Sensata Technologies (NYSE:ST) Updates Q4 Earnings Guidance

Sensata Technologies (NYSE:ST) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.71-0.76 for the period, compared to the consensus estimate of $0.85. The company issued revenue guidance of $870-900 million, compared to the consensus revenue estimate of $957.61 million. Sensata Technologies also updated its Q4 2024 guidance to 0.710-0.760 EPS.

Analyst Ratings Changes

Several research firms have weighed in on ST. Truist Financial cut their price objective on Sensata Technologies from $38.00 to $33.00 and set a “hold” rating on the stock in a research report on Tuesday. Evercore ISI dropped their price target on Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 15th. Wolfe Research began coverage on Sensata Technologies in a research report on Thursday, September 5th. They issued a “peer perform” rating for the company. The Goldman Sachs Group cut their price objective on shares of Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 1st. Finally, Vertical Research began coverage on shares of Sensata Technologies in a research note on Tuesday, July 23rd. They issued a “buy” rating and a $55.00 target price on the stock. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Sensata Technologies presently has an average rating of “Hold” and a consensus price target of $41.10.

Sensata Technologies Price Performance

ST stock traded down $2.17 during mid-day trading on Tuesday, hitting $31.47. The company had a trading volume of 971,464 shares, compared to its average volume of 1,856,083. The company has a market capitalization of $4.75 billion, a price-to-earnings ratio of 790.20, a P/E/G ratio of 1.36 and a beta of 1.25. The company has a 50-day moving average price of $35.65 and a 200 day moving average price of $37.70. The company has a quick ratio of 1.31, a current ratio of 1.77 and a debt-to-equity ratio of 1.06. Sensata Technologies has a 12-month low of $30.56 and a 12-month high of $43.14.

Sensata Technologies (NYSE:ST) last issued its quarterly earnings data on Monday, November 4th. The scientific and technical instruments company reported $0.86 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.86. The business had revenue of $982.80 million for the quarter, compared to the consensus estimate of $983.93 million. Sensata Technologies had a return on equity of 17.57% and a net margin of 0.21%. The company’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.91 earnings per share. On average, research analysts anticipate that Sensata Technologies will post 3.55 earnings per share for the current year.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be paid a dividend of $0.12 per share. The ex-dividend date of this dividend is Wednesday, November 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.53%. Sensata Technologies’s dividend payout ratio is currently 1,200.30%.

Sensata Technologies Company Profile

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.