Cowen & Co. Sticks to Its Hold Rating for Sensata

By Jason Carr

In a report issued on September 15, Joseph Giordano from Cowen & Co. reiterated a Hold rating on Sensata (NYSE: ST), with a price target of $45. The company’s shares closed on Friday at $47.18, close to its 52-week high of $47.26.

According to, Giordano is a 5-star analyst with an average return of 19.2% and a 83.8% success rate. Giordano covers the Industrial Goods sector, focusing on stocks such as Watts Water Technologies, Rockwell Automation Inc, and Mueller Water Products.

Sensata has an analyst consensus of Moderate Buy, with a price target consensus of $48.20.

Based on Sensata’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $840 million and quarterly net profit of $79.46 million. In comparison, last year the company earned revenue of $828 million and had a net profit of $65.51 million.

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Sensata Technologies Holding NV engages in the development, manufacture, and sale of sensors and controls. It operates through the Performance Sensing and Sensing Solutions business segments.