Research Analysts Set Expectations for Sensata Technologies Holding PLC’s Q1 2019 Earnings (ST)

Sensata Technologies Holding PLC (NYSE:ST) – Research analysts at SunTrust Banks lowered their Q1 2019 earnings per share (EPS) estimates for Sensata Technologies in a research report issued to clients and investors on Wednesday, February 6th. SunTrust Banks analyst W. Stein now anticipates that the scientific and technical instruments company will earn $0.85 per share for the quarter, down from their prior forecast of $0.99. SunTrust Banks currently has a “Hold” rating and a $54.00 price objective on the stock. SunTrust Banks also issued estimates for Sensata Technologies’ Q2 2019 earnings at $1.00 EPS, Q4 2019 earnings at $1.13 EPS, FY2019 earnings at $4.03 EPS, Q1 2020 earnings at $1.09 EPS, Q2 2020 earnings at $1.16 EPS, Q3 2020 earnings at $1.12 EPS, Q4 2020 earnings at $1.11 EPS and FY2020 earnings at $4.49 EPS.

Sensata Technologies (NYSE:ST) last posted its earnings results on Wednesday, February 6th. The scientific and technical instruments company reported $0.95 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.04). The company had revenue of $847.90 million during the quarter, compared to the consensus estimate of $866.27 million. Sensata Technologies had a return on equity of 25.28% and a net margin of 14.63%. The firm’s revenue was up .9% compared to the same quarter last year. During the same period last year, the company posted $0.87 EPS.

A number of other research analysts have also recently commented on ST. BMO Capital Markets reissued a “hold” rating and issued a $41.00 target price on shares of Sensata Technologies in a report on Tuesday, October 30th. Cross Research raised shares of Sensata Technologies from a “hold” rating to a “buy” rating in a report on Tuesday, October 30th. ValuEngine raised shares of Sensata Technologies from a “sell” rating to a “hold” rating in a report on Wednesday, October 31st. Barclays raised their price objective on shares of Sensata Technologies from $58.00 to $59.00 and gave the company a “buy” rating in a report on Wednesday, October 31st. Finally, Canaccord Genuity dropped their price objective on shares of Sensata Technologies from $70.00 to $61.00 and set a “buy” rating for the company in a report on Wednesday, October 31st. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. Sensata Technologies currently has an average rating of “Hold” and a consensus target price of $54.67.

ST stock opened at $46.75 on Friday. The stock has a market capitalization of $8.22 billion, a PE ratio of 14.66, a P/E/G ratio of 1.00 and a beta of 1.32. The company has a debt-to-equity ratio of 1.38, a current ratio of 3.10 and a quick ratio of 2.35. Sensata Technologies has a 12 month low of $40.78 and a 12 month high of $56.28.

Several hedge funds have recently made changes to their positions in the company. Cantillon Capital Management LLC grew its position in shares of Sensata Technologies by 0.6% during the 4th quarter. Cantillon Capital Management LLC now owns 4,557,513 shares of the scientific and technical instruments company’s stock worth $204,359,000 after buying an additional 26,462 shares during the period. Neuberger Berman Group LLC grew its position in shares of Sensata Technologies by 26.9% during the 3rd quarter. Neuberger Berman Group LLC now owns 2,974,204 shares of the scientific and technical instruments company’s stock worth $147,404,000 after buying an additional 630,222 shares during the period. Wells Fargo & Company MN grew its position in shares of Sensata Technologies by 28.4% during the 3rd quarter. Wells Fargo & Company MN now owns 2,256,995 shares of the scientific and technical instruments company’s stock worth $111,834,000 after buying an additional 499,374 shares during the period. Massachusetts Financial Services Co. MA grew its position in shares of Sensata Technologies by 3.2% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,049,375 shares of the scientific and technical instruments company’s stock worth $101,547,000 after buying an additional 63,227 shares during the period. Finally, CI Investments Inc. grew its position in shares of Sensata Technologies by 7.7% during the 3rd quarter. CI Investments Inc. now owns 1,456,900 shares of the scientific and technical instruments company’s stock worth $72,189,000 after buying an additional 103,600 shares during the period. 98.77% of the stock is owned by institutional investors.

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.

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

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