Sensata Technologies Reports Fourth Quarter and Full Year 2020 Financial Results

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Sensata Technologies (ST) PT Raised to $60 at Stifel Following EPS

February 2, 2021 4:26 PM EST

Stifel analyst Matthew Sheerin raised the price target on Sensata Technologies (NYSE: ST) to $60.00 (from $58.00) while maintaining a Buy rating.

The analyst comments "Although ST sees strong growth in FY21, guiding revenue up 10%-15% organically, the sensor maker pointed to supply issue related... More

Sensata Technologies (ST) Tops Q4 EPS by 15c, Revenues Beat; Offers 1Q & FY21 EPS/Revenue Guidance

February 2, 2021 6:02 AM EST

Sensata Technologies (NYSE: ST) reported Q4 EPS of $0.85, $0.15 better than the analyst estimate of $0.70. Revenue for the quarter came in at $906.5 million versus the consensus estimate of $838.16 million.

Revenue:

Revenue was $906.5 million, an increase of $59.8 million, or 7.1%, compared to $846.7 million in the fourth quarter of 2019.Revenue increased 5.3% from the fourth quarter of 2019 on an organic basis, which excludes a 1.8% increase from foreign currency exchange rates versus the prior year period.Revenue increased 15.0% from the third quarter of 2020 on a reported basis.

Operating income:

Operating income was $154.2 million (17.0% of... More