Stocks

UBS Group Adjusts Price Target for Sensata Technologies to $37.00

Published February 14, 2025

On February 14, 2025, UBS Group announced a reduction in the price target for Sensata Technologies (NYSE:ST) from $38.00 to $37.00 in their latest research report shared with clients and investors. Despite this adjustment, UBS maintains a "buy" rating for the scientific and technical instruments manufacturer. The new target price indicates a potential upside of 28.31% from the company's current stock price.

Several other financial analysts have also given their thoughts on Sensata Technologies recently. For instance, TD Cowen lowered their price target from $50.00 to $45.00 while affirming a "buy" rating on November 6. Meanwhile, Truist Financial cut their target from $38.00 to $33.00 and issued a "hold" rating the day before. On the same day, Stifel Nicolaus decreased their target from $43.00 to $38.00 while keeping a "hold" rating, and Robert W. Baird lowered theirs from $40.00 to $36.00 with a similar neutral stance. Oppenheimer also revised their target from $47.00 to $44.00 with an "outperform" rating.

Overall, other analysts have shared mixed opinions on Sensata Technologies. Currently, one analyst rates the stock as a sell, while seven analysts have set a hold rating, and five have assigned a buy rating. According to MarketBeat, Sensata Technologies holds a consensus rating of "Hold" with an average price target of $39.08.

Performance Overview of Sensata Technologies

Sensata Technologies shares opened at $28.84 on the day of the report. In the past year, the stock has experienced a fifty-two week low of $24.91 and a high of $43.14. Currently, the company holds a 50-day moving average price of $28.03 and a 200-day moving average price of $32.63. As for its financial health, Sensata has a quick ratio of 1.76, a current ratio of 2.60, and a debt-to-equity ratio of 1.08, which indicates its capability to manage short-term obligations.

Sensata Technologies has a market capitalization of approximately $4.31 billion, a negative price-to-earnings (P/E) ratio of -53.40, and a price-to-earnings growth (PEG) ratio of 0.77. The company's beta stands at 1.23, suggesting it has higher volatility compared to the market.

Recent Earnings Report

The latest earnings report from Sensata Technologies was released on February 11, where the company reported earnings of $0.76 per share for the quarter—matching analysts’ expectations. The company's return on equity was positive at 17.68%, although it reported a negative net margin of 1.98%. Expectations from analysts suggest that for the current fiscal year, Sensata Technologies is projected to have earnings of approximately $3.44 per share.

Institutional Trading Activity

There have been several noteworthy changes in institutional trading concerning Sensata Technologies. State Street Corp slightly increased its holdings by 0.4% in the third quarter and now owns around 5.47 million shares valued at $196.19 million. Another significant change was from JPMorgan Chase & Co., which boosted its position by 66.7%, acquiring an additional 264,334 shares, reaching a total of 660,568 shares valued at $23.69 million. Other institutions have also made movements, including Loomis Sayles & Co. L P and International Assets Investment Management LLC, both of which initiated new stakes in Sensata Technologies during the same quarter. Presently, approximately 99.42% of the stock is held by institutional investors and hedge funds.

About Sensata Technologies

Sensata Technologies Holding plc is a global leader in developing, manufacturing, and selling sensors and sensor-rich solutions, as well as electrical protection components. The company caters to mission-critical systems and applications both in the United States and internationally. Sensata operates through two segments: Performance Sensing and Sensing Solutions.

Sensata, UBS, Stock