Sensata Technologies (NYSE:ST) Updates Q4 2024 Earnings Guidance

Sensata Technologies (NYSE:ST) updated its fourth quarter 2024 earnings guidance on Monday. The company provided EPS guidance of 0.710-0.760 for the period, compared to the consensus EPS estimate of 0.850. The company issued revenue guidance of $870.0 million-$900.0 million, compared to the consensus revenue estimate of $957.3 million. Sensata Technologies also updated its Q4 guidance to $0.71-0.76 EPS.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ST shares. The Goldman Sachs Group reduced their price objective on Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 1st. Wolfe Research started coverage on Sensata Technologies in a research report on Thursday, September 5th. They issued a “peer perform” rating for the company. Truist Financial cut their price objective on shares of Sensata Technologies from $46.00 to $38.00 and set a “hold” rating on the stock in a research report on Tuesday, July 30th. JPMorgan Chase & Co. cut their price target on shares of Sensata Technologies from $35.00 to $34.00 and set an “underweight” rating on the stock in a report on Friday, October 4th. Finally, Bank of America decreased their price objective 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. One equities research 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 a consensus rating of “Hold” and a consensus target price of $43.40.

Sensata Technologies Trading Down 2.4 %

Shares of NYSE ST traded down $0.84 during trading hours on Monday, reaching $33.64. The stock had a trading volume of 2,346,150 shares, compared to its average volume of 1,860,234. The business’s fifty day moving average price is $35.65 and its two-hundred day moving average price is $37.70. The firm has a market cap of $5.08 billion, a price-to-earnings ratio of 841.00, a P/E/G ratio of 1.36 and a beta of 1.25. Sensata Technologies has a 52-week low of $30.56 and a 52-week high of $43.14. The company has a current ratio of 1.77, a quick ratio of 1.31 and a debt-to-equity ratio of 1.06.

Sensata Technologies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Wednesday, November 13th will be paid a dividend of $0.12 per share. The ex-dividend date is Wednesday, November 13th. This represents a $0.48 annualized dividend and a dividend yield of 1.43%. Sensata Technologies’s dividend payout ratio is currently 1,200.00%.

Sensata Technologies Company Profile

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.