Sensata Technologies Holding NV (NYSE:ST) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Thursday.

According to Zacks, “Sensata Technologies B.V., through its subsidiaries, is a supplier of sensing, electrical protection, control and power management solutions. The Company produces a range of sensors and controls for mission critical applications, such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors. Sensata’s products include pressure sensors, force sensors, position sensors, motor protectors, and thermal and magnetic-hydraulic circuit breakers and switches. It develops solutions for specific customer requirements or applications across automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning, data, telecommunications, recreational vehicle and marine applications. Sensata Technologies B.V. is based in Almelo, the Netherlands. “

ST has been the subject of a number of other reports. Citigroup Inc. lifted their price target on Sensata Technologies Holding NV from $38.00 to $45.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 27th. BMO Capital Markets reiterated a “hold” rating and issued a $38.00 price target on shares of Sensata Technologies Holding NV in a research note on Wednesday, July 27th. Oppenheimer Holdings Inc. lifted their price target on Sensata Technologies Holding NV from $45.00 to $48.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 27th. Finally, TheStreet upgraded Sensata Technologies Holding NV from a “hold” rating to a “buy” rating in a research note on Thursday, September 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $44.20.

Analyst Recommendations for Sensata Technologies Holding NV (NYSE:ST)

Sensata Technologies Holding NV (NYSE:ST) opened at 38.39 on Thursday. Sensata Technologies Holding NV has a 52-week low of $29.92 and a 52-week high of $46.90. The firm has a market cap of $6.56 billion, a PE ratio of 15.86 and a beta of 1.37. The firm’s 50-day moving average price is $37.08 and its 200 day moving average price is $37.08.

Sensata Technologies Holding NV (NYSE:ST) last announced its earnings results on Tuesday, October 25th. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.01. The company earned $789.80 million during the quarter, compared to the consensus estimate of $156 million. Sensata Technologies Holding NV had a return on equity of 27.16% and a net margin of 13.19%. The company’s revenue was up 8.6% on a year-over-year basis. During the same period last year, the firm earned $0.72 earnings per share. On average, equities analysts anticipate that Sensata Technologies Holding NV will post $2.87 earnings per share for the current year.

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Several large investors have recently added to or reduced their stakes in the stock. Price T Rowe Associates Inc. MD boosted its stake in Sensata Technologies Holding NV by 1.5% in the third quarter. Price T Rowe Associates Inc. MD now owns 23,245,715 shares of the company’s stock worth $901,469,000 after buying an additional 348,201 shares during the period. Vanguard Group Inc. boosted its stake in Sensata Technologies Holding NV by 2.3% in the second quarter. Vanguard Group Inc. now owns 12,145,477 shares of the company’s stock worth $423,755,000 after buying an additional 271,800 shares during the period. Janus Capital Management LLC boosted its stake in Sensata Technologies Holding NV by 5.4% in the second quarter. Janus Capital Management LLC now owns 11,098,140 shares of the company’s stock worth $387,205,000 after buying an additional 567,222 shares during the period. Generation Investment Management LLP boosted its stake in Sensata Technologies Holding NV by 16.8% in the third quarter. Generation Investment Management LLP now owns 5,664,705 shares of the company’s stock worth $219,677,000 after buying an additional 815,605 shares during the period. Finally, Franklin Resources Inc. boosted its stake in Sensata Technologies Holding NV by 13.5% in the second quarter. Franklin Resources Inc. now owns 4,309,693 shares of the company’s stock worth $150,365,000 after buying an additional 513,423 shares during the period. 98.62% of the stock is currently owned by institutional investors.

About Sensata Technologies Holding NV

Sensata Technologies Holding N.V. is a global 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. The Company produces a range of sensors and controls for applications, such as thermal circuit breakers in aircraft, pressure sensors in automotive systems, and bimetal current and temperature control devices in electric motors.

5 Day Chart for NYSE:ST

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