Sensata Reports Solid 4Q Results as HVOR Remains on a Roll; Raising FVE to $53
Sensata Technologies reported solid fourth-quarter results that exceeded our forecast and previous guidance. Strong content growth across several end markets remain the driving force for Sensata’s growth, with the heavy-vehicle off-road, or HVOR, segment providing sizable gains in the quarter. We are raising our fair value estimate for narrow-moat Sensata to $53 per share from $50, mostly due to the time value of money as we roll our valuation model forward. The shares currently trade above our ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.