Sensata Technologies (NYSE:ST) Issues Q4 Earnings Guidance

Sensata Technologies (NYSE:ST) updated its fourth quarter earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $0.71-0.76 for the period, compared to the consensus 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.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. The Goldman Sachs Group dropped their target price on shares of Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating for the company in a report on Tuesday, October 1st. JPMorgan Chase & Co. cut their target price on shares of Sensata Technologies from $34.00 to $32.00 and set an “underweight” rating on the stock in a research report on Tuesday. Wolfe Research assumed coverage on shares of Sensata Technologies in a report on Thursday, September 5th. They set a “peer perform” rating for the company. Truist Financial cut their price objective on Sensata Technologies from $38.00 to $33.00 and set a “hold” rating on the stock in a report on Tuesday. Finally, UBS Group dropped their target price on Sensata Technologies from $44.00 to $39.00 and set a “buy” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $41.00.

Sensata Technologies Trading Up 0.5 %

Shares of NYSE:ST traded up $0.17 during trading on Thursday, reaching $33.63. The stock had a trading volume of 404,274 shares, compared to its average volume of 1,859,490. Sensata Technologies has a 52 week low of $30.56 and a 52 week high of $43.14. The firm’s fifty day moving average is $35.44 and its 200 day moving average is $37.65. The stock has a market cap of $5.08 billion, a price-to-earnings ratio of -61.96, a P/E/G ratio of 1.33 and a beta of 1.25. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.31 and a current ratio of 1.77.

Sensata Technologies (NYSE:ST) last posted its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, hitting the consensus estimate of $0.86. The firm had revenue of $982.80 million during the quarter, compared to analyst estimates 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 quarterly revenue was down 1.8% on a year-over-year basis. During the same period last year, the company posted $0.91 EPS. As a group, equities analysts forecast that Sensata Technologies will post 3.55 EPS for the current fiscal year.

Sensata Technologies Announces Dividend

The business also recently declared 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. This represents a $0.48 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Wednesday, November 13th. Sensata Technologies’s dividend payout ratio (DPR) is currently -88.89%.

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.