Today, Sensata Technologies Holding NV (NYSE:ST) Given Average Rating of “Buy” by Analysts

Today, Sensata Technologies Holding NV (NYSE:ST) Given Average Rating of “Buy” by Analysts

Shares of Sensata Technologies Holding NV (NYSE:ST) have received an average rating of “Buy” from the fourteen research firms that are covering the stock. Seven research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $45.60.

ST has been the topic of a number of analyst reports. Bank of America Corp. reaffirmed a “buy” rating and set a $50.00 price objective on shares of Sensata Technologies Holding NV in a report on Monday, July 18th. Zacks Investment Research downgraded shares of Sensata Technologies Holding NV from a “hold” rating to a “sell” rating in a report on Friday, July 22nd. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and set a $48.00 price objective on shares of Sensata Technologies Holding NV in a report on Thursday, September 8th. Citigroup Inc. lifted their price objective on shares of Sensata Technologies Holding NV from $38.00 to $45.00 and gave the stock a “neutral” rating in a report on Wednesday, July 27th. Finally, Royal Bank Of Canada cut their price objective on shares of Sensata Technologies Holding NV from $40.00 to $38.00 and set a “sector perform” rating on the stock in a report on Friday, July 1st.

In related news, Director Michael J. Jacobson sold 7,000 shares of the business’s stock in a transaction dated Wednesday, August 24th. The stock was sold at an average price of $38.71, for a total value of $270,970.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.00% of the stock is owned by corporate insiders.

Large investors have recently made changes to their positions in the stock. BlueMountain Capital Management LLC bought a new stake in shares of Sensata Technologies Holding NV during the first quarter valued at $103,000. Acrospire Investment Management LLC boosted its stake in shares of Sensata Technologies Holding NV by 227.3% in the second quarter. Acrospire Investment Management LLC now owns 3,600 shares of the company’s stock valued at $126,000 after buying an additional 2,500 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of Sensata Technologies Holding NV by 10.3% in the second quarter. Daiwa Securities Group Inc. now owns 4,300 shares of the company’s stock valued at $150,000 after buying an additional 400 shares in the last quarter. Macquarie Group Ltd. boosted its stake in shares of Sensata Technologies Holding NV by 1.3% in the second quarter. Macquarie Group Ltd. now owns 5,368 shares of the company’s stock valued at $187,000 after buying an additional 68 shares in the last quarter. Finally, Societe Generale bought a new stake in shares of Sensata Technologies Holding NV during the second quarter valued at $191,000. Hedge funds and other institutional investors own 99.96% of the company’s stock.

Sensata Technologies Holding NV (NYSE:ST) traded up 2.19% during trading on Thursday, hitting $40.06. 1,713,458 shares of the company traded hands. Sensata Technologies Holding NV has a 12-month low of $29.92 and a 12-month high of $49.73. The company has a market capitalization of $6.84 billion, a P/E ratio of 17.19 and a beta of 1.34. The stock has a 50 day moving average price of $38.40 and a 200 day moving average price of $37.25.

Sensata Technologies Holding NV (NYSE:ST) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.01. The firm had revenue of $827.50 million for the quarter, compared to the consensus estimate of $823.41 million. Sensata Technologies Holding NV had a net margin of 12.92% and a return on equity of 28.65%. The business’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 EPS. On average, equities analysts anticipate that Sensata Technologies Holding NV will post $2.88 earnings per share for the current year.

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