Sensata Technologies Holding plc (NYSE:ST – Get Free Report) announced a quarterly dividend on Monday, October 28th, NASDAQ reports. Shareholders of record on Wednesday, November 13th will be given a dividend of 0.12 per share by the scientific and technical instruments company on Wednesday, November 27th. This represents a $0.48 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Wednesday, November 13th.
Sensata Technologies has a payout ratio of 12.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Sensata Technologies to earn $3.83 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 12.5%.
Sensata Technologies Stock Down 0.6 %
Shares of NYSE ST traded down $0.23 during mid-day trading on Tuesday, reaching $35.32. The company had a trading volume of 668,396 shares, compared to its average volume of 1,864,503. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.31 and a current ratio of 1.77. Sensata Technologies has a twelve month low of $30.56 and a twelve month high of $43.14. The stock’s 50 day moving average is $35.96 and its 200-day moving average is $37.67. The stock has a market capitalization of $5.33 billion, a PE ratio of 883.47, a price-to-earnings-growth ratio of 1.39 and a beta of 1.25.
Analyst Upgrades and Downgrades
Several brokerages have recently commented on ST. Evercore ISI dropped their price target on shares of Sensata Technologies from $60.00 to $50.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 15th. Oppenheimer lowered their target price on shares of Sensata Technologies from $50.00 to $47.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 31st. Wolfe Research initiated coverage on Sensata Technologies in a research report on Thursday, September 5th. They issued a “peer perform” rating for the company. Bank of America lowered their price objective on Sensata Technologies from $44.00 to $41.00 and set a “neutral” rating on the stock in a report on Tuesday, July 30th. Finally, Truist Financial reduced their target price on Sensata Technologies from $46.00 to $38.00 and set a “hold” rating for the company in a report on Tuesday, July 30th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $43.40.
View Our Latest Research Report on ST
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.
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