In a report released yesterday,
Matthew Sheerin from Stifel Nicolaus maintained a
Buy rating on Sensata (
ST –
Research Report), with a price target of
$57.00. The companys shares closed last Tuesday at $40.32, close to its 52-week low of $39.03.
According to TipRanks.com, Sheerin is a 5-star analyst with an average return of 13.3% and a 61.9% success rate. Sheerin covers the Technology sector, focusing on stocks such as Vishay Intertechnology, TD SYNNEX Corporation, and Insight Enterprises.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sensata with a $57.20 average price target, representing a 42.7% upside. In a report issued on July 7, RBC Capital also maintained a Buy rating on the stock with a $59.00 price target.
See today’s best-performing stocks on TipRanks >> Sensatas market cap is currently $6.35B and has a P/E ratio of 19.28. Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ST in relation to earlier this year. Most recently, in May 2022, Stephen Zide, a Director at ST sold 12,900 shares for a total of $590,691. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which
3 stocks are most likely to make moves following their insider activities. Sensata Technologies Holding Plc engages in the designing, manufacturing, and marketing of electromechanical, electronic sensors and controls. It operates through the following two segments: Performance Sensing and Sensing Solutions. The Performance Sensing segment designs and manufactures sensors for the automotive and heavy vehicle and off-road markets. The Sensing Solutions designs and manufactures sensors and control products. The company was founded in 1916 and is headquartered in Attleboro, MA.
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