Sensata Technologies Holding PLC (ST) Expected to Announce Quarterly Sales of $866.11 Million
Analysts forecast that Sensata Technologies Holding PLC (NYSE:ST) will announce $866.11 million in sales for the current quarter, according to Zacks. Five analysts have issued estimates for Sensata Technologies’ earnings, with estimates ranging from $859.96 million to $871.80 million. Sensata Technologies reported sales of $840.53 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 3%. The company is scheduled to report its next earnings report on Thursday, February 7th.
On average, analysts expect that Sensata Technologies will report full year sales of $3.54 billion for the current financial year, with estimates ranging from $3.53 billion to $3.55 billion. For the next year, analysts expect that the business will post sales of $3.63 billion, with estimates ranging from $3.52 billion to $3.70 billion. Zacks’ 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 quarterly earnings results on Tuesday, October 30th. The scientific and technical instruments company reported $0.91 earnings per share for the quarter, hitting the consensus estimate of $0.91. The company had revenue of $873.60 million for the quarter, compared to the consensus estimate of $864.62 million. Sensata Technologies had a return on equity of 25.28% and a net margin of 14.63%. The firm’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period last year, the firm earned $0.81 EPS.
In other news, EVP Jeffrey J. Cote sold 570 shares of the firm’s stock in a transaction dated Monday, October 1st. The stock was sold at an average price of $50.00, for a total transaction of $28,500.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.00% of the stock is owned by company insiders.
Several large investors have recently bought and sold shares of ST. Tesuji Partners LLC purchased a new position in Sensata Technologies in the 2nd quarter valued at about $501,593,000. Neuberger Berman Group LLC lifted its stake in Sensata Technologies by 26.9% in the 3rd quarter. Neuberger Berman Group LLC now owns 2,974,204 shares of the scientific and technical instruments company’s stock worth $147,404,000 after purchasing an additional 630,222 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Sensata Technologies by 28.4% in the 3rd quarter. Wells Fargo & Company MN now owns 2,256,995 shares of the scientific and technical instruments company’s stock worth $111,834,000 after purchasing an additional 499,374 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Sensata Technologies by 3.2% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,049,375 shares of the scientific and technical instruments company’s stock worth $101,547,000 after purchasing an additional 63,227 shares in the last quarter. Finally, CI Investments Inc. lifted its stake in Sensata Technologies by 7.7% in the 3rd quarter. CI Investments Inc. now owns 1,456,900 shares of the scientific and technical instruments company’s stock worth $72,189,000 after purchasing an additional 103,600 shares in the last quarter.
Shares of ST opened at $45.97 on Friday. The stock has a market cap of $7.94 billion, a price-to-earnings ratio of 14.41, a P/E/G ratio of 1.11 and a beta of 1.55. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.35 and a current ratio of 3.10. Sensata Technologies has a fifty-two week low of $41.12 and a fifty-two week high of $57.40.
About Sensata Technologies
Sensata Technologies Holding PLC would be operating as a holding company for Sensata Technologies Holding N.V. that develops, manufactures, and sells sensors and controls in the Americas, Asia, and Europe. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment supplies pressure sensors, speed and position sensors, temperature sensors, and pressure switches.
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