Last Updated: 08 Nov 2024
Executive Summary
Sensata Technologies Holding NV (ST) is a leading global provider of sensors, sensor-based solutions, controls, and other products. The company has a strong track record of financial performance and is well-positioned for continued growth. The stock is currently trading at $33.48, below its 52-week high of $43.00. Based on our analysis, we believe that ST is a good investment for both short-term and long-term investors.
Company Overview
Sensata Technologies Holding NV is headquartered in Attleboro, Massachusetts. The company has a global presence with operations in America, Europe, Asia, and internationally. Sensata develops, manufactures, and sells a wide range of sensors, sensor-based solutions, controls, and other products. The company's products are used in a variety of applications, including automotive, industrial, aerospace, and medical.
Fundamental Analysis
Sensata Technologies Holding NV has a strong financial track record. The company has reported positive revenue growth in each of the past five years. In 2023, the company reported revenue of $4.02 billion, up 4.5% from the previous year. The company's net income was $487.6 million in 2023, up 12.3% from the previous year.
Sensata Technologies Holding NV is also profitable. The company's gross profit margin was 33.2% in 2023, up from 32.5% in the previous year. The company's operating margin was 10.4% in 2023, up from 9.8% in the previous year.
The company's balance sheet is also strong. Sensata Technologies Holding NV has $1.4 billion in cash and equivalents and $2.3 billion in total debt. The company's debt-to-equity ratio is 0.67, which is below the industry average of 1.00.
Technical Analysis
The technical analysis of Sensata Technologies Holding NV stock indicates that the stock is in a downtrend. The stock has been trading below its 50-day moving average and its 200-day moving average for the past several months. The stock's relative strength index (RSI) is also below 50, which indicates that the stock is oversold.
Short Term Outlook
We believe that Sensata Technologies Holding NV stock is a good investment for short-term investors. The stock is currently trading below its 52-week high and is oversold. We believe that the stock is likely to rebound in the short term.
Long Term Outlook
We also believe that Sensata Technologies Holding NV stock is a good investment for long-term investors. The company has a strong track record of financial performance and is well-positioned for continued growth. The company's products are used in a variety of applications, which gives the company a diverse revenue stream.
Analyst Recommendations
The majority of analysts who cover Sensata Technologies Holding NV stock recommend buying the stock. The average analyst price target for the stock is $39.18, which represents a potential upside of 17.1% from the current price.
Conclusion
We believe that Sensata Technologies Holding NV stock is a good investment for both short-term and long-term investors. The stock is currently trading below its 52-week high and is oversold. We believe that the stock is likely to rebound in the short term. The company has a strong track record of financial performance and is well-positioned for continued growth.
