Sensata Technologies (ST) Releases FY19 Earnings Guidance

Sensata Technologies (NYSE:ST) issued an update on its FY19 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $3.94-4.10 for the period, compared to the Thomson Reuters consensus estimate of $4.05. The company issued revenue guidance of $3.58-3.68 billion, compared to the consensus revenue estimate of $3.63 billion.Sensata Technologies also updated its FY 2019 guidance to $3.94-4.10 EPS.

Shares of Sensata Technologies stock traded up $0.76 during trading on Wednesday, hitting $48.74. 1,504,100 shares of the company’s stock traded hands, compared to its average volume of 880,660. The company has a debt-to-equity ratio of 1.38, a current ratio of 3.10 and a quick ratio of 2.35. Sensata Technologies has a 1 year low of $40.78 and a 1 year high of $56.28. The stock has a market capitalization of $8.18 billion, a PE ratio of 15.28, a price-to-earnings-growth ratio of 1.00 and a beta of 1.32.

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Sensata Technologies (NYSE:ST) last announced its earnings results on Wednesday, February 6th. The scientific and technical instruments company reported $0.95 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.04). The firm had revenue of $847.90 million during the quarter, compared to analysts’ expectations of $866.27 million. Sensata Technologies had a return on equity of 25.28% and a net margin of 14.63%. The company’s revenue for the quarter was up .9% on a year-over-year basis. During the same period in the previous year, the business posted $0.87 earnings per share. As a group, sell-side analysts expect that Sensata Technologies will post 3.68 EPS for the current fiscal year.

Several research analysts have issued reports on ST shares. BMO Capital Markets reissued a hold rating and issued a $41.00 target price on shares of Sensata Technologies in a research report on Tuesday, October 30th. Cross Research raised Sensata Technologies from a hold rating to a buy rating in a research report on Tuesday, October 30th. ValuEngine raised Sensata Technologies from a sell rating to a hold rating in a research report on Wednesday, October 31st. Barclays raised their target price on Sensata Technologies from $58.00 to $59.00 and gave the stock a buy rating in a research report on Wednesday, October 31st. Finally, SunTrust Banks set a $49.00 target price on Sensata Technologies and gave the stock a hold rating in a research report on Wednesday, October 31st. One analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average price target of $54.11.

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Sensata Technologies Company Profile

Sensata Technologies Holding PLC would be operating as a holding company for Sensata Technologies Holding N.V. that develops, manufactures, and sells sensors and controls in the Americas, Asia, and Europe. It operates in two segments, Performance Sensing and Sensing Solutions. The Performance Sensing segment supplies pressure sensors, speed and position sensors, temperature sensors, and pressure switches.

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