Sensata Technologies (ST) Getting Somewhat Favorable News Coverage, Report Shows
News stories about Sensata Technologies (NYSE:ST) have been trending somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sensata Technologies earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave news articles about the scientific and technical instruments company an impact score of 46.708587389763 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several research firms recently commented on ST. Bank of America reiterated a “buy” rating and set a $60.00 price objective (up previously from $55.00) on shares of Sensata Technologies in a research note on Thursday, December 14th. Zacks Investment Research upgraded shares of Sensata Technologies from a “hold” rating to a “buy” rating and set a $57.00 price objective for the company in a research note on Wednesday, December 27th. JPMorgan Chase & Co. set a $60.00 price target on shares of Sensata Technologies and gave the company a “buy” rating in a research note on Wednesday, December 13th. Oppenheimer restated a “buy” rating and set a $62.00 price target (up previously from $57.00) on shares of Sensata Technologies in a research note on Wednesday, December 13th. Finally, Stifel Nicolaus upped their price objective on shares of Sensata Technologies from $55.00 to $60.00 and gave the company a “buy” rating in a report on Wednesday, December 13th. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Sensata Technologies presently has an average rating of “Buy” and a consensus price target of $57.00.
Shares of Sensata Technologies (NYSE ST) traded down $0.30 during midday trading on Wednesday, hitting $53.32. 103,225 shares of the stock were exchanged, compared to its average volume of 1,077,023. Sensata Technologies has a 1-year low of $38.71 and a 1-year high of $57.40. The firm has a market capitalization of $9,290.51, a PE ratio of 16.94, a price-to-earnings-growth ratio of 1.48 and a beta of 1.51. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.94 and a quick ratio of 2.23.
In other Sensata Technologies news, EVP Steven Beringhause sold 3,720 shares of the stock in a transaction dated Wednesday, January 17th. The shares were sold at an average price of $54.85, for a total transaction of $204,042.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.00% of the company’s stock.
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About Sensata Technologies
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.
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