Sensata Technologies (NYSE:ST) Hits New 52-Week Low – Time to Sell?

Sensata Technologies Holding plc (NYSE:ST)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as $25.71 and last traded at $25.24, with a volume of 7136 shares. The stock had previously closed at $27.16.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ST shares. JPMorgan Chase & Co. dropped their price objective on Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating on the stock in a research note on Tuesday, November 5th. The Goldman Sachs Group dropped their price target on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. UBS Group dropped their price target on Sensata Technologies from $44.00 to $39.00 and set a “buy” rating on the stock in a research note on Wednesday, November 6th. Stifel Nicolaus dropped their price target on Sensata Technologies from $43.00 to $38.00 and set a “hold” rating on the stock in a research note on Tuesday, November 5th. Finally, Truist Financial dropped their price target on Sensata Technologies from $38.00 to $33.00 and set a “hold” rating on the stock in a research note on Tuesday, November 5th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Sensata Technologies has an average rating of “Hold” and an average price target of $39.58.

Sensata Technologies Trading Down 5.6 %

The company has a market capitalization of $3.83 billion, a price-to-earnings ratio of -47.47, a price-to-earnings-growth ratio of 0.82 and a beta of 1.23. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.76 and a current ratio of 2.60. The firm has a fifty day moving average price of $29.04 and a 200-day moving average price of $33.31.

Sensata Technologies (NYSE:ST) last released its earnings results 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 company had revenue of $982.80 million for the quarter, compared to analyst estimates of $983.93 million. Sensata Technologies had a positive return on equity of 17.68% and a negative net margin of 1.98%. Sensata Technologies’s quarterly revenue was down 1.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.91 EPS. As a group, equities analysts anticipate that Sensata Technologies Holding plc will post 3.44 EPS for the current year.

Sensata Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th will be paid a $0.12 dividend. This represents a $0.48 annualized dividend and a yield of 1.87%. The ex-dividend date is Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is presently -88.89%.

Institutional Trading of Sensata Technologies

Several large investors have recently bought and sold shares of the business. Blue Trust Inc. increased its holdings in Sensata Technologies by 738.7% in the fourth quarter. Blue Trust Inc. now owns 931 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 820 shares in the last quarter. Quarry LP grew its stake in Sensata Technologies by 227.1% in the second quarter. Quarry LP now owns 1,063 shares of the scientific and technical instruments company’s stock valued at $40,000 after acquiring an additional 738 shares during the period. Venturi Wealth Management LLC grew its stake in Sensata Technologies by 67.6% in the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock valued at $56,000 after acquiring an additional 817 shares during the period. Assetmark Inc. grew its stake in Sensata Technologies by 19.0% in the third quarter. Assetmark Inc. now owns 2,602 shares of the scientific and technical instruments company’s stock valued at $93,000 after acquiring an additional 416 shares during the period. Finally, R Squared Ltd acquired a new stake in Sensata Technologies in the fourth quarter valued at approximately $104,000. 99.42% of the stock is 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.