Sensata Technologies (NYSE:ST – Get Free Report) posted its quarterly earnings results on Monday. The scientific and technical instruments company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.03, Briefing.com reports. Sensata Technologies had a positive return on equity of 17.47% and a negative net margin of 0.10%. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $986.51 million. During the same period in the prior year, the business earned $0.92 EPS. The firm’s revenue for the quarter was up .9% on a year-over-year basis. Sensata Technologies updated its Q2 guidance to $0.89-0.95 EPS and its Q2 2024 guidance to 0.890-0.950 EPS.
Sensata Technologies Stock Up 19.2 %
Shares of NYSE:ST opened at $42.61 on Tuesday. The company has a market cap of $6.41 billion, a price-to-earnings ratio of -713.46, a PEG ratio of 0.85 and a beta of 1.37. Sensata Technologies has a one year low of $30.56 and a one year high of $47.41. The firm has a fifty day moving average price of $35.10 and a two-hundred day moving average price of $34.65. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.55 and a quick ratio of 1.69.
Sensata Technologies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 22nd. Investors of record on Wednesday, May 8th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This represents a $0.48 annualized dividend and a yield of 1.13%. Sensata Technologies’s dividend payout ratio is currently -959.81%.
Wall Street Analysts Forecast Growth
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About Sensata Technologies
Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.
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