Sensata Technologies Holding N.V. (NYSE:ST) released its earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.78 by $0.03, Bloomberg Earnings reports. Sensata Technologies Holding N.V. had a net margin of 8.91% and a return on equity of 26.18%. The firm had revenue of $839.90 million during the quarter, compared to analyst estimates of $835.09 million. During the same period last year, the business earned $0.73 earnings per share. The business’s revenue was up 1.5% on a year-over-year basis. Sensata Technologies Holding N.V. updated its Q3 guidance to $0.77-0.81 EPS and its FY17 guidance to $3.12-3.20 EPS.
Sensata Technologies Holding N.V. (NYSE ST) traded down 0.31% on Friday, hitting $44.92. 1,101,282 shares of the company’s stock traded hands. The stock has a market cap of $7.69 billion, a PE ratio of 26.90 and a beta of 1.45. The stock has a 50-day moving average of $43.71 and a 200-day moving average of $42.04. Sensata Technologies Holding N.V. has a one year low of $35.10 and a one year high of $47.24.
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In related news, Director Thomas Wroe, Jr. sold 3,685 shares of the stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $40.68, for a total value of $149,905.80. Following the sale, the director now directly owns 12,620 shares of the company’s stock, valued at approximately $513,381.60. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold a total of 137,790 shares of company stock valued at $6,197,882 in the last quarter. Insiders own 1.00% of the company’s stock.
A number of large investors have recently modified their holdings of ST. Huntington National Bank boosted its stake in shares of Sensata Technologies Holding N.V. by 37.2% in the first quarter. Huntington National Bank now owns 2,721 shares of the scientific and technical instruments company’s stock worth $119,000 after buying an additional 738 shares during the last quarter. Mn Services Vermogensbeheer B.V. boosted its stake in shares of Sensata Technologies Holding N.V. by 4.2% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,557 shares of the scientific and technical instruments company’s stock worth $186,000 after buying an additional 185 shares during the last quarter. Ledyard National Bank boosted its stake in shares of Sensata Technologies Holding N.V. by 21.1% in the first quarter. Ledyard National Bank now owns 4,300 shares of the scientific and technical instruments company’s stock worth $188,000 after buying an additional 750 shares during the last quarter. Everett Harris & Co. CA acquired a new stake in shares of Sensata Technologies Holding N.V. during the first quarter worth approximately $201,000. Finally, Janney Montgomery Scott LLC acquired a new stake in shares of Sensata Technologies Holding N.V. during the first quarter worth approximately $204,000.
A number of equities analysts recently weighed in on the stock. BidaskClub lowered shares of Sensata Technologies Holding N.V. from a “buy” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research upgraded shares of Sensata Technologies Holding N.V. from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research note on Thursday, July 27th. BMO Capital Markets set a $42.00 target price on shares of Sensata Technologies Holding N.V. and gave the company a “hold” rating in a research note on Wednesday, July 26th. Citigroup Inc. boosted their target price on shares of Sensata Technologies Holding N.V. from $48.00 to $49.00 and gave the company a “neutral” rating in a research note on Wednesday, July 26th. Finally, Oppenheimer Holdings, Inc. boosted their price objective on shares of Sensata Technologies Holding N.V. from $48.00 to $53.00 and gave the company an “outperform” rating in a research report on Wednesday, July 26th. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $49.25.
Sensata Technologies Holding N.V. Company Profile
Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.
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