Brokers Set Expectations for Sensata Technologies Holding PLC’s Q1 2020 Earnings (NYSE:ST)

Sensata Technologies Holding PLC (NYSE:ST) – Equities researchers at Oppenheimer cut their Q1 2020 earnings per share (EPS) estimates for shares of Sensata Technologies in a report issued on Tuesday, February 11th. Oppenheimer analyst C. Glynn now expects that the scientific and technical instruments company will earn $0.64 per share for the quarter, down from their prior forecast of $0.76. Oppenheimer currently has a “Hold” rating on the stock. Oppenheimer also issued estimates for Sensata Technologies’ Q2 2020 earnings at $0.90 EPS, Q3 2020 earnings at $0.97 EPS, Q4 2020 earnings at $0.99 EPS, FY2020 earnings at $3.50 EPS and FY2021 earnings at $3.95 EPS.

Sensata Technologies (NYSE:ST) last released its quarterly earnings data on Tuesday, February 11th. The scientific and technical instruments company reported $0.89 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.87 by $0.02. The business had revenue of $846.70 million during the quarter, compared to analyst estimates of $827.46 million. Sensata Technologies had a net margin of 14.00% and a return on equity of 22.78%. Sensata Technologies’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business earned $0.95 earnings per share.

Several other research firms have also issued reports on ST. Zacks Investment Research upgraded shares of Sensata Technologies from a “sell” rating to a “hold” rating in a report on Thursday, January 23rd. Compass Point lowered shares of Sensata Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 1st. Cross Research lowered shares of Sensata Technologies from a “buy” rating to a “hold” rating in a report on Friday, November 1st. Wolfe Research lowered shares of Sensata Technologies from an “outperform” rating to a “peer perform” rating and set a $55.00 target price for the company. in a report on Friday, November 22nd. Finally, ValuEngine upgraded shares of Sensata Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, October 30th. One analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $53.61.

Sensata Technologies stock opened at $49.79 on Thursday. The firm has a 50-day moving average price of $51.16 and a 200-day moving average price of $49.90. The firm has a market capitalization of $7.60 billion, a PE ratio of 16.88, a price-to-earnings-growth ratio of 1.11 and a beta of 1.41. The company has a current ratio of 3.14, a quick ratio of 2.33 and a debt-to-equity ratio of 1.25. Sensata Technologies has a 12-month low of $42.50 and a 12-month high of $54.72.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Winslow Evans & Crocker Inc. increased its position in Sensata Technologies by 65.8% during the 4th quarter. Winslow Evans & Crocker Inc. now owns 494 shares of the scientific and technical instruments company’s stock valued at $28,000 after purchasing an additional 196 shares during the period. Quest Capital Management Inc. ADV purchased a new position in Sensata Technologies during the 3rd quarter valued at about $30,000. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Sensata Technologies during the 4th quarter valued at about $39,000. Heritage Wealth Advisors purchased a new position in Sensata Technologies during the 3rd quarter valued at about $48,000. Finally, Quadrant Capital Group LLC increased its position in Sensata Technologies by 144.7% during the 3rd quarter. Quadrant Capital Group LLC now owns 1,353 shares of the scientific and technical instruments company’s stock valued at $66,000 after purchasing an additional 800 shares during the period. Institutional investors own 93.55% of the company’s stock.

Sensata Technologies Company Profile

Sensata Technologies Holding plc, through its subsidiary, Sensata Technologies Holding N.V., develops, manufactures, and sells a range of sensors and controls in the Americas, Asia, Europe, and internationally. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment develops and manufactures pressure sensors, speed and position sensors, and temperature sensors.

See Also: Debt-To-Equity Ratio

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

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