Sensata Technologies Holding Plc (ST) Shares Decline Despite Market Challenges

Sensata Technologies Holding Plc (NYSE: ST)’s stock price has decreased by -0.55 compared to its previous closing price of 32.85. However, the company has seen a -2.36% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-11-05 that Continued destocking, sluggish housing construction market and rising competition in the Chinese market weigh on ST’s third-quarter performance.

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

Additionally, the 36-month beta value for ST is 1.24. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 3 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for ST is 148.00M and currently, short sellers hold a 1.85% ratio of that float. The average trading volume of ST on November 14, 2024 was 1.17M shares.

ST’s Market Performance

ST’s stock has seen a -2.36% decrease for the week, with a -7.84% drop in the past month and a -11.96% fall in the past quarter. The volatility ratio for the week is 2.18%, and the volatility levels for the past 30 days are at 2.30% for Sensata Technologies Holding Plc The simple moving average for the last 20 days is -4.69% for ST stock, with a simple moving average of -11.06% for the last 200 days.

Analysts’ Opinion of ST

Vertical Research, on the other hand, stated in their research note that they expect to see ST reach a price target of $55. The rating they have provided for ST stocks is “Buy” according to the report published on July 23rd, 2024.

Evercore ISI gave a rating of “Outperform” to ST, setting the target price at $60 in the report published on May 06th of the current year.

ST Trading at -6.56% 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 -24.27% of loss for the given period.

Volatility was left at 2.30%, however, over the last 30 days, the volatility rate increased by 2.18%, as shares sank -9.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.52% lower at present.

During the last 5 trading sessions, ST fell by -2.36%, which changed the moving average for the period of 200-days by -12.53% in comparison to the 20-day moving average, which settled at $34.28. In addition, Sensata Technologies Holding Plc saw -13.04% 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 Stott David K, who sale 6,330 shares at the price of $33.53 back on Nov 07 ’24. After this action, Stott David K now owns 27,191 shares of Sensata Technologies Holding Plc, valued at $212,245 using the latest closing price.

Stott David K, the Officer of Sensata Technologies Holding Plc, proposed sale 6,330 shares at $33.53 during a trade that took place back on Nov 07 ’24, which means that Stott David K is holding shares at $212,245 based on the most recent closing price.

Stock Fundamentals for ST

Current profitability levels for the company are sitting at:

  • -0.2 for the present operating margin
  • 0.29 for the gross margin

The net margin for Sensata Technologies Holding Plc stands at -0.03. The total capital return value is set at -0.03. Equity return is now at value -2.57, with -1.01 for asset returns.

Based on Sensata Technologies Holding Plc (ST), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at 1.08. The interest coverage ratio of the stock is -1291.51.

Currently, EBITDA for the company is 506.99 million with net debt to EBITDA at 16535.62. When we switch over and look at the enterprise to sales, we see a ratio of 2.74. The receivables turnover for the company is 1.31for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.60.

Conclusion

In conclusion, Sensata Technologies Holding Plc (ST) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.

Related Posts