Sensata Technologies (ST) Posts Earnings Results, Misses Expectations By $0.04 EPS

Sensata Technologies (NYSE:ST) announced its quarterly earnings data on Wednesday. The scientific and technical instruments company reported $0.95 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.99 by ($0.04), MarketWatch Earnings reports. The business had revenue of $847.90 million during the quarter, compared to analysts’ expectations of $866.27 million. Sensata Technologies had a net margin of 14.63% and a return on equity of 25.28%. Sensata Technologies’s revenue for the quarter was up .9% on a year-over-year basis. During the same period last year, the company posted $0.87 EPS.

NYSE ST traded up $1.14 during trading on Wednesday, hitting $49.12. The company had a trading volume of 22,667 shares, compared to its average volume of 764,976. The company has a current ratio of 3.10, a quick ratio of 2.35 and a debt-to-equity ratio of 1.38. Sensata Technologies has a one year low of $40.78 and a one year high of $56.28. The firm has a market capitalization of $8.18 billion, a PE ratio of 15.28, a price-to-earnings-growth ratio of 1.00 and a beta of 1.32.

Several equities research analysts have weighed in on the stock. Zacks Investment Research raised shares of Sensata Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, January 22nd. BMO Capital Markets reissued a “hold” rating and set a $41.00 price target on shares of Sensata Technologies in a research report on Tuesday, October 30th. Cross Research raised shares of Sensata Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday, October 30th. Citigroup dropped their price target on shares of Sensata Technologies from $56.00 to $52.00 and set a “neutral” rating for the company in a research report on Wednesday, October 31st. Finally, ValuEngine raised shares of Sensata Technologies from a “sell” rating to a “hold” rating in a research report on Wednesday, October 31st. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $54.11.

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About Sensata Technologies

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.

Further Reading: What is the balance sheet?

Earnings History for Sensata Technologies (NYSE:ST)

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