Sensata Technologies Holding PLC (ST) Expected to Post Quarterly Sales of $862.98 Million

Brokerages expect that Sensata Technologies Holding PLC (NYSE:ST) will post $862.98 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for Sensata Technologies’ earnings. The highest sales estimate is $868.00 million and the lowest is $859.69 million. Sensata Technologies posted sales of $840.53 million in the same quarter last year, which suggests a positive year over year growth rate of 2.7%. The business is scheduled to issue its next quarterly earnings results on Thursday, February 7th.

According to Zacks, analysts expect that Sensata Technologies will report full year sales of $3.52 billion for the current year, with estimates ranging from $3.50 billion to $3.54 billion. For the next financial year, analysts forecast that the firm will report sales of $3.61 billion, with estimates ranging from $3.52 billion to $3.66 billion. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for Sensata Technologies.

Sensata Technologies (NYSE:ST) last issued its earnings results on Tuesday, October 30th. The scientific and technical instruments company reported $0.91 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.91. The firm had revenue of $873.60 million for the quarter, compared to analyst estimates of $864.62 million. Sensata Technologies had a return on equity of 25.09% and a net margin of 13.09%. Sensata Technologies’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.81 earnings per share.



ST has been the subject of a number of analyst reports. Canaccord Genuity initiated coverage on Sensata Technologies in a report on Friday, August 3rd. They issued a “buy” rating and a $70.00 price target for the company. Barclays set a $59.00 price target on Sensata Technologies and gave the company a “buy” rating in a report on Wednesday. BMO Capital Markets reissued a “hold” rating and issued a $41.00 price target on shares of Sensata Technologies in a report on Tuesday. Zacks Investment Research raised Sensata Technologies from a “hold” rating to a “buy” rating and set a $59.00 price target for the company in a report on Friday, July 27th. Finally, SunTrust Banks decreased their price target on Sensata Technologies to $49.00 and set a “hold” rating for the company in a report on Wednesday. One research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $56.58.

NYSE:ST traded down $0.62 during trading hours on Wednesday, reaching $46.63. The company had a trading volume of 24,580 shares, compared to its average volume of 1,473,408. Sensata Technologies has a 1-year low of $41.12 and a 1-year high of $57.40. The company has a market capitalization of $7.26 billion, a PE ratio of 14.64, a PEG ratio of 1.08 and a beta of 1.60. The company has a current ratio of 3.38, a quick ratio of 2.65 and a debt-to-equity ratio of 1.29.

In other news, Director Thomas Wroe, Jr. sold 17,200 shares of the stock in a transaction on Thursday, August 9th. The stock was sold at an average price of $55.86, for a total transaction of $960,792.00. Following the completion of the transaction, the director now directly owns 25,344 shares in the company, valued at approximately $1,415,715.84. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Jeffrey J. Cote sold 570 shares of the stock in a transaction on Monday, October 1st. The stock was sold at an average price of $50.00, for a total value of $28,500.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 43,817 shares of company stock valued at $2,417,709. Corporate insiders own 2.00% of the company’s stock.

A number of hedge funds have recently bought and sold shares of ST. Tesuji Partners LLC acquired a new stake in Sensata Technologies in the 2nd quarter valued at about $501,593,000. Schroder Investment Management Group grew its stake in Sensata Technologies by 431.2% during the 2nd quarter. Schroder Investment Management Group now owns 741,728 shares of the scientific and technical instruments company’s stock worth $35,292,000 after buying an additional 602,102 shares during the last quarter. Renaissance Technologies LLC purchased a new position in Sensata Technologies during the 2nd quarter worth approximately $15,687,000. Markel Corp purchased a new position in Sensata Technologies during the 2nd quarter worth approximately $7,993,000. Finally, First Trust Advisors LP purchased a new position in Sensata Technologies during the 2nd quarter worth approximately $6,669,000.

Sensata Technologies Company Profile

Sensata Technologies Holding PLC would be operating as a holding company for Sensata Technologies Holding N.V. that develops, manufactures, and sells sensors and controls in the Americas, Asia, and Europe. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment supplies pressure sensors, speed and position sensors, temperature sensors, and pressure switches.

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

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