Sensata Technologies Holding plc (NYSE:ST) finished Wednesday with a subtraction of -$0.18 to close at $40.69, a downside of -0.44 percent. An average of 1,067,000 shares of common stock have been traded in the last five days. There was a fall of -$1.04 in the past week, and it reached a new high 10 times over the past 12 months. The last 20 days have seen an average of 1,247,690 shares traded, while the 50-day average volume stands at 1,094,914.
ST stock has decreased by -9.98% in the last month. The company shares reached their 1-month lowest point of $39.90 on 08/08/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $36.64 and a high of $54.34 in 52 weeks. It has reached a new high 14 times so far this year and achieved 0.77% or $0.31 in price. In spite of this, the price is down -25.12% from the 52-week high.
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Insider Transactions
ST stock investors should be aware that Sensata Technologies Holding plc (ST) stock had its last reported insider trading activity 84 days ago on May 18. In this transaction, the insider spent $415,271. Director, Sullivan Martha N., disposed of 11,700 shares at a price of $41.27 on May 15. The insider now owns more than $482,850 worth of shares. Prior to that, CEO and President COTE JEFFREY J went on to Sale 41,816 shares at $45.00 each on Jan 12. An amount of $1,881,720 was transacted.
Valuation Metrics
Sensata Technologies Holding plc (ST) has a trailing price-to-earnings (P/E) ratio of 16.09. The stock’s beta is 1.30. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.53, the price-to-book (PB) ratio at 1.94, and the price-to-cash flow ratio at 20.81.
The company has a payout ratio of 17.70%. The company’s most recent quarterly dividend payment was $0.12 a share, without any change from last year. Its latest increase dividend $0.01 reported on Thursday April 13 2023.
Financial Health
The quick ratio of Sensata Technologies Holding plc for the three months ended June 29 was 2.10, and the current ratio was 2.80, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.18 and a total debt to equity ratio of 1.18 for the quarter ending June 29. Sensata Technologies Holding plc’s EBITDA margin for the year ending June 29 is 22.67%, while its operating margin for the same period stands at 16.30%. Its gross profit as reported stood at $1.32 billion compared to revenue of $4.03 billion.
Earnings Surprise
For the three-month period that ended June 29, Sensata Technologies Holding plc had $3.77 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $49.11 million in the quarter, while revenues of $86.42 million were grew 29.06%. The analyst consensus anticipated Sensata Technologies Holding plc’s latest quarter earnings to come in at $0.94 per share, but it turned out to be $0.97, a 3.20% surprise. For the quarter, EBITDA amounted to $206.88 million. Shareholders own equity worth $152.42 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Sensata Technologies Holding plc (ST) price momentum. RSI 9-day as of the close on 09 August was 24.04%, suggesting the stock is oversold, with historical volatility in this time frame at 9.23%.
As of today, ST’s price is $41.03 -2.49% or -$1.04 from its 5-day moving average. ST is currently trading -10.47% lower than its 20-day SMA and -13.35% lower than its 100-day SMA. However, the stock’s current price level is -3.05% below the SMA50 and +0.49% above the SMA200.
The stochastic %K and %D were 9.48% and 6.22%, respectively, and the average true range (ATR) was 0.90. With the 14-day stochastic at 11.14% and the average true range at 0.93, the RSI (14) stands at 31.01%. The stock has reached -0.56 on the 9-day MACD Oscillator while the 14-day reading was at -1.41.
Analyst Ratings
Stifel downgraded Sensata Technologies Holding plc (NYSE: ST) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for Sensata Technologies Holding plc (ST) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell ST, while 9 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 5 others rate it as a “buy”.
What is ST’s price target for the next 12 months?
Analysts predict a range of price targets between $48.00 and $74.00, with a median target of $51.00. Taking a look at these predictions, the average price target given by analysts for Sensata Technologies Holding plc (ST) stock is $53.42.
