During the last session, Sensata Technologies Holding plc (NYSE:ST)’s traded shares were 0.78 million, with the beta value of the company hitting 1.41. At the end of the trading day, the stock’s price was $58.21, reflecting an intraday loss of -0.92% or -$0.54. The 52-week high for the ST share is $64.80, that puts it down -11.32 from that peak though still a striking 30.49% gain since the share price plummeted to a 52-week low of $40.46. The company’s market capitalization is $9.09B, and the average trade volume was 709.36K shares over the past three months.
Sensata Technologies Holding plc (ST) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.20. ST has a Sell rating from 0 analyst(s) out of 20 analysts who have looked at this stock. 6 analyst(s) recommend to Hold the stock while 4 suggest Overweight, and 10 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.86.
Sensata Technologies Holding plc (NYSE:ST) trade information
Sensata Technologies Holding plc (ST) registered a -0.92% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.92% in intraday trading to $58.21 this Friday, 09/03/21, hitting a weekly high. The stock’s 5-day price performance is -3.94%, and it has moved by 0.64% in 30 days. Based on these gigs, the overall price performance for the year is 38.27%.
The consensus price target of analysts on Wall Street is $70.06, which implies an increase of 16.91% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $60.00 and $91.00 respectively. As a result, ST is trading at a discount of -56.33% off the target high and -3.08% off the low.
Sensata Technologies Holding plc (ST) estimates and forecasts
Statistics show that Sensata Technologies Holding plc has outperformed its competitors in share price, compared to the industry in which it operates. Sensata Technologies Holding plc (ST) shares have gone down -1.07% during the last six months, with a year-to-date growth rate more than the industry average at 61.09% against 30.50. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 30.30% this quarter and then jump 4.70% in the quarter after that. In the rating firms’ projections, revenue will increase 25.60% compared to the previous financial year.
Revenue for the current quarter is expected to be $933.57 million as predicted by 18 analyst(s). Meanwhile, a consensus of 18 analyst(s) estimates revenue growth to $953.73 million by the end of Dec 2021. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $788.31 million and $906.49 million respectively. In this case, analysts expect current quarter sales to grow by 18.40% and then jump by 5.20% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -13.30%. While earnings are projected to return -43.20% in 2021, the next five years will return 28.50% per annum.
Sensata Technologies Holding plc is due to release its next quarterly earnings between October 25 and October 29. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Sensata Technologies Holding plc (NYSE:ST)’s Major holders
Sensata Technologies Holding plc insiders own 0.50% of total outstanding shares while institutional holders control 102.29%, with the float percentage being 102.81%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 600 institutions own stock in it. As of Jun 29, 2021, the company held over 14.18 million shares (or 8.95% of all shares), a total value of $822.14 million in shares.
The next largest institutional holding, with 11.45 million shares, is of FMR, LLC’s that is approximately 7.23% of outstanding shares. At the market price on Jun 29, 2021, these shares were valued at $663.83 million.
Also, the Mutual Funds coming in first place with the largest holdings of Sensata Technologies Holding plc (ST) shares are Janus Henderson Enterprise Fund and Vanguard Total Stock Market Index Fund. Data provided on Jun 29, 2021 indicates that Janus Henderson Enterprise Fund owns about 7.04 million shares. This amounts to just over 4.44 percent of the company’s overall shares, with a $407.95 million market value. The same data shows that the other fund manager holds slightly less at 4.47 million, or about 2.82% of the stock, which is worth about $258.95 million.