Sensata Technologies Holding N.V. (ST) Posts Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Sensata Technologies Holding N.V. (NYSE:ST) released its quarterly earnings results on Tuesday, July 25th. The scientific and technical instruments company reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.03, Bloomberg Earnings reports. The firm had revenue of $839.90 million during the quarter, compared to analyst estimates of $835.09 million. Sensata Technologies Holding N.V. had a net margin of 8.91% and a return on equity of 26.18%. The business’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.73 EPS. Sensata Technologies Holding N.V. updated its Q3 guidance to $0.77-0.81 EPS and its FY17 guidance to $3.12-3.20 EPS.

Sensata Technologies Holding N.V. (ST) traded down 0.25% on Friday, reaching $43.40. 775,450 shares of the company’s stock traded hands. The stock has a 50 day moving average price of $44.58 and a 200 day moving average price of $42.28. The stock has a market cap of $7.43 billion, a price-to-earnings ratio of 25.99 and a beta of 1.45. Sensata Technologies Holding N.V. has a 12-month low of $35.10 and a 12-month high of $47.24.

In other Sensata Technologies Holding N.V. news, Director Thomas Wroe, Jr. sold 45,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $46.47, for a total value of $2,091,150.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Thomas Wroe, Jr. sold 3,685 shares of the company’s stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $40.68, for a total value of $149,905.80. Following the completion of the transaction, the director now owns 12,620 shares of the company’s stock, valued at approximately $513,381.60. The disclosure for this sale can be found here. In the last 90 days, insiders sold 137,790 shares of company stock valued at $6,197,882. 1.00% of the stock is owned by company insiders.

Institutional investors have recently made changes to their positions in the stock. Huntington National Bank raised its position in shares of Sensata Technologies Holding N.V. by 37.2% in the first quarter. Huntington National Bank now owns 2,721 shares of the scientific and technical instruments company’s stock worth $119,000 after buying an additional 738 shares during the last quarter. Ledyard National Bank raised its position in shares of Sensata Technologies Holding N.V. by 21.1% in the first quarter. Ledyard National Bank now owns 4,300 shares of the scientific and technical instruments company’s stock worth $188,000 after buying an additional 750 shares during the last quarter. Mn Services Vermogensbeheer B.V. raised its position in shares of Sensata Technologies Holding N.V. by 4.2% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 4,557 shares of the scientific and technical instruments company’s stock worth $186,000 after buying an additional 185 shares during the last quarter. Everett Harris & Co. CA acquired a new position in shares of Sensata Technologies Holding N.V. during the first quarter worth about $201,000. Finally, Janney Montgomery Scott LLC acquired a new position in shares of Sensata Technologies Holding N.V. during the first quarter worth about $204,000.

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Several research analysts recently issued reports on ST shares. BMO Capital Markets set a $42.00 price objective on shares of Sensata Technologies Holding N.V. and gave the company a “hold” rating in a research note on Wednesday, July 26th. Barclays PLC reaffirmed an “overweight” rating and set a $52.00 price objective on shares of Sensata Technologies Holding N.V. in a research note on Friday, July 7th. Zacks Investment Research raised shares of Sensata Technologies Holding N.V. from a “hold” rating to a “buy” rating and set a $46.00 price objective for the company in a research note on Tuesday, April 25th. Stifel Nicolaus reaffirmed a “buy” rating and set a $48.00 price objective on shares of Sensata Technologies Holding N.V. in a research note on Friday, July 14th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $50.00 price objective (up from $46.00) on shares of Sensata Technologies Holding N.V. in a research note on Wednesday, July 26th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $49.25.

Sensata Technologies Holding N.V. Company Profile

Sensata Technologies Holding N.V. is an industrial technology company. The Company is engaged in the development, manufacture, and sale of sensors and controls. The Company operates through two segments: Performance Sensing and Sensing Solutions. It produces a range of sensors and controls for applications, such as pressure sensors in automotive systems, thermal circuit breakers in aircraft, and bimetal current and temperature control devices.

Earnings History for Sensata Technologies Holding N.V. (NYSE:ST)

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