Shares of Sensata Technologies Holding (NYSE:ST) have earned a consensus rating of “Hold” from the thirteen analysts that are covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $55.60.

ST has been the subject of several analyst reports. Zacks Investment Research lowered Sensata Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. SunTrust Banks reaffirmed a “hold” rating and issued a $54.00 price objective on shares of Sensata Technologies in a research note on Friday, December 15th. Cowen reaffirmed a “hold” rating on shares of Sensata Technologies in a research note on Thursday, December 14th. Bank of America reaffirmed a “buy” rating and issued a $60.00 price objective (up from $55.00) on shares of Sensata Technologies in a research note on Thursday, December 14th. Finally, JPMorgan Chase & Co. set a $60.00 price objective on Sensata Technologies and gave the company a “buy” rating in a research note on Wednesday, December 13th.

Sensata Technologies (NYSE ST) opened at $54.74 on Friday. Sensata Technologies has a one year low of $38.71 and a one year high of $55.90. The company has a market capitalization of $9,323.66, a P/E ratio of 30.75, a P/E/G ratio of 1.53 and a beta of 1.47. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.04 and a current ratio of 2.76.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings results on Tuesday, October 24th. The scientific and technical instruments company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.01. Sensata Technologies had a return on equity of 25.75% and a net margin of 9.39%. The company had revenue of $819.10 million during the quarter, compared to analyst estimates of $803.14 million. During the same period in the prior year, the company earned $0.74 earnings per share. The firm’s revenue was up 3.7% on a year-over-year basis. equities analysts anticipate that Sensata Technologies will post 3.17 EPS for the current year.

In other news, COO Jeffrey J. Cote sold 13,311 shares of the stock in a transaction that occurred on Tuesday, October 31st. The stock was sold at an average price of $49.03, for a total value of $652,638.33. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Steven Beringhause sold 7,588 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $51.18, for a total value of $388,353.84. The disclosure for this sale can be found here. Over the last quarter, insiders sold 87,588 shares of company stock worth $4,258,599. Company insiders own 1.00% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Janus Henderson Group PLC increased its holdings in Sensata Technologies by 0.5% during the 3rd quarter. Janus Henderson Group PLC now owns 15,176,196 shares of the scientific and technical instruments company’s stock worth $729,519,000 after purchasing an additional 74,694 shares during the period. Vanguard Group Inc. increased its holdings in Sensata Technologies by 4.1% during the 2nd quarter. Vanguard Group Inc. now owns 13,794,761 shares of the scientific and technical instruments company’s stock worth $589,311,000 after purchasing an additional 545,783 shares during the period. BlackRock Inc. increased its holdings in Sensata Technologies by 68.4% during the 2nd quarter. BlackRock Inc. now owns 8,293,010 shares of the scientific and technical instruments company’s stock worth $354,278,000 after purchasing an additional 3,369,088 shares during the period. Goldman Sachs Group Inc. increased its holdings in Sensata Technologies by 18.2% during the 2nd quarter. Goldman Sachs Group Inc. now owns 4,720,010 shares of the scientific and technical instruments company’s stock worth $201,639,000 after purchasing an additional 725,786 shares during the period. Finally, State Street Corp increased its holdings in Sensata Technologies by 106.4% during the 2nd quarter. State Street Corp now owns 3,204,903 shares of the scientific and technical instruments company’s stock worth $136,915,000 after purchasing an additional 1,652,112 shares during the period.

WARNING: This story was posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another domain, it was stolen and reposted in violation of United States and international trademark and copyright laws. The original version of this story can be accessed at https://www.thecerbatgem.com/2018/01/19/sensata-technologies-holding-st-given-consensus-recommendation-of-hold-by-brokerages.html.

About Sensata Technologies

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.

Analyst Recommendations for Sensata Technologies (NYSE:ST)

Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.