Analysts expect Sensata Technologies Holding plc (NYSE:ST) to announce $939.12 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Sensata Technologies’ earnings, with the highest sales estimate coming in at $948.00 million and the lowest estimate coming in at $935.10 million. Sensata Technologies reported sales of $788.31 million in the same quarter last year, which indicates a positive year-over-year growth rate of 19.1%. The company is scheduled to report its next earnings report on Tuesday, October 26th.
According to Zacks, analysts expect that Sensata Technologies will report full year sales of $3.82 billion for the current fiscal year, with estimates ranging from $3.81 billion to $3.84 billion. For the next financial year, analysts anticipate that the firm will report sales of $4.09 billion, with estimates ranging from $3.90 billion to $4.26 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Sensata Technologies.
Sensata Technologies (NYSE:ST) last announced its earnings results on Tuesday, July 27th. The scientific and technical instruments company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.07. The firm had revenue of $992.66 million during the quarter, compared to analysts’ expectations of $969.11 million. Sensata Technologies had a return on equity of 19.20% and a net margin of 10.06%. The business’s revenue was up 72.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.18 EPS.
In related news, CFO Paul S. Vasington sold 20,488 shares of Sensata Technologies stock in a transaction on Monday, June 28th. The stock was sold at an average price of $57.49, for a total value of $1,177,855.12. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.00% of the stock is currently owned by company insiders.
A number of large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its position in Sensata Technologies by 2.4% in the second quarter. Bank of America Corp DE now owns 1,370,554 shares of the scientific and technical instruments company’s stock valued at $79,452,000 after purchasing an additional 32,414 shares during the period. Parametric Portfolio Associates LLC increased its position in shares of Sensata Technologies by 5.2% during the second quarter. Parametric Portfolio Associates LLC now owns 193,732 shares of the scientific and technical instruments company’s stock worth $11,231,000 after acquiring an additional 9,517 shares during the last quarter. Comerica Bank increased its position in shares of Sensata Technologies by 42.1% during the second quarter. Comerica Bank now owns 152,047 shares of the scientific and technical instruments company’s stock worth $8,752,000 after acquiring an additional 45,057 shares during the last quarter. Morgan Stanley increased its position in shares of Sensata Technologies by 16.6% during the second quarter. Morgan Stanley now owns 1,969,420 shares of the scientific and technical instruments company’s stock worth $114,168,000 after acquiring an additional 280,996 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of Sensata Technologies by 2.3% during the second quarter. Wells Fargo & Company MN now owns 1,132,849 shares of the scientific and technical instruments company’s stock worth $65,672,000 after acquiring an additional 25,396 shares during the last quarter. 96.61% of the stock is currently owned by institutional investors.
ST traded up $0.01 on Friday, hitting $57.34. 563 shares of the company traded hands, compared to its average volume of 958,846. The company has a 50 day moving average of $57.79 and a 200-day moving average of $58.46. The company has a quick ratio of 3.19, a current ratio of 3.80 and a debt-to-equity ratio of 1.46. The stock has a market capitalization of $9.08 billion, a PE ratio of 24.82, a PEG ratio of 1.44 and a beta of 1.40. Sensata Technologies has a 12-month low of $40.46 and a 12-month high of $64.80.
Sensata Technologies Company Profile
Sensata Technologies Holding Plc is a global industrial technology company, which engages in the designing, manufacturing, and marketing of electromechanical, electronic sensors and controls. The firm operates through the following two segments: Performance Sensing and Sensing Solutions. The Performance Sensing segment designs and manufactures sensors for the automotive and heavy vehicle and off-road markets.
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