Wall Street brokerages expect that Sensata Technologies Holding PLC (NYSE:ST) will report $900.93 million in sales for the current quarter, according to Zacks Investment Research. Six analysts have issued estimates for Sensata Technologies’ earnings, with the highest sales estimate coming in at $903.70 million and the lowest estimate coming in at $893.50 million. Sensata Technologies reported sales of $913.86 million in the same quarter last year, which indicates a negative year-over-year growth rate of 1.4%. The firm is expected to announce its next quarterly earnings report 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 company will post 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 cover Sensata Technologies.
Sensata Technologies (NYSE:ST) last released its earnings results on Wednesday, May 1st. The scientific and technical instruments company reported $0.85 EPS for the quarter, hitting analysts’ consensus estimates of $0.85. Sensata Technologies had a net margin of 16.93% and a return on equity of 24.35%. The business had revenue of $870.50 million for the quarter, compared to the consensus estimate of $852.77 million. During the same period in the previous year, the firm earned $0.85 EPS. The business’s revenue for the quarter was down 1.8% on a year-over-year basis.
Shares of NYSE ST traded up $0.86 during midday trading on Friday, reaching $47.24. The company’s stock had a trading volume of 914,551 shares, compared to its average volume of 697,538. 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 50 day moving average price of $46.45. Sensata Technologies has a one year low of $40.78 and a one year high of $56.28. The stock has a market capitalization of $7.50 billion, a P/E ratio of 12.94, a price-to-earnings-growth ratio of 1.00 and a beta of 1.42.
In other news, CEO Martha N. Sullivan sold 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $49.50, for a total transaction of $2,475,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 2.00% of the stock is owned by insiders.
Hedge funds have recently added to or reduced their stakes in the company. Investors Research Corp acquired a new stake in shares of Sensata Technologies during the first quarter valued at approximately $27,000. Buffington Mohr McNeal acquired a new position in Sensata Technologies in the 1st quarter valued at approximately $29,000. Quadrant Capital Group LLC increased its stake in Sensata Technologies by 6,773.7% in the 1st quarter. Quadrant Capital Group LLC now owns 1,306 shares of the scientific and technical instruments company’s stock valued at $57,000 after buying an additional 1,287 shares during the period. Advisory Services Network LLC increased its stake in Sensata Technologies by 26.8% in the 4th quarter. Advisory Services Network LLC now owns 1,657 shares of the scientific and technical instruments company’s stock valued at $74,000 after buying an additional 350 shares during the period. Finally, Marshall Wace North America L.P. acquired a new position in Sensata Technologies in the 1st quarter valued at approximately $77,000. Institutional investors and hedge funds own 94.99% 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.
Recommended Story: Trading Ex-Dividend Strategy
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Sensata Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensata Technologies and related companies with MarketBeat.com's FREE daily email newsletter.