Sensata Technologies Holding N.V. (NYSE:ST) has been given a consensus rating of “Buy” by the ten brokerages that are covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $48.86.
ST has been the subject of a number of recent analyst reports. Stifel Nicolaus restated a “buy” rating and set a $51.00 target price (up previously from $48.00) on shares of Sensata Technologies Holding N.V. in a report on Wednesday, July 26th. BidaskClub downgraded Sensata Technologies Holding N.V. from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Zacks Investment Research upgraded Sensata Technologies Holding N.V. from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a report on Thursday, July 27th. Finally, BMO Capital Markets set a $42.00 target price on Sensata Technologies Holding N.V. and gave the company a “hold” rating in a report on Wednesday, July 26th.
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Shares of Sensata Technologies Holding N.V. (ST) opened at 48.60 on Wednesday. Sensata Technologies Holding N.V. has a 52-week low of $35.10 and a 52-week high of $48.85. The firm’s 50-day moving average is $47.57 and its 200-day moving average is $47.57. The firm has a market cap of $8.32 billion, a P/E ratio of 29.10 and a beta of 1.47.
Sensata Technologies Holding N.V. (NYSE:ST) last announced its earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.03. The company had revenue of $839.90 million during the quarter, compared to the consensus estimate of $835.09 million. Sensata Technologies Holding N.V. had a return on equity of 26.18% and a net margin of 8.91%. The firm’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.73 earnings per share. Analysts anticipate that Sensata Technologies Holding N.V. will post $3.17 earnings per share for the current year.
In related news, Director Thomas Wroe, Jr. sold 5,024 shares of the company’s stock in a transaction on Thursday, July 13th. The stock was sold at an average price of $44.80, for a total value of $225,075.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 90,024 shares of company stock worth $4,110,225. 1.00% of the stock is owned by insiders.
Hedge funds have recently modified their holdings of the stock. Huntington National Bank grew its stake in Sensata Technologies Holding N.V. by 6.0% in the second quarter. Huntington National Bank now owns 2,885 shares of the scientific and technical instruments company’s stock worth $123,000 after purchasing an additional 164 shares during the period. Tredje AP fonden grew its stake in Sensata Technologies Holding N.V. by 174.7% in the second quarter. Tredje AP fonden now owns 4,780 shares of the scientific and technical instruments company’s stock worth $204,000 after purchasing an additional 3,040 shares during the period. Aberdeen Asset Management PLC UK purchased a new stake in Sensata Technologies Holding N.V. in the second quarter worth $206,000. Cambridge Investment Research Advisors Inc. purchased a new stake in Sensata Technologies Holding N.V. in the second quarter worth $216,000. Finally, QCM Cayman Ltd. grew its stake in Sensata Technologies Holding N.V. by 1.4% in the second quarter. QCM Cayman Ltd. now owns 5,210 shares of the scientific and technical instruments company’s stock worth $223,000 after purchasing an additional 74 shares during the period.
About Sensata Technologies Holding N.V.
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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