Latest news with #SensataTechnologiesHoldingplc
Yahoo
4 days ago
- Automotive
- Yahoo
ST Unveils High-Efficiency Contactor for Smooth EV Voltage Transition
Sensata Technologies Holding plc (ST) recently introduced High Efficiency Contactor (HEC), a cutting-edge solution designed to simplify voltage transitions from 400V to 800V electric vehicle (EV) architectures while enhancing system reliability, safety and efficiency. EV makers are shifting to 800V systems for faster charging, but most chargers today still use 400V. So, vehicles must work with both systems, creating a key challenge in the EV ecosystem. ST's HEC addresses this issue by enabling seamless battery reconfiguration between 400V and 800V systems, allowing EVs to efficiently interface with both old and new charging standards without compromise. Modern EVs often utilize dual battery packs for increased capacity and modularity. However, this poses challenges such as imbalances due to pack aging, uneven usage, or even failures in one of the packs, which can compromise vehicle performance or immobilize the vehicle entirely. ST's HEC is engineered to independently access and isolate either of the two 400V packs, enabling features like battery balancing and limp-home mode. This selective access functionality boosts battery longevity, enhances reliability in fault scenarios and improves overall vehicle reliability, a significant advantage for both end users and fleet operators. It also takes a hardware-centric safety approach by integrating three high-voltage contactor poles into a patent-pending design with mechanically synchronized contacts. This mechanical interlock ensures that only valid switching configurations are physically possible, eliminating the risk of incorrect switching due to software bugs, welded contacts, or mechanical shock. This creates a safer system that lowers the risk of serious faults and supports top safety and reliability standards. Key Capabilities of ST's HEC The system offers flexible configuration, supporting standard battery setups like Series-800V, Parallel-400V and Open-Isolated, along with single-pack options (A-only / B-only) for battery balancing and limp-home modes. Its inherently safe mechanical design prevents incorrect switching, removing the risk of short circuits. Built for robust performance, it can handle short-circuit events up to 25 kA and withstand mechanical shocks of more than 90g. The compact and lightweight form reduces system components by more than 50%, requiring no extra cooling or special equipment. Additionally, its bi-stable design needs no holding power, and the ultra-low contact resistance (under 50 µΩ) ensures high efficiency by minimizing energy loss and heat. Designed for demanding, safety-focused applications, the HEC handles continuous currents above 1000 A. It includes a built-in ASIL-D compliant position sensor for real-time diagnostics. In addition to enabling 400V/800V battery switching, Sensata's HEC works with Vehicle-to-Grid (V2G) setups, Megawatt (MW) charging and the North American Charging Standard (NACS/J3400), making it a flexible and future-ready solution for today's EV and energy systems. As EVs continue to evolve, infrastructure constraints, safety concerns and system inefficiencies have the potential to slow down its adoption. Sensata's HEC is poised to address these barriers, enabling a smooth and safe transition to 800V architectures, extending vehicle reliability and simplifying battery system integration. ST Gains From Strong Portfolio, Macro Woes Persist Sensata boasts a rich portfolio of high-voltage protection and battery management systems. It is also well-positioned with a diverse portfolio of high-value products. This includes a robust ICE portfolio, electrification opportunities for auto and HVOR, and advanced sensing and electrical protection solutions for industrial and aerospace customers. In June 2025, ST's subsidiary, Dynapower, introduced the MV Integrated PowerSkid — a cutting-edge solution designed to simplify and strengthen medium-voltage energy systems across key sectors like renewables, battery energy storage systems, data centers and green hydrogen. Nonetheless, the company is dealing with challenges from global economic uncertainty and changing trade policies. It also highlighted a temporary gap between paying tariffs and recovering those costs, which may negatively impact its quarterly performance. ST's Zacks Rank & Stock Price Performance ST currently carries a Zacks Rank #2 (Buy). Shares of the company have lost 19% in the past year against the Zacks Instruments – Control industry's growth of 10.2%. Image Source: Zacks Investment Research Other Key Picks From the Computer and Technology Space Some better-ranked stocks from the broader technology space are NETGEAR, Inc. (NTGR), Ubiquiti Inc. (UI) and Watts Water Technologies, Inc. (WTS). NTGR sports a Zacks Rank #1 (Strong Buy), while UI and WTS carry a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here. NETGEAR's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 179.12%. In the last reported quarter, NTGR delivered an earnings surprise of 105.71%. Its shares have surged 89.3% in the past year. Ubiquiti earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 29.93%. In the last reported quarter, UI delivered an earnings surprise of 61.29%. UI shares have skyrocketed 170.2% over the past year. Watts Water's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 6.57%. In the last reported quarter, WTS delivered an earnings surprise of 11.79%. Its shares have increased 28.1% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Sensata Technologies Holding N.V. (ST) : Free Stock Analysis Report NETGEAR, Inc. (NTGR) : Free Stock Analysis Report Watts Water Technologies, Inc. (WTS) : Free Stock Analysis Report Ubiquiti Inc. (UI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
28-03-2025
- Business
- Yahoo
Is Sensata Technologies Holding plc (ST) the Best Affordable Tech Stock to Buy According to Analysts?
