Yahoo Finance Here's Why Sensata (ST) is a Strong Value Stock
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why Investors Should Pay Attention to This Value Stock
Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.
Sensata (ST)
Headquartered in Attleboro, MA, Sensata Technologies is a global industrial technology company that develops, manufactures and sells innovative sensor-based solutions. Markedly, it is considered as one of the leading suppliers of electrical protection and power management solutions. With an industry rich experience of more than 100 years, the company has its business centers in 11 countries, including Japan, China, Korea and Malaysia, and operates under 14 other brand names apart from Sensata.
ST sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of B. Compared to the Instruments - Control industry's P/E of 24.7X, shares of Sensata are trading at a forward P/E of 11.6X. ST also has a PEG Ratio of 1.1, a Price/Cash Flow ratio of 8.3X, and a Price/Sales ratio of 1.7X.
Many value investors pay close attention to a company's earnings as well. For ST, five analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.07 to $3.84 per share for 2023. Per share ST boasts an average earnings surprise of 3.1%.
Investors should take the time to consider ST for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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Sensata Technologies Holding N.V. (ST) : Free Stock Analysis Report
