Sensata Technologies Holding PLC (NYSE:ST) – Equities research analysts at Oppenheimer lifted their FY2020 earnings per share (EPS) estimates for shares of Sensata Technologies in a report issued on Wednesday, October 14th. Oppenheimer analyst C. Glynn now forecasts that the scientific and technical instruments company will post earnings per share of $1.92 for the year, up from their prior forecast of $1.80. Oppenheimer also issued estimates for Sensata Technologies’ FY2021 earnings at $2.95 EPS.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Tuesday, July 28th. The scientific and technical instruments company reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.02. The business had revenue of $576.51 million during the quarter, compared to analysts’ expectations of $576.02 million. Sensata Technologies had a net margin of 2.96% and a return on equity of 15.56%. Sensata Technologies’s revenue for the quarter was down 34.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.93 earnings per share.

Several other equities research analysts have also issued reports on the stock. Zacks Investment Research raised shares of Sensata Technologies from a “strong sell” rating to a “hold” rating and set a $39.00 price target on the stock in a report on Tuesday, July 7th. Goldman Sachs Group raised shares of Sensata Technologies from a “buy” rating to a “conviction-buy” rating in a report on Thursday, July 9th. Atlantic Securities raised shares of Sensata Technologies from a “neutral” rating to an “overweight” rating and set a $53.00 price target on the stock in a report on Monday, July 13th. Barclays boosted their price target on shares of Sensata Technologies from $44.00 to $49.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Finally, Berenberg Bank assumed coverage on shares of Sensata Technologies in a report on Tuesday, October 6th. They issued a “buy” rating and a $55.00 price target on the stock. Ten research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $46.69.

NYSE:ST opened at $47.29 on Friday. The stock has a market cap of $7.43 billion, a P/E ratio of 84.45, a PEG ratio of 2.16 and a beta of 1.64. Sensata Technologies has a one year low of $18.25 and a one year high of $54.72. The company has a fifty day moving average price of $43.56 and a 200 day moving average price of $38.43. The company has a debt-to-equity ratio of 1.30, a current ratio of 2.46 and a quick ratio of 1.93.

Several institutional investors and hedge funds have recently modified their holdings of the company. Marshall Wace North America L.P. bought a new position in shares of Sensata Technologies in the first quarter valued at $77,000. Amundi Pioneer Asset Management Inc. grew its stake in shares of Sensata Technologies by 1.0% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 141,356 shares of the scientific and technical instruments company’s stock valued at $6,365,000 after buying an additional 1,433 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Sensata Technologies by 52.3% in the first quarter. Victory Capital Management Inc. now owns 105,123 shares of the scientific and technical instruments company’s stock valued at $3,041,000 after buying an additional 36,084 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Sensata Technologies by 49.0% in the first quarter. Principal Financial Group Inc. now owns 22,891 shares of the scientific and technical instruments company’s stock valued at $662,000 after buying an additional 7,529 shares in the last quarter. Finally, Federated Hermes Inc. bought a new position in shares of Sensata Technologies in the first quarter valued at $563,000. 96.36% of the stock is owned by institutional investors.

In related news, Director Thomas Wroe, Jr. sold 3,431 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $41.11, for a total transaction of $141,048.41. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.00% of the stock is currently owned by corporate insiders.

Sensata Technologies Company Profile

Sensata Technologies Holding plc, through its subsidiary, Sensata Technologies Holding N.V., develops, manufactures, and sells a range of sensors and controls in the Americas, Asia, Europe, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures pressure sensors, speed and position sensors, and temperature sensors.

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Earnings History and Estimates for Sensata Technologies (NYSE:ST)

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