS Group lowered their target price on Sensata Technologies from $44.00 to $39.00 and set a “buy” rating on the stock in a report on Wednesday. Stifel Nicolaus reduced their target price on Sensata Technologies from $43.00 to $38.00 and set a “hold” rating on the stock in a research report on Tuesday. Vertical Research assumed coverage on Sensata Technologies in a research note on Tuesday, July 23rd. They set a “buy” rating and a $55.00 price target for the company. Finally, Bank of America lowered their target price on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating for the company in a research note on Tuesday, July 30th. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Sensata Technologies has a consensus rating of “Hold” and a consensus target price of $41.00.
View Our Latest Report on Sensata Technologies
Sensata Technologies Stock Performance
Sensata Technologies (NYSE:ST – Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.86. The firm had revenue of $982.80 million for the quarter, compared to the consensus estimate of $983.93 million. Sensata Technologies had a positive return on equity of 17.63% and a negative net margin of 1.98%. The business’s revenue for the quarter was down 1.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.91 EPS. On average, equities analysts anticipate that Sensata Technologies will post 3.55 earnings per share for the current year.
Sensata Technologies Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th will be paid a $0.12 dividend. The ex-dividend date is Wednesday, November 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.43%. Sensata Technologies’s payout ratio is -88.89%.
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.
Featured Stories
- Five stocks we like better than Sensata Technologies
- Investing in the High PE Growth Stocks
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- What Is WallStreetBets and What Stocks Are They Targeting?
- Breakout Alert: Qualcomm Just Hit The Rally Button
- Why Are Stock Sectors Important to Successful Investing?
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.