Sensata Technologies Holding Plc (ST) Shares Plummet Below 1-Year High

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Sensata Technologies Holding Plc (NYSE: ST)’s stock price has decreased by -0.56 compared to its previous closing price of 33.67. However, the company has seen a -4.94% decrease in its stock price over the last five trading sessions. Business Wire reported 2024-04-15 that SWINDON, United Kingdom–(BUSINESS WIRE)—- $ST–Sensata Technologies (NYSE: ST) today announced that it will report its first quarter 2024 financial results on Monday, April 29, 2024, after the market close at approximately 4:00 p.m. Eastern Time. Sensata will host a live conference call and webcast on the same day at 4:30 p.m. Eastern Time to discuss its financial results and business performance. The webcast and subsequent replay will be available on the Investor Relations page of the Company’s web.

Is It Worth Investing in Sensata Technologies Holding Plc (NYSE: ST) Right Now?

The stock has a 36-month beta value of 1.36. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 3 as “overweight,” 9 as “hold,” and 0 as “sell.”

The public float for ST is 149.19M, and at present, short sellers hold a 2.97% of that float. On April 18, 2024, the average trading volume of ST was 2.03M shares.

ST’s Market Performance

The stock of Sensata Technologies Holding Plc (ST) has seen a -4.94% decrease in the past week, with a -6.48% drop in the past month, and a -1.01% fall in the past quarter. The volatility ratio for the week is 2.29%, and the volatility levels for the past 30 days are at 2.20% for ST. The simple moving average for the past 20 days is -6.17% for ST’s stock, with a -8.57% simple moving average for the past 200 days.

Analysts’ Opinion of ST

Many brokerage firms have already submitted their reports for ST stocks, with Jefferies repeating the rating for ST by listing it as a “Hold.” The predicted price for ST in the upcoming period, according to Jefferies is $40 based on the research report published on April 09, 2024 of the current year 2024.

Goldman, on the other hand, stated in their research note that they expect to see ST reach a price target of $36, previously predicting the price at $44. The rating they have provided for ST stocks is “Neutral” according to the report published on April 09th, 2024.

BofA Securities gave a rating of “Neutral” to ST, setting the target price at $38 in the report published on February 07th of the current year.

ST Trading at -4.03% from the 50-Day Moving Average

After a stumble in the market that brought ST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.50% of loss for the given period.

Volatility was left at 2.20%, however, over the last 30 days, the volatility rate increased by 2.29%, as shares sank -6.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.31% lower at present.

During the last 5 trading sessions, ST fell by -4.94%, which changed the moving average for the period of 200-days by -25.58% in comparison to the 20-day moving average, which settled at $35.57. In addition, Sensata Technologies Holding Plc saw -10.89% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at ST starting from ZIDE STEPHEN M, who sale 10,108 shares at the price of $41.08 back on May 18 ’23. After this action, ZIDE STEPHEN M now owns 26,368 shares of Sensata Technologies Holding Plc, valued at $415,271 using the latest closing price.

Sullivan Martha N., the Director of Sensata Technologies Holding Plc, sale 11,700 shares at $41.27 during a trade that took place back on May 15 ’23, which means that Sullivan Martha N. is holding 201,268 shares at $482,850 based on the most recent closing price.

Stock Fundamentals for ST

Current profitability levels for the company are sitting at:

  • 0.12 for the present operating margin
  • 0.3 for the gross margin

The net margin for Sensata Technologies Holding Plc stands at -0.0. The total capital return value is set at 0.07. Equity return is now at value -0.13, with -0.05 for asset returns.

Based on Sensata Technologies Holding Plc (ST), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.13. The interest coverage ratio of the stock is 3.34.

Currently, EBITDA for the company is 860.48 million with net debt to EBITDA at 3.42. When we switch over and look at the enterprise to sales, we see a ratio of 1.97. The receivables turnover for the company is 5.45for trailing twelve months and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.55.

Conclusion

To sum up, Sensata Technologies Holding Plc (ST) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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