Sensata Technologies (ST) Earning Somewhat Favorable Media Coverage, Analysis Finds

News headlines about Sensata Technologies (NYSE:ST) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sensata Technologies earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the scientific and technical instruments company an impact score of 45.9018769832313 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Shares of Sensata Technologies (NYSE ST) traded up $0.24 during trading hours on Wednesday, hitting $52.55. 1,634,770 shares of the stock were exchanged, compared to its average volume of 1,307,044. The company has a market cap of $8,984.50, a price-to-earnings ratio of 16.97, a price-to-earnings-growth ratio of 1.65 and a beta of 1.46. Sensata Technologies has a 1 year low of $38.71 and a 1 year high of $53.30. The company has a quick ratio of 2.04, a current ratio of 2.76 and a debt-to-equity ratio of 1.49.

Sensata Technologies (NYSE:ST) last announced its quarterly earnings data on Tuesday, October 24th. The scientific and technical instruments company reported $0.81 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.80 by $0.01. Sensata Technologies had a net margin of 9.39% and a return on equity of 25.75%. The company had revenue of $819.10 million during the quarter, compared to analysts’ expectations of $803.14 million. During the same quarter in the prior year, the company earned $0.74 EPS. The firm’s revenue was up 3.7% on a year-over-year basis. research analysts forecast that Sensata Technologies will post 3.17 earnings per share for the current fiscal year.

A number of brokerages have recently commented on ST. SunTrust Banks reissued a “hold” rating and issued a $54.00 price target on shares of Sensata Technologies in a report on Friday, December 15th. Cowen reissued a “hold” rating on shares of Sensata Technologies in a report on Thursday, December 14th. Bank of America reissued a “buy” rating and issued a $60.00 price target (up previously from $55.00) on shares of Sensata Technologies in a report on Thursday, December 14th. J P Morgan Chase & Co set a $60.00 price target on shares of Sensata Technologies and gave the stock a “buy” rating in a report on Wednesday, December 13th. Finally, Morgan Stanley increased their price target on shares of Sensata Technologies from $48.00 to $50.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 13th. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $54.50.

In other news, EVP Steven Beringhause sold 7,588 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $51.18, for a total value of $388,353.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Paul B. Edgerley acquired 200,000 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was acquired at an average cost of $47.47 per share, with a total value of $9,494,000.00. The disclosure for this purchase can be found here. Insiders sold a total of 87,588 shares of company stock valued at $4,258,599 in the last ninety days. 1.00% of the stock is owned by corporate insiders.

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Sensata Technologies 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.

Insider Buying and Selling by Quarter for Sensata Technologies (NYSE:ST)

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