Equities research analysts forecast that Sensata Technologies Holding PLC (NYSE:ST) will post sales of $900.93 million for the current fiscal quarter, Zacks Investment Research reports. Six analysts have issued estimates for Sensata Technologies’ earnings. The lowest sales estimate is $893.50 million and the highest is $903.70 million. Sensata Technologies posted sales of $913.86 million during the same quarter last year, which would indicate a negative year-over-year growth rate of 1.4%. The company is expected to issue its next quarterly earnings results before the market opens on Tuesday, July 30th.
On average, analysts expect that Sensata Technologies will report full-year sales of $3.58 billion for the current year, with estimates ranging from $3.56 billion to $3.60 billion. For the next fiscal year, analysts anticipate that the business will report sales of $3.71 billion, with estimates ranging from $3.67 billion to $3.77 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that that provide coverage for Sensata Technologies.
Sensata Technologies (NYSE:ST) last posted its earnings results on Wednesday, May 1st. The scientific and technical instruments company reported $0.85 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.85. Sensata Technologies had a return on equity of 24.35% and a net margin of 16.93%. The company had revenue of $870.50 million during the quarter, compared to the consensus estimate of $852.77 million. During the same quarter last year, the firm earned $0.85 earnings per share. The company’s revenue was down 1.8% on a year-over-year basis.
In related news, CEO Martha N. Sullivan sold 50,000 shares of the business’s stock in a transaction dated Tuesday, April 16th. The stock was sold at an average price of $49.50, for a total value of $2,475,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.00% of the stock is owned by insiders.
A number of hedge funds have recently bought and sold shares of the stock. Ingalls & Snyder LLC boosted its holdings in Sensata Technologies by 38.7% in the second quarter. Ingalls & Snyder LLC now owns 206,877 shares of the scientific and technical instruments company’s stock valued at $10,137,000 after acquiring an additional 57,755 shares during the last quarter. Investors Research Corp boosted its holdings in Sensata Technologies by 66.7% in the second quarter. Investors Research Corp now owns 1,000 shares of the scientific and technical instruments company’s stock valued at $49,000 after acquiring an additional 400 shares during the last quarter. Amundi Pioneer Asset Management Inc. boosted its holdings in Sensata Technologies by 1.0% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 141,356 shares of the scientific and technical instruments company’s stock valued at $6,365,000 after acquiring an additional 1,433 shares during the last quarter. FMR LLC boosted its holdings in Sensata Technologies by 5.5% in the first quarter. FMR LLC now owns 6,323,952 shares of the scientific and technical instruments company’s stock valued at $284,704,000 after acquiring an additional 331,366 shares during the last quarter. Finally, Nordea Investment Management AB boosted its holdings in Sensata Technologies by 38.1% in the first quarter. Nordea Investment Management AB now owns 14,057 shares of the scientific and technical instruments company’s stock valued at $632,000 after acquiring an additional 3,879 shares during the last quarter. 94.99% of the stock is owned by institutional investors and hedge funds.
Shares of ST traded up $0.86 during midday trading on Friday, reaching $47.24. 914,551 shares of the stock were exchanged, compared to its average volume of 697,538. Sensata Technologies has a twelve month low of $40.78 and a twelve month high of $56.28. The company has a current ratio of 2.96, a quick ratio of 2.20 and a debt-to-equity ratio of 1.27. The stock has a market capitalization of $7.50 billion, a P/E ratio of 12.94, a P/E/G ratio of 1.00 and a beta of 1.42. The firm has a 50 day moving average of $46.45.
Sensata Technologies Company Profile
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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