Sensata Technologies Holding plc (NYSE:ST) could be among the worst stocks to invest in right now as the company shares are trading 4.67% or 2.28 points down from last closing price of $48.87, reaching $46.59 at last check. Any clue why there is so much of action in the ST stock? The share price has dropped in 4 of the last 5 days and is up 5.03% over the past week. It will be exciting to see whether the stock manages to continue decreasing or take a minor break for the next few days. The move came on solid volume too with far more shares changing hands than in a normal session. Trading activity as of this writing strengthened by 68,897 shares, and in total 367197 shares valued at $17.108 million were seen changing hands compared with 298300 shares valued at $14.578 million recorded at the previous session. You should take into consideration that a greater volume on lower prices causes the situation where nobody wants to continue with their long position and wants to exit from the ST stock.
Sensata Technologies Holding plc (ST) shares have notched a 3-month gain of about 5.03%, but has still advanced 8.99% year to date. By comparison, the stock sank -5.13% over the past 12 months, while it jumped 1.41% over the 1 month. The company’s market cap is around $7.87B, with its short interest ratio standing at 7.96%.
In the current trading session for ST, the stock witnessed two major price actions, it rose to a high of $47.79 and was down as much as $46.52 at one point. The high recorded is very low when compared to their 52-week high which is $40.78. The 52-week high is now at -17.04 distance from current price. Their recent low of $56.28 represents a 14.49% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for ST is $54.23, this is below the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
The stock of Sensata Technologies Holding plc earned $3.55 per share in the trailing 12 months and has a P/E ratio of 13.12. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is lower than the ones recorded by the industry which is 18.34 and higher compared to the sector’s average of 10.85. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. ST also has P/S multiple of 2.14. This is greater versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 1.7x.
The company recorded an interesting insider sale transaction by the CEO on Apr 16, 2019. A Securities and Exchanges Commission filings show that Martha N. Sullivan sold a total of 50,000 ST shares that day for a sum of around $2,475,000. Sensata Technologies Holding plc (ST) insiders have acquired 192,044 shares in the stock within the past three months. In total, individual insiders traded 482,184 shares in the business, which makes up 75.256% of 640,722 shares that were traded over a year. In the past 12 months, insiders have purchased 215,488 shares while the seller parted with 425,234 shares.
ST‘s last price was down -3.46% as compared to the average trading price of 50 days recorded at $48.26 while enlarging the period to 200 trading days, the average closing price was $48.61. At present, there are 161.04 million in the total number of common shares owned by the public and among those 158.32 million shares have been available to trade. The percentage of shares being held by the company management was 0.5% while institutions stake was 0%. The company has generated positive returns on equity over the last 12 months (23.6%). It managed to keep its gross profit margin at 35.4% over the past 12 months.
When assessing the full upside of the ST stock, there is another set of technicals that should be looked into and considered. Its -6.8% decline from moving average of $49.99 has brought about a negative sentiment when calculated over the last 20 days. The market has allocated a beta of 1.33 to the stock. With the beta been greater than one, this implies that the company shares are theoretically more volatile than the market, something that the traders definitely are keeping an eye on.
Most of the analysts surveyed by Thomson/First Call think quite highly of Sensata Technologies Holding plc — 4 analysts rate the stock as a buy with another 0 rating it strong buy. There are 4 analysts who maintain a hold rating for the stock, with 1 giving it a sell rating. Analysts arrived at a 12-month price target of $52.75 on shares of Sensata Technologies Holding plc (NYSE:ST), which corresponds to 13.39% upside potential than its current market price of $46.59 and implies potential despite the recent drop in the price. However, their current target price has fallen from $54.25 a month ago and is down handily from the consensus target of $53.875 a quarter ago.
In the last five years, the EPS of the company has been roughly 27.4%. Though the percentage looks encouraging, extra tailwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will increase annually by 11%. The revenue of the company has risen at an average annualized rate of about 12.2 over the last five years. The company recently recorded a drop of -1.8%, but this figure is rather unattractive.
Let’s briefly check the hedge fund interest towards ST stock. Dynamic Technology Lab Private Ltd added position in the company after it grew 50% or 12,421 shares of its common stock. The hedge fund now owns 18,631 shares worth $868,018, SEC documents show. State of Wisconsin Investment Board shored up assets in the stock as 485.32 shares have been purchased, increasing its stake by 14623.2% to 71,454 shares which are currently valued at $3,329,042. In addition, Principal Financial Group Inc. recently reported that it now owns 8,414 shares making a total of $392,008 based on the recent price. This refelects a change of -567.8% in their ownership.