Sensata Technologies (ST) to Release Quarterly Earnings on Monday

by · The Cerbat Gem

Sensata Technologies (NYSE:STGet Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, November 4th. Analysts expect the company to announce earnings of $0.86 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Sensata Technologies (NYSE:STGet Free Report) last announced its earnings results on Monday, July 29th. The scientific and technical instruments company reported $0.93 EPS for the quarter, hitting the consensus estimate of $0.93. Sensata Technologies had a net margin of 0.21% and a return on equity of 17.57%. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the prior year, the company posted $0.97 earnings per share. The firm’s revenue was down 2.5% on a year-over-year basis. On average, analysts expect Sensata Technologies to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Sensata Technologies Stock Performance

Shares of ST opened at $35.10 on Monday. Sensata Technologies has a 12 month low of $30.56 and a 12 month high of $43.14. The firm has a fifty day simple moving average of $35.99 and a 200 day simple moving average of $37.65. The stock has a market capitalization of $5.30 billion, a price-to-earnings ratio of 877.72, a PEG ratio of 1.39 and a beta of 1.25. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. JPMorgan Chase & Co. cut their price target on shares of Sensata Technologies from $35.00 to $34.00 and set an “underweight” rating for the company in a research note on Friday, October 4th. Bank of America cut their price target on shares of Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating for the company in a research note on Tuesday, July 30th. Oppenheimer cut their price target on shares of Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating for the company in a research note on Wednesday, July 31st. Evercore ISI cut their price target on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating for the company in a research note on Tuesday, October 15th. Finally, The Goldman Sachs Group cut their price target on shares of Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating for the company in a research note on Tuesday, October 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Sensata Technologies has an average rating of “Hold” and an average target price of $43.40.

Check Out Our Latest Analysis on ST

About Sensata Technologies

(Get Free Report)

Sensata Technologies Holding plc develops, manufactures, and sells sensors and sensor-rich solutions, electrical protection components and systems, and other products used in mission-critical systems and applications in the United States and internationally. It operates in two segments, Performance Sensing and Sensing Solutions.

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