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

Sensata Technologies (NYSE:ST) issued an update on its fourth quarter 2024 earnings guidance on Monday morning. 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.

Sensata Technologies Stock Down 2.4 %

NYSE ST traded down $0.84 on Monday, hitting $33.64. The stock had a trading volume of 2,346,150 shares, compared to its average volume of 1,860,234. Sensata Technologies has a 52-week low of $30.56 and a 52-week high of $43.14. The business’s fifty day moving average price is $35.65 and its 200 day moving average price is $37.70. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.77 and a quick ratio of 1.31. The stock has a market cap of $5.08 billion, a price-to-earnings ratio of 841.00, a price-to-earnings-growth ratio of 1.36 and a beta of 1.25.

Sensata Technologies Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Wolfe Research initiated coverage on Sensata Technologies in a research note on Thursday, September 5th. They set a “peer perform” rating on the stock. Bank of America cut their price target on shares of Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 30th. Evercore ISI lowered their price objective on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating for the company in a research note on Tuesday, October 15th. Oppenheimer cut their target price on Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 31st. Finally, The Goldman Sachs Group lowered their price target on Sensata Technologies from $41.00 to $39.00 and set a “neutral” rating for the company in a research report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Sensata Technologies has an average rating of “Hold” and an average price target of $43.40.

About Sensata Technologies

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.