Sensata Technologies (NYSE:ST) Hits New 1-Year Low – Here’s Why

Sensata Technologies Holding plc (NYSE:ST) reached a new 52-week low during trading on Friday . The company traded as low as $24.42 and last traded at $24.68, with a volume of 958356 shares changing hands. The stock had previously closed at $26.12.

Analysts Set New Price Targets

ST has been the subject of a number of research reports. Oppenheimer reduced their price target on shares of Sensata Technologies from $44.00 to $40.00 and set an “outperform” rating for the company in a research report on Thursday, February 13th. Evercore ISI decreased their target price on Sensata Technologies from $43.00 to $40.00 and set an “outperform” rating for the company in a research report on Friday, January 17th. The Goldman Sachs Group cut their price target on Sensata Technologies from $36.00 to $32.00 and set a “neutral” rating on the stock in a research report on Thursday, January 16th. Finally, UBS Group decreased their price objective on Sensata Technologies from $38.00 to $37.00 and set a “buy” rating for the company in a report on Wednesday, February 12th. 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $39.08.

Sensata Technologies Trading Down 5.1 %

The company has a fifty day moving average of $27.80 and a two-hundred day moving average of $30.68. The company has a quick ratio of 1.99, a current ratio of 2.85 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $3.71 billion, a price-to-earnings ratio of 29.51, a P/E/G ratio of 1.25 and a beta of 1.20.

Sensata Technologies (NYSE:ST) last released its earnings results on Tuesday, February 11th. The scientific and technical instruments company reported $0.76 EPS for the quarter, hitting the consensus estimate of $0.76. Sensata Technologies had a net margin of 3.27% and a return on equity of 17.54%. On average, research analysts expect that Sensata Technologies Holding plc will post 3.21 EPS for the current year.

Sensata Technologies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.94%. The ex-dividend date of this dividend was Wednesday, February 12th. Sensata Technologies’s dividend payout ratio (DPR) is 57.14%.

Institutional Trading of Sensata Technologies

A number of institutional investors have recently modified their holdings of the business. Blue Trust Inc. lifted 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 valued at $26,000 after acquiring an additional 820 shares during the period. Brown Brothers Harriman & Co. purchased a new stake in Sensata Technologies during the fourth quarter worth about $27,000. Venturi Wealth Management LLC grew its position in Sensata Technologies by 67.6% during the fourth quarter. Venturi Wealth Management LLC now owns 2,026 shares of the scientific and technical instruments company’s stock worth $56,000 after buying an additional 817 shares during the period. Quarry LP increased its holdings in Sensata Technologies by 61.2% in the third quarter. Quarry LP now owns 1,714 shares of the scientific and technical instruments company’s stock valued at $61,000 after buying an additional 651 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its stake in shares of Sensata Technologies by 48.2% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,523 shares of the scientific and technical instruments company’s stock worth $69,000 after acquiring an additional 820 shares in the last quarter. 99.42% of the stock is currently owned by hedge funds and other institutional investors.

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.