Sensata Technologies Holding PLC (NYSE:ST) to Post Q1 2020 Earnings of $0.65 Per Share, SunTrust Banks Forecasts

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Sensata Technologies Holding PLC (NYSE:ST) – SunTrust Banks decreased their Q1 2020 earnings per share estimates for shares of Sensata Technologies in a report released on Tuesday, February 11th. SunTrust Banks analyst W. Stein now forecasts that the scientific and technical instruments company will earn $0.65 per share for the quarter, down from their previous estimate of $0.78. SunTrust Banks also issued estimates for Sensata Technologies’ Q3 2020 earnings at $0.97 EPS, Q4 2020 earnings at $1.05 EPS, FY2020 earnings at $3.50 EPS, Q1 2021 earnings at $0.92 EPS, Q3 2021 earnings at $0.98 EPS and Q4 2021 earnings at $1.00 EPS.

Other equities analysts have also issued reports about the company. Cross Research lowered Sensata Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 1st. Wolfe Research lowered Sensata Technologies from an “outperform” rating to a “peer perform” rating and set a $55.00 price objective on the stock. in a research note on Friday, November 22nd. ValuEngine raised Sensata Technologies from a “sell” rating to a “hold” rating in a research note on Wednesday, October 30th. Oppenheimer assumed coverage on Sensata Technologies in a research note on Tuesday. They issued a “hold” rating on the stock. Finally, Compass Point lowered Sensata Technologies from a “buy” rating to a “hold” rating in a research note on Friday, November 1st. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $53.61.

NYSE ST opened at $48.88 on Thursday. The firm has a market capitalization of $7.83 billion, a P/E ratio of 16.57, a P/E/G ratio of 1.11 and a beta of 1.41. Sensata Technologies has a 1-year low of $42.50 and a 1-year high of $54.72. The company has a debt-to-equity ratio of 1.25, a current ratio of 3.14 and a quick ratio of 2.33. The business’s 50-day simple moving average is $50.97 and its 200-day simple moving average is $49.90.

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

Large investors have recently made changes to their positions in the stock. Winslow Evans & Crocker Inc. increased its holdings 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 worth $28,000 after purchasing an additional 196 shares during the last quarter. Quest Capital Management Inc. ADV purchased a new stake in Sensata Technologies during the 3rd quarter worth approximately $30,000. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Sensata Technologies during the 4th quarter worth approximately $39,000. Heritage Wealth Advisors purchased a new stake in Sensata Technologies during the 3rd quarter worth approximately $48,000. Finally, Quadrant Capital Group LLC increased its holdings 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 worth $66,000 after purchasing an additional 800 shares during the last quarter. Institutional investors and hedge funds own 93.55% of the company’s stock.

About Sensata Technologies

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.

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

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