Sensata Technologies (NYSE:ST) Given New $38.00 Price Target at Stifel Nicolaus

Sensata Technologies (NYSE:ST) had its target price decreased by stock analysts at Stifel Nicolaus from $43.00 to $38.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage currently has a “hold” rating on the scientific and technical instruments company’s stock. Stifel Nicolaus’ price target suggests a potential upside of 20.06% from the company’s current price.

ST has been the topic of a number of other reports. Evercore ISI dropped their price objective on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 15th. Oppenheimer decreased their price objective on Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating for the company in a research report on Wednesday, July 31st. The Goldman Sachs Group cut their price target on Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating for the company in a research note on Tuesday, October 1st. 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 for the company. Finally, Bank of America dropped their price objective on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a report on Tuesday, July 30th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $41.30.

Sensata Technologies Stock Down 5.9 %

NYSE:ST traded down $1.99 during mid-day trading on Tuesday, hitting $31.65. The stock had a trading volume of 797,597 shares, compared to its average volume of 1,855,271. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06. The stock has a 50-day simple moving average of $35.65 and a two-hundred day simple moving average of $37.70. The company has a market capitalization of $4.78 billion, a PE ratio of 791.45, a PEG ratio of 1.36 and a beta of 1.25. Sensata Technologies has a twelve month low of $30.56 and a twelve 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 for the quarter, hitting the consensus estimate of $0.86. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.57%. The business had revenue of $982.80 million during the quarter, compared to the consensus estimate of $983.93 million. During the same quarter in the previous year, the firm earned $0.91 EPS. The company’s revenue was down 1.8% compared to the same quarter last year. On average, equities research analysts anticipate that Sensata Technologies will post 3.55 EPS for the current year.

Institutional Investors Weigh In On Sensata Technologies

Several institutional investors and hedge funds have recently bought and sold shares of ST. Foundry Partners LLC boosted its holdings in shares of Sensata Technologies by 11.8% in the first quarter. Foundry Partners LLC now owns 120,206 shares of the scientific and technical instruments company’s stock valued at $4,416,000 after acquiring an additional 12,708 shares in the last quarter. Sei Investments Co. boosted its stake in Sensata Technologies by 178.4% during the 1st quarter. Sei Investments Co. now owns 367,005 shares of the scientific and technical instruments company’s stock valued at $13,484,000 after purchasing an additional 235,170 shares in the last quarter. Twin Tree Management LP increased its position in shares of Sensata Technologies by 5,796.0% during the 1st quarter. Twin Tree Management LP now owns 100,939 shares of the scientific and technical instruments company’s stock valued at $3,708,000 after purchasing an additional 99,227 shares during the period. Illinois Municipal Retirement Fund raised its stake in shares of Sensata Technologies by 141.5% in the 1st quarter. Illinois Municipal Retirement Fund now owns 30,308 shares of the scientific and technical instruments company’s stock worth $1,114,000 after buying an additional 17,757 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System raised its stake in shares of Sensata Technologies by 9.9% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 158,141 shares of the scientific and technical instruments company’s stock worth $5,810,000 after buying an additional 14,186 shares in the last quarter. Institutional investors and hedge funds own 99.42% of the company’s stock.

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.