We recently published a list of . In this article, we are going to take a look at where Sensata Technologies Holding plc (NYSE:ST) stands against other best affordable tech stocks to buy according to analysts. Stock affordability can be assessed in multiple ways. The most common approach is considering stocks with a market price below a certain threshold. Another method is evaluating stocks based on relative valuation metrics, such as a low price-to-earnings (P/E) ratio or other similar multiples. While we have earlier written about undervalued stocks based on P/Es (Read: ), the focus for this article is a blend of both the approaches. Apart from low valuation, investors are often drawn to lower-priced stocks, particularly those under $50, because even small price movements can lead to significant percentage gains. Additionally, many investors prefer owning a larger number of shares in lower-priced stocks rather than a few shares in higher-priced ones. However, a stock's affordability alone does not determine its quality or long-term potential. Key factors such as financial stability, business execution, and overall market conditions play a crucial role in a stock's performance. Affordable tech stocks are often found in the small- and mid-cap space, particularly within the $10-$50 range, which is the focus of this article. Recently, interest in small- and mid-cap stocks has increased following the volatility in the Magnificent 7 (Mag 7) mega-cap tech stocks. Chris Retzler, portfolio manager of the Needham Small Cap Growth Fund, discussed the outlook for small-cap stocks on CNBC's Squawk Box on January 17. He noted that while small-cap stocks have underperformed broader market indexes, recent momentum in the Russell 2000 suggests a potential shift. Chris emphasized that small-cap companies are seeking greater economic stability, which, once established, could drive broader market participation and growth. He also highlighted ongoing innovation in industries such as electric vehicles, semiconductors, and data infrastructure, which could benefit smaller firms. Similarly, in mid-February, Gene Munster, managing partner at Deepwater Asset Management, discussed a potential shift from mega-cap tech stocks toward smaller technology companies. While he remains optimistic about the long-term prospects of the Mag 7, he believes that smaller tech firms—particularly those with a market cap below $500 billion could start outperforming as investors look for new growth opportunities. Identifying the best affordable tech stocks is particularly challenging, given the sector's dynamic nature and recent volatility. To gain further insights, we look at another discussion on CNBC from March 24, where Gene Munster again shared his outlook on the tech sector. He pointed to April 2 as a key event, as new tariffs are set to take effect. While acknowledging short-term volatility, Munster remains bullish on tech stocks for the next two years, viewing the market as still in the early stages of an AI-driven growth cycle, unless disrupted by a potential recession. Despite short-term fluctuations and external factors like tariffs, the long-term outlook for tech remains strong, especially for companies positioned to capitalize on AI-driven growth and broader industry trends. That said, given the recent volatility in large tech stocks, opportunities in small- and mid-cap tech companies have come to the fore, particularly for those with strong financials and innovative offerings. As investors look beyond the Magnificent 7 and large cap tech companies, affordable tech stocks in sectors like AI, semiconductors, and data infrastructure could benefit from increased market attention. To identify the best affordable tech stocks to buy according to analysts, we screened for U.S.-listed companies with a share price between $10 and $50 and a market capitalization above $1 billion. These criteria helped us avoid volatile small-cap stocks. Next, we narrowed the selection to stocks trading at or below a forward price-to-earnings (P/E) ratio of 20 while also having an upside potential of at least 20%. From this refined list, we further filtered companies that are widely held by hedge funds, using data from Insider Monkey's Q4 2024 hedge fund holdings database. Finally, we ranked the top 12 stocks based on their upside potential, placing those with the highest projected gains at the are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). A research and development laboratory with scientists