Sensata Technologies (ST) Set to Announce Earnings on Monday

Sensata Technologies (NYSE:ST) is scheduled to release its earnings data after the market closes on Monday, April 29th. Analysts expect Sensata Technologies to post earnings of $0.86 per share for the quarter. Sensata Technologies has set its Q1 2024 guidance at 0.820-0.880 EPS and its Q1 guidance at $0.82-0.88 EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings results on Tuesday, February 6th. The scientific and technical instruments company reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.86 by ($0.05). The company had revenue of $992.50 million during the quarter, compared to analysts’ expectations of $978.05 million. Sensata Technologies had a positive return on equity of 17.47% and a negative net margin of 0.10%. The business’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.96 EPS. On average, analysts expect Sensata Technologies to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Sensata Technologies Stock Performance

NYSE ST opened at $34.96 on Friday. The firm has a market cap of $5.26 billion, a price-to-earnings ratio of -699.06, a price-to-earnings-growth ratio of 0.84 and a beta of 1.37. The company has a quick ratio of 1.69, a current ratio of 2.55 and a debt-to-equity ratio of 1.13. The business has a 50-day moving average price of $35.06 and a 200-day moving average price of $34.71. Sensata Technologies has a twelve month low of $30.56 and a twelve month high of $47.41.

Sensata Technologies Dividend Announcement

The company also recently declared 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. This represents a $0.48 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date is Tuesday, May 7th. Sensata Technologies’s payout ratio is presently -959.81%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $36.00 price objective (down from $44.00) on shares of Sensata Technologies in a research note on Tuesday, April 9th. Oppenheimer upgraded Sensata Technologies from a “market perform” rating to an “outperform” rating and set a $50.00 price objective on the stock in a report on Tuesday, January 30th. Jefferies Financial Group initiated coverage on Sensata Technologies in a report on Tuesday, April 9th. They set a “hold” rating and a $40.00 price objective on the stock. JPMorgan Chase & Co. downgraded Sensata Technologies from a “neutral” rating to an “underweight” rating and reduced their price objective for the stock from $37.00 to $34.00 in a report on Monday, January 8th. Finally, Stifel Nicolaus reduced their price objective on Sensata Technologies from $40.00 to $36.00 and set a “hold” rating on the stock in a report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $39.25.

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.