Equities analysts expect that Sensata Technologies Holding (NYSE:ST) will report $0.84 earnings per share (EPS) for the current quarter, Zacks reports. Five analysts have issued estimates for Sensata Technologies’ earnings. The lowest EPS estimate is $0.83 and the highest is $0.85. Sensata Technologies posted earnings of $0.71 per share during the same quarter last year, which would indicate a positive year over year growth rate of 18.3%. The firm is expected to issue its next earnings report on Tuesday, April 24th.
According to Zacks, analysts expect that Sensata Technologies will report full-year earnings of $3.65 per share for the current year, with EPS estimates ranging from $3.58 to $3.68. For the next year, analysts anticipate that the business will post earnings of $3.99 per share, with EPS estimates ranging from $3.82 to $4.09. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that cover Sensata Technologies.
Sensata Technologies (NYSE:ST) last released its earnings results on Thursday, February 1st. The scientific and technical instruments company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.02. Sensata Technologies had a return on equity of 25.40% and a net margin of 12.35%. The business had revenue of $840.53 million for the quarter, compared to analyst estimates of $822.31 million. During the same quarter last year, the firm posted $0.76 earnings per share. The business’s revenue was up 6.6% compared to the same quarter last year.
A number of analysts have weighed in on ST shares. Zacks Investment Research upgraded Sensata Technologies from a “hold” rating to a “buy” rating and set a $57.00 target price on the stock in a research note on Wednesday, December 27th. SunTrust Banks lowered Sensata Technologies from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Cowen reiterated a “hold” rating on shares of Sensata Technologies in a research note on Thursday, December 14th. Bank of America reiterated a “buy” rating and issued a $60.00 target price (up previously from $55.00) on shares of Sensata Technologies in a research note on Thursday, December 14th. Finally, Royal Bank of Canada restated a “buy” rating and set a $55.00 price target on shares of Sensata Technologies in a research note on Wednesday, December 13th. Seven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $57.00.
In other news, EVP Steven Beringhause sold 7,588 shares of the firm’s stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $51.18, for a total transaction of $388,353.84. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.00% of the company’s stock.
Several institutional investors have recently made changes to their positions in ST. Gates Capital Management Inc. purchased a new position in shares of Sensata Technologies during the fourth quarter valued at $69,841,000. Generation Investment Management LLP boosted its position in Sensata Technologies by 11.5% during the fourth quarter. Generation Investment Management LLP now owns 8,492,487 shares of the scientific and technical instruments company’s stock valued at $434,051,000 after purchasing an additional 878,917 shares in the last quarter. London Co. of Virginia bought a new stake in Sensata Technologies during the fourth quarter valued at about $41,251,000. Tesuji Partners LLC boosted its position in Sensata Technologies by 5.0% during the fourth quarter. Tesuji Partners LLC now owns 10,500,159 shares of the scientific and technical instruments company’s stock valued at $536,663,000 after purchasing an additional 500,000 shares in the last quarter. Finally, AXA boosted its position in Sensata Technologies by 56.2% during the fourth quarter. AXA now owns 1,354,776 shares of the scientific and technical instruments company’s stock valued at $69,242,000 after purchasing an additional 487,178 shares in the last quarter.
Sensata Technologies (ST) traded down $0.66 during mid-day trading on Friday, reaching $53.70. The company’s stock had a trading volume of 789,888 shares, compared to its average volume of 1,143,977. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.23 and a current ratio of 2.94. Sensata Technologies has a twelve month low of $38.71 and a twelve month high of $57.40. The stock has a market capitalization of $9,264.80, a price-to-earnings ratio of 22.66, a price-to-earnings-growth ratio of 1.48 and a beta of 1.52.
Sensata Technologies Company Profile
Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.
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