examining sophisticated electronic Technologies Holding plc (NYSE:ST) is a global supplier of sensors, electrical protection devices, and power management solutions. The company serves the automotive, industrial, aerospace, and heavy vehicle markets. The company is experiencing strong growth driven by rising demand for safer, cleaner, and more efficient products, fueled by both global regulations and changing consumer preferences. These market shifts create significant expansion opportunities, and the company is well-positioned to capitalize on them by leveraging its core strengths and global presence. In 2024, this growing emphasis on safety, sustainability, and efficiency represented a total addressable market of $15.6 billion. Acknowledging the growth prospects, TD Cowen analyst Joseph Giordano recently reiterated a Buy rating on Sensata Technologies Holding plc (NYSE:ST) with a price target of $45, highlighting management's strategic improvements under new CEO Stephan von Schuckmann. The analyst emphasized Sensata's disciplined restructuring, including exiting non-core and unprofitable segments, which has strengthened its cost structure and positioned it well in the challenging automotive sector. He remains optimistic about Sensata's global growth potential. Joseph further emphasized that the Gigavac acquisition enhances its EV offerings in Europe and aligns with the shift to next-generation vehicles. In China, the CEO's expertise is expected to drive deeper market penetration, despite hurdles for multinationals. In the U.S., Sensata benefits from the rising adoption of hybrid vehicles. Additionally, the analyst's view is also bolstered by strong cash flows and an undemanding valuation at P/E of 10. Overall, ST ranks 8th on our list of best affordable tech stocks to buy according to analysts. While we acknowledge the potential of ST to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ST but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
18-02-2025
- Business
- Yahoo
We Think Sensata Technologies Holding's (NYSE:ST) Solid Earnings Are Understated
Investors signalled that they were pleased with Sensata Technologies Holding plc's (NYSE:ST) most recent earnings report. Looking deeper at the numbers, we found several encouraging factors beyond the headline profit numbers. Check out our latest analysis for Sensata Technologies Holding To properly understand Sensata Technologies Holding's profit results, we need to consider the US$322m expense attributed to unusual items. While deductions due to unusual items are disappointing in the first instance, there is a silver lining. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And that's hardly a surprise given these line items are considered unusual. In the twelve months to December 2024, Sensata Technologies Holding had a big unusual items expense. As a result, we can surmise that the unusual items made its statutory profit significantly weaker than it would otherwise be. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Having already discussed the impact of the unusual items, we should also note that Sensata Technologies Holding received a tax benefit of US$140m. It's always a bit noteworthy when a company is paid by the tax man, rather than paying the tax man. We're sure the company was pleased with its tax benefit. And since it previously lost money, it may well simply indicate the realisation of past tax losses. However, our data indicates that tax benefits can temporarily boost statutory profit in the year it is booked, but subsequently profit may fall back. Assuming the tax benefit is not repeated every year, we could see its profitability drop noticeably, all else being equal. In its last report Sensata Technologies Holding received a tax benefit which might make its profit look better than it really is on a underlying level. But on the other hand, it also saw an unusual item depress its profit. Based on these factors, we think that Sensata Technologies Holding's profits are a reasonably conservative guide to its underlying profitability. If you'd like to know more about Sensata Technologies Holding as a business, it's important to be aware of any risks it's facing. Case in point: We've spotted 2 warning signs for Sensata Technologies Holding you should be mindful of and 1 of these bad boys is a bit unpleasant. In this article we've looked at a number of factors that can impair the utility of profit numbers, as a guide to a business. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
